The next recession has been predicted for a number of years now without making an appearance, but one of these days, history says, the business cycle will turn. What then for the various types of commercial real estate?
Market Trends
Six Building 22 Unit Multifamily Portfolio Sold Exclusively Listed and Sold by Randolph Taylor Sourcing Out-of-State Buyer Collaborative Transaction with Marcus & Millichap Self-Storage Group
Just Sold 18 Unit Multifamily Property South Suburban Chicago IL - 18 Unit Multifamily Property Sold - 12 Two-Bedrooms/6 One Bedrooms, Exclusively Listed and Sold by Randolph Taylor with Marcus & Millichap, Located in South Suburban Chicago Blue Island, IL
Most economic indicators remained in the plus category this month. Job growth, unemployment, inflation, and consumer confidence all continue to suggest a solid overall economy. But there are also growing concerns tied to the much anticipated slow down.
Marcus & Millichap (NYSE: MMI) , a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of a 12-unit apartment property located in Aurora, Ill,
Could low-interest rates and elevated capital flow into commercial real estate compress yields? Uncertain economic outlook and the traditionally limited alignment of cap rate and interest rate movement point to cap rate stability Asset pricing and yield will balance strong fundamentals against perceptions of future economic risk