Sentences with phrase «higher vacancy rates»

With high fixed and holding costs it is necessary to be aggressive with your figures, especially in the neighborhoods which see higher vacancy rates.

A total of 13 markets had higher vacancy rates than in the first quarter of 2015, including Houston, Pittsburgh and Denver.

Over time, those problems can lead to higher vacancy rates, reduced cash flow, and, ultimately, reduced property value.

And of course, screen tenants very aggressively — bad tenants will have to be evicted, leading to higher vacancy rates!

Plan for higher vacancy rates, management fees, lost rent through incentives etc..

Higher vacancy rates and / or decreased rental rates leads to lower income, and ultimately lower valuations, possibly causing trouble for these loans when it comes time to refinance.

In contrast, nodes like Umbilo and Mobeni historically record higher vacancy rates, with very little to no growth in rentals.

Higher vacancy rates reduce net operating income, a key valuation consideration.

Cheap homes have higher vacancy rates and more problem tenants, but you get the benefit of three properties instead of one.

As you said, you have to factor in higher vacancy rates and unit repair costs.

Deteriorating conditions of the properties, higher vacancy rates or tenants that do not make their rent payments can negatively affect your payouts or the value of your investment.

«Under our models, even with an office oversupply scenario, the highest vacancy rate to be expected is 16 percent,» he told WA Business News.

Because the New York metro area — including all five boroughs, not just super-expensive Manhattan — has a huge population and a relatively high vacancy rate, an influx of even 50,000 new workers wouldn't mean much in the greater scheme of things.

Philadelphia's large size and high vacancy rate of 9 percent help mitigate some of the rent impacts of the Amazon HQ2.

If the new Amazon HQ2 came to town, Detroit would see moderate rather than severe rent increases, largely because of its high vacancy rate of 11 percent and its ability to add new housing stock rapidly.

As larger metros with high vacancy rates, Philadelphia and Detroit have a significant amount of slack in their housing market, helping protect these cities from more significant rent increases.

Large markets, such as Detroit and Atlanta, with high vacancy rates, have the most slack and, thus, need less new construction to house new Amazon employees.

In Sydney and Melbourne, rental growth is being constrained by high vacancy rates relative to levels of the past.

According to a recent Bloomberg report, the property is loosing money because of its high vacancy rate and debt cost.

Kings Park civic leaders say their downtown, which struggles with a high vacancy rate, needs major changes to attract new residents and businesses.

The area with the second highest vacancy rate was Aberdeen, where 86 vacancies were recorded, followed by the Borders at 47.

Assume a high vacancy rate and regular expenses on the property.

Not surprising, Las Vegas has the highest vacancy rate (15.5 %); San Jose, Calif., has the lowest at 4.9 %.

With the recession and high vacancy rates, these steps can help you persuade the manager to overlook your score and let you rent... (See Renting with bad credit)

A fluctuating and evolving commercial real estate market that has seen high vacancy rates in some areas and changing needs across the country is resulting in more detailed and complex leases.

The apparent contradiction of a strong investment market at a time of high vacancy rates is at odds with a commercial real estate rule of thumb: Property sales rise when leasing is strong.

Developer Marvin Romanek says the strong market is partly because some institutional investors sense a recovery in tenant demand for office space, despite the high vacancy rates.

According to RealtyTrac data and NJ.com, the rate of vacant homes in the Atlantic City area is 3.7 %, which makes it one of the top five metro areas with the highest vacancy rates in the U.S..

Due to overbuilding in the early 1990s, the market has an excess supply of space and the highest vacancy rate (10.31 %) in the tri-county area.

Despite high vacancy rates in a large part of the country, both asking and effective rents are rising.

The loan carried a higher interest rate than is typical in today's market because the high vacancy rate made it less attractive to lenders.

New apartment communities that open their doors in 2017 will probably still enjoy a strong U.S. apartment market — despite a slightly higher vacancy rate and slower rent growth...

Markets with low industrial vacancy rates are Orange County and Los Angeles, while markets with high vacancy rates are Boston and San Jose, Calif..

While southern Johannesburg has historically been plagued by high vacancy rates in its old buildings, the area is now showing one of the lowest vacancies.

High vacancy rates continue to put a damper on commercial borrowing, agrees Samuel Miller, co-chairman and treasurer of Cleveland, Ohio - based Forest City Enterprises.

Johannesburg's office market once again recorded the highest vacancy rate, albeit an improvement from the previous quarter (down to 12.6 % compared to 13.3 % in Q2).

There may be added challenges considering that many properties have a high vacancy rate and deferred maintenance.

Whether you experience high vacancy rates with all of your properties, or just one, it's important that you have a plan in place for quickly getting renters.

On the contrary, when the local office market is weak, with low absorption, high vacancy rate and declining rents office capitalization rates are low.

Similarly, if the office property under consideration entails greater risk than the market average (due for example to higher vacancy rate or poor location) then it should command a higher capitalization rate.

High vacancy rates will bring even the most successful landlord to his knees.

Given high vacancy rates and lenders that are still skittish about committing relatively large amounts for construction and development financing, it is hard to justify breaking ground on new office projects, Reis said.

They are generally not looking to build additional independent units because they may already have a rather high vacancy rate in that area.

This type of interest reserve is typically only offered by banks and institutional lenders for construction loans, but it can be particularly useful in situations where a property has a temporarily high vacancy rate as it gives the owner the necessary time to find more tenants and increase the property's income production.

In fact, with 68.2 % of the residential real estate vacant, the Watch Hill / Weekapaug neighborhood claims the distinction of having a higher vacancy rate than 99.6 % of the neighborhoods in America.

In some cases where the value - add component is a high vacancy rate, the strategy may require investors to accept more risk with little or no dividends in the beginning in exchange for a larger return later.

The report identified the states with the highest vacancy rates as Mississippi (3 percent); Michigan (2.94 percent); Indiana (2.77 percent); Oklahoma (2.73 percent); and Alabama (2.56 percent).

The key question, however, is who would lend $ 1.2 billion to the Kushners to refinance an aging office tower with high vacancy rates?

For instance, the National Association of Realtors reports that in 2014, San Jose, CA had a low vacancy rate of 4.0 %, while Ocean City, NJ had a high vacancy rate of 58.4 %.

With Hartford's traditionally high vacancy rates, pressure is focused on landlord representatives to fill the approximately 25 million - square - foot market, while tenant representatives have an easier time finding space and servicing their clients.