Highlights: The Albuquerque multifamily market closed 2018 on an upswing, with rents posting their strongest increase in years and sales activity elevated. An improving labor market is fueling the market. Asking rents rose 2.2 percent in the fourth quarter and… Continue Reading
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Jeffrey Weidell, president of NorthMarq, recognizes there is still plenty of money out there to sustain activity levels in 2019. He also recognizes, however, that lenders are becoming prudent in this extra-long real estate cycle. This has caused borrowers to… Continue Reading
Borrowers can expect to see continued strong liquidity for commercial and multifamily properties in 2019 as lenders across the capital spectrum look to invest more dollars than they did in 2018. The market volatility at the end of 2018 that… Continue Reading
John Reed, senior vice president/managing director of NorthMarq’s Omaha-based regional office, was featured in a video interview produced by Multi-Housing News during the recently held MBA CREF 2019 conference in San Diego. During the conversation, Reed discussed what investors should… Continue Reading
Jan McDermott in our New York office celebrates 20 years with the company this week. Thanks for being part of the team, Jan!
Highlights The Kansas City multifamily market recorded mixed performance during the fourth quarter and for the full year of 2018. Vacancy inched higher, but rents posted strong gains and absorption was healthy. Apartment builders were active, creating some supply-side pressures… Continue Reading