Please wait while the page loads...

Blogs

Pages Blogs
$38B in Peril as US Office Buildings Face Historic Defaults - MikeLembeck.com, Orange County Multifamily Broker, Apartments, 1031 Exchanges

$38B in Peril as US Office Buildings Face Historic Defaults

The U.S. office market is experiencing turmoil as over $38B of office buildings are at risk of loan defaults, foreclosures, or distress, the highest level since 2012. Mounting default...

Read More
Inflation and the Fed Tell Only Part of the Economic Story - MikeLembeck.com, Orange County Multifamily Broker, Apartments, 1031 Exchanges

Inflation and the Fed Tell Only Part of the Economic Story

Every time inflation rates increase or the Federal Reserve indicates that its “Higher for Longer” interest rate strategy will likely stay in place, there seems to be panic in the streets. ...

Read More
Almost Everyone Looks at Inflation Wrong - MikeLembeck.com, Orange County Multifamily Broker, Apartments, 1031 Exchanges

Almost Everyone Looks at Inflation Wrong

The important shelter component has some questionable definitions and runs out of sync, making things look worse than they are. “Inflation came in hotter than expected.” It’s proba...

Read More
Multifamily Deal Volume Drops 25% - MikeLembeck.com, Orange County Multifamily Broker, Apartments, 1031 Exchanges

Multifamily Deal Volume Drops 25%

Apartment sales fell for the seventh straight quarter in Q1, dropping 25% year over year to $20.6 billion, according to a report that data firm MSCI Real Assets shared with Multifamily Dive. The Re...

Read More
There's No Reason to Panic About Multifamily - MikeLembeck.com, Orange County Multifamily Broker, Apartments, 1031 Exchanges

There's No Reason to Panic About Multifamily

Vacancy is up, values are going down, but long-term demographics are great. The keynote speaker at GlobeSt.com’s Spring Multifamily conference, held this week at the Lighthouse on Pier 61 in Ma...

Read More
Commercial Foreclosures Up 117% Year Over Year - MikeLembeck.com, Orange County Multifamily Broker, Apartments, 1031 Exchanges

Commercial Foreclosures Up 117% Year Over Year

ATTOM's March report also shows a 6% increase from last month. The number of commercial foreclosures in the U.S. has steadily increased, from a low of 141 in May 2020 to 625 in March 2024, according ...

Read More
The Fed Backpedals the Rate Cut Happy Talk - MikeLembeck.com, Orange County Multifamily Broker, Apartments, 1031 Exchanges

The Fed Backpedals the Rate Cut Happy Talk

Recent economic developments have clashed with the idea of unstopped success in taming inflation and, as a result, lower interest rates. Just weeks ago, the Federal Reserve sounded more upbeat than...

Read More
Higher For Longer Is Official Now - MikeLembeck.com, Orange County Multifamily Broker, Apartments, 1031 Exchanges

Higher For Longer Is Official Now

“The recent data have clearly not given us greater confidence." The good news is that the Fed is apparently not considering raising rates as some have feared. The bad news is that it is in no h...

Read More
Half of US Residents Struggle to Pay Monthly Housing Bill - MikeLembeck.com, Orange County Multifamily Broker, Apartments, 1031 Exchanges

Half of US Residents Struggle to Pay Monthly Housing Bill

Housing has become so financially burdensome that some families can no longer afford other essentials What does it take to keep a roof over your head right now? For half of America’s homeowners...

Read More
Some Experts Float the Possibility That the Fed Could Raise Rates Again - MikeLembeck.com, Orange County Multifamily Broker, Apartments, 1031 Exchanges

Some Experts Float the Possibility That the Fed Could Raise Rates Again

“You have to take seriously the possibility that the next rate move will be upwards rather than downwards.” Yesterday’s Consumer Price Index numbers were higher than expected, ...

Read More