Why Utah's Real Estate Market Is Booming
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Get the inside scoop on Utah’s booming real estate market with our latest episode of Peaks and Portfolios. Join us as we welcome Kip Paul, Michael King, and JT Redd from Cushman & Wakefield, who bring their expert insights into the rapid growth and investment opportunities along the Wasatch Front and beyond. Learn why Utah consistently ranks as the best overall state in the U.S. and how its population growth and strong performance metrics create a compelling environment for commercial real estate. Our guests delve into the surprising resilience of Utah’s office market amidst national downturns, attributed to cultural shifts and the migration of companies and workers to the Western states. Explore significant growth areas like Salt Lake City's downtown and granary markets, with a record delivery of new units and promising opportunities for developers. Finally, from the undersupply of hotel developments to the conversion of hotels into multifamily units, we examine the shifting landscape of Utah's hospitality sector.
Chapter
1. Utah's Growing Real Estate Market (00:00:00)
2. Adapting to Changing Real Estate Trends (00:08:25)
3. Utah Real Estate Market Trends (00:18:15)
4. Utah Real Estate Market Resilience (00:30:32)
5. Investing in Utah Real Estate Market (00:35:11)
11 episode