Short-Term Metrics Aren't Great For Multifamily, But The Long Game Looks Good
The Dallas multifamily market is looking a little rough with rent growth continuing to sag due to incessant Class-A deliveries. More product is on the way — Dallas is No. 2 in the nation for multifamily permits issued this year. This has raised some concerns about overbuilding, but experts say the long-term outlook for the market is strong despite rougher-than-usual numbers in the short term.
Dallas' multifamily rent growth decreased by another 2.49% from October to November, according to a report from Abodo. Continued deliveries of Class-A product are cited as the primary source of the softening.
“With a 2.49% decrease in rent price from…
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Live! By Loews Breaks Ground In $4B Arlington Entertainment District
Live! by Loews, a 302-room, $150M hotel, broke ground in Arlington's Texas Live! Entertainment District. The project is a joint venture between Cordish Cos., the Texas Rangers and Loews Hotels & Co.
The hotel will anchor the new entertainment district,…
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Investors Take On More Risk As Real Estate Cycle Nears Record Run
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Retailers Crowd The Coffee Business, Putting Added Pressure On Niche Coffee Shops
When it comes to coffee, there may be too many options.
Coffee shops face similar issues to many retailers, including rising real estate prices and a saturated industry, but the added pressure of stores like McDonald's and gas stations advertising specialty…
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4 Factors That Could Threaten Industrial Real Estate's Winning Streak
U.S. industrial real estate fundamentals were strong this past year and are expected to continue their upward trajectory throughout the next 18 months.
A strong economy, plenty of investment properties and a slew of buyers have led to favorable market conditions while the rise of e-commerce and the push for same-day deliveries will continue to lead to exponential growth in industrial leasing activity across the country.
Though strong demand is expected to sustain leasing activity in the sector, RCM and the Society of Industrial and Office Realtors discovered a handful of potential risks that could negatively impact the sector. The two joined together to gather data by surveying a host of RCM principals and SIOR members, as well as conducting subsequent research.
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