Sentences with phrase «multifamily market»

The phrase "multifamily market" refers to the sector of real estate focused on housing units that are designed to accommodate multiple families or individuals within one building or complex. Full definition
In last month's column, we argued that the strong multifamily market will continue on despite the flood of new supply in the coming years.
This is due to the weak for - sale multifamily market and strength for rental demand.
The strength of the national multifamily market has been driven by a number of factors, especially job and wage growth.
This restoration is reflected in the local multifamily market's improving fundamentals, as well.
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For the better part of a decade, a robust multifamily market has delivered low vacancies and higher rents.
The city's multifamily market displays solid fundamentals and a diverse economic profile, although it remains challenged by a substantial amount of new supply.
Source: «Developer Confidence in Multifamily Market Shows Slight Decline in Fourth Quarter,» National Association of Home Builders (Feb. 27, 2014)
Titcomb sees strength for multifamily markets for 2013, thanks to growing populations of adults under the age of 35 and over 55.
Linda Holmes, director of multifamily marketing for Freddie Mac, believes the investor flight to real estate also plays a role.
The age of the new populace influences the desirability and performance of multifamily markets as well, according to Friedman.
Heller Realty, led by Ben Heller and Arnold Simon, has taken a big bite out of the Brooklyn multifamily market with the $ 206.5 million purchase of an 11 - building portfolio from Douglas Eisenberg's A&E Real Estate, The Real Deal has learned.
A Fannie Mae Multifamily Market Commentary recently reported that the average occupancy at university - owned residence halls nationwide is expected to exceed 97.5 % through 2017.
Several apartment transactions ran through the Greater Memphis Area multifamily market recently, though none have topped the $ 43.6 million sale price ringed in by the 500 - unit Riverset recently
An expanding pipeline and affordability issues are putting pressure on rent growth, but the borough's multifamily market continues to show signs of long - term stability, due to New York's overall strong fundamentals.
Hendricks & Partners calls itself the nation's largest multifamily marketing advisor.
«We foresee little immediate impact on the U.S. multifamily market, largely because the United States is a relatively small trading partner,» the report stated, «but the real danger is the potential that the process of splitting the European Union could create upheaval in global financial markets.»
The venture is part of Baron Properties» strategy to foray into the major multifamily markets of Texas, where the firm has an existing industrial portfolio.
Secondary and tertiary metro areas such as Cleveland, Kansas City and Indianapolis may not offer the sky - high rents and eye - popping investment sales prices seen in core, coastal cities; however, the Midwest multifamily market is still one of considerable strength and opportunity.
While the metrics that drive multifamily marketing may appear to diverge when it comes to senior housing, marketers should not overlook -LSB-...]
Although underperforming against the U.S. average, the area's multifamily market remains stable, fueled by the revitalization of the city's core.
Another factor affecting multifamily markets is a slowdown in new construction.
Investors have responded to high prices and are viewing San Diego as a serious investment, said real estate investment brokerage and researcher Marcus & Millichap's most - recent multifamily market report.
Tucson's multifamily market experienced minimal change from the previous quarter.
Rent Growth Moderates, Demand Persists in Boston «Above - trend population gains and increasing job growth continue to make Boston one of the most stable multifamily markets in the U.S.. Although rent gains have fallen to 2.3 % year - over-year through June, demand remains healthy, supported by highly skilled workers, who are increasingly drawn to the metro's reputation as a regional powerhouse and global innovation hub.»
Despite a slowdown in 2017, the metro's multifamily market performance is in line with its historical averages.
Latest Multifamily Market Cycle Charts now posted via Glenn Mueller, PhD.
Strong population growth and an improving economy have buoyed the Houston multifamily market, even as people begin moving back into their homes following Hurricane Harvey.
If multifamily markets could handle the 230,000 new apartments scheduled to open this year, maybe the markets can also handle a few more apartments than the 161,000 currently scheduled to open in 2017, according to a forecast this summer from Reis.
Looking for anyone with experience in the Atlanta multifamily market (and i'd love to hear form experienced rehabbers as well) and what it takes to get started.
For Rent Media Solutions ™ (FRMS), a leading multifamily marketing resource, is a Diamond Sponsor of the upcoming Multifamily Social Media Summit, a one - of - a kind conference for managers and executives focused on the ROI of social media and content marketing in retaining and attracting new residents.
«Ottawa has one of the most coveted multifamily markets in the country and the demand for high - quality rental units has seen the development of purpose - built rental units,» says Mark Paterson, Ottawa broker of record with Marcus & Millichap.
Bell says it wasn't difficult to drop down to just the general multifamily market, still the best sector, with rents increasing for the past three years and vacancy of 5.5 percent at the low end of historical norms — but he says the leading fundamentals weren't his only guide.
Half of the list was located in California, and seven of the 10 markets were located on the West Coast (all of which is consistent with NREI's previous article on top multifamily markets).
There is even a nice niche for your day job if you network and find BP folks, especially those in the smaller multifamily market (deals too complicated, and out of wheel house of the average home loan person, and maybe too small to attract the folks that do the massive 8 - 9 figure deals..)
The music continued to play in 2015 for the white - hot multifamily market, as many investors saw rents and occupancies climb higher and cap rates fall.
Fannie Mae believes the market is likely to be one of the best performing multifamily markets in the U.S. in 2017, despite a slowdown in economic growth in the fourth quarter of 2016.
As always, @Russell Brazil is correct regarding the DC multifamily market, very competitive, low inventory, and even smaller returns.
In economic turmoil, Florida's major multifamily markets also suffered as owners and operators struggled to maintain occupancy and priced units more reactively.
MPF Research has been a go - to source for multifamily market information since 1961 and became the only provider of real, lease - transaction data designed to give customers transparency for making investment, operations and development decisions.
While many multifamily markets may be reaching dizzying heights, you shouldn't let that deter you.
Per Multifamily Biz, construction starts for seven of the 10 largest US multifamily markets dropped in 2017 when compared to 2016.
Worth surpassed NYC as the most active multifamily market for transactions in the country.
The Great Recession heightened the contrast between the student housing industry and the conventional multifamily market.
Phoenix's multifamily market landed among the national leaders for rent growth in 2017.
As seen in the chart below, rent growth for the affordable housing market was higher than for the corresponding multifamily market for the top five metros.
What eventually saved me was that the Denver multifamily market was starting to sizzle in 2009 because large investors couldn't make any money in the stock market, CDs, or anywhere else.
One reason for optimism about the D.C. multifamily market stems from its employment picture.
Investing in America's multifamily market over the past decade has been a little like riding a bucking bronco.
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