Sentences with phrase «multifamily assets»
The phrase "multifamily assets" refers to properties or buildings that are designed to accommodate multiple families or households. It typically includes apartment complexes, condominiums, or townhouses where multiple homes are located within the same building or community. Full definition
Fifty - five percent of respondents say they plan to acquire multifamily assets in the next 12 months.
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There's no doubt that now is an interesting time in the mortgage market for multifamily assets located in secondary locations, brimming with potential, promise and uncertainty.
Debt providers are becoming more active in lending on multifamily assets, panelists said.
He believes buying more multifamily assets throughout your life will help build wealth.
In addition, the partners will gain an ownership stake in 14 multifamily assets containing 5,000 apartment units.
There is not much financing available for ultra luxury multifamily assets.
Institutional investors, pension funds, international investors and the larger REITs have long been in hot pursuit of multifamily assets in core, primary markets.
Eric Griffin, vice president of multifamily asset management at Pearlmark Real Estate Partners, talks revenue management.
Asian Money Pouring Into U.S. Multifamily Assets at Historic Pace «U.S. multifamily has seen a significant increase in investment volumes by Asian buyers so far in 2014, with $ 522 million of transactions completed from January through August.
Developers and investors have committed billions to the development, redevelopment and acquisition of multifamily assets across the nation this year.
Underground storage tanks can also be an issue for older multifamily assets as they have a useful life of only 15 to 20 years, resulting in multiple generations of tanks that often lack proper closure reports when replaced or during conversion to an alternative fuel source.
Investor interest remains high, with $ 860 million in multifamily assets trading in Richmond last year.
Similar to The Wellington, this research - led acquisition demonstrates our disciplined capital allocation through the purchase of value - add, urban - infill multifamily assets with strong income growth potential at a significant discount to replacement cost.
Since then, LIHTC properties have provided numerous opportunities for investors as they can often outperform traditional multifamily assets when it comes to investment returns.
If we saw some significant reduction in the foreign capital being invested in U.S. multifamily assets, then that would impact property values.
With the ever - changing landscape of debt and equity sources, market competition for multifamily assets remains strong, placing pressure on borrowers to include sufficient capital reserves in their underwriting models and solidify their offerings...
The property is a pre-war multifamily asset in the heart of Boerum Hill, within walking distance to three of Brooklyn's premier retail corridors Court Street, Smith Street & Atlantic Avenue.
TerraCRG has been retained to exclusively represent ownership in the sale of the two corner multifamily assets at 719 - 723 & 704 Eighth Avenue in Park Slope.
Mobile home park investments tend to trade at a capitalization rates (net income divided by purchase price) anywhere from 1 - 3 percentage points higher than comparable quality multifamily assets.
Covenant Capital Group has sold two of its recently renovated multifamily assets in Greenville, S.C., to Blue Rock Premier Properties.
In the U.S., the company is focusing on value - add multifamily assets in less - glitzy markets like Indianapolis; Kansas City, Mo.; and Columbus, Ohio.
On behalf of Eurohypo AG, New York Branch, Jones Lang LaSalle's Capital Markets has closed the sale of $ 760 million in loans, secured by a portfolio of office, retail, industrial and multifamily assets located in major markets around the United...
Greystar Real Estate Partners and Goldman Sachs & Co. have entered into a joint venture agreement to purchase a $ 1.5 billion portfolio of multifamily assets from Equity Residential.
Multifamily assets pulled in just over $ 158 billion in deal activity in 2016, compared to approximately $ 153 billion in 2015, according to RCA.
However, low cap rates on multifamily assets coupled with flattening rents mean these deals are becoming increasingly difficult to underwrite, Circ adds.
Multifamily assets used to comprise about 15 percent of CMBS issuance prior to the financial crisis, but the figure dropped to less than 5 percent in 2017.
While office and multifamily assets continue to garner the lion's share...
The performance of office properties over time is considered to be inherently more volatile as it depends on the health of the economy, compared to the more stable multifamily assets, Moody's report notes.
Avanath Capital Management, LLC, a private real estate investment manager that specializes in affordable and workforce housing, has acquired two affordable multifamily assets, including Silver Springs, a 251 - unit property in the Seattle metro suburb of Kent, Washington, as well as Oak Village, a 117 - unit property in Oakland, California.
We utilize a proven business model in acquiring and repositioning existing multifamily assets.
The partnership will acquire multiple multifamily assets in the coming months, targeting value - add opportunities and applying renovations under the Altura brand.
A bank will look at a commercial multifamily asset and loan, or refinance your loan, based on something called the Net Operating Income (NOI).
Lubert - Adler, in joint venture with Candlebrook Properties, is upgrading and repositioning a neglected multifamily asset near the premier regional shopping mall in King of Prussia, PA..
The CLO provides for a replenishment period for primarily multifamily assets, giving the asset manager, Hunt Investment Management, the ability to replace collateral with qualifying hunt mortgage group loans as existing deals mature or pay - off.
Insight and Fundrise - affiliate RSE Capital acquired two NoVa Class - B multifamily assets for $ 57.9 M outside of the Fort Belvoir military base.
Before that, he was a partner in a private equity real estate firm that was focused on the acquisition and repositioning of distressed multifamily assets.
«This offering provided investors an opportunity to own not only the largest, but also one of the best multifamily assets in Pierce County,» said Young.
The Pinnacle Family of Companies, founded in 1980, is a privately held organization that invests, develops and manages multifamily assets across the United States.
«Opportunities to acquire larger multifamily assets in the mid-peninsula market are extremely rare.
Alan Brymer is the Managing Director of Key Elements Capital, a boutique value - add real estate investment firm focused on acquiring, improving, and operating multifamily assets at a low basis while providing otherwise unobtainable real estate investment opportunities with reduced risk to clients.
He added that the higher - than - average property value is the result of its proximity to Roscoe Village and Logan Square, where multifamily assets have been experiencing rapid price increases.
The Praedium group completes a $ 48.5 million apartment acquisition; Greystone refinances two South Florida multifamily assets; and Centerline provides $ 3.4 million for an acquisition in San Antonio.
More than $ 780 million in multifamily assets changed hands by July 2017, placing the metro on track to surpass the $ 1 billion mark for the third consecutive year.
«ArborCrowd's sweetspot is finding multifamily assets that need physical and operational improvements, and turning them around at a profit.
Part two of an interview with Eric Griffin, vice president of multifamily asset management at Pearlmark Real Estate Partners, about revenue management.
Centerline Capital Group, a provider of real estate financing services for market - rate and affordable multifamily housing has recently provided a $ 10.4 million Freddie Mac conventional loan to refinance Cedar Pointe Apartments, a 210 - unit multifamily asset in the Greater Nashville Area.
One of the successors to fused panels, Federal Pacific Stablock Panels, were installed in all regions of the U.S. during the late 1960s through mid-1980s and are commonly found in older multifamily assets.