Markets with the lowest vacancy rates were all seaports.

Net absorption increased 12.6% quarter-over-quarter while deliveries fell 5.1%.

"Most loans will be able to absorb higher interest costs; many will not."

However, there are 11 markets where retail inventory per capita has expanded.

In 2Q 2023, household formation in the U.S. reached its highest point since Covid.

Meanwhile national fit out costs have soared to $1,930 psf for Biosafety Level 3 structures.

Data center operators are prioritizing power availability.

The one million apartment units under construction may not make a significant dent in the nation's housing needs.