Market Trends

Investors continue to prefer quick-service restaurants, dollar stores, and pharmacies.

Marcus and Millichap is pleased to present to market this very well maintained and upgraded four-unit multifamily property in DeKalb, Illinois.

The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 91.3 percent of apartment households made a full or partial rent payment by July 20 in its survey of 11.1 million units of professionally managed apartment units across the country.

With strong rent collections reported on the local and national levels, multifamily has fared better than other asset classes during the COVID-19 pandemic.

With all the pandemic-related turbulence in the market, determining how apartment units should be priced to succeed has become increasingly difficult. Multifamily operators rely on revenue management to help predict profitability patterns.

Opportunity zones provide tax breaks to investors who transfer recently realized capital gains into qualified funds that sink money into real estate projects and businesses located in specially designated economically distressed areas, with a goal of boosting jobs and housing.