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!
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 [...]
Loopnet reported Multifamily Fundamentals Bouncing Back
Multifamily sector fundamentals are bouncing back after about two years of steady declines, according to Reis Inc.
The New York research firm reported that the sector’s asking and effective rents both rose in the first quarter after dropping in the six preceding quarters, while its national vacancy rate held flat at 8% after [...]
Better Times Ahead for Apartments
National Real Estate Investor Magazine published an interesting article in the Jan/Feb 2010 issue.
http://nreionline.com/property/multifamily/real_estate_better_times_ahead/index.html
Although they talked about the problems around the country with the apartment markets they also talk about the future upside:
“Demographic trends are favorable for the apartment market over the next decade and beyond. In fact, the percentage of U.S. households that rent [...]
Five MultiFamily Stories to watch in 2010
http://MultiFamilyExecutive.com posted an interesting article in January about five stories to watch in 2010!
The link to the article is here: http://multifamilyexecutive.com/multifamily-trends/five-multifamily-stories-to-watch-in-2010.aspx
Property Values continue to drop and financing is at best tough but there are some amazing deals out there compared to a short 12-24 months ago.
Construction starts continue to remain low which could signal a [...]
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 [...]
CMBS: Back in Business?
CoStar Group reported that Commercial Mortgage Backed Securities (CMBS) may be back in business. CMBS was similar to the residential secondary mortgage markets. Loans were group together and sold to investors and this was a large part of what drove the housing boom from 2000-2007 but this is also large part of the recession of [...]
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
