Values of apartments and commercial real estate are down as much as 30-40% from the peak in the middle of 2022. Indicating a widespread crash in the real estate market that could get worse as 2024 progresses.

REVENTURE APP: https://www.reventure.app

This crash is hitting multifamily and apartment landlords especially hard. Multifamily investor values are down 28% from peak according to Green Street with many landlords now being foreclosed on. However, there a large differences in which parts of the US commercial real estate market are getting hit hardest.

With rents and apartment values falling most in hot sunbelt markets like Austin, Atlanta, Nashville, and Houston. Many of these markets are now struggling with surging vacancies and foreclosures.

Meanwhile - the apartment market is holding up stronger in the Midwest and Northeast. Markets such as Louisville, Providence, and Chicago.

The other issues in the commercial real estate sector is office. Office values are now down 37% from their peak with many office buildings in downtown areas now trading for 50%+ discounts from their peak value.
---
Access Exclusive Data and Videos as a Channel Member:    / @reventureconsulting  

DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship.

Image(s) and/or Footage used under license from Shutterstock.com. https://www.shutterstock.com/
Additional stock footage provided by Envato Elements. https://elements.envato.com/