As the GSEs enter the second half of 2021, pricing continues to tighten, with popular programs coming back, and Covid-reserves fading away. The agencies are preparing for new leadership from acting director of the Federal Housing Finance Agency, Sandra L…. Continue Reading
Highlights: A surge in demand and a lack of available supply resulted in a record-setting period of rent growth in the Phoenix multifamilymarket in the second quarter. Demand was fueled by a surging local labor market and in-migration from neighboring… Continue Reading
New capital continues to pour into this new, exploding space, and more financing options are available Build-to-rent is one of the fastest-growing asset classes in the U.S. rental housing market. The surging demand for single-family rental homes is creating new… Continue Reading
SAN FRANCISCO, CALIFORNIA (July 20, 2021) – Cody Field, an eight-year debt/equity professional specializing in securing multifamily debt/equity placements, joined NorthMarq as a senior vice president based in NorthMarq’s San Francisco office. During his career, he has originated more than… Continue Reading
Highlights: The Tampa multifamily market started 2021 in a strong position. Absorption accelerated, vacancy tightened, and rents recorded significant gains. Vacancy for area apartments declined 60 basis points during the first quarter, reaching 4.7 percent. The rate closely tracks long-term… Continue Reading
PHOENIX, ARIZONA (July 14, 2021) – NorthMarq’s Phoenix investment sales team of Trevor Koskovich, Bill Hahn, Jesse Hudson, and Ryan Boyle ended the second quarter of 2021 closing 15 unique multifamily transactions with a combined sales volume of $419,715,000. Additionally,… Continue Reading
