Category: multifamily
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The Factors That help to Make Multifamily Real Estate Recession-Proof
(MENAFN– Evertise Digital) Sarasota, Florida, United States, November 22, 2023 – In real estate, where the winds of economic downturns can shift markets in unpredictable ways, one sector has proven to anchor stability: Multifamily Real Estate. As investors navigate the complexities of…
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A New Affordable Housing Project Is Headed to North Tamiami Trail
New Trail Plaza in Sarasota will bring almost 100 units entirely dedicated to workforce and affordable housing tenants. By Kim Doleatto February 15, 2024. via Sarasota Magazine. For the full story and similar articles, CLICK HERE <—– P.J. Brooks (left) and Scott…
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Rent Concessions: Are They Worth It To Multifamily Owners?
By Kristi Mergenhagen Author. via rentprep.com To some landlords, it might be hard to understand why you would want to give tenants discounts, free rent coverage, and other rent concessions. What is a monthly rent concession, after all? One would…
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Work, Work, Work, Work, Work…
Workers called it quits less frequently in 2023 as Americans quitting jobs declined by 12% compared to the year prior, the Labor Department said Tuesday. In December alone, quits fell to the lowest monthly level in nearly three years, after…
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Very insightful and interesting podcast regarding 2023 Multifamily recap and a view into what you might expect in 2024.
Via Bigger Pockets Real Estate Podcast With guests Brian Burke and Matt Faircloth https://podcasts.apple.com/us/podcast/biggerpockets-real-estate-podcast/id594419649?i=1000642457225 Multifamily real estate has crashed, but we’re not at the bottom yet. With more debt coming due, expenses rising, incomes falling, and owners feeling desperate, there’s…
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@StripMallGuy revealed by The Real Deal
If you follow @stripmallguy and engage from time to time as I do, you will enjoy this article by The Real Deal as they spend some time and get to know Strip Mall Guy from ‘X’ (Twitter). Some say the…
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The Science and Reality behind Multifamily Syndication and what it looks like in 2024.
The following are pieces of a report and update from a Multifamily syndication company and a peek behind the curtain of some of the their positive strides and trials and tribulations of staying on the path of success for investors…
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Realpage Webcast Replay – Market Intelligence 2023 – A Year in Review
This was an awesome webcast with such impactful and insightful research from Charles and Jay. Just a first class review by Realpage and a nice look into metrics for 2024. https://www.realpage.com/webcasts/market-intelligence-year-in-review-2023/ Here are a few Realpage webcasts to choose from….…
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BTR Deliveries Surge While Starts Dwindle
We have somewhere between 6 and 10 of these massive projects already completed and renting or in ground up or lease up right now (Lakewood Ranch, FL) Northmarq cites difficulty in obtaining capital for new projects as one reason. By…
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Which smaller markets grew at the fastest rental rates in 2023?
It’s always nice to see my current and hometown of Sarasota, FL on the list! – Jay Parson’s (Realpage) follow up to ‘Which (larger) markets grew at fastest rates’ <–Click on Jay’s name to visit this full article and heaps…