Marcus & Millichap Arranges Sale of 12-Unit Apartment Building in Glen Ellyn IL

The buyer, a private investor, was secured and represented by Randolph Taylor, associate, and multifamily investment specialist in Marcus & Millichap’s Chicago Oak Brook office.

Fewer tenants moving because of the COVID-19

The continuing long-term decline in turnover has accelerated recently due fewer tenants moving because of the COVID-19 economic downturn

Family Renters Expected To Explode, Ushering Need For More Development

With developers focused—even obsessed—with the often single, urban, and transient millennial generation in the last decade, families were neglected

NMHC Rent Payment Tracker Finds 80.8 Percent of Apartment Households Paid Rent as of June 6

The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 80.8 percent of apartment households made a full or partial rent payment by June 6 in its survey of 11.5 million units of professionally managed apartment units across the country.

Health Crisis Accelerating the Suburban Revival [Video]

Reported by John Chang, Director of Market Research - Marcus and Millichap

In The Era of Forebearageddon Distress Investors May Have to Wait as Long as 3 Years

Distress investors have been racing to the market in anticipation of snapping up deals. For the most part, they are finding, to some chagrin, that there are little properties and loans available at deep discounts.