Suburban and Urban Multifamily Markets are Realigning – Outlook for Both Remains Strong – July, 2021
Multifamily continues its strength in both urban and suburban markets, according to Marcus & Millichap’s Midyear. Urban core begins recovery. Demand for downtown apartments is growing as more firms are bringing workers back and more stores and entertainment venues are reopened. The demand shift to suburbs with larger footprints and less cost is stabilizing to norm. Both urban and suburban are expected to have solid outlooks. Marcus and Millichap’s full report link is below (M&M, 2021).
Related UC Funds Link: Financial Products for Multifamily