The Irvine, Calif.-based online auctioneer acquired New York-based brokerage Rockwood Real Estate and market-research firm Maximus Advisors from CW Financial Services, to give it a stronger foothold in the commercial real estate arena.
Peter Muoio, founder of research firm Maximus Advisors, weighs in on the forces that shaped the apartment market's recovery—and why (and when) the recovery will lose some steam.