Category: commercial real estate
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‘The Fed may take June’s employment numbers as even more reason to continue a policy of rate hikes to cool down the economy.’
‘the Fed may take June’s employment numbers as even more reason to continue a policy of rate hikes to cool down the economy.’
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Multifamily 2022 Outlook
RENT – 13.7% increase in effective rent Record-low vacancy rates dissipate the need for concessions, stimulating annual rent gains for the 13th year in a row. The average rate will reach $1,876 per month in 2022, ranking Tampa third among…
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2022 1st Quarter Multifamily Recap (12 month Trailing) – Tampa/St. Petersburg/Sarasota/Bradenton/Gulf Coast
Investment Highlights • Tampa-St.Petersburg’s multifamily fundamentals are appealing to a wider range of investors, evident by recent trading activity. Transaction velocity more than doubled the previous year’s pace in 2021, resulting in the largest annual transaction total on record for…
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Mid-Week News and Economic Indicators
“A brave man acknowledges the strength of others.” – Veronica Roth
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Have a great 4th of July!
Happy Independence Day from Dreznin Pappas Commercial Real Estate 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
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Early Signs of Housing Price Recalibration asHigher Interest Rates Stunt Affordability
Multifamily serves as a relief valve. The relational value of rentals is improving as trends in the single-family housing market play out. In many instances, multifamily complexes are in better locations than homes that align with the budgets of most first-time…
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Anxiety, Optimism Collide in Apartment Industry
Periods of extreme optimism and those mired in a rising-inflation environment are circumstances the multifamily housing industry has dealt with before. But rare is today’s mood, according to RealPage’s Jay Parsons: “I’ve never seen so much exuberance about the ‘now’…
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Notable numbers in todays economy (June 24, 2022)
Via Robinhood Weekly News Update 6 notable numbers $156M: How much “Top Gun: Maverick” raked in on opening weekend, a Memorial Day record. Movie-ticket sales hit a 40-year low in 2020, but are rebounding as studios send hit franchises like…
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$260,000+ per Unit sale of Multifamily Complex in Sarasota sets the Record for this class of successful Apartment transactions
💠It is with supreme confidence and great pride that I was able to handle this transaction from the listing and marketing of this fantastic property for a great local family to the successful closing. ⭐️In addition, the Buyers that I…
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Results of 2nd Quarter Market Temperature poll
I asked a couple of questions to 100 investors, owners, vendors and folks in the industry and these are the results What will Investment Real Estate look like for the remainder of 2022? Strong as it has been -58 votes…
The Commercial Real Estate Alpha Site 