Not exact matches
Perth
continues to take out the title of Australia's most affordable capital city when it comes to buying houses and
apartments, driven by lower
property prices and low interest rates, a report released today has found.
Leading Perth residential
apartment developer Finbar International Ltd has just completed the $ 21 million purchase of two new inner metropolitan sites, as its high density
apartment model
continues to benefit from the state's
property boom.
If we were to stop working today and just
continue living as is and without moving from our
apartment, just the passive income from the dividends and the rental
property would cover all of our essential expenses including all food, housing and transportation costs.
From hotel buildings to
apartment complexes, shopping centers to restaurants, we've helped finance a variety of commercial
properties, helping hardworking business owners rehabilitate or expand their
properties to ensure
continued success.
Emily Wilkinson, a 48 - year - old entrepreneur, bet that the Junction would
continue to rise last year when she bought a storefront
property with an upstairs
apartment, with the help of Realtor Katrina McHugh of Junction Realty Inc. «I'm going to live upstairs and am in the process of renovating the Caboose café downstairs,» Wilkinson says.
The cap rate is the percent of the
property value that the Net Operating Income (NOI) represents:
Continue reading Why We Like
Apartments - Owning them that is.
If I would have known then what I know now about Escrow shortage +
property tax increase = mortgage payment increase, I would have
continued to rent a
apartment.
«Mackay
continues to flourish as one of Australia's most lucrative resource regions, resulting in an ongoing demand for central, serviced
apartments, so increasing our accommodation inventory with the launch of a second
property was therefore a natural progression.
Camden
Property Trust
continues to work through its five - year plan to sell $ 3 billion in
apartment properties by 2016.
So far this year, the largest secondary offerings came from Houston - based
apartment REIT Camden
Property Trust ($ 394 million) and Birmingham, Ala. - based healthcare REIT Medical Properties Trust ($ 229 million)--
continuing a trend that begin in 2011.
Camden
Property Trust sold Camden Providence Lakes, a 260 - home community in Brandon, Fla. for $ 33.0 million, though Camden
continues to develop new
properties, and acquired a 5.8 - acre parcel of land in Gaithersburg, Md., for $ 13.3 million for the future development of about 365
apartment homes.
At the same time, prices
continue to rise for
apartment properties, relative to the income they produce.
Investors also
continue to pay high prices for
apartment properties, thanks to low interest rates.
Interest rates are extremely low and investors from around the world
continue to pour money into U.S.
apartment properties.
Valuations for
apartments and central business district (CBD) office
properties are up 53 percent and 43 percent, respectively, while at the same time valuations in retail and suburban office sectors
continue to lag 2007 peak prices.
But strong rent growth and relatively healthy occupancy rates in the
apartment sector
continue to attract investors, who are then frustrated by the relatively small number and high asking prices of
apartment properties available for sale.
Goals this year are to buy a very large
apartment complex of possibly 44 units and
continue to invesment in real estate buying more rental
properties and doing a flip somewhere in between.
«While we
continue to see record new development prices, contracts for those
apartments were, on average, signed over a year ago and do not reflect the current state of the market,» says Diane Ramirez, chairman & CEO of Halstead
Property.
ORION
continues to assist and advise on strategic matters, leasing, valuations, buy / hold analysis, management, redevelopment, refinancing and anchor tenancy issues for each investor on these and other
properties still held jointly in California including the entitlement for future development of a large tract of mixed use land and an
apartment complex.
The Small Balance Loan (SBL) origination initiative was first announced in October 2014, and expands the company's
continuing effort to better serve less populated markets and provide additional liquidity to smaller
apartment properties.
Tallahassee has
continued to grow as a prime location for multifamily development, with Waypoint Residential recently purchasing a 288 - unit student housing
property in the city, which will be converted into traditional
apartments.
With the U.S. homeownership rate declining to a 19 - year low in 2014, the multi-family rental
property market
continued to outperform inflation, says Marcus & Millichap, the real estate investment brokerage firm that specializes in
apartment property sales.
Part of the reason is that
apartment rents
continue to rise across the country, attracting investors to bid for new
properties.
For - profit investors
continue buying up
apartment properties with relatively low rents, including those originally built through government - subsidized affordable housing programs.