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Five of Yardi Matrix's top 30 markets are down in rent growth by 3% or more.
The annual uptick in U.S. foreclosure activity hints at shifting dynamics within the housing market
Blackstone provides financing for $600M data center in West Jordan, Utah.
1.7M SF mixed-use development to rise on former site of produce market.
Net absorption has turned sharply negative in the suburbs.
Economists seem to think rate cuts will likely come in June.
There's no reason to think this might not happen again.
Prices for struggling offices would have to drop almost 50% to make conversion economically viable.
The AIMI ended up higher for the full year 2023 -- even though it dropped in 4Q 2023
It has recovered jobs lost since the pandemic and 22.4% of the population is between 20 and 34 years old.