Category: Nettamorfasis
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The rent slowdown continues …
The rent slowdown continues … While we typically see a small pop in rents after the calendar turns each year (and saw a sizable bump in January 2022), there was no pop in January 2023. ~ Jay Parsons
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Reducing your Operating Expense – Presented by Joe LaFleur of 100Units.com via Zoom
This should be a good Zoom call and provide lots of good information to reduce operating expenses on Multifamily. PLEASE JOIN US! 100UNITSMONTHLY SUMMIT Reducing your Operating ExpensePresented byJoe LaFleur WHERE: VIA ZOOMDATE: FEBRUARY 23, 2023TIME: 2:00PM EST1:00PM CST |12:00PM MST |11:00AM PSTJoin…
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Financial Updates and News
Banks Giving ApplePay a Run for its Money A group of banks, including Wells Fargo, J.P. Morgan Chase, Bank of America, and four other banks, are set to partner to create a digital wallet to compete with Apple’s Apple Pay…
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The most active tertiary markets for apartment development.
Check out this map highlighting the most active tertiary markets for apartment development. Multifamily construction isn’t just a major market thing. It’s not just a Sun Belt thing. It’s all over the country at multi-decade highs or all-time highs. Lots…
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Recently Sold by Dreznin Pappas Commercial Real Estate LLC – 4.7 +/- Acres in Sarasota, FL near UTC Mall & University Parkway
Dreznin Pappas Commercial Real Estate LLC helped both Buyer and Seller to transfer a prime piece of property in a highly desired location.
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“I’m just a regular upper-middle-class guy who happens to be a billionaire.” ~ David Tepper via Titan (Goldman, Tesla, Blackrock)
BlackRock making moves – The largest asset manager in the world is dipping its toes in small business 401(k)s, investing in Human Interest, a provider that focuses on small businesses. BlackRock and Human Interest didn’t state the investment amount or…
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2023 Mortgage Forecast: Rates Expected to Decline
Mortgage rates are widely expected to fall this year as inflation recedes and the U.S. economy prepares for the possibility of a modest recession, according to some of the nation’s leading real estate economists. This comes after mortgage rates saw record-breaking…
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Rents are starting to fall across the US — and they’re set to drop even more in 2023
Alcynna Lloyd and Jacob Zinkula Oct 28, 2022 via Business Insider If your rent spiked this year, as it did for many Americans, 2023 could give you reason to celebrate. Tom Lawler, a former Fannie Mae economist, wrote in a recent real estate newsletter…
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Rent prices finally hit a wall
Rents may have reached their price ceiling. “People searching for apartments feel they can’t devote any more of their income to rent,” The Wall Street Journal reports, noting that cities where prices shot up more than 30% during the first…
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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
The Commercial Real Estate Alpha Site 