An apartment owner has closed on $174 million in financing and joint venture equity to acquire a 348-unit property in West New York, in a deal arranged by Marcus & Millichap.
Leasing teams turn to virtual tours, platforms to lure renters during stay-at-home order
In-person tours have been curtailed and lease numbers are down, but virtual tours are helping luxury apartment buildings bring in renters in this time of social distancing. The virtual elements are so useful, in fact, that building representatives said they’ll keep using them after the coronavirus crisis is over.