Steve Firestone, Managing Partner with Crown Bay Group, joins Michael in Studio One to discuss tips for managing and investing in C-Class apartment properties also referred to as workforce housing. Crown Bay Group typically has 200 to 400 C+ to B- multifamily housing. He notes that they’ve seen great rent growth in recent years. He […]
Kevin Keane, Executive Vice President and COO with the multifamily developer Bainbridge Companies, joins Michael on America’s Commercial Real Estate Show via Skype to discuss opportunities in multifamily development, construction costs, and lender sentiment. Bainbridge develops “basically along I-95,” from Miami to New Jersey. He discusses how construction costs, particularly materials and labor, are […]
Observations and expectations related to multifamily and housing as discussed in the report, Market Expectations and Realities, a combined effort of NAR, Deloitte, and Situs RERC, are discussed, The discussion is held by George Ratiu, Director of Quantitative & Commercial Research with the National Association of Realtors® (NAR). He talks about the continued strength in […]
Tom Walsh, SVP of Grandbridge Real Estate Capital LLC, joins this commercial real estate video cast to talk about how multifamily properties are performing ,lender sentiment for financing such properties, and expectations for the multifamily financing environment, including interest rates, in 2019. He notes that multifamily financing remains “very much of a Fannie and Freddie […]
Jay Parsons, Deputy Chief Economist with RealPage, joins Michael to discuss the multifamily market, including vacancy rates, rent growth, and more. He comments how in the face of impending doom the multifamily keeps on chugging along. Occupancy is at a healthy 94.4% overall, up 40 basis point year over year. Rent growth has accelerated, […]
Doug Ressler, Director of Business Intelligence at Yardi-Matrix, appears on America’s Commercial Real Estate Show to discuss trends in the multifamily market, including market fundamentals, demographic trends affecting multifamily fundamentals, and opportunities for multifamily in growing markets. He first discusses general trends, generally predicting a firm market in the near term. He feels rental rates […]
RentCafe just published its year end rent report. The top line for area multifamily investors again got a boost. In Miami, apartments now cost $1,684 per month, a 4.5% increase from the prior year. By comparison, average rent grew 3.1% nationally. Within the South Florida area, Doral registered as the city with the highest average […]
New supply of multifamily property units, changing demographics, and rising interest rate levels are all combining to have a big impact on the multifamily market. Jay Parsons, Director of Analytics at RealPage, a company that provides property management software solutions for multifamily, commercial, single-family and vacation rental property owners, appears on America’s Commercial Real Estate […]
In this video, RealPage Vice-President Jay Parsons, whose company provides property management software solutions, discusses multifamily property sector performance. Parson discusses rent growth, how the job market is impacting the sector, supply and demand trends, multifamily property property class outlook, new multifamily construction trends and costs of construction trends, cycle outlook, generational drivers in the […]
In this America’s Commercial Real Estate Show episode, Bainbridge Vice President and Chief Operating Office Kevin Keane discusses the multifamily sector, including demand drivers, development trends, regional trends, technology for units, issues with affordability, community access points, parking, ride share, labor shortage, construction costs, and rising rates. The Bainbridge Companies, founded in 1993, is a leading owner, […]
Leaders Tim Bodner and Byron Carlock of global accounting and professional service company PwC appears on The Commercial Real Estate Show with its host Michael to discuss what they view as the impact of the Tax Cuts and Jobs Act on the multifamily commercial property sector. Amng the topics they discuss include reduced tax […]
In this video, Doug Ressler, Director of Business Intelligence at Yardi-Matrix, a leading provider of high-performance software solutions for the real estate industry, joins the show host Michael Bull on America’s Commercial Real Estate Show to assess as well as forecast the multifamily property market. Ressler and Bull discuss occupancy and vacancy trends for multifamily […]
Jay Parsons, Director of Analytics with RealPage, which offers property management software solutions for the multifamily, commercial, single-family and vacation rental housing industries, appears with show host Michael Bull on America’s Commercial Real Estate Show to talk about multifamily performance trends moving into the year of 2018. Among the topics that are discussed are a […]
Dr. Larry Souza, Senior Investment Economist and Advisor with Pillar6 Advisors, joins host Michael Bull on America’s Commercial Real Estate Show to discuss trends and forecasts in multifamily sector. The guest, Dr. Souza, has 26 years of experience within the commercial real estate and financial services industries. Prior to his working with Pillar6 Advisors he […]
Reis Chief Economist & Vice President of Research, Dr. Victor Calanog, provides an assessment of third quarter 2017 Multifamily/Apartment Sector trends. In this video, he discusses multifamily property occupancy rates, multifamily real estate deliveries (new construction), rental rate trends for multifamily properties, and more, all considered on a national level but with information applicable to […]
The host of America’s Commercial Real Estate Show, Michael Bull, is at NAR (National Association of Realtors®) discussing with his guest, Andrew Lomo, Government Affairs Coordinator with IREM (Institute of Real Estate Management), fair housing for rental properties, issues to avoid with rental properties, and what’s new with rental properties. These, of course, are all issues […]
