How RealPage influences rent prices across the U.S.

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailRealPage software is used to set rental prices on 4.5 million housing units in the U.S. A series of lawsuits allege that a group of landlords are sharing sensitive...

Home Depot Taking Over Shuttered Jacksonville K-Mart – Connect CRE

Home Depot intends to demolish a former Jacksonville K-Mart that had been there, empty, since 2016 and build a 133,123-square-foot home improvement center that includes a 25,225-square-foot garden center on the 11.5-acre site at 9600 San Jose Blvd. The application...

Concord Summit Secures Refi for Delray Beach Retail Center – Connect CRE

Concord Summit Capital arranged an $18.5 million 5-year fixed-rate loan to refinance the newly rebranded Delray Corner retail center located at 14802 S. Military Trail in Delray Beach, Florida. Concord Summit’s Justin Neelis sourced the CMBS financing on behalf of...

Rental markets are softening, but half of U.S. tenants spend more than they can afford, Harvard report finds

Sneksy | E+ | Getty ImagesRent prices are coming down in some areas, but not at the pace needed to relieve tenants struggling to pay rent.Half of renters in the U.S. spent more than 30% of their income in 2022 on rent and utilities, according to the new...

IMF expects new housing demand in China to drop by around 50% in the next decade

Pictured here is a real estate project under construction in Huai’an, China, on Jan. 21, 2024.Nurphoto | Nurphoto | Getty ImagesBEIJING — Demand for new housing in China is set to drop by around 50% over the next decade, making it harder for Beijing to quickly...