By Brian Collins, National Mortgage News | Published Date: December 18, 2015
“Federal regulators are concerned about credit and interest rate risk on apartment and other multifamily loans — and warning lenders that they need to be cautious.” Full article…By Bendix Anderson, National Real Estate Investor | Published Date: October 12, 2015
“Apartment property prices may finally stop rising—and even begin to fall—when interest rates start going up. ‘The assumption is that capitalization rates would jump higher with interest rates,’ says Luis Mejia, chief multifamily economist with research firm CoStar Group.” Full Article…By Dave Alley, KEYT/KCOY/KKFX Reporter | Published Date: July 28, 2015
Discusses conservation methods for apartment communities, including encouraging tenants to “do the right thing,” installing ratio utility billing systems (“rubs”), and using water efficient appliances. Full Article…By Miho Favela, World Property Journal | Published Date: May 8, 2015
“According to a California Association of Realtors (C.A.R.) survey of its members about their interactions with investors, with the depletion of available distressed homes on the market over the past two years, more investors are shifting to investing in multifamily properties and away from single-family homes.” Full article…By Editorial in The San Luis Obispo Tribune | Published Date: March 25, 2015
“Mini-storage units will no longer be allowed to be built on land zoned for multifamily housing in the county’s unincorporated areas, the Board of Supervisors decided Tuesday. Good decision. Given the serious shortage of low-cost housing in San Luis Obispo County, the board needs to send a clear message that multifamily land should be reserved […]By Pacific Coast Business Times | Published Date: March 13, 2015
Steven Battaglia was listed in Who’s Who in Commercial Real Estate in the March 13-19, 2015 edition of the Pacific Coast Business Times.By Pacific Coast Business Times | Published Date: March 14, 2014
Steven Battaglia was listed in Who’s Who in Commercial Real Estate in the March 14-20, 2014 edition of the Pacific Coast Business Times.By Steven R. Battaglia, Battaglia Commercial Real Estate | Published Date: January 1, 2014
Starting January 1, 2014, all taxpayers who sell California property in a 1031 exchange and purchase a non-California replacement property will now be required to file the new “1031 Information Return” to the California Franchise Tax Board. This filing must be completed annually until the deferred gain is recognized. In June 2013, the California Legislature […]By Pacific Coast Business Times | Published Date: March 8, 2013
Steven Battaglia was listed in Who’s Who in Commercial Real Estate in the March 8-14, 2013 edition of the Pacific Coast Business Times.By National Association of Home Builders, Daily Real Estate News | Published Date: March 8, 2013
Builders and developers are reporting growing optimism in the apartment and condominium market. …”The apartment and condo markets continue to improve as new household formations generate demand.” Full article…