Research

Our research methodology integrates historical and current economic, demographic and real estate factors which enables our Research Services department to develop comprehensive market forecast scenarios.

CNBC – Why The Market Has Misjudged CRE

CNBC Features Marcus & Millichap CEO Hessam Nadji Why The Market Has Misjudged Commercial Real Estate Which Property Sectors Are Outperforming Expectations? Are all office properties in distress? How retail properties have become among the most favored by investors. The forces driving the apartment and industrial sectors, and why their strength is sustainable.

Research Brief: Employment – December 2023

Non-cyclical and strike-impacted sectors log modest job creation. Last month welcomed 199,000 new positions as the labor market continued to exhibit resilience. Still, November’s headline number fell a fair bit below the trailing 12-month average of 240,000 roles as hiring velocity slows. While the overall growth eased back, hiring was still aggressive in non-cyclical sectors like health care and government, as well as in industries affected by…

2023 YEAR IN REVIEW

What a prospective soft-landing in 2024 would mean for investors The counter-intuitive opportunities awaiting investors How the economic forces of 2023 will shape the CRE landscape of 2024

RETAIL, OFFICE, AND HOTEL FUNDAMENTALS UPDATE

Hidden gems: Outperforming office segments that no one talks about Why retail properties are emerging as a top investment option Could hotel properties be delivering their best performance result ever?

3Q CRE UPDATE; PERFORMANCE TRENDS TO WATCH

How investors can navigate development risks facing industrial, multifamily and storage properties Can local fundamentals vary from the broader trends? What are the key factors that investors should monitor in their local markets?

HOLIDAY RETAIL SALES OUTLOOK

The forces supporting the holiday sales outlook Will holiday sales affect the CRE market? What factors or events could potentially disrupt positive momentum?

IMPACT OF TIGHTENED LENDING ON CRE

Why banks are tightening their lending standards The 4 factors that need to align for banks to loosen their standards How investors are funding investments in the tighter lending climate

Research Brief: Employment – November 2023

Unemployment inches up in October amid modest job creation. The tight labor market loosened slightly in October as 150,000 positions were created, the second-slowest month for hiring since the end of 2020. Additions were greatest in the health care and public sectors, with the onboarding of 58,000 and 51,000 personnel on net, respectively. Government job creation was largely in…

IMPLICATIONS OF THE NOVEMBER FED MEETING

What are the implications of the Fed holding rates flat in November? What factors are contributing to the increase in the 10-year treasury rate? How should investors balance short-term concerns with the long-term outlook?

HOW DOES THE HOUSING MARKET IMPACT CRE?

Rising mortgage rates dampen home sales and weigh on housing affordability Slowing home sales weigh on economy and numerous CRE property types How rising home prices bolster the multifamily outlook