What's going on in your market?!?!?
Thought it would be a nice break from the usual posts to find out what is happening on the front lines across the country. Let us know your specialty (if you have one) and what that asset class is doing. 

In Houston, activity for office is slightly up from last year. Rents remain flat, LL concessions are large. New CBD supply is garnering significant interest/new tenancy. Sublease space is still 3x-4x the normal at 11MM citywide.
[{"id": "dlodhgz", "text": "In San Diego cap rates are at 4-5% for MF, 6% for office, in between those for retail.  Starting to look more inland.", "replies": [], "depth": 1}, {"id": "dlogpu7", "text": "San Francisco, Tenant rep broker here...\nDespite continuous declining leasing activity over the last several quarters, office rents are still through the roof. There's ~14 million sf on the market, and ~6 million more coming on line in the next year. Our market is demand driven, and until the waterfall of VC money into tech dries up, I don't expect rates to soften much...It's all about dodging bullets for budget conscious, or bootstrapped tenants.", "replies": [{"id": "dlpgtvi", "text": "Echoing this. SF has roughly 25% of the nation's total VC backed startups (Silicon valley has ~15%). I'm still skeptical that the new office space being delivered beyond 2018/2019 will continue to demand rents at the current level--I just don't think there will be enough demand from big tech cos (Salesforce, FB, Amazon, Google). Apple is building their massive spaceship on the Peninsula, so couldn't see them coming up to the city anytime soon.   \nI'll add: also tons of sublease space available in SF. Tech hiring is cyclical, so constantly downsizing and growing. ", "replies": [], "depth": 2}], "depth": 1}, {"id": "dlop1ar", "text": "Retail is still pretty strong in the northern submarkets of Houston, although supply is way down. Medical office in the same area is very strong. I'm working with several individual owners on renewing leases then going to market and we expect strong cap rates all things considered. Banks are still throwing money around but they're diligent to make sure it's a good loan. Lots of properties on the market at 100bps lower cap than where they should be. I guess they're fishing for a California exchange buyer. ", "replies": [], "depth": 1}, {"id": "dlot9jc", "text": "Dallas is going crazy on all fronts from what I can tell. Have been looking for a decent cash on cash return property for a while but there's nothing. ", "replies": [{"id": "dlozra2", "text": "How's CBD? Last I heard everyone was moving towards uptown. ", "replies": [{"id": "dlpdbgo", "text": "CBD?", "replies": [{"id": "dlpfgl8", "text": "Central business district ", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "dlpbtxd", "text": "In CO, Denver especially, everything is still hot.  We have cap rates 5.5-6.5% for all asset classes.  \n\nRents are still on the rise.  We are seeing smaller markets see their vacancy drop as Denver is getting filled up.  \n\nWe are seeing local investors look elsewhere across the country to purchase.\n\nI keep hearing that local banks and lenders are pulling back on construction business, but see cranes everywhere I drive.  I do not see any construction business, so that is more foreign to me.", "replies": [], "depth": 1}, {"id": "dlsg9w5", "text": "Edmonton, Canada\n\nOffice vacancy increasing, aside from Class A offices.\n\nBig push recently to revitalize our Downtown, many new high rises getting built, quite a few are purpose built rental. Rental rates are quite stagnant (1150ish for 1br downtown)\n\nI'm just a summer intern at a research company so my knowledge isn't great, but it's what I picked up from the last few months here\n\n", "replies": [], "depth": 1}, {"id": "dmowp8i", "text": "In Phoenix lots of outside investors from California paying cash for 4% cap rate. ", "replies": [], "depth": 1}]