Housing Market, Jobs Report, Debt | Economic Update

Housing Market, Jobs Report, Debt | Economic Update

FOMC INTEREST RATE DECISION The FOMC left its benchmark federal funds rate unchanged at its January policy meeting as improving inflation and consumer expectations data has reduced the committee’s need to continue its monetary tightening. Still, the timing of...
Multifamily Outlook, Population, Retail Trends | Economic Update

Multifamily Outlook, Population, Retail Trends | Economic Update

2024 US MULTIFAMILY OUTLOOK According to a recent forecast by Yardi Matrix, the US multifamily sector faces a mixed outlook in 2024. While apartments have performed relatively healthily during the Fed’s ongoing tightening cycle, sector valuations will face challenges...
WeWork Bankruptcy, CRE Prices, Apt Declines | Economic Update

WeWork Bankruptcy, CRE Prices, Apt Declines | Economic Update

WEWORK BANKRUPTCY, CRE IMPACT On November 6th, co-working trailblazer WeWork filed for Chapter 11 bankruptcy, bringing additional unease to an office sector battered from the residual effects of the remote-work revolution. Over the previous decade, including before...