Whether they sold or refinanced, many owners of Chicago commercial real estate took advantage last year of prices that surpassed their pre-recession peaks. But their joyride may be slowing down.
Marcus & Millichap’s unparalleled reach gives our clients direct access to this growing buyer pool of foreign investors. Our firm attends conferences worldwide making strategic visits to cultivate important global relationships.
The 10-year Treasury inched past 3 percent, drawing concerns from some investors. Strong economic momentum, however, reiterates the health of the current economic cycle which bodes well for all sectors of commercial real estate.
Underlying demand for apartments remains strong as a robust labor market and positive demographic trends support healthy unit absorption, despite mounting supply pressure. Moving forward, modest performance gains are expected on the national level as the market continues to digest the aggressive development pipeline.
Fox Business’s Maria Bartiromo Asks Marcus & Millichap CEO Hessam Nadji For Insight On The Impact Of New U.S. Tax Laws On Housing And Commercial Real Estate.
Have You Been Thinking Of Listing Your Multifamily Property For Sale?
Yet another reason to choose Marcus and Millichap Real Estate Investment Services to List and Sell your Commercial Real Estate: 7th Annual Multifamily Forum in Southern California.