MINNEAPOLIS (JULY 16, 2019) – NorthMarq, a leader in commercial real estate capital markets, announces the expansion of their multifamily investment sales team in Kansas City with the addition of Gabe Tovar. Tovar, an experienced multifamily investment broker, joins Jeff… Continue Reading
Over the past six weeks, expectations for U.S. monetary policy have experienced a significant shift. At the end of May, markets were pricing in a 48% chance of a rate cut at the July 31 Federal Open Market Committee (FOMC)… Continue Reading
Highlights: Conditions strengthened in the Albuquerque multifamily market during the first quarter. Employers continued to expand payrolls, causing vacancy to tighten and allowing rents to rise. The vacancy rate ended the first quarter at 4.7 percent, down 10 basis points… Continue Reading
Highlights: Many of the trends in the Dallas-Fort Worth multifamily market that prevailed in 2018 carried over to the first quarter of this year. Employers accelerated their pace of payroll growth, fueling demand for apartments. Construction of new units remained… Continue Reading
Craig Bjornsund in our New York City office celebrates 35 years with the company this week! He’s known for providing valuable strategic insight, answering questions thoughtfully, and being a stabilizing force in the office. A lifelong hockey enthusiast, he’s an… Continue Reading
Highlights: Multifamily properties in San Diego performed well at the start of 2019. Vacancies tightened during the first quarter and rents rose, even as more than 1,000 new units were added to the local inventory. Vacancy dipped 10 basis points… Continue Reading
