Category: Nettamorfasis
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Concerning Headlines in Multifamily
Some RED HOT Headlines from recent sales of Apartments in Florida JUST SOLD | 200-Units in Lakeland, FL | 4.7% Cap Rate ♦ A 200-Unit Apartment Community Built in 1974 ♦ Closed at a 4.7% Trailing Cap Rate ♦…
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SoFla’s office, multifamily sales fall in Q2, year-over-year: report
By Keith Larsen | September 04, 2018 via Therealdeal.com Some of South Florida’s best performing real estate sectors now appear to be showing signs of a cool down — with the exception of Palm Beach County’s multifamily market and the tri-county…
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Multifamily Market Performance in the Late-Stage Real Estate Cycle
via NREI.com As the multifamily real estate cycle moves into its late expansion phase, what can be expected of market performance and investment returns? Sponsored by RED Capital Group By Daniel Hogan As the multifamily real estate cycle moves into…
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SPECIALIZATION in Commercial Real Estate
In our experience, clients are not interested that the brokerage knows the definition of real estate industry cycles. Clients are interested in the brokerage understanding how to navigate these industry cycles, more importantly how to navigate them with your specific…
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Apartment sales are sizzling in Sarasota-Bradenton
via Herald Tribune Written By John Hielscher Staff Writer Sales reflect new global interest in the robust profits that owners are reaping from multi-family investments in Southwest Florida Multi-family housing is so hot in Southwest Florida that even the Aussies are…
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Multifamily Investors Need to Get More Strategic About Value-Add Plays
A good sub-market for a value-add play should show a difference of several hundred dollars between the cost of renting a new, luxury apartment and the cost of renting an older unit. Written by Bendix Anderson | Jul 17, 2018 Multifamily…
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National Apartment Rents Hit New Milestone, Demand for Small Apartments Catches Up with Family-Sized Rentals
via rentcafe.com written by Balazs Szekely Key takeaways: The national average rent reached the all-time high of $1,405 in June 2018, having increased by 2.9 percent year over year, and by 0.9 percent ($12) month over month, according to Yardi…
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Multifamily Investors Are Getting Used to ‘Normal’
U.S. housing construction remains low, and still trails population growth, said John Affleck, CoStar’s director of analytics. “Ongoing deliveries of highly-amenitized, high-rent product will limit rent growth at the high end of the market, but older and more suburban…
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American Residential Acquires 30-Unit Park West Apartments in Tampa
Hyde Park Apartments Sells Two-Story Multifamily Complex for $5.1 Million By JOSH LANHAM American Residential Investment Management, a multifamily investor based in Wake Forest, NC, acquired the 30-unit Park West Apartments from Hyde Park Apartments for $5.1 million, or…
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New Towne Properties Pays $7.8 Million for Waterside Village Apartments
via MARYPAT SCANLON Mallah Enterprises Sells 102-Unit Multifamily Community New Towne Properties, an investor based in Largo, FL, acquired the 102-unit Waterside Village Apartments in St. Petersburg, FL from Mallah Enterprises for $7.8 million, or about $76,000 per unit. Located…
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