One Big Thing Construction prices are soaring and eating into the yields of multifamily developers. In an environment like this, its nearly impossible to forecast costs over the typical 2-3 year build cycle for most large multifamily buildings. As a result, developers have to gamble that rent increases will keep...
February 25th – Swamped
What I'm Reading Swamped: As the nation begins to climb out of the depths of the COVID-19 crisis, landlords will be forced to fight for office tenants, creating a tenant’s market unlike any other over the past few decades with availability rising 15-20% in some markets. Vestian Hot Spots: Boise,...