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Category: Market Trends

Commercial Real Estate Market Trends

Multifamily Chicago Report

Posted on by Randolph Taylor
Suburban apartment market still strong, but slowing down
Randolph Taylor

Randolph Taylor

Multifamily Investment Sales Broker at Marcus & Millichap
Chicago-Oak Brook
O (630) 570-2246
M (630) 344-9355
Randolph Taylor

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Demand is strong across the metro, as Millennials continue to move into well-located, modern apartments, pushing rent growth to its highest rate in two years.

Continue reading "Multifamily Chicago Report" →

Low Unemployment Fuels Housing Demand, Favors Apartments

Posted on by Randolph Taylor
Randolph Taylor

Randolph Taylor

Multifamily Investment Sales Broker at Marcus & Millichap
Chicago-Oak Brook
O (630) 570-2246
M (630) 344-9355
Randolph Taylor

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Employment: MARCH 2019

Low Unemployment Fuels Housing Demand, Favors Apartments

Continue reading "Low Unemployment Fuels Housing Demand, Favors Apartments" →

Illinois Rent Control Webcast Tomorrow

Posted on by Randolph Taylor
Randolph Taylor

Randolph Taylor

Multifamily Investment Sales Broker at Marcus & Millichap
Chicago-Oak Brook
O (630) 570-2246
M (630) 344-9355
Randolph Taylor

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Illinois Rent Control Webcast

Wednesday, March 20th
12:00 PM CDT Continue reading "Illinois Rent Control Webcast Tomorrow" →

Why rent control is wrong for Chicago

Posted on by Randolph Taylor
Randolph Taylor

Randolph Taylor

Multifamily Investment Sales Broker at Marcus & Millichap
Chicago-Oak Brook
O (630) 570-2246
M (630) 344-9355
Randolph Taylor

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If rent control solved the workforce housing crisis, it would have been the law of the land long ago.

Continue reading "Why rent control is wrong for Chicago" →

Illinois Rent Control Special Report Webinar and Multifamily Forum Event

Posted on by Randolph Taylor
Randolph Taylor

Randolph Taylor

Multifamily Investment Sales Broker at Marcus & Millichap
Chicago-Oak Brook
O (630) 570-2246
M (630) 344-9355
Randolph Taylor

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Rent Control reduces the supply of rental units, increases prices for properties not covered and prevents those most in need from benefiting.

Continue reading "Illinois Rent Control Special Report Webinar and Multifamily Forum Event" →

Volatility in Construction Materials Pricing Is Putting Strain on Multifamily Developers

Posted on by Randolph Taylor
Randolph Taylor

Randolph Taylor

Multifamily Investment Sales Broker at Marcus & Millichap
Chicago-Oak Brook
O (630) 570-2246
M (630) 344-9355
Randolph Taylor

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Multifamily developers don’t know what to expect when it comes to budgeting for materials prices.

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 lumber and diesel fuel has fallen sharply, for now. But new policies from the U.S. government continue to jolt the markets, from possible sanctions on oil-producing countries like Venezuela to government tariffs on imported steel. Continue reading "Volatility in Construction Materials Pricing Is Putting Strain on Multifamily Developers" →

That downtown apartment glut? Never mind

Posted on by Randolph Taylor
Randolph Taylor

Randolph Taylor

Multifamily Investment Sales Broker at Marcus & Millichap
Chicago-Oak Brook
O (630) 570-2246
M (630) 344-9355
Randolph Taylor

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Developers continue to crank out apartments by the thousands in downtown Chicago, but demand should be so strong that the market can handle it, according to a new forecast.

Continue reading "That downtown apartment glut? Never mind" →

Marcus and Millichap Attending Europe's Premier Real Estate Event MIPIM Cannes, France

Posted on by Randolph Taylor
Randolph Taylor

Randolph Taylor

Multifamily Investment Sales Broker at Marcus & Millichap
Chicago-Oak Brook
O (630) 570-2246
M (630) 344-9355
Randolph Taylor

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Have an opportunity to expose your property to this vast investment capital pool through Marcus & Millichap's booth and event presence at MIPIM.

Continue reading "Marcus and Millichap Attending Europe's Premier Real Estate Event MIPIM Cannes, France" →

Marcus and Millichap National Property Marketing & Advertising

Posted on by Randolph Taylor
Randolph Taylor

Randolph Taylor

Multifamily Investment Sales Broker at Marcus & Millichap
Chicago-Oak Brook
O (630) 570-2246
M (630) 344-9355
Randolph Taylor

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Marcus and Millichap closes more real estate investment sales than any other brokerage firm—over 60% of which involve a 1031 Exchange. Our leading market position, coupled with extensive investor relationships, gives us access to the largest pool of qualified buyers, including exchange buyers.

We don’t just market properties; we make a market for each property we represent. Our innovative communications network (MNet) allows us to present your property to more qualified investors than any other Broker. The process is orchestrated to maximize a competitive bidding environment to proactively solicit higher sales prices for your property.

 

Contact Us - List Your Property

 

Continue reading "Marcus and Millichap National Property Marketing & Advertising" →

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

Posted on by Randolph Taylor
Randolph Taylor

Randolph Taylor

Multifamily Investment Sales Broker at Marcus & Millichap
Chicago-Oak Brook
O (630) 570-2246
M (630) 344-9355
Randolph Taylor

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In the current cycle, property fundamentals are strong enough to withstand a shock to the system.

Even if there is an economic downturn in the near future, the apartment sector is likely to hold up, according to industry experts. Continue reading "The U.S. Apartment Sector Would Continue to Remain Strong Even in a Recession" →