Not exact matches
About Author Amy Bohutinsky is chief operating officer of Zillow Group, a
portfolio of the
largest and most vibrant real estate and home - related brands on Web and mobile, including consumer brands Zillow, Trulia, StreetEasy, HotPads, Naked
Apartments and RealEstate.com.
Again, this is due to the typical acquisition strategy — the purchase of
large municipal / housing
apartment portfolios, with a high level of vacancies & required refurbishment, offers significant purchase discounts.
Which nicely illustrates the rule of thumb for
large portfolio purchases — vacant
apartments are thrown in for free!
Principally, these are investors who have entered the overheated, over-geared
apartment market, and those whose equity
portfolios are dominated by low growth,
large cap companies.
This could impact many people, from those with
large international real property
portfolios to those with a small holiday
apartment in the Mediterranean.
Frenkil is currently a receiver and his company acts as an REO manager for two multifamily properties in addition to managing a
large stabilized
apartment portfolio.
Leading multifamily REITs are selling off properties — starting with the
largest apartment REIT Equity Residential, which announced plans to sell off nearly a quarter of its
apartment portfolio on Oct. 26...
Large regional malls, small strip centers, offices, mixed use, industrial, hotels,
apartments and
portfolios are all available in ARGUS Lease by Lease for Windows.
The
largest is a $ 33.8 million mortgage on a
portfolio of five
apartment buildings in Abilene, TX.
Prior to joining Woodmont, Posey was a regional property manager for Morgan Properties and Edgewood Properties where she oversaw
large portfolios of
apartment communities.
Having worked on both approaches, building a
portfolio of SFR and small MF rentals; as well as working on a sponsor team in raising capital for the purchase of a
large 300 + unit
apartment, I discovered 5 reasons why MF deals can work and make sense alongside a DIY approach.
Managing the complexities of a
large or small
portfolio of
apartments and other lease properties requires a keen eye and efficient processes.
When he bought a
large portfolio of
apartments from Equity Residential (EQR) recently, Barry Sternlicht of Starwood Capital said this was the best
apartment market of his lifetime and he does not expect that to change.