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National  + Apartments  |  September 23, 2025
Paul Bubny
By: Paul Bubny

This Week, Nadji Tells Apartment Executives: Ten-Year Market Fundamentals Remain Strong. Watch Now. (VIDEO)

At a Connect Apartments event 10 years from now, the industry will be able to look back on a decade of growth, predicted Hessam Nadji, president and CEO of Marcus & Millichap. In a presentation on investment strategies at Connect Apartments 2025 in Los Angeles, Nadji advised the audience, “Keep the eye on the long term” while acknowledging near-term issues, such as inflation and the uncertain outcome of the current broad-based tariffs. 

In the video above, Nadji provides insights on the following: 

  • Why fire sales of distressed apartment properties aren’t going to happen 
  • Why the Federal Reserve ought to have begun normalizing monetary conditions in 2021 and what the Fed needs to do now 
  • How changing demographics favor rentals over for-sale housing 
  • The reasons that rent control measures do not represent an effective solution 
  • The coming slowdown in new apartment supply 
Read More News Stories About: Marcus & Millichap
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Inside The Story

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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