- Marcus & Millichap reported that apartment construction is down 50% from its 2023 peak and industrial projects are down 60% from 2022, while a new Preferred Partner Program addition, Defease With Ease | Thirty Capital, brings defeasance, interest rate hedging, and yield maintenance support to its platform.
- The combination of a thinner construction pipeline and broader debt management resources positions Marcus & Millichap to address client concerns about supply, financing complexity, and transaction costs across the commercial real estate cycle.
- We will look at how Marcus & Millichap’s investment narrative shifts as debt management breadth grows through the Defease With Ease partnership.
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