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Multifamily

The Fascination with Multifamily Development

May 2, 2019 |

The multifamily market remains a hot commodity in the world of commercial real estate. Over the last decade, there has been a plethora of multifamily construction taking place across the United States. The attraction of multifamily development is so profound … Read More

Guide To Preparing Your Commercial Property For Spring (Infographic)

March 20, 2019 |

Spring has sprung! Meaning longer days, sunshine, warmth and unfortunately more maintenance work. Winter’s wear and tear may have caused a number of areas that need extra care. We know maintaining your commercial property through the winter months can be … Read More

Volatility in Construction Materials Pricing Is Putting Strain on Multifamily Developers

March 7, 2019 |

Apartment developers continue to be stressed by the unpredictable cost of construction materials.

Overall, materials prices keep rising faster than inflation. But what’s worse is that prices for individual construction materials are unpredictable from month to month. The price of … Read More

CRE Demand Maintains Its Steady Path

March 6, 2019 |

A voracious appetite for commercial real estate demonstrates no signs of lessening as demand exceeded supply growth for retail, apartments and office markets, and was matched in industrial space.

According to market commentary from NAREIT, vacancy rates declined in office … Read More

Detroit apartment rents up 15 percent annually for March

March 6, 2019 |

The median rents for one- and two-bedroom apartments in Detroit were each up at least 15 percent from March 2018 to March 2019, according to a recent report from real estate listings site Zumper.

The report tracked vacant and … Read More

Defying Gravity

March 5, 2019 |

Multifamily has enjoyed a long run as a favored commercial property type over the past decade. And despite of a recent surge in new supply that has taken some of the edge off of enthusiasm, market participants are holding onto … Read More

Out-of-State Buyers Flock to Miami

February 12, 2019 |

A growing list of public officials in high-tax states are expressing alarm that big earners are bolting to low-tax states as new data suggests some home buyers are moving in response to the year-old change in the federal tax law.

Read More

National Investors Begin to Take Interest in Detroit Market

February 7, 2019 |

In 2018, the Detroit real estate market had a banner year for transactions, new developments and big headlines. Chief among these was Ford Motor Co.’s acquisition of the vacant Michigan Central Station, a major media event that attracted attention from … Read More