What will an economic resurgence mean for multifamily investments?

Apartment rents continue to rebound across the country, according to the latest data from Apartment List.

Centers for Disease Control and Prevention has once again extended the eviction moratorium, this time through June 30.

Will 2021 deliver an economic resurgence and employment recovery? Or could another disruption be lurking ahead?

Rising interest rates are unlikely to push cap rates up this year, counter to what many investors may believe, according to a new analysis from Marcus & Millichap.

Nearly all of the 50 largest metro areas have become less affordable for renters and first-time homebuyers since 2001, forcing low- and moderate-income residents to pay almost 8 percent more of their incomes for housing than two decades ago, according to a new research report from the Mortgage Bankers Association’s Research Institute for Housing America.

The U.S. apartment market was fundamentally changed by COVID-19 back in March 2020. But how the pandemic affected apartment rents depends largely on one thing – location.

Investors are most bullish on the industrial sector as 2021 marches on, followed by the self-storage and multifamily sectors, according to a recent survey of 500 commercial real estate investors by Marcus & Millichap.

Effective asking rents for U.S. apartments climbed 0.6% in February, rising at the fastest single-month pace seen since the middle of 2019.

Despite a tumultuous 2020, a year in which the country was turned upside down by a deadly pandemic that led to economic upheaval, the commercial real estate lending community overwhelmingly believes brighter days are ahead on the business front.

Building permits for the construction of multifamily projects hit an annual level of 557,000 units in January 2021, according to the U.S. Census Bureau’s monthly building permits survey.

A common trade for Multifamily Owners are Net Leased Investments. Marcus & Millichap’s Net Lease Division specializes in providing advisory and transaction services for all types of single-tenant properties.

Marcus & Millichap is pleased to present to market this fully-occupied, 5-unit value-add multifamily offering in Blue Island, Illinois, a southern suburb of Chicago. The property consists of four one-bedroom one-bath units and one two-bedroom one-bath unit. Amenities include off-street parking, storage units, and on-site laundry.

This document offers eviction prevention information and resources for housing providers to consider that might be outside of their standard operating practices but might be warranted by these unconventional times created by the pandemic.