Sentences with phrase «prices for apartment buildings»

Not exact matches

The latest valuations — according to Moodys / REAL Commercial Property Price Index — show prices for U.S. retail, industrial, apartment and office buildings have fallen on average by half from their mid-2007 high and are back at 2001 levels.
Even if the metro builds quickly, which we assume they will, prices would rise due to increased competition for apartments by renters with significantly higher incomes.
Under the old rules, once an owner left, his apartment had to be sold back to the building for the purchase price.
Because independent agents work with multiple insurance providers instead of just one, they can look for the best coverage for apartment and building complex owners while also looking for the best prices.
Because independent agents work with multiple insurance providers instead of just one, they can look for the best coverage for apartment and building complex owners while also looking for the best prices.
The price of renters insurance varies depending on a number of factors, such as the area of the country in which the home is located, the type of policy (such as military renters insurance), in which part of a city or on which floor of a building an apartment or loft might be situated, for example.
Rising raw materials prices create «a barrier of entry» to building rental properties, a phenomenon that will eventually lead to rising rents for offices and apartments, Zell said in the interview at the Milken Institute Global Conference in Beverly Hills, Calif..
Last fall, PNC Place in Washington, D.C. set a new high watermark price for the office sector when the office tower sold for $ 392 million or $ 1,075 per sq. ft. And just last month, OneEleven, a luxury 60 - story apartment building in Chicago, sold for $ 328.2 million or $ 651,000 per unit.
The price is reportedly the highest ever paid for an apartment building of more than 50 units in that city.
If you can complete a major renovation / value play it is possible to purchase something distressed and fix up for lower then perceived retail price, however this takes a massive amount of capital and knowledge to execute on the scale of an NYC apartment building.
The pricing premium for easy pedestrian access appears to be most obvious for apartment buildings, RCA reports.
«There is an acute shortage of housing for rent [at an affordable price] and the expensive apartments are empty, so maybe it will not be necessary to build a lot of new housing for high - salaried Amazon employees.»
A New York federal court has considered whether a disabled tenant's request to move into a higher priced apartment within the same building at her current rental rate could constitute a reasonable request for accommodation by the tenant.
One East Village building that sold for 2.5 million in the 1980s now has individual apartments for that price.
For an apartment building, however, you will either need to call a company to get a price to cut the grass and maintain the yard, or recruit a local neighborhood kid who won't mind doing it to make some extra money.
Most recently, he achieved a record - setting price at the Fortuna House apartment building in Edgewater — more than $ 200,000 per door — for an older apartment building in the Edgewater area.
The average price per unit for an apartment property is approximately $ 72,200, which means a 5 - unit building could cost $ 361,000, a significant sum for a first - time investor.
The price per unit set a new record for vintage apartment buildings in the neighborhood.
Investors keep looking for apartment buildings to buy at good prices.
Completed in 2014, the Arlington Mill Residences is a four - story apartment building in which all 122 units are priced for households earning less than 60 percent of the area median income.
For example, in valuing the projected sale price of an apartment building that produces a net operating income of $ 10,000, if we set a projected capitalization rate at 7 %, then the asset value (or price we would pay to own it) is $ 142,857 (142,857 = 10,000 /.07).
NEW YORK (Reuters)- A boom in newly built luxury apartments in Manhattan has skewed prices for the overall residential real estate market in the borough and masked a sharp drop in transaction volume over the past five years, a property report on Wednesday showed.
As U.S. real estate sale prices have declined faster than rents due to the economic crisis, cap rates have returned to higher levels: as of December 2009, to 8.8 % for office buildings in central business districts and 7.36 % for apartment buildings.
Even if the metro builds quickly, which we assume they will, prices would rise due to increased competition for apartments by renters with significantly higher incomes.
This shift, along with high building and land costs, has caused developers to focus on bringing more high - end units to market, which pushed up the median asking price for new apartments 27 % between 2011 and 2016.
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