In this video Kip Sowden, CEO of RREAF Holdings, is interviewed regrding why RREAF, alongside DLP Capital and 3650 REIT, just acquired 21 communities totaling 4,014 units. Discussions include acquisition and exit cap rates, affordability, financing, secondary markets, migration, construction costs, and value add opportunities. This is a great discussion about a real multifamily trade.
Could central business district multifamily performance be the canary in the coal mine for primary markets? How have eviction moratoriums, rising construction costs, and supply issues impacted the multifamily proeprty market? What should multifamily investors expect in the future for performance and cap rates? These questions and others related to investing in apartment/multifamily properties are […]
Office, Retail, and Industrial: Multifamily and Hospitality: The CEO and Chairman of Integra Realty Resources, Anthony Graziano, appears on a commercial real estate show to discuss his firm’s (Integra’s) annual Viewpoint report. Topics include economist’s perspective on the economy, local and national market growth, and expected performance for the major commercial sectors. This is presented […]
Paula Munger, Assistant Vice President of Industry Research with the National Apartment Association, joins America’s Commercial Real Estate Show to discuss some current trends in the multifamily property market. Also discussed are some of the more important legislative issues for apartment properties today, in particular rent control. Also discussed is data they have on their […]
In this episode, Ron Stang, Chairman of Stevens and Wilkonson, joins the show’s host Michael Bull to discuss the multifamily property sector, including cycle outlook, generational drivers in the market, new technology for multifamily, issues with affordability, density conditions impacting multifamily, mixed-use development, adaptive reuses, workforce housing, and multifamily construction costs. The conversation revolves […]
The complete report can be viewed here. Some highlight relevant to Miami and South Florida overall include: The usual suspects open the list of the most expensive areas to rent in South Florida. In July, Fort Lauderdale rents have reached $1,948, and those in Miramar, $1,886. Davie is rapidly catching up, with rents averaging $1,829, […]
Carl Whitaker, Manager of Market Analytics with RealPage, providing property management software solutions for the commercial real estate industry, joins the host of America’s Commercial Real Estate Show to discuss the multifamily market, including investment performance, supply, and rent growth. A chart is displayed showing growth of supply, dominated by the western United States, […]
The April Rent Report issued by RentCafe shows Miami rent levels as above the national average, except for the submarkets within it of Pompano Beach and Hialeah. Rents across the United States saw an upwards move of 3% versus last year to an average of $1,436 per month. As area multifamily investors are gleefully aware, […]
Deputy Chief Economist and VP of Asset Optimization at Real Page Jay Parson discusses the multifamily property market, touching on topics like rent growth, urban vs suburban multifamily trends and observations, construction costs, and apartment supply levels. He talks about the wide difference today between class A and class B properties, with a 40% […]
Steve Firestone, Managing Partner with Crown Bay Group, joins Michael in Studio One to discuss tips for managing and investing in C-Class apartment properties also referred to as workforce housing. Crown Bay Group typically has 200 to 400 C+ to B- multifamily housing. He notes that they’ve seen great rent growth in recent years. He […]
Kevin Keane, Executive Vice President and COO with the multifamily developer Bainbridge Companies, joins Michael on America’s Commercial Real Estate Show via Skype to discuss opportunities in multifamily development, construction costs, and lender sentiment. Bainbridge develops “basically along I-95,” from Miami to New Jersey. He discusses how construction costs, particularly materials and labor, are […]
Observations and expectations related to multifamily and housing as discussed in the report, Market Expectations and Realities, a combined effort of NAR, Deloitte, and Situs RERC, are discussed, The discussion is held by George Ratiu, Director of Quantitative & Commercial Research with the National Association of Realtors® (NAR). He talks about the continued strength in […]
Tom Walsh, SVP of Grandbridge Real Estate Capital LLC, joins this commercial real estate video cast to talk about how multifamily properties are performing ,lender sentiment for financing such properties, and expectations for the multifamily financing environment, including interest rates, in 2019. He notes that multifamily financing remains “very much of a Fannie and Freddie […]
Multifamily housing units under construction remain near multi-decade highs, driven by strong demand. The second chart below shows commercial real estate indices, with apartment prices outperforming other markets. pic.twitter.com/dDJPj9KuUD — Edward ‘Tj’ Gerety III (@EdwardGeretyIII) February 27, 2019
Jay Parsons, Deputy Chief Economist with RealPage, joins Michael to discuss the multifamily market, including vacancy rates, rent growth, and more. He comments how in the face of impending doom the multifamily keeps on chugging along. Occupancy is at a healthy 94.4% overall, up 40 basis point year over year. Rent growth has accelerated, […]
Doug Ressler, Director of Business Intelligence at Yardi-Matrix, appears on America’s Commercial Real Estate Show to discuss trends in the multifamily market, including market fundamentals, demographic trends affecting multifamily fundamentals, and opportunities for multifamily in growing markets. He first discusses general trends, generally predicting a firm market in the near term. He feels rental rates […]
