Category Archives: multi-family

Midwest downtowns are booming — just ask CBRE Louisville’s David Hardy

by Dan Rafter Millennials want to live in the middle of cities. This has become common knowledge. It’s why developers are rushing to downtowns across the Midwest to build new apartment towers boasting party decks, onsite fitness centers and rooftop … Continue reading

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Cushman & Wakefield|NorthMarq: Commercial real estate market sizzling in Twin Cities

by Dan Rafter How hot is the Twin Cities’ commercial real estate market? The latest Compass report from Cushman & Wakefield|NorthMarq tells the story: New construction activity here is soaring, but vacancy rates are not. The overall vacancy rate in … Continue reading

Posted in industrial real estate, Minneapolis commercial real estate, Minnesota real estate, multi-family, office, retail, St. Paul commercial real estate | Tagged , , , , , , , , , | Leave a comment

A risk that paid off: Paul Davis and Affordable Housing Advisors on pace for a big year

by Dan Rafter Paul Davis founded Southfield, Michigan-based Affordable Housing Advisors in 1987. Today, the company, a division of Marcus & Millichap, represents for-profit and nonprofit owners of government-subsidized multi-family housing who are selling one or more of their properties. … Continue reading

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Smoke-free apartment buildings an amenity that more prospective tenants want

by Dan Rafter Life isn’t easy for smokers. They can’t light up in the office, in restaurants or in hotel rooms. And now, increasingly, they can’t smoke in their own apartment units. A growing number of multifamily developments are prohibiting … Continue reading

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Worried about investing your dollars in a small apartment building? Don’t be

by Dan Rafter When you think of the booming multifamily market, what comes to mind? New apartment towers stretching 20 stories in the sky? How about sprawling suburban communities with swimming pools, fitness centers and hundreds of units? These larger … Continue reading

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Why you shouldn’t worry (yet) that developers are bringing too many apartment units in your city

by Dan Rafter It’s common knowledge that the multifamily market remains a hot one across the Midwest and the nation. But sometimes it helps to look at the numbers to see just how strong this commercial sector is. Yardi recently … Continue reading

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One Southdale Place: A taste of urban living in the suburbs

by Dan Rafter You don’t have to live in the center of a big city to get a taste of urban living. The One Southdale Place luxury apartment complex in the Twin Cities suburb of Edina, Minnesota, is a good … Continue reading

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