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U.S. Cities Face a $1 Trillion Infrastructure Problem
NYC Rents Jump 6.2% as Freeze Decision Nears
Landlords Seek $1.5B Payback for Pandemic Eviction Ban
Multifamily Vacancy Stabilizes, but Rent Growth Remains Under Pressure
The Newsletter

06 Jul

Good morning. Welcome back to CRE Daily!

RISING STAR

U.S. Cities Face a $1 Trillion Infrastructure Problem
U.S. Cities Face a $1 Trillion Infrastructure Problem

Older cities face growing infrastructure burdens as deferred maintenance costs top $1 trillion nationwide.

THE TAKEAWAY

NYC Rents Jump 6.2% as Freeze Decision Nears
NYC Rents Jump 6.2% as Freeze Decision Nears

Smaller units drive rent growth, while a proposed freeze could lock tenants in place.

THE TAKEAWAY

Landlords Seek $1.5B Payback for Pandemic Eviction Ban
Landlords Seek $1.5B Payback for Pandemic Eviction Ban

Property owners say eviction freezes left them footing the bill.

THE TAKEAWAY

Multifamily Vacancy Stabilizes, but Rent Growth Remains Under Pressure
Multifamily Vacancy Stabilizes, but Rent Growth Remains Under Pressure

Multifamily vacancy is beginning to stabilize, but elevated supply continues to weigh on rent growth across major U.S. markets.

THE TAKEAWAY

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