Marcus & Millichap Research

Explore commercial real estate distress 2025 trends and where investors are seeing the most risk by sector.

The defining features of both cities and suburbs won’t be fundamentally changed by the pandemic, and as the recovery takes hold longer-term, both will likely continue to attract certain demographics over others.

Marcus & Millichap forecasts new apartment development will reach a cyclical high this year, with about 9,500 completions in the metro area. The city will receive more than half of the new rentals. Developers finished about 9,200 units last year.