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Black Friday Signals Return of In-Person Shopping
November Apartment Rents Drop 0.4% as Seasonal Trends Take Hold
Dune & TF Cornerstone Launch $1B Office-to-Resi JV
Largest US Apt Owner Invests in Modular Homes
The Newsletter

06 Jul

Good morning. Welcome back to CRE Daily!

RISING STAR

Black Friday Signals Return of In-Person Shopping

According to the National Retail Federation (NRF), 126 million Americans shopped in stores over Thanksgiving weekend, marking a shift back to in-person retail.

THE TAKEAWAY

November Apartment Rents Drop 0.4% as Seasonal Trends Take Hold

National apartment occupancy remained at 94.8% in November, near historical norms.

THE TAKEAWAY

Dune & TF Cornerstone Launch $1B Office-to-Resi JV

Dune Real Estate Partners and TF Cornerstone launched the $1B Alta Residential JV to target office-to-residential conversions.

THE TAKEAWAY

Largest US Apt Owner Invests in Modular Homes

Greystar launches its first U.S. modular project in Pennsylvania, with six more developments on the way.

THE TAKEAWAY

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