“Evictions at all time high”…. Does that really surprise anyone? Certainly not people who are in management or ownership of multi-family properties. Apartment properties and their Owners have lost $Millions due to non-payment of rent over the past five years (Millions). And the true impact is double-fold on Landlords with the tremendous rise in the expense of operating an Apartment…

“Amazon announces another round of “AI layoffs”. Especially tough on Seattle and even Bellevue which are getting hardest hit. Both Amazon and Microsoft are consolidating more and more of their employees to Redmond WA, which is becoming THE tech “hot spot” in our area.“ Amazon.com Inc. (Nasdaq: AMZN) could lay off thousands more corporate employees next week, according to multiple reports…

“Just as predicted, it’s now happening. Not a big surprise.  With expensive land cost and higher permit and preconstruction costs, increase material cost and higher interest rates, this was the perfect formula for a slowdown for multifamily.” U.S. multifamily construction starts dropped sharply in May as the industry copes with economic and tariff uncertainty, as well as elevated interest rates.…