The impact of the Federal Reserve keeping interest rates higher for longer has filtered into a large swath of the economy, including commercial real estate.
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Los Angeles will receive $900 million in federal funding to improve public transportation
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Industrial and multifamily expect near-record deliveries.
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The United States’ economic outlook for 2024 looks favorable, according to Mark Zandi, chief economist, Moody’s Analytics, and other panelists featured in last week’s Cutting Through Uncertainty: 2024 Economic & CRE Outlook webinar, hosted by Marcus & Millichap.
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Resiliency, falling interest rates, and “dry powder” are reasons given.
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In a significant stride towards urban transit innovation, the city of Inglewood in California is set to construct a 1.6-mile automated people mover system, thanks to a colossal federal funding of approximately $1 billion.
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Investors Sound Positive Note at Marcus & Millichap Forum. Experts suggest the lack of new construction starts in 2023 could make existing properties more attractive to multifamily investors in 2024
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The L.A. City Council approved a cap of 4% on rent increases for units covered by the city’s rent stabilization ordinance.
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Research shows little drama when it comes to the Fed's decisions, no matter the party in charge.
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The head of one of the leading firms in commercial real estate investment sales thinks we’ll be seeing distressed buying, but not at the volume that would shape the market as it did in the early 1990s or following the Global Financial Crisis.
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