The phrase “corporate landlord” is often used to refer to large corporate entities backed by private equity funds and Real Estate Investment Trusts. In researching corporate home ownership throughout seven municipalities in New Jersey, researchers found that some areas exhibited high and increasing levels of corporate ownership, broadly defined, but most corporate entities owned just a few properties and most of these appeared to be locally based. Further research into these corporate investors in New Jersey will include examining how they vary across geography and housing market type and identifying implications for tenants and prospective homebuyers.
Tariff Uncertainty and its Impact on Economic Forecasting
R/ECON’s next economic forecast is slated for release in mid-summer, followed by another forecast in the fall. As we track the latest state data and national outlook, we (much like everyone else) have been closely following the news on tariffs, the Fed’s potential...