National Archives - The Ivy Group

CRE Daily Jan 8, 2025 National apartment rent growth slowed to just 1% in Q4, the second consecutive quarter of slowing rent growth as a surge in new supply outpaced demand. Easing growth: Year-over-year rent growth dipped to 1.0% in December 2024, down from 1.1% in September, per Apartments.com. National rents averaged $1,729, up slightly […]

By Jenna Martin and Gary J. Boulanger – Silicon Valley Business Journal Dec 9, 2024 STORY HIGHLIGHTS West Coast cities have high middle-class salary gaps. San Jose’s median income falls short by nearly $60,000. Middle-class salaries stretch furthest in Detroit and Memphis. With America’s middle class shrinking in both population share and income growth, a recent study looked to see how […]

By Joanne Drilling – National Data Reporter, The Business Journals Nov 29, 2024 Restaurants are staring down a new reality in the post-pandemic world. After pivoting during the height of Covid-19, restaurateurs have been forced to navigate a labor shortage, soaring inflation and shifting consumer habits. The end result? Lower margins and, for many businesses, a battle to […]

By Ari Mahrer and Joanne Drilling – San Francisco Business Times Nov 19, 2024 Office vacancy rates are at their highest point in 45 years. Commercial real estate insiders predict a quarter of existing American office space could be vacant by early 2026. And currently, 11 major metro areas have at least $1 billion worth of empty space. In […]

CRE Daily November 1, 2024 Self-Storage Conversions Drive Growth in Urban Markets Across U.S. cities, self-storage providers are repurposing industrial and retail buildings, now making up 9% of the nation’s storage space. By the numbers: According to a recent report from StorageCafe, ~78% of converted storage facilities were once industrial buildings, and 16% were retail. […]

By Ashley Fahey – Editor, The National Observer: Real Estate Edition, The Business Journals Oct 16, 2024 The nation’s industrial market continued to slow in the third quarter, building on a two-year cooling-off period after its pandemic heyday, but the market could soon hit bottom. Preliminary data from Savills found the U.S. industrial vacancy rate hit 7.4% […]