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 >

Sudden depletion of income streams will create hurdles for renters and owners of multi-family, although unemployment benefits and one-time government payments will help mitigate the impact. Renters are being protected through eviction moratoriums and federally backed mortgage lenders are cushioning … Read More >

The U.S central bank has moved swiftly relative to the Great Recession to combat the economic downturn caused by the COVID-19 pandemic. Actions from the Fed include dropping the federal funds rate to the “zero-bound,” or near zero and employing … Read More >

Marcus & Millichap’s Research Services has prepared a series of answers to common questions about the economic impact of the Coronavirus.

Key Features Include:

• What’s the impact by property type?
• What are current market activity levels?
• How to stay up

Fed rate cuts and revival of Quantitative Easing (QE) clearly demonstrates Fed’s commitment to supporting the economy. These actions help guarantee market liquidity, reduce uncertainty and support the funding climate for investors. Exceptionally low interest rates provide unique financing climate … Read More >

The longest bull market in U.S. history officially came to an end as coronavirus (COVID-19) related fears sent shockwaves through Wall Street. In response, the Fed took decisive action to relieve market anxiety and sustain financial market liquidity. The current … Read More >

Marcus & Millichap’s 4th Quarter Multifamily Research Market Report for the Philadelphia Metro Area has been released. Elevated apartment absorption drops vacancy and improves rents. Development activity contracts in Center City, but expands throughout the suburbs.

Click the link below … Read More >

PHILADELPHIA, Sept. 12, 2019 – 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 three multifamily properties in the Delaware Valley … Read More >

Team member Andrew Townsend was quoted in a Bisnow article published August 28, 2019. Despite gloomy forecasts, 2019 has proven to be a banner year for Philadelphia’s multifamily market so far. “I certainly don’t think that the pipeline has shut … Read More >

Marcus & Millichap’s 3rd Quarter Multifamily Research Market Report for the Philadelphia Metro Area has been released. Robust renter demand in pockets of greatest construction continue to drive performance gains. The Philadelphia suburbs are continuing to flourish, while cranes stay … Read More >