Latest Stories

The 2025 Renter's Market Won't Last, Economists Say
The rental market is experiencing a brief period of relief for tenants, with rising vacancies and slowed rent growth due to a surge in new apartment supply. However, economists warn that this trend is temporary. A slowdown in new construction could lead to tighter conditions in the coming years, potentially driving rents higher as demand continues to outpace supply. (Read More)

Investors Who Shunned the U.S. Office Market Are Coming Back
After years of high vacancies and declining demand, investors are regaining confidence in the office market as companies push for more in-office work. Office occupancy rates are stabilizing, and investors are taking advantage of lower property values, expecting a long-term recovery. While challenges remain, this renewed interest suggests a turning point for the sector. (Read more)

2025 Multifamily Outlook by Freddie Mac
The multifamily sector is facing a surge in new supply, the highest since the 1980s, leading to increased vacancies and slower rent growth. Interest rates remain a challenge, weighing on property values and investment activity. However, strong demand fundamentals and a persistent housing shortage indicate long-term stability, with multifamily housing expected to remain a strong asset class. (Read More)

Key Terms and Concepts:

• Vacancy Rate - The percentage of unoccupied rental units; higher vacancies can lower rent prices.

• Office Market Rebound - The recovery of office demand as companies push for in-office work, attracting investors.

• Multifamily Supply Surge - A large increase in new apartments, temporarily softening rent growth but maintaining long-term demand.

Local Deal of The Week

Bill Walton & Keith Gelb Of Rockpoint Acquire Uxbridge Distribution Center From Bob Scannell For $120M
The property involved in the transaction is an industrial asset located at 40 Lackey Dam Road, Uxbridge, MA. The sale price of the property was $120,000,000. This industrial facility spans an area of 607,000 square feet and is situated on 70 acres, with a price per square foot of $198. (Read More)

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $120,000,000
• Square Footage: 607,000
• Price per Square Foot: $198
• Address: 40 Lackey Dam Road
• Market: Uxbridge, MA
• Buyer: Bill Walton & Keith Gelb - Rockpoint
• Seller: Bob Scannell - Scannell Properties
• Acres: 70

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