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Research

Austin Q3 Multifamily Market Report: Business Attraction Continues, Setting the Stage for Future Renter Demand

12/ 22/ 2020

Highlights: The Austin multifamily market has held up reasonably well in 2020, although some of the effects of accelerating supply growth and the moderating pace of new demand began to emerge during the third quarter. Demand should gain momentum in… Continue Reading

Research

Atlanta Q3 Multifamily Market Report: Sales Activity Regained Momentum in the Third Quarter

12/ 22/ 2020

Highlights: Operating conditions for Atlanta multifamily properties cooled slightly during the third quarter, but steady additions to the local labor market should provide stability in the market going forward. Vacancy ended the third quarter at 5.3 percent, 40 basis points… Continue Reading

Research

Richmond-Hampton Roads Q3 Multifamily Market Report: Transaction Activity Picks Up During Third Quarter

12/ 21/ 2020

Highlights: The Richmond-Hampton Roads, Virginia, market continues to record robust renter demand for apartments. Despite some economic volatility during the second quarter, current vacancies and rents are within recent ranges. Rent collections to this point have been consistent, closely tracking… Continue Reading

Research

Los Angeles Q3 Multifamily Market Report: Despite Rent Dip, More Properties Trade at Higher Prices

12/ 21/ 2020

Highlights: The Los Angeles multifamily market recorded mixed performance during the third quarter. Vacancy ticked higher but remained low and consistent with recent levels. While vacancy is fairly tight, rents posted a sharp decline with the most expensive submarkets generally… Continue Reading

Research

San Antonio Q3 Multifamily Market Report: Apartment Developers Active, but Rents Remain Stable

12/ 18/ 2020

Highlights: The San Antonio multifamily market posted mostly steady performance during the third quarter. Developers brought a wave of new units to the market, but the additional supply should be absorbed over a period of a few quarters. Vacancy ticked… Continue Reading

Research

Dallas-Fort Worth Q3 Multifamily Market Report: Absorption Strengthens as Conditions Return to Normal

12/ 9/ 2020

Highlights: The Dallas-Fort Worth multifamily market posted strong performance during the third quarter. Absorption totaled nearly 10,000 units in the past three months alone, driving the local vacancy rate lower. The market should gain additional traction as the pace of… Continue Reading

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Patrick S. Minea

Executive Vice President - Regional Managing Director

Minneapolis

NorthMarq Capital

3500 American Blvd West

Suite 500

Minneapolis, MN 55431

pminea@NorthMarq.com

Phone: 952-356-0111

Fax: 952-356-0097

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Jeffrey Erxleben

Executive Vice President - Regional Managing Director

Dallas

NorthMarq Capital

8300 Douglas Avenue

Suite 650

Dallas, TX 75225-5603

jerxleben@NorthMarq.com

Phone: 972-455-1934

Fax: 972-392-3367

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