Category: multifamily
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‘Here are 5 big stories on rental housing you might have missed during the holiday break. These are some big headlines that were hard to ignore!’ ~ Jay Parsons
‘Here are 5 big stories on rental housing you might have missed during the holiday break. These are some big headlines that were hard to ignore!’ ~ Jay Parsons
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In an ocean of new Class A multifamily in Sarasota, FL one complex is set up to cater to the working class.
SARASOTA, Fla. (WWSB) — The Sarasota Housing Authority has finally opened the doors to the brand new Lofts on Lemon apartment building. The Lofts on Lemon is a 128-unit apartment building located near 9th St. and Lemon Ave. in Sarasota.…
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Fed may be leaning towards a reduction in rate increases
The Consumer Price index rose 7.1% in November compared with a year ago, lower than October’s 7.7% pace and sharply down from June’s 9.1% peak. It’s the slowest year-over-year increase in 12 months and is a sign that the Fed’s…
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“I believe that if you show people the problems and you show them the solutions, they will be moved to act.” – Bill Gates
“I believe that if you show people the problems and you show them the solutions, they will be moved to act.” – Bill Gates
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Renter incomes continue to grow, but the pace is moderating … and interestingly, the moderating pace of growth mirrors the trend in asking rents.
Renter incomes continue to grow, but the pace is moderating … and interestingly, the moderating pace of growth mirrors the trend in asking rents.
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Fair market rents in Sarasota region up nearly 35% over 2019
Although home prices are stabilizing, fair market rents in the North Port-Sarasota-Bradenton metro area are up by 34.5% over 2019 as market pressures continue in the wake of the pandemic.
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“We will stay the course until the job is done.”– Jerome Powell
Powell Softens Stance In a speech Wednesday, Federal Reserve Chairman Jerome Powell seemed to signal a potential slowdown in interest rate hikes. Powell said, “the time for moderating the pace of rate increases may come as soon as the December…
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Hope you and your families have an Awesome Thanksgiving!
The cost of a turkey could be up by 73% this year! You can bet whoever is preparing the Thanksgiving feast will bring up how much more expensive everything is.
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8 Reasons Why You Should Consider an Agency Loan
If you’re looking for a multifamily real estate loan, you may wish to consider an agency loan. Agency loans are loans backed by government-sponsored enterprises (GSEs), such as Fannie Mae or Freddie Mac. Here are eight reasons to consider an agency loan for…
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JPMorgan invests $1B in rental homes w/(Commentary as well)
For anyone thinking that deal flow and new rental housing development would grind to a halt due to high rates … not so fast. We certainly will see acquisitions and new starts slow, but announcements like this one (JPMorgan investing…
The Commercial Real Estate Alpha Site 