Rohcs Property Management Co. has entered the Phoenix
multifamily market with the $ 11.8 million acquisition of Del Sol Apartments in Glendale, Ariz..
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.
HOUSTON — After several years of sluggish rent growth, heavy concessions and tepid absorption brought on by the oil slump, investors are returning to Houston's
multifamily market with quite a bang.
Not exact matches
«
With everyone focused on the super hot Silicon Alley office
market, astute
multifamily investors have started thinking about where the people who work at those firms live,» Silverman told The Real Deal.
Other risks and uncertainties relate to NXRT's business, its industry and its common shares and include: investment risk; changes in interest rates; risks associated
with investing in high
multifamily properties; risks associated
with NXRT's use of leverage; and
market risks generally.
More locally, Schneiderman's most aggressive stances were reserved for
multifamily landlords who were accused of harassing rent - regulated tenants in gentrifying neighborhoods and replacing them
with tenants willing to pay
market rates.
Private capital should be the primary source of financing for
multifamily housing
with a limited, government - backed insurance program ensuring that the
market has access to liquidity in all cycles.
(or see the MHN exec sum here) The paper highlights the role of the GSEs (Government Sponsored Enterprises, i.e. FNMA «Fannie Mae» and FHLMC «Freddie Mac») in today's
multifamily finance
market and presents five recommendations for the future making their points
with a set of charts that demonstrate the size of their role in
multifamily as well as the very low amount of bad loans they've made in the sector.
In this episode, we sit down
with multifamily expert Andrew Cushman, who's actively doing deals in today's
market — and turning big profits.
This includes HUD - subsidized
multifamily communities for older adults and people
with disabilities,
market - rate housing for seniors, non-subsidized housing for persons
with disabilities, housing service coordination / case management, the Thompson Community Center, the facilities management staff, leased and owned facilities and properties held for sale.
Armada Hoffler Properties owns and manages a diversified portfolio of high - quality office, retail and
multifamily assets throughout the Mid-Atlantic and Southeastern United States,
with a concentration of them strategically located in the Greater Baltimore / Washington, D.C. area, Coastal Virginia, and a selection of dynamic
markets throughout the Carolinas.
Thomas Thompson, president of Real Estate Partners, has hired veterans from
multifamily REITs to find potential acquisitions in secondary
markets, where «we aren't competing head - on
with REITs and because we can acquire properties at a reasonable cost,» he says.
Culkin said despite the uptick in
multifamily residential housing, the
market isn't in danger of being over-flooded
with rental choices.
«Our long term relationship
with Fannie Mae and our deep knowledge and experience of the
multifamily market on the West Coast enabled the Greystone team to work quickly and efficiently on behalf of Chateau La Salle,» said Rick Wolf, senior managing director of Greystone's Fannie Mae production team, in a statement.
The
multifamily market is also expected to stay strong
with a continued growth in renters.
While it varies
with the demographics, Frinzi said the growth in
market rate
multifamily residential and student housing generally has outpaced the growth in new construction for senior
multifamily residential or affordable
multifamily residential.
Despite all the construction cranes on the horizon, apartment owners and managers feel that the national apartment
market is getting tighter,
with even more demand from renters, as they have for the last year, according to April's «Quarterly Survey of Apartment Conditions» from the National
Multifamily Housing Council (NMHC).
They may have been willing to venture into secondary
markets for
multifamily acquisitions, reassured by the strong fundamentals in the
multifamily sector, but office buildings and malls had to be located in areas
with the best fundamentals.
«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.
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.
In the Los Angeles metro
market, which tops the nation
with $ 5 billion in current
multifamily / mixed - use construction, many of the leading builders are at full capacity, and some have even had to turn away contracts due to the personnel shortage.
Most of the major commercial real estate sectors show gradually improving fundamentals and are easily absorbing the relatively small amount of new space that is coming online,
with a full recovery already in the
multifamily market, according to the National Association of Realtors ® quarterly commercial real estate forecast.
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.
You can also combine this
with a direct
marketing campaign geared towards
Multifamily owners / landlords.
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).
With a lack of significant new supply in the pipeline, per - unit housing will continue to be primarily influenced by forces in the
multifamily market.
MAA and Colonial Properties Trusthave entered into a definitive agreement under which MAA and Colonial Properties Trust will merge, creating a publicly traded
multifamily REIT
with a pro forma equity
market capitalization of approximately $ 5.1 billion and a total
market capitalization of $ 8.6 billion.
Brian Stoffers, COO, CBRE Capital
Markets, speaks
with NREI Editorial Director David Bodamer about what will drive growth for commercial real estate lending at MBA's Commercial Real Estate Finance /
Multifamily Housing Convention & Expo 2012 in Atlanta.
@Will F. send me a pm, and I'll put you in contact
with a friend that manages
multifamily properties in the Vegas
market.
And on a property class basis, the
multifamily market is coping
with a supply glut that will...
Christopher Seter, Managing Director, Capital
Markets with Rockwood Real Estate, speaks
with NREI Editorial Director David Bodamer on special servicing at MBA's Commercial Real Estate Finance /
Multifamily Housing Convention & Expo 2012 in Atlanta.
At the same time,
multifamily landlords including Equity Residential have contended
with weakness in
markets including Manhattan and San Francisco, where an apartment - construction boom has given residents more bargaining power and limited how much owners can raise rents.
For example, San Francisco's annual rent growth dropped 520 basis points, from 9.9 percent to 4.7 percent, in the second quarter of 2016 when compared
with the same period one year earlier, according to MPF Research, a
multifamily market research firm.
J.J.Smith: Institutional investors, including sovereign wealth funds and pension funds, remain interested in the student housing sector due to their ability to achieve higher returns than they otherwise would through conventional
multifamily housing — provided they're able to find the right opportunities in the right
markets with operators who understand the nuances of the business.
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...
With over a decade of experience in real estate technology he has become a well - known subject matter expert, industry panelist, and trusted advisor, especially within the
multifamily real estate
market.
With all the new apartment projects still coming online, the Cincinnati area might see some softness in rents in the highest end of the
multifamily market, she said.
While influencer
marketing is relatively new in the
multifamily space, apartment communities are getting creative
with their approaches.
There is a lingering nervousness from 2008 that there could be something wrong
with the
multifamily market, much like there was in the single - family
market during the last downturn.
What if your
multifamily is in a very hot
market and everything is very expensive
with super low cap rates.
Multifamily completions are expected to peak in early 2018 — but there are still several
markets with aggressive development activity.
The
multifamily industry is constantly evolving, and it's important to keep up - to - date
with apartment
market intelligence and trends.
The St Petersburg and Tampa real estate
markets have attracted interest from real estate investors all over the world in recent years, but many real estate investors struggle
with finding a trusted local investor - friendly realtor and consultant to represent them and assist
with finding, analyzing, negotiating, acquiring, and managing
multifamily investment properties.
Multifamily Markets — Primary vs Secondary & Tertiary
with John Wilhoit Jr..
Investments are 100 % debt free,
with a focus on residential
multifamily properties in growing
markets.
The
multifamily housing industry is constantly changing — stay ahead of the curve
with our powerful
marketing strategies.
As an active investor and property manager, Jeff is uniquely in touch
with the Tampa - St Pete - Clearwater
multifamily real estate
market, and can help you
market your property in a way that maximizes your return on investment.
NorthMarq Capital's extensive experience placing loans
with Freddie Mac consistently places us among the top three mortgage sellers for one of the two largest investors in the
multifamily market.
Full - Service
Marketing Firm Chosen for Branding, Student Housing Expertise AUSTIN, TX (September 13, 2017): Catalyst, an Austin - based agency specializing in creative marketing for student and multifamily housing, has been awarded a contract with 29th Street Capi
Marketing Firm Chosen for Branding, Student Housing Expertise AUSTIN, TX (September 13, 2017): Catalyst, an Austin - based agency specializing in creative
marketing for student and multifamily housing, has been awarded a contract with 29th Street Capi
marketing for student and
multifamily housing, has been awarded a contract
with 29th Street Capital to...
Cincinnati,
with a population of 2.2 million and an average household income of $ 80,000, has been considered a strong Midwestern
market in which to develop and invest in
multifamily properties.