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Sell-off Watch, Ad-vantaged, Cyber Pains & Gains 8/10/23

The Exchange

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The Rise of Rents in the U.S.

The Wall Street Journal says apartment buildings could be the next major pain point in commercial real estate. Rents are still up 8% from a year ago, and in Manhattan they're hitting a fresh record high. Brokers say we can expect another month of records in August then maybe a flattening out or even decline in the fall.

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