With only about 313 units under construction, the lowest in over a decade, Augusta’s 10.1% vacancy rate is expected to decline gradually. The market’s inventory has expanded by over 20% since 2020, including 1,100 new units in the past year. While this supply slowed rent growth through 2023, annual rent growth rebounded to 3.7% by […]
Multifamily transaction activity remained limited in the Augusta MSA during the first quarter of 2025, with only two sales recorded. However, we anticipate increased sales volume in the second half of the year, driven by a significant wave of loan maturities coming due. Current occupancy is 87.8%, approximately 250 basis points below the five-year average. […]
The Palomar Group, a full-service commercial investment sales firm headquartered in Augusta, GA, is excited to announce its expansion to Houston, TX. This move comes on the heels of the firm’s recent expansion into Charleston, SC, further reinforcing its commitment to strategic growth and enhancing its ability to serve clients across the United States. With […]
The Palomar Group, a full-service commercial investment sales firm headquartered in Augusta, GA, is excited to announce its expansion to Charleston, SC. This move marks a significant milestone as the firm grows its footprint while continuing to serve clients across the United States. With a proven track record of over $1.5 billion in transactions across […]
Unlocking Opportunities in Up-and-Coming Areas Introduction: As the commercial real estate landscape continuously evolves, savvy investors are always on the lookout for the next big opportunity. Emerging markets, with their potential for high returns, present a golden opportunity for those willing to venture beyond traditional investment hotspots. But what makes these areas so appealing, and […]
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Augusta is the second-largest city in Georgia and is home to several major employers, including the U.S. Army Cyber Center of Excellence, Augusta University, and the Savannah River Site. Augusta’s diversified economy, stable job market, and low cost of living are some of the factors that make it an attractive market for commercial real estate […]
The Palomar Group, a commercial real estate investment sales firm based in Augusta, GA, recently attended the X Team Retail Advisors National Conference in San Antonio, Texas. Partners Steve Collins and Ryan McArdle were joined by Palomar team members Jefferson Knox, Lee Malchow, and Jessica Caron at the conference. As a member of the […]
