Multifamily / Page 16

Redeveloping Bix Bog Retailers into Housing Big box retailers once dominated the retail market, boasting some of the most successful and largest retail brands in the U.S. Now, in 2023, millions of square feet lay empty, accepting defeat after a decade of dwindling sales, bankruptcies, and rapid store closures. But investors are jumping at the […]

Orange County Multifamily Market Report Market Overview Orange County’s multifamily market shines with its historically low apartment vacancy rates. Although there was a temporary decline in occupancy, the market is now witnessing a rebound in demand. The recent completion of new apartment buildings, particularly in areas like Irvine, has expanded housing options for high-income renters, […]

The Multifamily Landscape The multifamily sector has experienced significant shifts and challenges in today’s ever-changing economic landscape. Although the industry thrived in 2021 and through the majority of 2022, slowing rent growth and higher debt costs nationwide have been significant obstacles in 2023. From economic fluctuations to changing demographics, multifamily property owners and investors must […]

New York Multifamily Market Report Market Overview A significant number of New York renters are currently competing for a limited amount of units. The vacancy rate is near historic lows and is one of the tightest among U.S. markets. However, it is essential to acknowledge that the absorption numbers have decreased in recent quarters compared […]

Why Exchange from Apartments to NNN Assets? Multifamily assets are an excellent investment, reigning as one of the best-performing sectors in commercial real estate. Apartments are incredibly liquid, with year-over-year sales reaching $130B in Q3 2023, according to CoStar data. However, for multifamily owners, it can be expensive, labor-intensive, challenging to navigate local policies, and […]

Atlanta, GA Multifamily Market Report Market Overview The current state of Atlanta’s multifamily market reflects a significant deceleration in absorption and a slowdown in rent growth. Inflationary pressures have had a pronounced impact on leasing activity, particularly in Class C properties. In terms of sales volume, Atlanta multifamily recorded $8.3 billion over the past 12 […]

Building Business and Relationships: Cameron Hooper’s Strategies for CRE Success #1 – Why did you choose commercial real estate as your career, and what made you pick multifamily as your specialty? Being a stock broker for a number of years and building up a successful business, I always had the desire to own/start something, and […]

Commercial Real Estate Outlook A year of bank closures, rising interest rates, unrelenting Fed rate hikes, moderating rent growth, and transaction declines have made quite the uphill battle for commercial real estate. These market disturbances have amplified economic uncertainty and led several investors and owners to wonder what will happen next. However, several CRE sectors […]

Chicago, IL Multifamily Market Report Market Overview Chicago’s multifamily market is a dynamic and robust sector that continues to show promising signs. While certain regions across the country are experiencing slowing rent growth and a decline in absorption, the Chicago multifamily market has remained stable. This positive trend is expected to persist in the present […]