I get a ton of online CRE newsletters, deal summaries, rent/sale reports, finance/lender updates, and general news of the day information. And for those who know me, my background is in distressed, REO, …

A recent press from Zillow showed that Salt Lake City (50.9%) is among a group of cities where concessions are being offered at more than 50% of the multifamily properties in the market. Of all of the rental listings on Zillow, 33.2% of properties are offering …

From the Joint Center for Housing Studies at Harvard University comes a troubling report describing the demands low-income people (annual household income less than $25,000) face in paying for food, energy and housing …

I have always believed that property management is one of the most critical, if not THE most critical, component in a commercial real estate investment. It’s one thing for …

A comprehensive survey of 30,000 renters (‘comprehensive’ seems to understate the magnitude of the survey), 48% of respondents said they were planning to move in the next six months. This is a marked increase from 40% – 43% in the two preceding years …

The multifamily transactional marketplace is coming back to life as a result of positive things beginning to happen. Sellers are realizing it’s not 2022 anymore and their properties won’t sell at a sub-3% cap rate. Pricing is coming down. While interest …

Yardi reports that since 2022, multifamily rent growth and occupancy in the United States have declined on something of a steady basis. There’s a link to the Yardi study in the article. But one needs to strongly consider that rent growth from 2021 – 2022 was in the …

If you’re on this web site, chances are you know what ‘extend and pretend’ means. I’m not sure when the phrase was derived but when I was in REO in the 90s, working for a failing savings and loan, it was a common expression. It’s shorthand for the ‘forgiveness’ a lender …

For those with any interest in Salt Lake City, take a moment and review the attached ‘report card’ from Building Salt Lake as it evaluates the proposed redevelopment by Smith Entertainment Group (SEG) in creating an ‘entertainment district’ in downtown…