Still ‘Room to Run’ In This Multifamily Growth Cycle Despite Looming Concerns
The current multifamily growth cycle still has “room to run” as rent growth is on target to exceed 2.5 percent for the seventh straight year, 300,000 units of new supply are coming online, and...
Building Affordable Apartments Means Skipping the Amenities
Skipping the amenities may be a key to building more affordable apartments, according to new consumer research that shows that the most-valued amenity is frequently “low rent.”
One way to provide more affordable rental options...
561-Unit Phoenix Apartment Complexes Sell For $56.7 Million
Phoenix apartment complexes Solano Ridge I and Solano Ridge II Apartments, a 561-unit multifamily housing community located near 35th Avenue and Northern, have sold for a combined price of $56.7 million, according to a...
How Does Rent Control Affect the Value of Multifamily Property?
By Gabe Johansen
SMI Commercial Real Estate
Over the last few months, you have undoubtedly read numerous articles about rent control.
With the passage of SB 608, Oregon has become the first state in the nation to...
A Good Landlord’s Open Letter on Why He Is Getting Out of The Business
Here is one landlord’s open letter on why he’s getting out of the rental property business, and therefore no longer needs our newsletter. It is something he thought we should share with our readers.
By...
6 Steps Every Investor Should Take Before Buying An Apartment Building
Whether you are a first-time investor or an existing apartment owner, here are the top six things to remember before buying an apartment building, according to Carlos Azucena, founder of CFA Property Advisors of...
Real Estate Syndication Investing – 10 Things To Know
If you are thinking of investing in a real estate syndication, especially for multifamily investing, here are 10 things to know from Kim Lisa Taylor, Esq., founding attorney of Syndication Attorneys, PLLC.
By Kim Lisa...
Affordable Housing Community in Downtown Seattle Purchased by Security Properties
A newly constructed 160-unit affordable housing community in downtown Seattle, called HANA, at the intersection of 6th and Yesler, has been acquired by Security Properties and Pacific Life, according to a release.
"Given the well-documented demand...
U.S. Multifamily Outlook Holds Strong and Shines Bright On Multifamily Landscape
Multifamily-industry observers are optimistic that the sector will continue performing strongly and remain popular as an investment vehicle, according to a new multifamily outlook report from Yardi Matrix.
“The National Multifamily Housing Council (NMHC) gathered in...
Everett’s Lakeside Apartments Sell For $6.4 Million
The Lakeside Apartments, a 45-unit segment of a 56 total unit complex located on Beverly Lake in Everett, Washington, has been purchased by a Westland Apartment Investors led group.
The purchase cost is $6.4 million,...