- Affordable-Housing Awareness
Sandstone, a multifamily affordable housing property in Fresno, Calif., was developed by AMCAL Multi Housing, which has developed more than 2,200 affordable rental units throughout California. Todd Clarke, CCIM, chief executive officer
- Condominium Considerations
Condominium development is demanding and difficult, but when the timing and market variables are in place it also can be rewarding. With so many conditions affecting the market, a program designed around phased development — which minimizes market risk both
- Rebuilding Multifamily
While some commercial real estate professionals have no problem finding properties to market, in New Orleans, many are trying to rebuild what they used to have. As the city continues to work through the devastating effects of Hurricane Katrina, the
- Multifamily Moves on Up
The national multifamily investment market may have turned a corner in 2009, at least in terms of investor demand. Dollar volume of the sector&rsquo s closed transactions hit an all time low of $2.06 billion in the first quarter of
- Multifamily Trends in 2006
The multifamily sector has experienced steady growth and returns during the past few years, fueled by the hot commercial real estate market and low interest rates. But many in the industry wonder How long can the good times last? Peter
- Value-Add Visionaries
Commercial real estate pros shaking their heads over declining job growth and falling retail sales should remember that people always need places to live. Regardless of market indicators, multifamily is still the sweet spot for a wide range of investors.
- Moving Into Multifamily
Although recent media attention has focused on the ups and downs of single family residential housing, last year's biggest real estate deal in fact the world's biggest real estate deal to date actually took place in the multifamily sector. Tishman
- Smart Property Management Strategies
You’re pretty sure you’ve priced the asset correctly. You’ve looked at comparable apartment communities for sale in the market. You’ve figured the sales price in dollars per unit and dollars per square foot and both seem to be right. Yet
- The Small Stuff
In California's Ventura and northern Los Angeles counties, industrial properties 25,000 square feet and under frequently sell before they even go on the market, says Joe Jusko, a principal at Lee & Associates in Calabasas, Calif. “Availabilities come up very
- Maintaing Value
Listen to this article's accompanying podcast. While stories of plummeting transaction volumes, staggering value declines, and scarce funding plague the commercial real estate industry, the multifamily sector has managed to keep a steady course throughout the economic turbulence. And there’s
- Multifamily Media Frenzy
We’ve all seen the headlines “Apartments Shine as Beacon of Hope” and “Multifamily Sales Defy the Slump.” National newspapers, industry blogs, and local business publications, among others, have joined in a chorus singing the praises of apartment investment opportunities throughout
- Indulging in Luxury Investments
While low interest rates and a hot home buying market have dampened multifamily development in recent years, select regions are experiencing an increased demand for the deluxe from apartment dwellers. In Southern California, the Mid Atlantic, and South Florida, where
- Multifamily Takes Manhattan
For decades, pundits have argued about the ill effects of New York City’s apartment rent control laws. But are these laws good for real estate investors? For certain multifamily owners in today’s market, the answer is a resounding yes, according
- High-Vacancy High-Wire Act
As the nation continues its jobless recovery, all commercial real estate sectors are suffering. However, many market experts thought multifamily demand would pick up by midyear &mdash the result of more robust job creation. &ldquo But the numbers from the
- Back to Fundamentals
Rising interest rates and a lack of inexpensive debt in the finance market have ushered in a more sober tone among multi family investors and lenders. While many investors are opting out of the market, viable long term investment and
- Health, Hospitality, and Home
Buoyed by demographics and macroeconomic
trends, seniors housing is a growing market within the already-healthy
- Multifamily Showdown
Multifamily properties have been a hot commodity in recent years. And potential threats on the horizon in terms of looming interest rate hikes and a growing development pipeline have yet to cool investor enthusiasm. “If you talk to any multifamily
- Mixing It Up: Considerations for a Retail-Residential Development
Looking at one hypothetical project can highlight the opportunities and challenges associated with mixed-use developments.
Mixed-use developments, by definition, include competing and often mutually exclusive interests. A developer wants to attract customers to the corner bistro, but those in the rental prop
- Increasing Interest
The multifamily sector continues to
strengthen, with demand returning to gateway cities as newly popular
destinations continue to attract renters.
- Creative Revitalization
An office-to-multifamily project shows how
adaptive reuse can offer new life to properties once thought past their prime.
- Multifamily Matters
The multifamily market has seen growing interest, leading up to and during the COVID-19 pandemic.
- Multifamily Investment
This bull market continues to charge ahead.
By all accounts, the multifamily investment sales market has been on a bull run in recent years. The fact that the sector was the leader in the real estate recovery and continues to produce solid occupancies and rent growth has caught and held investor inte
- Space Explorations
In Seattle, they’re called SEDUs — small efficiency dwelling units. In Boston, they’re known as innovation units. Chicago has a group of them called Flats. But while there’s variety in what developers call tiny apartments, there’s no question that microunit apartments are big news.
- Renter Nation
A robust apartment development pipeline feeds sustained demand for rental housing.
- Multi-Service Properties Trend