Archive for January, 2015

Marcus & Millichap Releases 2015 National Apartment Report

Posted on: January 8th, 2015

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 >

Philadelphia Apartment Market Saw Rents Rise and Vacancy Drop

Posted on: January 7th, 2015

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 >