Chicago Multifamily Property Blog

Market Trends, Sales Insights, and Investment Strategies

Explore the latest expert insights on Chicago multifamily property sales, investment strategies, and market trends. Stay informed with valuable updates from our real estate blog.

Cheddar TV Features Marcus & Millichap’s President and CEO Hessam Nadji

Referred to as “the CNBC for millennials,” news program Cheddar TV asks Marcus & Millichap CEO Hessam Nadji for an outlook on real estate amid Toys “R” Us closures and the evolution of retail. Also, opportunities for investors in today’s commercial real estate market and services Marcus & Millichap provides.

Home Price Appreciation Widens Affordability Gap, Sustains Strong Apartment Housing Demand

Despite tight inventory levels, overall home prices are accelerating at a subdued pace as buyers remain on the sidelines by not providing offers on marketed homes. Housing needs are then directed to apartments. Last year, more than 340,000 units were absorbed, the highest level since 2000.

CAP RATE VS IRR WHAT’S THE DIFFERENCE

Sizing up a potential real estate investment is no easy task and there are a number of things investors must consider before closing a deal. Two of the most critical factors are the cap rate and the IRR or internal rate of return. There are some similarities between the two but it’s important to understand exactly what they measure and why they’re important.