Insights

Los Angeles Market Overview Vacancies in Los Angeles have been declining since peaking at the end of 2020 and are currently at 3.9 percent. Looking ahead, vacancy is anticipated to rise moderately through 2023 and 2024, as demand will remain modest and is not expected to offset continued supply additions. The most recent transaction activity […]

Industry Insight Q&A with Matthews™ Vice President Jake Baratz      1. How did you start your career in CRE brokerage? I grew up interning for my father on the floor of the Chicago Stock Exchange and always knew I wanted to leverage my financial background and communication skills to work in the Finance and […]

Multifamily Rent Decline According to the most recent Yardi Matrix National Multifamily Report, the expected slowdown in the U.S. multifamily market began following a year of unprecedented performance in November 2022. The average asking rent decreased in November to $1,719, and year-over-year growth fell to seven percent, the lowest level in 17 months. Rent growth […]

Martin County, Palm Beach County, Broward County Market Overview Florida retail has remained adaptable amid economic uncertainty and rapid changes in consumer behavior. Demand for higher cap rate shopping centers is as strong as ever in South Florida as investors seek to hedge higher interest rates and inflation. Palm Beach County is a highly liquid […]

Investor Predictions for 2023 Matthews™  measured investor insight in a recovering market. With a potential recession looming, CRE investors are somewhat concerned about rising rates and their effect on investments. 43% of respondents believe the biggest consequence of rising rates is the effect on real estate valuations, and most respondents believe the U.S. will enter […]

Congress Battles as U.S. Hits Debt Ceiling  On Thursday, January 19, U.S. Secretary of the Treasury Janet L. Yellen sent a letter to all members of Congressional leadership stating the U.S. has reached its debt ceiling, prompting the Treasure department to take extraordinary measures to meet obligations without falling into default. Economists say another default […]

Northern California Hospitality Market Report The hospitality sector in Northern California has an active investment market with 48 hotel trades recorded over the past year which is above the three-year average. Northern California also has a diverse hotel stock, with plenty of hotels at both the high-end and cost-efficient ends of the spectrum. Specifically, it […]

Akron and Canton Market Overview Akron’s apartment demand has remained resilient. Due to strong demand and limited supply, vacancies fell to their lowest level since 2017, averaging 3.9 percent. Renter preferences have shifted since the pandemic; space and affordability are now the priority over location and access to downtown amenities. Supply is also a factor […]

Is liquidity or cost of capital the problem? Borrowers can breathe a sigh of relief: there is no liquidity crunch coming in 2023. Lenders are actively lending, and there is plenty of capital available to fund deals. That’s the good news. The bad news: interest rates have increased at a historically fast pace and are […]