Investment Insider
I liken the Expansion phase of the investment cycle to an analog in Nature: Summer. If Recovery (Spring) is characterized by the creation of potential, Expansion is all about unleashing that. A market that is in Expansion mode has a palpable energy: hiring is at the highest pace of any point in the cycle. So are occupancy rates, rent growth and absorption. Units that have been in the planning... Read More »
Over the last few months I’ve been telling folks that if they wanted to be a genius in 5 years they should make smart real estate investments now. My other refrain is that they were in no danger of profiting from multifamily investments until they take action. The focus of this article is the fundamental question: “When should I invest in multifamily?” Just as in nature where... Read More »
There’s no doubt that improvements in the long term fundamentals for multifamily investments have made them the darlings of commercial real estate. I was talking yesterday with a researcher at REIS, one of the nation’s most respected real estate tracking firms. His company is predicting the East Portland and Gresham submarkets apartment values to increase by a minimum of 4% a year... Read More »
From CoStar: Investor interest in U.S. multifamily properties continued at a healthy clip at the beginning of 2011, as investment sales dollar volume jumped 40% in the first quarter over the same period last year. More deals closed than in any quarter since mid-2005, according to CoStar Group data. Just under 4,000 multifamily sales transactions were recorded in the quarter at a total volume of $9.4... Read More »
By Erika Schnitzer, Managing Editor Portland, Ore.—Portland-Vancouver-Beaverton has the lowest apartment vacancy rate, 4 percent, among the top 75 U.S. MSAs, according to the U.S. Census Bureau’s latest report. While the unemployment rate has declined, it’s still relatively high at 9.6 percent, according to the U.S. Bureau of Labor Statistics. But, as Greg Frick, partner at HFO Investment Real... Read More »
