Research

Inventory continues to rise significantly this year with more than 550,000 square feet of construction delivered in the second quarter, to be followed by another half a million square feet for the balance of 2018.

The low cost of living, and ability to attract and retain the Millennial workforce, and diverse industry types are a major driver for Texas Millennials in finding opportunities that best suit their skillsets.

In an annual survey, it streched out its lead over second-place San Francisco.

For the first half of this year, the average cap rate rose in nine out of the 11 net lease subsectors compared to the same period last year.

River North apartment communities performed especially well, but attention will soon shift to West Loop and South Loop.

Major REITs recently slowed down their acquisitions in the sector, largely due to concerns about interest rates.

Fewer than half of new private-sector jobs created in the second quarter were in lower-wage industries, as high-wage industries added 6,000 new jobs—the biggest gain in that sector in the last two years.

The local job market and Seattle's appeal to Millennials are the two pillars that will continue to support the extraordinary demand for rental housing in one of the most active US multifamily markets.