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Multifamily Archives - Friedman Market Spotlight

The U.S. Apartment Sector Would Continue to Remain Strong Even in a Recession

February 6, 2019 |

Even if there is an economic downturn in the near future, the apartment sector is likely to hold up, according to industry experts.

“Apartments are still resilient against a possible recession,” says Andrew Rybczynski, senior consultant for CoStar Group Portfolio … Read More

Healthy 2019 Projected for Multifamily Investment

January 24, 2019 |

The 2019 investment outlook is off to a bright start. The underlying metrics supporting the apartment market entering the new year remain healthy. Employers ended last year on a high note, lifting annual job growth to 2.6 million positions and … Read More

2018 Multifamily Rent Growth Ends Strong

January 15, 2019 |

The multifamily market continues to perform strongly, with an increase in national rent growth of 31 percent over the last eight years. According to a survey of 127 markets by Yardi Matrix, annual rent growth has risen at least 2.9 … Read More

3 Key Takeaways from Chicago’s CRE Forecast Conference

January 14, 2019 |

Friedman had the pleasure to be a sponsor at the 17th Annual CRE Forecast Conference at the Hyatt Regency in Chicago, IL last week. The event invites Commercial Real Estate talent from across the Midwest to join in collaborating on … Read More

Investors, Do You Know Your Multifamily Loan Options?

December 27, 2018 |

Choosing the right multifamily loan option can be daunting. The tidal wave of information available to us every time we touch our phones is intimidating, to say the least. Even the savviest real estate investors are cognizant of the … Read More

FRIEDMAN’S STEVEN SILVERMAN SELLS A 20 UNIT APARTMENT BUILDING IN SALINE, MI

December 19, 2018 |

Farmington Hills, Michigan (December 19, 2018) – Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently sold a 20 unit apartment building located at 207 S Harris Street in Saline, Michigan.  KLA Enterprises, LLC … Read More

Multifamily Outperforms While Pricing Across All Sectors Decrease

December 18, 2018 |

Source: Ten-X

Commercial real estate pricing ebbed for the second consecutive month in November, perhaps showing signs of pressure from rising interest rates and late cycle fundamentals. The Ten-X Commercial All Property Nowcast fell 0.2 percent from October, following … Read More

$830 million Monroe Blocks project in downtown Detroit breaks ground

December 14, 2018 |

Photo Credit: Bedrock 

Dan Gilbert has officially broken ground on a $830 million redevelopment of a 3.66-acre swath of downtown Detroit to the east of his Quicken Loans Inc. headquarters.

The project by his Detroit-based Bedrock LLC … Read More