Sentences with phrase «new multifamily»

It has attracted a lot of new residents to many of the new multifamily assets going up but it is also experiencing investor interest in its office market.
A relatively limited amount of new multifamily construction in Northeast Florida has kept the occupancy rate above its historical average, presenting opportunity for increased rent growth.
Fannie Mae closed on a record $ 55.3 billion in multifamily financing in 2016 and did $ 17.4 billion in new multifamily financing in the first quarter of the year.
NIC: On March, 4, the FHFA released housing goals for the GSEs which included a goal to reduce the unpaid principal balance of new multifamily business relative to 2012 by 10 % in 2013.
Construction of new multifamily units has been robust over the past five years, far outpacing that of single - family homes, but most of the product is in pricey markets and pricier neighborhoods, not in areas where demand is highest.
For the first two segments of the 55 + market (new single - family and new multifamily condo sales), an overall index is provided, based on a weighted average of the current, future, and traffic components.
The 55 + multifamily condo HMI is based on the same basic components (present sales, expected sales and traffic) for sales of new multifamily condos.
Typically, the development of new multifamily housing needs plenty of lead time too.
Within the next five to ten years, the implementation of car - charging stations is anticipated to become commonplace for most new multifamily developments.
Only 36,477 new multifamily units were added, the lowest number in more than eight quarters.
According to Census Bureau data of multifamily completions, the share of new multifamily units in buildings with 50 or more units reached a data series high of 48 % during 2014.
After bottoming out two years ago, spending on new multifamily housing has surged more than 76 %.
This acquisition marks Sunroad Enterprises» first for its new multifamily division.
Low apartment vacancies and increasing rents are improving the market for the construction of new multifamily complexes, such as Fountainhouse in Sparks.
If new multifamily construction doesn't ramp up, rent growth could potentially approach 7 percent over the next two years,» Yun said.
Land is often available to build new multifamily, and construction costs can sometimes be less than in busy urban markets.
This is why most of the new multifamily construction is Class A, high - end properties.
In a new multifamily outlook, RealPage's Jay Parsons looks to apartment fundamentals to project market momentum.
By executing deals with innovative solutions over a range of complex capital structures, we help investors seeking to acquire, refinance, renovate or develop new multifamily communities targeted to households seeking safe, decent, affordable housing.
Learn the in's and out's of California's new law coming in 2018 requiring submetering in all new multifamily construction.
Our Dallas regional office sourced $ 105 million in financing for the construction of Elan City Lights, a new multifamily development in Dallas.
Spending on new multifamily residential projects, for instance, gained 1.8 percent for the month in May, and was up year - over-year by 23.9 percent.
Still, the overall trend remains decidedly positive for new multifamily construction activity as the level of spending is 52 % ahead of the pace in February 2012 and has more than doubled the August 2010 low point.
The multifamily sector took a step back in February, with spending on new multifamily projects slipping 2.2 % from January.
Flaherty & Collins Properties is developing two new multifamily projects, Fourth & Race in downtown Cincinnati and Riverhaus in northern Kentucky.
Since the housing crisis in 2008, new multifamily housing starts have reached and exceeded pre-crisis levels.
A study by NAHB economists shows that the increase in the cost of lumber since the beginning of 2017 has been enough to drive up the price of an average new single - family home by $ 6,388, and the market value of an average new multifamily housing unit by $ 2,430.
Between 11,200 and 12,000 new multifamily units are expected to come online in 2015, up from about 8,000 last year.
When I acquire a new multifamily, I immediately set to work getting all the paperwork in order requiring all tenants fill out applications completely.
With new multifamily construction largely stalled and homeownership on the decline, occupancy and rental rates at apartment communities surged, and...
The central Florida city began work on 6.59 million square feet of new multifamily housing in the first six months of 2000.
These are the types of households that are being squeezed by rising rents today, as the majority of new multifamily supply coming on the market consists of class - A apartment buildings.
As homeownership rates decline and renting become more widespread, these ordinances are limiting owners» legal rights to convert unsold condominiums to rentals and, in some cases, to construct new multifamily properties.
Yet investors should use caution, because new multifamily supply here is looking like it will outpace demand.
A new multifamily report now estimates that by 2030, some 4 million new apartments alone will be needed to keep pace with demand.
George Smith Partners arranged $ 105 million in construction financing for client GLJ Partners, for two new multifamily developments in the Inland Empire region of California, according to Vice President Malcolm Davies.
For years, developers have been starting construction on new multifamily communities; meanwhile, demographers have said reassuring things about the demand for apartments, encouraging developers to start construction on even more new multifamily communities.
Thus most new multifamily development built over the past year has fallen into the luxury bucket.
Downtown Milwaukee has seen a boom in new multifamily development with about 600 new units proposed for development.
In contrast to single - family patterns, new multifamily apartment size is down compared to the pre-recession period.
Successfully signed 91 contracts and facilitated addition of 11,715 new multifamily units.
Reference schematics, blueprints, and electrical wiring diagrams to determine wiring needs for new multifamily development projects
The South Korean national government has set a target to have all new multifamily housing achieve zero net energy by 2025, with the Seoul Metropolitan Government going further to set 2023 as its target year.
Nationally, real spending on new multifamily construction showed a long - term upward trend prior to the collapse of the housing bubble, and it has rebounded strongly in the aftermath of the collapse, such that it is currently near its 2006 all - time high.

Not exact matches

This suggests adaptations by many industries — home remodeling leaps to mind — to capitalize, and a whole new field of multifamily household services and family - leader support services.
Ygrene Energy Fund, the leading national provider of residential, commercial and multifamily property assessed clean energy (PACE) financing announced today it has secured a $ 30 million financing facility from the New Energy Capital Infrastructure Credit Fund and related funds which... Continue reading →
Within multifamily, Class B provides one of the most attractive investment opportunities due to the imbalance between the strong and growing demand and limited new supply of these units.
«If you go to court, you're really a loser to begin with,» Cory Weiss, a partner at Ingram Yuzek, told the audience at the New York Multifamily Summit.
Likewise, inexpensive financing encouraged the construction of multifamily housing, and the new inventory has put downward pressure on rents.
LAS VEGAS — A partnership between Henley USA and Tower 16 Capital Partners has created Altura, a new brand of multifamily apartment communities in Las Vegas.
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