Marcus & Millichap has just released the 2021 U.S. COMMERCIAL REAL ESTATE INVESTMENT OUTLOOK

Millennials, or people spanning the ages of 24 to 39, are officially the nation’s largest generation, according to Pew Research Center. The young, but mature, age group is targeted to be in their prime home-buying years, but research shows they continue to lag behind previous generations in fulfilling the goal of homeownership.

There are, in fact, a number of smaller-sized cities that are ripe for apartment acquisitions, the report finds, as renters have moved en masse to these markets, abandoning pricey urban centers and coastal cities for the suburbs, the Sun Belt, and secondary gateway cities.

Prior to the release of the most recent FAQ,  NMHC led a real estate stakeholder coalition letter  asking for clarification and guidance on a number of key issues for the industry and are pleased Treasury incorporated several industry recommendations into the updated FAQ.

Millions of Americans who lost their jobs during the pandemic have fallen thousands of dollars behind on rent and utility bills. In one of President Joe Biden’s first official acts after his inauguration, he extended the federal ban on evictions through March.

Marcus and Millichap is proud to present Park Place of Wheaton, a wholly owned eight unit office condo property superbly located on highly visible West Roosevelt Rd and South Main Street in downtown Wheaton, IL DuPage County