Although this article by Bloomberg is specifically about Boston, I highly doubt it is the only city in the country to face a significant tax revenue squeeze as office real estate tax revenue declines in lockstep with its values. One-third of Boston's tax...
CREDiq analyzed 556 properties that were reappraised in 2023 and the results are shocking. The Commercial Mortgage-Backed Security (CMBS) loans analyzed were attempting to work through problems. CREDiq only analyzed non-current CMBS loans, not bank or...
DXD's latest dual ground floor loading development in the Alamo Ranch community of San Antonio leverages basement construction for a multi-level facility with ground-level loading access.
Listening to Dr Peter Linneman's most recent podcast, he makes a dramatic point. We are in deflation if you remove housing, the CPI, and PCE (personal consumption expenditures). A gut check on this makes sense. Remember when egg prices went crazy?...
My first-hand experience with banks has me concluding that they are virtually shut down for new commercial real estate (CRE) loans, especially construction. Banks are not competing in a dogfight for deals. They can pick and choose what they want to...
The chart below could be titled, “The Less Attractive the City, the Cheaper the Housing.” I don't see many stories about Millennials flocking to Cleveland or Pittsburgh. I have never seenONE! When people aren't excited about living in a certain...
The Wall Street Journal (WSJ) recently published an article highlighting that US home sales hit a 30-year low. We all know the reasons: high interest rates, new construction cannot keep up with the demand, and...
John Chang, with Marcus & Millichap, does a good job framing up the state of the self storage market. I'll summarize his main points, all of which I agree with: