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San Francisco’s Big Bet on Turning Empty Offices Into Homes
Warfield Building at 988 Market Street, San Francisco, CA A Downtown of Vacant Offices and Pricey Housing San Francisco’s downtown has been caught in a paradox: gleaming office towers sit half-empty while the city suffers a notorious housing shortage. The pandemic emptied out many high-rises as remote work took hold, pushing the office vacancy rate to record heights – nearly one-third of office space sat unused at the peak. By late 2025, about 42 million square feet of San
3 days ago14 min read


Florida’s Live Local Act: Implications for Developers, Lenders, and Investors
Today’s real estate landscape in Florida has been reshaped by the Live Local Act (Senate Bill 102 of 2023) – a sweeping affordable housing law that preempts local zoning to encourage multifamily development. Background and Objectives of the Live Local Act Florida’s Live Local Act was signed into law in 2023 amid a statewide housing affordability crisis. With broad bipartisan support, the Act aims to spur the production of affordable and workforce housing by removing local r
Oct 29, 202535 min read


Student and Senior Housing: Program Right-Sizing and Services Mix Economics
Introduction Student housing and senior housing represent two distinct niches in real estate, yet they share a common challenge: how to “right-size” the program of facilities and services to balance market appeal and economic feasibility. Over-amenitize a property and you risk bloated costs that erode returns; under-program it and you may fall behind competitors or fail to meet tenant expectations. This report takes a deep dive into program right-sizing and services mix econ
Oct 28, 202525 min read


Multifamily Underwriting: Bridging the Gap Between Stabilized and In-Place Performance
Introduction Lenders financing multifamily properties today face a complex environment of record supply, shifting rents, and evolving tenant behaviors . Many assets are operating below their theoretical “stabilized” potential due to factors like loss-to-lease (in-place rents trailing market levels) and rent concessions offered to attract or retain tenants. These gaps between stabilized expectations and in-place reality can materially impact Net Operating Income (NOI) , debt
Oct 21, 202519 min read


Analysis of Blackstone CRE Portfolio
Executive Summary Scale & Market Position: Blackstone Inc. (NYSE: BX) is the world’s largest owner of commercial real estate, with a global portfolio value exceeding $600 billion and over 12,000 properties owned . Its real estate arm manages $339 billion of investor capital and benefits from Blackstone’s total $1.21 trillion in assets under management. This unparalleled scale provides diversification and access to capital, making Blackstone a bellwether in the CRE market.
Oct 15, 202537 min read


Apartment & Condominium Construction in the U.S. – 2025 Industry Analysis
2025 Industry Performance Overview The U.S. apartment and condominium construction industry has experienced mixed performance in 2025 amid shifting economic conditions. After strong growth during the pandemic-era housing boom (fueled by low interest rates), rising interest rates in 2022–2023 caused a noticeable slowdown in multifamily construction. Many contractors delayed or canceled projects as the Federal Reserve’s rate hikes drove up financing costs and mortgage rates, wh
Oct 3, 202537 min read


Bay Area Real Estate Sales (2024–2025): Trends, Highlights, and Market Context
3500 Edison St, San Mateo, CA 94403 - Hillsdale Garden Apartments Introduction Over the past year (approximately August 2024 through...
Aug 20, 202538 min read


Canada Multi-Family Market Report Outlook (2025 to 2030)
Executive Summary National Rebalancing: Canada’s multi-family housing sector is transitioning from an overheated post-pandemic boom...
Aug 6, 202540 min read


Omaha’s Job Growth Fuels Multi-Family Housing Market Resilience
165 Unit Complex - 210 S 16th St - The Brandeis, Omaha, Nebraska - Built in 1907, renovated 2009 Introduction Omaha, Nebraska is...
Jun 29, 202514 min read


San Francisco Real Estate Recovery in Mid-2025: Sector Insights and Policy Shifts
San Francisco’s real estate landscape is navigating a pivotal phase in mid-2025. After several turbulent years, the market is showing...
Jun 25, 202522 min read


2959 Northern Blvd (“Sven”) – Acquisition/Financial Case Study (Long Island City, NYC)
2959 Northern Blvd - Sven, Long Island City, NY 1101 In this case study, we analyze 2959 Northern Blvd (“Sven”)—an interesting 70‑story...
Jun 16, 202512 min read


Stockton Student Housing vs. Multi-Family Market: An Investor Analysis
844 Dave Brubeck Way, Stockton, CA - Student Housing Enrollment Surge and Occupancy Dynamics Stockton’s University of the Pacific (UOP) ...
Jun 12, 202510 min read


3Eleven (311 11th Ave) – Hudson Yards Skyscraper Multifamily Case Study
3Eleven (311 11th Ave) 1. Asset Overview Property Type & Class: 60-story Class A high-rise multifamily tower, delivered in 2023 ...
Jun 3, 202511 min read


Mid-2025 New York Multifamily Market Report: Low Vacancies, Rising Rents, and Strong Demand
88 Regent St - Jersey City, NJ 07302 New York’s multifamily housing market in mid-2025 is marked by record-low vacancy rates and...
Jun 3, 202515 min read


Understanding SBA Loans for Real Estate Projects: A Comprehensive Guide
Small businesses often turn to the U.S. Small Business Administration (SBA) for help financing major projects – especially those...
Jun 2, 202544 min read


U.S. Multi-Family Housing Industry Market Analysis and Outlook (2025-2030)
3093 Broadway - The Broadway, Oakland, CA 94611 Executive Summary The U.S. multifamily sector enters 2025 at an inflection point. After...
May 7, 202519 min read


Charlotte, NC Multifamily Market Outlook (2025–2026)
Charlotte, NC Multifamily Market Outlook (2025–2026) Market Fundamentals (Current Conditions): Charlotte’s apartment market has softened...
Apr 28, 20253 min read


Turning the Corner in U.S. Multifamily: Demand Accelerates as Supply Slows
National Supply and Demand Outlook Turning Point in Vacancy After more than three years of elevated completions outpacing absorption,...
Apr 16, 20254 min read


Atlanta Multifamily Market Insights
Atlanta Multifamily Market Insights: A Consulting Perspective At MMCG , we specialize in guiding investors, developers, and stakeholders...
Apr 15, 20254 min read


Los Angeles Multi-Family Market Trends
1. Rent Trends and Tiered Pricing Los Angeles apartment rents continue on a measured upward trajectory in early 2025, inching up by 0.7% ...
Apr 14, 20252 min read
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