• Just one major U.S. employment sector has grown every year since 1940: Education & Health Services (Eds & Meds).
  • Eds & Meds’ influence on commercial real estate is broadening and deepening, but its clearest impact can be observed in the multifamily and retail markets.
  • More than just a source of growth, CBRE’s research reveals that Eds & Meds’ greater benefit to multifamily and retail markets is its ability to soften market volatility.
  • Focusing on the 2007-2009 recession, we observe a convincing relationship between a metro’s concentration of Eds & Meds and fluctuation in its average multifamily and retail rents.
  • As technology infiltrates the Eds & Meds sector, expect the strongest, most sought after hospitals and universities and their respective metro areas to benefit, but there are rising stars as well.