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National Multifamily Outlook – Beyond the Health Crisis Special Report

August 18, 2020 by Marcus & Millichap Research Services

Federal Unemployment Helped Jobless Renters Meet Obligations, Though Multifamily Faces Greater Challenges as Support Wanes

Rent collections held firm in the second quarter despite high unemployment as government stimulus mitigated the impact, yet the expiration of these benefits could weigh on multifamily. The largest adjustment to fundamentals came from the Class A segment, as supply additions imposed additional headwinds. Lower-tier space has been more resilient, but vacancy could be nuanced by eviction moratoriums.

Key Features Include:

  • Analysis of the multifamily environment with less federal support
  • Insight into shifting renter preferences and how suburban apartments could benefit
  • Evaluation of potential population migration trends to secondary and tertiary markets

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Filed Under: Special Report

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This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2020 Marcus & Millichap and Limon Net Lease Group

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