Highlights: The Las Vegas multifamily market strengthened during the fourth quarter. Vacancy tightened late in the year, while the investment market gained momentum throughout 2019. Vacancy dipped 30 basis points in the fourth quarter, falling to 4.1 percent. The rate… Continue Reading
Joseph Burke, executive vice president/senior managing director of NorthMarq’s Baltimore office, received the Mid Atlantic Real Estate Journal accolade of 2019 Top Financial Deal of the Year. Burke arranged financing of $129 million for an industrial portfolio located in the… Continue Reading
Highlights: The Atlanta multifamily market had a strong year in 2019, and conditions were on an upswing in the fourth quarter. Renter demand is elevated, and developers are building new units to meet the demand in the market. Vacancy dipped… Continue Reading
How Can Developers Access Capital While Minimizing Risk? Structured Finance The Twin Cities of Minneapolis and St. Paul continue to be a very attractive marketplace for multifamily investing due to an average vacancy across the metro of 3.1 percent, as… Continue Reading
MINNEAPOLIS, MINNESOTA (March 16, 2020) – Chief Operating Officer Mike Myers will retire at the end of March after 33 years leading NorthMarq’s administrative and loan servicing functions. Myers’ duties transitioned to Travis Krueger, the company’s chief administrative officer, during… Continue Reading
Pat Minea, executive vice president/regional managing director, led the Minneapolis NAIOP capital markets update on March 11 at the Golden Valley Country Club in Golden Valley, Minnesota. The session was titled, “Lender and investor appetite for commercial real estate continues… Continue Reading
