The multifamily segment of the CRE market – which has been a relative bright spot – is reportedly now showing signs of slowing, too (from m. stanfield via X)…

The music is slowing. Here’s what I’m seeing out there. Owners who need to sell, for a variety of reasons, are in trouble. The market has changed, and they’re trying to recoup their equity, which ain’t happening. Active price discovery. Brokers who haven’t been in the business long are panicking because their business has virtually
Read More …

The U.S. has a housing shortage… even with 5 million vacant homes (from The Real Deal on October 8)…

The U.S. is in the midst of a housing crisis, but there’s still plenty of millions of empty homes. Indeed, a recent analysis of the 2022 American Community Survey by LendingTree Inc. has unveiled a perplexing phenomenon in the United States — an estimated 5.5 million vacant housing units in the nation’s 50 largest metro
Read More …

Here’s a fantastic “deep dive” interview into the commercial real estate (CRE) market, which includes office, multifamily housing (apartments), hotels, data centers, malls, and more (from Blockworks Forward Guidance on August 30)…

Jack welcomes John Toohig, Head of Whole Loan Trading at Raymond James, Thomas LaSalvia, Head of Commercial Real Estate Economics at Moody’s Analytics, and Victor Calanog, Manulife’s Managing Director & Global Head of Research and Strategy, Real Estate Private Markets, for a wide-ranging discussion on the challenges and opportunities within CRE, with a focus on
Read More …