By Bendix Anderson, National Real Estate Investor | Published Date: February 8, 2013
Multifamily borrowers will have more choices in 2013, as more lenders compete to make permanent loans to apartment properties. … “Low interest rates are prompting borrowers to finance, and improving property markets are helping more deals underwrite successfully. The relative strength of commercial and multifamily mortgages as investments continues to fuel lenders’ appetites.” Full article…By Mark Obrinsky, National Real Estate Investor | Published Date: December 19, 2012
Everything seems to be going right for the apartment industry. Demand is growing. New supply remains constrained. Rents are rising a little faster than overall inflation. Occupancy rates have rebounded to normal levels in most markets. Real estate investors still find apartments an attractive asset class and financing is mostly available. For the next few […]By Dawn Wotapka, Wall Street Journal | Published Date: January 5, 2012
“The nation’s apartment-vacancy rate in the fourth quarter fell to its lowest level since late 2001 as Americans continued to favor renting homes instead of buying them. … Multifamily property has been the star of the real-estate sector for more than a year, generating profits for landlords..” Full article…By Richard A. Epstein, Wall Street Journal | Published Date: January 4, 2012
An opinion column on why “private apartment owners should not have to fund a public welfare program.” Rent control adversely affects apartment owners by allowing “a tenant to remain in possession of property after the xpireation of a lease at below-market rents.” Full article…By Victor Calanog, Contributing Columnist, National Real Estate Investor | Published Date: December 27, 2011
“Multifamily properties have outperformed other commercial property types in the past two years, benefiting directly from the continuing travails of the for-sale housing market. … Multifamily properties will continue to benefit from a convergence of positive factors: first, as the for-sale housing market continues to struggle, fewer households will make the transition from renting to […]By Susan Piperato, Managing Editor, National Real Estate Investor | Published Date: September 9, 2011
“Multifamily housing is leading commercial real estate’s recovery with strong rent growth, rising values and high occupancies, which is enticing non-traditional funding sources—especially life insurance companies—to attempt to gain market share. James Tramuto, the Houston, Texas-based executive vice president of Jones Lang LaSalle’s capital markets group, real estate investment banking, notes that major life insurance […]By Victor Calanog, Contributing Columnist, National Real Estate Investor (NREI) | Published Date: June 14, 2011
Summary statement. Full article…By National Real Estate Investor Staff | Published Date: June 1, 2011
Real estate investment firm Kennedy Wilson and its partners have acquired Bella Vista at Hilltop, a 1,008-unit multifamily community in San Pablo, Calif., for $140.5 million. The sale represents the largest single multifamily transaction by number of units thus far in 2011, according to Real Capital Analytics. Full article…By Steven R. Battaglia, Battaglia Commercial Real Estate | Published Date: March 22, 2011
Foreclosure activity slowed significantly across the board in February with filings down in Arizona, California, Nevada, Oregon and Washington. Foreclosure sales saw a similar deep dip throughout our coverage area, a dramatic about face from the surge in sales seen in January. The declines are only partly due to February having fewer filing and trustee […]By Steven R. Battaglia, Battaglia Commercial Real Estate | Published Date: March 3, 2011
A Summary of the 2011 Santa Barbara County Real Estate and Economic Forecast By Steven R. Battaglia Santa Barbara, California, March 4, 2011 – Mark Schniepp, Director of the California Economic Forecast, shared an encouraging presentation entitled “Turnaround Underway” at the 2011 Santa Barbara County Real Estate and Economic Forecast on March 3, 2011. The […]