Among the 10 biggest bond referendums, which total about $17 billion, many would fund upgrades to schools like safety improvements, expansions or modernizations. San Diego voters will weigh a $3.2 billion bond for the school district, the second-largest measure voters will consider this year. If approved, some proceeds would finance the construction of teacher and workforce housing.
Americans’ rent-to-income ratios have been pushing past the recommended 30 or under percent, reports Multifamily Dive. Prologis is predicting a normalization in leasing rates for industrial real estate next year. These are among today’s must reads from around the commercial real estate industry.