Yardi Matrix
Where Are Transactions Moderating?
Supply has remained in check throughout the recovery, and overall fundamentals remain steady, although slowing deal flow may persist for some property types, according to Yardi Matrix’s Chris Nebenzahl.
Heavy Supply Continues to Compress Self Storage Rents
Although metros on the West maintained rent growth, on a national level, street-rate rents have dropped 4.8 percent over the past 12 months.
New Guidelines Heighten Interest in Opportunity Zones
Yardi Matrix’s Paul Fiorilla describes the challenges that managers should anticipate while they attempt to raise more than $25 billion to invest in the economic development tool.
Navigating the New Opportunity Zones
Initial reviews of the federal Opportunity Zones Program suggest that it presents attractive incentives to infuse capital into underinvested areas. Do those opportunities outweigh the new initiative’s challenges?
Oversupplied Self-Storage Markets Face Further Rent Decline
Street-rate rents have dropped 4.1 percent across the U.S. Metros on the west, however, continued to elevate as supply lags demand.
Crossborder Capital Flows in US Real Estate Markets
Chris Nebenzahl of Yardi Matrix offers an analysis of what’s driving increased competition for deals among offshore capital providers.
Slow Absorption Hinders Self Storage Rent Growth
Although metros in the Desert Southwest maintained rent growth, street-rate rents continued to decline, at 3.3 percent across the country. The new-supply pipeline, however, reached peak levels.
Self Storage Rents Still Down Year-Over-Year
Despite robust growth in western markets, street-rate rents dropped 3 percent nationally as of June 2018.
Strong Supply Takes Toll on Self Storage Rent Growth
Accelerated construction has dampened growth across the U.S. during the past couple of quarters, with rates declining in several large markets. Nonetheless, a number of key metros continue to offer development opportunities.
Stability Encumbers CMBS Market
Forged out of crisis and sharpened during a cycle of frenetic activity, the CMBS market is struggling to adjust to a period of relative calm, observes Yardi Matrix Associate Director of Research Paul Fiorilla.