Highlights: The Albuquerque multifamily market continues to strengthen, despite job losses recorded in the second quarter. There could be some modest softening in the second half of the year as the pace of deliveries accelerates. Apartment vacancy in Albuquerque improved… Continue Reading
Highlights: The Los Angeles multifamily market maintained healthy operating performance during the second quarter, even during a period of economic turbulence. Large, mature markets that are less reliant on population growth are generally better positioned to absorb large economic shocks… Continue Reading
Highlights: While each market is dealing with individual challenges brought on by the global pandemic, the Orange County multifamily market has posted relatively steady performance through the first half of 2020. The vacancy rate declined through the first half, while… Continue Reading
Highlights: The San Diego multifamily market continued to post steady performance in the first half of 2020, even with the economic obstacles brought on from COVID-19. Renter demand remains elevated, with absorption nearly matching the pace of new supplygrowth in… Continue Reading
Please note: Today, NorthMarq’s Capital Corner moves to a monthly publication schedule, but continues its coverage of each capital source’s lending appetite and outlook for the coming weeks. As we near the end of the third quarter, we are experiencing… Continue Reading
The gradual re-opening of businesses across the country enabled the economy to register incremental improvement during August; however the pace of improvement appears to be slowing from earlier in the summer while the economic hole caused by the pandemic remains… Continue Reading
