by Mark Devereaux | Apr 29, 2021 | In The News
March 27, 2020 For starters, we hope that you and your family remain safe and healthy. The last three weeks have become a truly historic time in our country. This is a new time and new territory for everyone as we remain vigilant to support our public leaders and our...
by Mark Devereaux | Apr 28, 2021 | In The News
People ask me all the time why I invest in apartment buildings. Here’s my answer: 1. Wealth creation. It’s no secret that when you look at the wealthiest Americans, they almost always have used commercial real estate to grow their fortunes. 2. Safety in...
by Mark Devereaux | Apr 25, 2021 | In The News
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 79.8 percent of apartment households made a full or partial rent payment by April 6 in its survey of 11.6 million units of professionally managed apartment units across the country. This...
by Mark Devereaux | Apr 25, 2021 | In The News
Skyrocketing lumber pricing and low supply, in addition to cost increases and delays for other building materials, continue to hamper multifamily and affordable housing development around the nation. The issues began a year ago when lumber mills shut down due to...
by Mark Devereaux | Apr 6, 2021 | In The News
A couple of years ago, I was fortunate enough to come into contact with the best multifamily broker in Michigan and quite possibly the best of the Midwest. Kelley and I were looking at a deal in Clio. I called the listing agent, who happened to be Al Beachum of...
