What I'm Reading Mixed Signals: The US employment report for June continued to show a strong labor market consistent with a strong economy with moderating inflationary pressures. However, other economic data are telling a worrisome story of an economy that could be entering into recession even while the underlying inflation...
March 29th – Off to the Races
What I'm Reading Off to the Races: Through the first three months of the year, 2022’s national rent growth is outpacing 2021’s record rent growth, according to Zumper’s National Rent Report published last week. Zumper Its almost as if home ownership becoming completely unaffordable creates more renters or something. Time...
March 2nd – Paved Paradise
What I'm Reading Land Rush: The imminent rise of self driving trucks will fuel even more demand for outdoor industrial storage. (h/t Scott Ramser) Wall Street Journal IMO, this previously overlooked space is about to become a darling of the CRE investment world. Why? Demand will continue to increase due...