Building Wealth through Intelligent Investing
Kingsbarn Realty Capital is a leading national investment manager providing real estate securities to institutional and accredited investors.
REAL ESTATE NEWS

With a Light Jobs Report, How Big a Rate Cut Will the Fed Do?

Sep 6, 2024 - The Fed will consider several factors about this report....


CRE Delinquencies Accelerate As Industry Waits for Rate Relief

Sep 6, 2024 - The overall delinquency ratio for CRE loans has reached 1.450%....


Fed Beige Book Reveals a Slowing Economy

Sep 6, 2024 - Commercial real estate activity has been mixed across the districts....


Iconic San Diego Office Tower Trades at 70% Discount

Sep 6, 2024 - Irvine Company's sale of 34-story Symphony Towers sets new benchmark....


Housing Risk Is Most Concentrated in These Three States

Sep 6, 2024 - The housing market is gaining momentum but some cities show signs of instability....


Demand for Multifamily Deals on the Rise

Sep 6, 2024 - Low supply in a key market is helping the recovery....


Single-Family Housing Trends Could Boost CRE Outlook

Sep 6, 2024 - Lower rates could spur household formation that will impact the retail and industrial sectors....


Multifamily Demand Rose 102% in Q2

Sep 6, 2024 - New deliveries, though, continue to accelerate....


Apartment Rent Growth Stabilizes in Sun Belt Markets Amid Insatiable Demand

Sep 6, 2024 - A slowdown in new construction bodes well for apartment investors....


Newmark Exec Discusses Multifamily Finance Strategies Amid Uncertainty and Rate Changes

Sep 5, 2024 - Mitchell Clarfield of Newmark is seeing some activity in multifamily....


TruAmerica Continues Sunbelt Activity with $147M Asset Recapitalizations

Sep 5, 2024 - One property will get a "resort-style living environment" feel....


Koto Estates Buys LA Luxury Multifamily for $72M

Sep 5, 2024 - The property recently executed a $16.5 million renovation....


Global Net Lease Reaches Disposition Goal One Year Post-Merger

Sep 5, 2024 - The REIT has closed more than $854 million in sales, as of Aug. 31....


Big Maturity Wall in 2025? Wait Until You See the $5.5T Through 2028

Sep 5, 2024 - There is an ongoing maturity wall of more than $1 trillion through at least 2028....


BH Properties Enters San Diego With Mixed-Use Buy

Sep 5, 2024 - L.A. firm on acquisitions binge grabs office-retail complex at discount....


FEATURED PROJECT

THE MARLETTE

MULTIFAMILY DEVELOPMENT   |   CARSON CITY, NV   |   140 APARTMENTS
COMPLETED MAY 2024

The Marlette is a luxury 140-unit multifamily project located in Carson City, NV within a Qualified Opportunity Zone (QOZ). The project will create much needed housing to a supply constrained market. The location offers tenants easy highway access, proximity to major employment centers and schools, and direct access to all the amenities of the Sierra Nevada. Community amenities include a clubhouse, pool, spa, playground, dog park, and significant manicured open space.

WEEK AHEAD
The Federal Reserve's anticipated interest rate decision on Wednesday is expected to dominate market sentiment, with many investors predicting a rate cut. Major companies, particularly in the tech sector, such as Nvidia, are set to report their earnings, which could significantly influence market movements. Economic data releases, including the final purchasing managers' indexes (PMI) for August, will provide further insights into the economy's health. The market is poised for a potentially volatile week as it digests these critical developments.

CAPITAL MARKET INDICES
FED Prime Rate:
8.500%
FED Funds:
5.500%
5 Yr. Treas:
3.501%
7 Yr. Treas:
3.595%
10 Yr. Treas:
3.702%
Last Update: Saturday, September 7, 2024



DATA DECK FOR Sep 2 - Sep 6
DATE REPORT IMPACT FORECAST PREVIOUS
Sep 2 Bank Holiday Holiday
Sep 3 Final Manufacturing PMI Low 48.1 48.0
Sep 3 ISM Manufacturing PMI High 47.5 46.8
Sep 3 ISM Manufacturing Prices Medium 52.1 52.9
Sep 3 Construction Spending m/m Low 0.1% -0.3%
Sep 3 RCM/TIPP Economic Optimism Low 46.2 44.5
Sep 4 Trade Balance Low -78.8B -73.1B
Sep 4 JOLTS Job Openings High 8.09M 8.18M
Sep 4 Factory Orders m/m Low 4.6% -3.3%
Sep 4 Wards Total Vehicle Sales Low 15.4M 15.8M
Sep 5 Challenger Job Cuts y/y Low 9.2%
Sep 5 ADP Non-Farm Employment Change High 141K 122K
Sep 5 Unemployment Claims High 231K 231K
Sep 5 Revised Nonfarm Productivity q/q Low 2.4% 2.3%
Sep 5 Revised Unit Labor Costs q/q Low 0.8% 0.9%
Sep 5 Final Services PMI Medium 55.0 55.2
Sep 5 ISM Services PMI High 51.1 51.4
Sep 5 Natural Gas Storage Low 35B
Sep 5 Crude Oil Inventories Low -0.8M
Sep 6 Average Hourly Earnings m/m High 0.3% 0.2%
Sep 6 Non-Farm Employment Change High 164K 114K
Sep 6 Unemployment Rate High 4.2% 4.3%