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…

Salt Lake City and Utah’s multifamily market is making headlines with over 18,000 units currently under construction. The Wasatch Front has seen close to 4,000 year-to-date unit deliveries. Occupancy rates have declined …

A permanent pedestrian mall in downtown Salt Lake City on Main Street? Really? Hopefully. A personal note: my son attended the University of Iowa in Iowa City. As one of his college tours, we arrived late on a Friday night for events that weekend. We checked in to …