Property owners are offering cash gifts, free rent, and other incentives to draw tenants and build confidence.
As shortages persist, some builders are asking owners to move into incomplete homes.
Adam Neumann has bought majority stakes in more than 4,000 apartments over the past year, hoping to attract young professionals as tenants.
Costs have tripled in the past four months, adding more than $18,600 to the price of a new home.
The nation’s outdated or empty offices could be ripe for residential conversion.
Strong investment acquisitions in 2021 puts the commercial market on pace for sustained demand in 2022, NAR says.
A growing number of investors seem less deterred by high prices, jumping on opportunities from demand for rentals.
“Power shopping centers” and neighborhood stores are seeing strong demand, according to NAR data.
About 730,000 retail, office, and multiunit residential properties could incur $13.5 billion in damages next year.
Offices of the future may not center around a corporate headquarters.
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