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
Archive for Multifamily investment
The best time to build Multi-Family may have been last year?
Experts to Share Views on Opportunities at 2010 Real Estate Investor Summit
Kiyosaki Advisors Ken McElroy and Wayne Palmer headline faculty at 8 day event
FOR IMMEDIATE RELEASE
SAN FRANCISCO, CA — The Real Estate Guys(TM) radio show announced that renowned real estate experts Ken McElroy and Wayne Palmer will present their views on current opportunities arising from the real estate crisis during The Real Estate Guys 8th Annual [...]
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 [...]
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
Condos on the Mississippi? Floating?
Here’s an ambitious idea… floating condos on the Mississippi river!
Read about it here: http://nreionline.com/technology/news/floating_condos_mississippi_0428/
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, [...]
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 [...]
Final Tally for Multifamily is Grim in the Fourth Quarter
For months now, apartment executives and industry watchers have lamented what they’re seeing in the marketplace—laid-off workers moving out to find cheaper places to reside and new renters bargaining for more concessions. But only now, as data from the fourth quarter trickles in can we fully understand the carnage that closed out 2008.
Read Full [...]
Is now the best time to invest in Apartments?
Buying a small apartment building could be an attractive investment in the coming years, say industry observers. Read more >