MARKET INTEL

Intel

Multifamily Investors Plan to Transact More Soon

A robust 62% of multifamily investors expect to increase their purchasing activity from last year and 40% expect to sell more, according to CBRE’s 2024 Global Multifamily Investor Intentions Survey in late 2023 of 1,200 investors. And nearly half (47%) of multifamily investors view high risk, such as opportunistic, distressed,

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Intel

Phoenix Earned No. 8 Spot for Population Gains in 2023

Phoenix is now the eighth-fastest growing metropolitan statistical area in the nation, according to recently released data from the U.S. Census Bureau. The Valley’s population base added 49,200 people from July 1, 2022, to July 1, 2023, the data found. Many of the top markets are located in the Sun

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Intel

Apartment Rental Fraud Becoming Increasingly Sophisticated

Organized rings of fraudsters and other bad actors are using a range of sophisticated deceptive practices to obtain apartment leasing, according to a new survey of more than 400 property management professionals by RealPage. More than 50% reported seeing diverse types of fake identity, income fraud or approval errors and

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Intel

Persistent Inflation and Its Effects on CRE

While inflation is still a challenge for the Federal Reserve, there are many positive signs for the commercial real estate industry. The headline Consumer Price Index rose 3.2 percent for the year ended Feb. 29, a figure 20 basis points lower than the Dec. 31, 2023, rate. Lower energy and

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