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About / News / Multifamily

Multifamily market sees strongest demand since 2021, lowering national vacancy rate

Posted By: CoStar on October 24, 2024.  For more information, please click here to read the source article. Multifamily demand expanded at the highest rate since 2021 during the third quarter of this year, with 176,000 units absorbed in an indication of a strong net change in occupancy. While the second quarter historically has the highest demand for […]

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Suburban multifamily? In the Detroit market it’s still a strong performer

Posted By: REjournals on September 5, 2024.  For more information, please click here to read the source article. It wouldn’t be accurate to call the Detroit multifamily market a booming one. Yes, demand from renters remains strong. But multifamily investment sales are sluggish thanks to higher interest rates. And while monthly rents continue to rise on a year-over-year […]

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Shopping center owner plans retail development, nixes residential units

Posted By: The Toledo Blade on September 8, 2024.  For more information, please click here to read the source article. Toledoans who were hoping that an apartment building would be built across the street from the Westgate Village shopping center are going to be disappointed. Liz Holland, the chief executive officer and general counsel of the company that […]

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Detroit’s resiliency in full effect as local CRE market remains healthy

Posted By: REjournals on August 14, 2024.  For more information, please click here to read the source article. It wasn’t too long ago that the news coming out of Detroit was always negative. Today, though? There’s plenty of positivity surrounding Detroit, its suburbs and the region’s commercial real estate market. That’s largely because the Detroit real estate market […]

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