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Original Northeast commercial real estate news & events for New York, New Jersey, Boston, Philadelphia, and other northeastern US states, plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
The Federal Reserve seems increasingly certain that September is the time to start.
One bank expects peak-to-trough property value declines of 71% and a 24% default rate.
But multiple economic factors provided conflicting news of health.
In June 2024, rents for larger units had their highest growth rate in five years, up by $363 (23%)
Detroit, Chicago and Pittsburgh registered the lowest rent-to-income ratios in the country.
Buyers have $25,000 more buying power in July than they did in April.
The centralization that was supposed to make tech cheaper and more manageable comes with some big weaknesses.
It was another year of excellent and highly competitive candidates. View the chosen Women of Influence Pt. 3 here.
It was another year of excellent and highly competitive candidates. View the chosen Women of Influence Pt. 2 here.
Lynd Group weighs in with GlobeSt.