Phil Geiger

Freddie Mac's latest midyear outlook forecasts muted growth for the multifamily sector in 2024, with high supply and slow rent growth posing challenges. Despite a healthy economy, the vacancy rate is set to rise, and rent growth is expected to be just 2.7%. This tempered performance is a result of record-high new unit supply and economic volatility. However, long-term prospects remain strong due to housing shortages, high for-sale housing costs, and favorable demographics. Secondary and tertiary markets, particularly in the Sun Belt and southern plains, are likely to see more robust growth. https://lnkd.in/dUYcUevi Website: https://londonmoeder.com/ Facebook: https://lnkd.in/d7-qmPKb LinkedIn: https://lnkd.in/dsKSa7am TikTok: https://lnkd.in/dMJuxejJ Youtube: https://lnkd.in/d2rGGnCy #commercialrealestate #commercialproperty #CommercialLand #commerciallandforsale #warehousespace #officespace #flexspace #industrialspace #sandiegocommercialrealestate #sandiegorealestate #realestate #cre #realtor #realestateagent #realestateinvesting #property #commercial #commercialproperty #realestateinvestor #business #investment #propertymanagement #investmentproperty #residentialrealestate #forsale #retail #entrepreneur #construction #officespace #realestatebrokerage #housingshortage #housing #housingelements #housingmarket #housingcrisis #orangecountyrealestate #orangecounty #orangecountyhomes #latimes #lahousing #losangeleshousing #housingresearch

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The NAIOP CRE Sentiment Index for Fall 2024 is 56, indicating that respondents expect conditions for commercial real estate to improve over the next 12 months. Read the full report: https://ow.ly/uOPT50TMYph

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Explore the evolving residential real estate landscape. Delve into the fascinating trends shaping multifamily housing, providing indispensable insights for investors and developers alike. Read the full report: https://lnkd.in/gM4aXPs7 #MultifamilyCRE #CRE #HousingInsights #MarcusMillichap #HousingMarket

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The value of distressed assets in the #CRE marketplace continued to grow in the U.S. into Q3'24. Still, the ramp up is not as rapid as that seen following the GFC as there are different forces at play in the current market. Read more about the source of distress and a chart on comparisons to the GFC by my colleague Alexis Maltin here: http://ms.spr.ly/6049WR4GN MSCI Real Assets

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As post-pandemic factors reshape real estate, the multifamily sector faces unique pressures. Managing Director Robert Raymond, Senior Director Laura McLeod and Senior Consultant Chris Lung break down these pressures and explore the trends that could impact multifamily markets in the coming year. Read more here: https://bit.ly/4e3hdBz. #Multifamily #RealEstate #ExpertsWithImpact #FTIConsulting

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Our latest #CWBTN video with Sam Tenenbaum reveals the multifamily market's surprising resilience, with a mere 8 basis points, quarter-over-quarter, increase in the stabilized vacancy rate. Robust demand has kept rent growth positive, even as new supply continues to pepper the market. Check out our MarketBeat report for more >> https://cushwk.co/49Rq4V1

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Explore Moody's data on the multifamily sector's changing dynamics in feature by Multi-Housing News. Discover insights on vacancy rates, rent performance, and market trends amid ongoing supply-side pressures and elevated concessions in tenant-favored markets: https://lnkd.in/eh_t2aPJ

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NEPI Rockcastle has reported double digit growth in net operating income (NOI), up 9.4% on a like-for-like basis, with tenant sales having increased by 10% during Q1 2024 versus Q1 2023. All product categories recorded higher sales, except ‘Sporting Goods’ (-2.3%) with the best performing categories ‘Health & Beauty’ (+19%) and ‘Services’ (+18%). Fashion, the largest segment, saw sales increase by 9%: https://bit.ly/3UFjiMx #nepirockcastle #commercialrealestate #europe #realestateinvestment #propertyfund #realestatenews #propertydevelopment #propertyowners #landlords #retailrealestate #assetmanagement #shareholders #investorrelations #propertynews #poland #listedcompanies #JSE

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Commercial real estate is evolving, and Robert Sevim (President, Savills Chicago Region) is at the forefront of navigating these changes. 🏢📈 Dive into his insights on how shifting market dynamics are shaping the future of the industry. Read more about the new realities in commercial real estate. https://lnkd.in/d53ay9Zc #CommercialRealEstate #RobertSevim #IndustryInsights #FutureOfRealEstate

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According to a recent Bisnow article by Taylor Driscoll, the first half of this year was supposed to be when interest rates began coming down, providing a lifeline to struggling commercial real estate owners. But it now appears the Federal Reserve may not be coming to the rescue anytime soon. 📈 High-interest rates profoundly impact the commercial real estate sector, particularly influencing borrowing costs, investment returns, and overall market dynamics. As rates climb, the cost of financing or refinancing properties escalates, potentially stifling new projects and pressuring existing owners with variable-rate loans. Conversely, the enduring high rates can freeze less capitalized owners out, leading to distressed sales or foreclosures, which can alter market values and create opportunities for well-capitalized investors. Integrating artificial intelligence (AI) in this sector could be a game-changer, offering CRE owners and investors tools for better asset optimization. AI can enhance decision-making processes through predictive analytics, improve operational efficiencies, and enable more personalized tenant experiences, thereby maximizing asset values even in challenging economic climates. Trends in commercial real estate influenced by interest rates: 1️⃣ Increased adoption of AI and technology solutions for asset management. 2️⃣ Growth in distressed asset sales and foreclosure rates. 3️⃣ Shift in investor focus towards more resilient asset classes. Link to article: https://lnkd.in/gdkaATBH Learn more at realsage.com Tags: #proptech #cre #multifamily #ai

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The FDIC published their 3Q24 balance sheet today. A few very high-level highlights as it relates to CRE. The percentage of 30 to 89-day delinquent loans continue to trend higher for construction and core CRE, but they dropped sharply for multifamily. That said, the % of non-current loans that rose across the board for construction, core commercial and multifamily. In fact, this measure shows that % of non-current multifamily loans is accelerating higher. This may indicate that more multifamily loans are become seriously delinquent (i.e, 90-days or longer). It's worth emphasizing that these percentages remain well below levels that were observed during the GFC. For instance, in 4Q10, 16% of construction loans were non-current vs 4.3% for core commercial and 3.7% for multifamily.

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As the 2024 Presidential election approaches, will it shake up the commercial real estate market? Our latest findings reveal some surprising insights. Curious to know what really influences deal volumes? Click here to find out: https://lnkd.in/gU_5u3j4 #CRE #CommercialRealEstate #RealEstateInvesting #Election2024 #MarketInsights #InvestmentTrends #PropertyManagement #RealEstateNews #FriedmanRealEstate

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This week’s top 5️⃣ #CRE stories feature a surge in office-to-multifamily conversions and a 91% expectation of increased Q4 transaction volume. Plus, insights from experts on how data-driven strategies are key in today's differentiated market. Get the latest insights on market trends and industry updates shaping CRE's future. Read Blog: https://lnkd.in/eaGWfSmg #CREInsights #MarketTrends #commercialrealestate

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Navigating the changing landscape of commercial real estate is crucial for staying competitive. In light of recent insights from REJournals' article on the "Great Reset" in CRE, we at Reitrades are more committed than ever to providing an innovative platform that is reshaping how commercial real estate investors purchase and sell mid-market and institutional assets. Understanding the industry's current state and future trajectory is essential. Reitrades empowers sellers to take control of their sales process, leveraging our expansive network of accredited buyers to maximize their property's potential. This proactive approach aligns with the industry's shift towards more efficient and strategic transactions. #CRE #CommercialRealEstate #RealEstateInvestment #CREInnovation #RealEstateTrends #InvestmentSales #Reitrades #CREtech #RealEstateDeals #PropertyInvestment #AssetManagement #DigitalRealEstate #RealEstateMarket #CREnews #IndustryInsights

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Demand for #multifamily has pushed absorption to one of its highest points in 24 years. In the first and second quarters of 2024 alone, 257,000 units were absorbed – "essentially in line with the all-time high set in the pandemic-era demand swell which saw about 270,000 units absorbed in the first half of 2021," according to a recent report from RealPage Market Analytics. Click here to read more from GlobeSt.com: https://lnkd.in/gvXHxwUg

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