Hamilton Zanze CEO Mark Hamilton discusses what
multifamily investors need to know in the coming year.
Not exact matches
Life insurance companies may
need to refinance about $ 19.4 billion of their outstanding balances; credit companies and other
investors will likely see $ 17.1 billion mature by year's end; and $ 11.5 billion worth of
multifamily mortgages held or insured by Fannie Mae, Freddie Mac or FHA / Ginnie Mae may be due to mature in 2015.
WE»LL
NEED THE
MULTIFAMILY MARKET TO WEAKEN FIRST SO APT SELLERS ARE INCENTED TO SELL TO CONDO CONVERSION
INVESTORS BECAUSE THERE»S NO ONE ELSE TO SELL TO.
Many residential real estate agents just don't specialize in
multifamily investment properties or understand the unique
needs of real estate
investors.
For example, a
multifamily investor only
needs to replace one roof for 40 units, versus 40 roofs for 40 separate single - family rentals located in various places, presenting an incredible cost savings to a
multifamily investor over the long term.
It's a well - known fact that «there's a lot more legislation surrounding
multifamily properties so
investors looking into that space
need to have a property management company.
FOSTER CITY, CALIF. — Institutional Property Advisors (IPA), a
multifamily brokerage division of Marcus & Millichap serving the
needs of institutional and major private
investors, has arranged the sale of Harbor Cove Apartment Homes, a 400 - unit waterfront apartment complex in Foster City, Calif., the geographical midpoint between San Francisco and Silicon Valley.
Investors need a higher credit score and more cash reserves to qualify for a
multifamily mortgage, and will pay more in upfront fees or a higher interest rate on the loan.