Insights

Despite COVID lockdowns, eviction moratoriums and other macroeconomic headwinds, the California rent-controlled apartment properties we acquired in 2021 and 2022 have already seen over 50% average growth in NOI since acquisition.

The Breakfast Blogs #1: Marcus & Millichap CEO, Hessam Nadji

Last week the Fed raised its benchmark interest rate by 75 basis points. This is the fifth rate hike this year and the third consecutive 75 bp rate hike in an effort to tame inflation, which is near a 40‐year high.

Last week the Fed raised its benchmark interest rate by 75 basis points. This is the fifth rate hike this year and the third consecutive 75 bp rate hike in an effort to tame inflation, which is near a 40‐year high.

Despite COVID lockdowns, eviction moratoriums and other macroeconomic headwinds, the California rent-controlled apartment properties we acquired in 2021 and 2022 have already seen over 50% average growth in NOI since acquisition.

Despite COVID lockdowns, eviction moratoriums and other macroeconomic headwinds, the California rent-controlled apartment properties we acquired in 2021 and 2022 have already seen over 50% average growth in NOI since acquisition.

Despite COVID lockdowns, eviction moratoriums and other macroeconomic headwinds, the California rent-controlled apartment properties we acquired in 2021 and 2022 have already seen over 50% average growth in NOI since acquisition.

Last week the Fed raised its benchmark interest rate by 75 basis points. This is the fifth rate hike this year and the third consecutive 75 bp rate hike in an effort to tame inflation, which is near a 40‐year high.