What I'm Reading Riding the Wave: Industrial supply is not likely to catch up with demand anytime soon, even as developers ramp up new construction. As a result, both rent and property values should continue to surge. Globe Street Much like what the market experienced during the pandemic, I expect...
January 5th – Stuck in Place
What I'm Reading Boxed In: Despite an incredibly tight apartment market, Los Angeles won't allow rent hikes for tenants in rent-stabilized units - which accounts for approximately 75% of inventory - until at least 2023. This despite costs rising sharply, including labor and materials for building repairs as well as...
August 3rd – Packing Heat
What I'm Reading Packing Heat: The packaging industry is growing as soaring ecommerce adoption has led to higher demand for boxes. As a result, demand is increasing for industrial space used to produce and distribute packaging. Fast Company Waiting Game: Home builders are intentionally restricting the sale of new homes...