Recently in an article published by REJournals
http://www.rejournals.com/2010/08/01/multi-family-market-remains-top-performer-in-midwest/
Ed Padilla didn’t hesitate to say the strongest commercial market today continues to be multifamily!
Archive for apartment
REJournals reports MultiFamily remains top market performer
The best time to build Multi-Family may have been last year?
Here’s an interesting article from MultiFamily Executive. Experts agree today there is a shortage of properties and the opportunity for builders is great but the peak of the opportunity was 2009.
Read more here:
http://multifamilyexecutive.com/land-acquisition/a-dirty-shame.aspx?rssLink=A+Dirty+Shame
Apartments Stage a Comeback
We have had a very busy and brisk first half of 2010 here in Iowa. National Real Estate Investor reports an comeback abroad.
Read more here:
http://nreionline.com/news/apartments_stage_comeback_0623/
According to the latest survey of 169 markets across the U.S. by researcher Reis, the national apartment vacancy rate peaked at a record 8% in the fourth quarter of 2009 and [...]
Signs of Life: Multifamily Developers Resume Construction
Great news from Multifamily Executive Magazine!
With Minneapolis Mayor R.T. Ryback and city council members on hand, Village Green Cos. CEO and chairman Jonathan Holtzman joined other members of a development team to break ground late last month on Mill District City Apartments, a 175-unit, mixed-use, market-rate rental community targeted for completion and lease up [...]
Price Improved: Willlowbrook 72 unit apartments/condos
The price has been improved on the Willowbrook 72 unit apartment building converted to condos for lower taxes.
Click here to download the latest flyer and package information.
Contact us for more information or to setup a showing
Global Real Estate Monitor Report- Multifamily Outlook
Recently the Global Real Estate Monitor released a report stating multifamily owners face challenges today but better times are ahead!
The article goes on to talk about “weak demand” and the lower employment and jobs. Fortunately we in the Midwest don’t see these problems like the major metropolitan areas around the country. Yes we lose jobs [...]
Price improvement – Willowbrook Apartments
The price has been improved on the 72 Willowbrook Apartments (condos)
See the attached summary package and contact us for more details or questions.
Willowbrook Package – Aug 2009 summary
MultiFamily Financing Declines
Here is an interesting article from National Real Estate Investor magazine:
Commercial/Multifamily Mortgage Originations Plunge 80% from Fourth Quarter 2007
By Denise Kalette
A new report from the Mortgage Bankers Association (MBA) shows a dramatic drop in commercial and multifamily mortgage loan originations in the fourth quarter of 2008. Originations fell 80% from the same period of 2007, [...]
Apartments forced to go smoke free?
Legislation Forces More Apartments to Go Smoke-Free
The momentum to ban smoking at multifamily properties is growing, with more cites and counties passing legislation that prohibits or discourages lighting up in units, common areas, or both.
Read Full Article
Multifamily Real Estate Trends
As banks and other lenders await the shake-out from an economic stimulus package, credit is tight, and many potential first-time homebuyers are still on the sidelines, continuing to rent apartments. As a result, the multifamily market is maintaining resiliency. George Ratiu, Research Economist, gives us an overview of the multifamily sector. Read [...]
