Despite
rising multifamily property prices, the city has been attracting attention from major investors due to its growing economy and population, as well as its relative affordability.
Your portfolio has gained an approximate $ 6.5 M JV equity investment in Haven Columbia Pike, a 118 - unit low -
rise multifamily property in Arlington, Virginia.
Tower on Ryan Park is a 141 - unit, high -
rise multifamily property with tremendous upside potential.
Not exact matches
So are
multifamily properties (like duplexes), co-ops, manufactured houses, high -
rises, log homes, mixed - use developments, ranches and weird buildings like geodesic domes.
Valuations for commercial real estate have
risen back to peak levels at the national level for many
property types and geographies —
multifamily in primary and secondary metropolitan areas and CBD office, among them.
Demand for offices should remain solid, and
multifamily properties will benefit from
rising household formation and a shortage of residential housing.
Officials attribute the
rise in all lending to favorable interest rates, but say the
property market conditions are particularly strong for the
multifamily sector.
Multifamily properties benefit from a double - dose of boost —
rising household formation and a shortage of residential housing — which will keep vacancies in check, even with
rising new supply.
Overseas interest in office,
multifamily and hospitality
properties from coast to coast has been
rising steadily all over the U.S., but more so in traditional metropolitan centers such as Los Angeles, New York, San Francisco and Chicago.
Tower on Ryan Park is a 141 - unit high -
rise,
multifamily property located in downtown Mobile, AL..
Construction of
multifamily properties has been on the
rise in most of the top 100 metros.
Sales
rose most in the Midwest, where the contract closings climbed 3.8 percent to a 1.35 million pace from the prior month At the current pace, it would take 4.6 months to sell out housing inventory, compared with 4.7 months in May; less than a five months» supply is a tight market, the Realtors group has said
Properties were on the market for 34 days in June, the same as year ago Single - family home sales climbed 0.8 percent to an annual rate of 4.92 million while purchases of
multifamily properties increased 3.2 percent to a 650,000 pace First - time buyers accounted for 33 percent of all sales, up from 30 percent in May and the highest share since July 2012 Sales driven in gains among most expensive homes, NAR's Yun said.
West End Towers is a 1,000 - unit
multifamily high -
rise property on the Upper West Side of Manhattan.
The industrial sector's popularity
rose to tie with
multifamily for the most desired U.S.
property type by foreign investors last year, according to a fourth quarter survey by the Washington, D.C. - based Association of Foreign Investors in Real Estate (AFIRE).
THIRD QUARTER 2017 ORIGINATIONS UP 21 PERCENT COMPARED TO THIRD QUARTER 2016 A
rise in originations for hotel and health care
properties led the overall increase in commercial /
multifamily lending volumes when compared to the third quarter of 2016.