Multifamily

Loan originations plummeted 33% even between 2Q 2023 and 3Q 2023

Marcus & Millichap delivers a Q3 report on key CRE asset classes.

Rents likely to continue down for a month or two with seasonal slowdowns.

Aims for 100+ unit campuses, buys Sunnyvale multifamily for $502K per unit.

For residential property managers, every day is a chance to build connections with residents and build toward lease renewals.

But they'll require some analysis to find which segments and areas might offer the best predicted opportunities.

There are plenty of indicators the rate has slipped more than 12%, according to RealPage.

Industrial space net growth is significantly down and multifamily development outpaces demand, according to Lee & Associates report.