While the massive improvement witnessed over the past two years can explain the health of New York's office sector, the medical office sector is characterized by stability.
In the final week of May, U.S. hotels notably experienced a lackluster weekend. But at the start of June, that weak performance has shifted to the weekdays.
Philadelphia’s labor market is on solid footing, shrugging off any tariff-related uncertainty that has weighed on business confidence nationally. The metropolitan area added 14,800 jobs in April 2025, an increase of 1.5% year-over-year, while unemployment declined from 4.7% in January to 4.2% in April.
Multifamily rent growth in Dallas-Fort Worth stalled in May after averaging 0.25% month-over-month gains since the beginning of the year. Rents were mostly static in May, while annual rent growth is down 1% based on CoStar’s daily asking rent series.
A California-based aviation startup plans to invest $4.7 billion in a manufacturing plant at the Piedmont Triad International Airport near Greensboro, North Carolina, in a project being touted by officials as having the potential to be the largest job creator in state history.
Over the past 12 months, the Emerald City has seen its highest level of apartment demand in three years. The pace of absorption, the net change in occupied units from one period to the next, has doubled since reaching a nadir two years ago.
As the end of the second quarter of 2025 nears, Boise, Idaho’s multifamily market is rebalancing. The negative effects of unit completions heavily outpacing leasing for three years have burned off, and rents are slowly accelerating. However, some areas have a strong head start.
Approaching the halfway point of 2025, Grand Rapids’ multifamily owners are enjoying the widest gap between renter demand and new supply since early 2022.
Since 2020, more than 80% of the population growth across several major U.S. cities has come from international immigration, which has substantially benefited apartment demand in such markets as South Florida, Dallas-Fort Worth, Los Angeles, and in Orange County, California.
Many traditional office properties in Raleigh, North Carolina, have struggled in recent years, as vacancies have risen amid new completions and limited demand for office space.
Over the past decade, medical office space has evolved into a distinct property class, increasingly diverging from the dynamics of the broader office market. This trend is evident both nationally and across the Dallas-Fort Worth region.
The New Haven, Connecticut, multifamily market witnessed its sixth-consecutive month of rent growth as the halfway point of 2025 approaches. Despite setting a new all-time high of unit completions last year, with more than 1,800 in 2024, rent growth continues steadily, climbing 2% in the past five months.
Rising costs nearer to the core of the Orlando area have been fueling a westward expansion into Lake County, where both land and housing are comparatively more affordable.
Despite a wave of development over the past three years, several multifamily properties in the Las Vegas Valley have been able to lease up their complexes at a relatively fast pace, especially in growing areas such as Henderson and Enterprise.
Over the past decade, the medical office market has emerged as a distinct asset class, clearly diverging from traditional office market fundamentals. This trend has been true across the country and certainly in the Tampa Bay area. With roughly 24 million square feet of medical office inventory, Tampa Bay has one of the largest medical office markets in the southeast.