Jeffrey Weidell to become CEO, succeeding Eduardo Padilla MINNEAPOLIS, MINNESOTA (OCTOBER 15, 2019) – As NorthMarq continues its growth as the largest privately held commercial real estate capital markets firm, President Jeffrey Weidell will become CEO on January 1, 2020,… Continue Reading
Highlights: Apartment property performance in Albuquerque strengthened during the second quarter. With competition from new supply limited, vacancy dropped and rents rose. The vacancy rate fell 60 basis points from the first quarter to the second quarter, dipping to 4.1… Continue Reading
Highlights: The Las Vegas multifamily market fared well in the first half of the year. Vacancy was flat and rents rose at a steady pace. New construction was limited after a very active past two years. Vacancy in Las Vegas… Continue Reading
September proved to be a fairly quiet month as it relates to significant market moves or economic announcements. During the month, long-term Treasury yields were relatively steady with the 10-year yield rising 12 basis points from 1.50% to 1.62%. As… Continue Reading
Jeff Erxleben contributed his expertise to National Real Estate Investor’s article titled “CRE lenders try to hold on to underwriting discipline to avoid future refi risk.” The story notes how the drop in interest rates has been great news for… Continue Reading
The state of office financing in the Denver market Lease rates continue to go higher, the speculative office development increases and overall office vacancy continued to decrease in the first half of 2019. Record unemployment below the national average, along… Continue Reading
