Research and News
Cutting-Edge Market Research from Marcus & Millichap
Employment growth continues, but pace slowing. Employers added 1.4 million jobs in August, the lowest total of the past four
months. The collective gains made over that period have restored nearly half of the 22.2 million roles that were lost in March and April.
Most tenants able to meet dues despite unprecedented headwinds. July earnings releases from REITs provided some insight to the health of commercial real estate. Collections from healthcare, multifamily, industrial and office tenants all exceeded 95 percent.
Initiative could tighten existing restrictions. Under Proposition 21, vacancy control will be introduced in areas with rent control as Costa-Hawkins is repealed. Currently, operators are able to lift rents up to the market rate upon vacancy.
President Trump signed a series of executive orders in response to Congress’ lack of progress on another stimulus package to boost the ailing economy and provide funds for those impacted by the pandemic.
Tenants to reevaluate space needs and practices. The implementation of stay-at-home orders across the country forced many companies to adopt remote working solutions.
Self-Storage Operations Among Least Challenging to Adapt to Social Distancing; New Demand to Emerge Under Reopening Strategies.
The escalating human cost of the public health crisis has created fear and uncertainty, while consumption and commerce have become increasingly constricted.
What happens when the COVID-19 shutdown triggers missed payments on CMBS and CLO loans? An analysis from BlackEagle Real Estate Partners’ Debra Morgan and Paul Fiorilla of Yardi Matrix.
The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn.
Federal Reserve pulls all the levers to bridge U.S. economy through a global pandemic.The Federal Open Market Committee (FOMC) unleashed its broad and sizable arsenal this week, highlighting the impact COVID-19 will have on the national economy
First Half 2020
The growing need for lower-cost homes includes manufactured housing options.The reduced entry cost to buy a manufactured home continues to provide a more affordable path to homeownership.
Mortgage REITs that borrowed money in recent years to augment their returns have been sucker-punched by pandemic-inspired economic turmoil, with margin calls putting intense pressure on borrowers.