Marcus & Millichap Multi Family Forum Draws Hundreds; Big Success
October 26, 2016 - By The Real Reporter
BOSTON–With over 350 real estate professionals in attendance at the Back Bay, Colonnade Hotel, Marcus & Millichap held its annual New England Multi Family Forum, last Thursday, October 20th. Regional Manager, Tim Thompson welcomed the mixed audience of investors, owner, operators, managers, lenders, brokers and local city and government officials. It was a who’s who of industry professionals that Thompson says is growing. “This was our biggest attended ... and has elevated to bring in a very strong group of local and regional multifamily representation of the area, which gives us an event that provides a lot of influential companies and current topics to the industry, added Thompson.”
Thompson was followed by John Sebree, FVP and National Director of Marcus & Millichap’s National Multi Housing Group, who delivered a deep, insightful overview of the New England Region.
Specific to the Boston Metro Area, a robust economic growth has contributed to the sixth consecutive year of rent gains, and all indications of a continued growth in 2017. Boston continues to attract professionals and businesses in the health and education sectors and as a result a high demand for urban quarters with the latest amenities.
The Forum was made up of several panels discussing the most relevant topics for investors and managers of multifamily units. The topics included: “The Urban Boom: Rentals, Condos and Mixed-Use Developments in Downtown Boston,” “Going for Gold: The Rapidly Changing Debt and Equity Landscape,” “Living the Dream: An Inside Look at How Today’s Property Managers are Competing for Residents and Managing the Bottom Line,” and “Beyond Boston: Outer Urban Edge, Suburban and into New England.”
With a core of industry brass, the event made for an impressive exchange of ideas and education, and the networking is an element of the Forum that professionals appreciate as well. “We think this has become an event that people want to come to because of what we are offering and who is coming, so I’m certain it will continue to grow, and offer something for everyone in the multi-family investment sector,” affirmed, Thompson.
Tim Thompson
