Marcus & Millichap’s 2015 National Apartment Report cites continuing steady job growth and the formation of new households as the reasons for an increase in apartment demand in the region. Vacancy will remain tight, enabling operators to increase effective rents … Read More >
Archive for January, 2015
Philadelphia Apartment Market Saw Rents Rise and Vacancy Drop
The apartment market in Center City continued to show signs of strength in 2014. In Center City, landlords of Class A apartments saw rents increase by 3.7 percent to $2,128 a month, or $2.23 a square foot. Vacancy rose slightly … Read More >
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Most Recent Team News:
Philadelphia Multifamily Owners Report Strong Rent Collections for April
As we speak with apartment owners, we have been pleased to hear that most communities fared well with regard to April collections in the Philadelphia MSA. This week, we conducted a rent collection survey with a number of our clients. … Read More >
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We invite you to have a conversation with us so we can develop a complimentary strategic analysis that will show you the options available to you both now and in the future.
We invite you to have a conversation with us so we can develop a complimentary strategic analysis that will show you the options available to you both now and in the future.