Sentences with phrase «class b apartment»

Given standard industry metrics for a class B apartment in a non-core or tier 1 market location, with a required IRR of 12 %, you can estimate a cap rate of around 8.25 % to 9.75 %.

The economic growth is also likely to boost demand for Class B apartment buildings in suburban and urban locations.

The firm's strategy focuses predominantly on improving mid-sized Class B apartment communities in primary and secondary markets nationwide.

But for the full year, rents rose 2.85 percent for Class A and 4.13 percent for Class B apartments.

Our in - depth targeted research identified The Wellington to be well - located in a submarket with a limited supply of new product and a strong population of renters for both Class A and Class B apartments.

Not exact matches

Ogden, who is still about a semester's worth of classes short of earning a bachelor's degree in business economics (he maintains a B average), spends a majority of his downtime at his Culver City apartment battling roommates and friends in sports - related video games and watching movies on television, all the while munching slices of discount bread and working the remote control.

Larnell Fortier, 22, of 408 Nyack Plaza Apartments, Nyack, New York has been charged with one count of criminal sale of a controlled substance in the third degree, a class «B» felony, one count of criminal possession of a controlled substance in the third degree, a class «B» felony, one count of criminal sale of a controlled substance in the fifth degree, a class «D» felony and one count of criminal possession of a controlled substance in the fifth degree, a class «D» felony.

The Christabelle Hotel Apartments Complex offer B class apartments in the main building and Tourist class apartments in the annex buildings, within 150 meters from the mainApartments Complex offer B class apartments in the main building and Tourist class apartments in the annex buildings, within 150 meters from the mainapartments in the main building and Tourist class apartments in the annex buildings, within 150 meters from the mainapartments in the annex buildings, within 150 meters from the main building.

On the West Coast, the highest - quality apartments are selling for cap rates ranging from 4.5 % to 4.75 %, while Class - B properties in optimal locations sell at cap rates of 5 % to 5.5 %, Zimmerman adds.

Markedly, 84 percent of respondents to the survey reported rent growth for Class B and C apartments as «much stronger» or «somewhat stronger» than that of Class A apartments, which, as Obrinsky noted, have seen higher supply.

Despite the softening due to the new development focus on Class A apartments, the overall fundamentals for apartments remain stable, indicated by the strong demand for Class B and C properties.»

The firm targets Class - B and C apartments, which are older and include fewer amenities than Class - A assets.

The Echo Boomers will gravitate to less expensive rental options, known in the apartment industry as Class B and Class C, according to the Digest of Real Estate.

The average rents at class - A and class - B apartments in suburban areas are growing much more quickly, at a rate of about 6.0 percent a year.

At the same time, the rents at class - A and class - B apartments in central business districts are growing at an average rate of 4.0 percent a year — significantly faster than the rate of inflation.

Class - B apartments have been selling for nearly $ 50,000 per unit, while Class - C properties are selling for about $ 34,000 per unit.

The class - B and class - C apartment properties most likely to take out CMBS loans are also doing well.

Multifamily developers can capitalize on a huge unmet need in the market by buying and renovating older class - B and class - C apartment buildings...

That's especially true for the class - B and class - C apartments that don't have to compete directly with all of the new, luxury apartments now opening.

JVM owns and operates Class A and B apartment communities in Midwest markets such as Cleveland, Indianapolis, Kansas City and suburban Chicago.

Similar to apartment investing using a Class B value - add approach, folks have to live somewhere and offering reasonable rents and nicely renovated properties with excellent management will keep them there through ups and downs.

Lower - paying jobs will help keep apartments full in Class - B communities and Sun Belt metro areas...

The percentage of apartments that were vacant at class - B and class - C communities fell to an average of 2.7 percent in the second quarter, down from 5.2 percent in 2012, according to brokerage firm Marcus and Millichap.

We continue to view the Arizona B and C class apartments market as full of opportunity — despite the recent uptick in pricing.

That's only slightly higher than the current cap rate of 6.5 percent recorded for class - B and class - C apartment properties in 2017.

Managers at less expensive apartment complexes are much less likely to have to offer concessions of free rent to compete with new properties since there hasn't been as much new construction in the class - B sector, while demand has remained strong.

An exception would be more class A or B apartments where they are newer built in the last 10 years or so and rents are really high.

The vast majority of that investment would be in purchasing stabilized proper, ties - Class - A and - B quality garden and mid-rise apartments.

Project types have included mixed - use town centers, apartment and condominium buildings, luxury hotels, Class A and B office space, build - to - suit and speculative flex - tech office buildings, retail space, power centers and neighborhood retail centers, medical and special purpose complexes, as well as industrial, distribution and manufacturing projects throughout the East Coast.

Moderately - sized, class - B apartment properties can probably benefit the most from this latest wave of technology innovations.