Tag: multifamily
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Investing now vs wait and see the ripple effect of CORONAVIRUS
I drafted this blog post in April of 2020… Imagine if you had pushed forward and purchased multifamily in early 2020. Rents and Values have increased in the neighborhood of 35% and that assumes you were at market rates in…
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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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Multifamily for Sale ** Substantial Value-Add ** Priced to Sell ** Properties like this don’t come along often.
www.DP-CRE.com “You’re on with Sean!” in Charlotte County onsite at this Gem of an 11-Unit Multifamily Property For Sale.
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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
Interesting article as Paul has good observations and content. Many are wondering how long ‘the good times’ last and whether inflation or even stagflation can end the run. By Paul Bergeron | June 30, 2022 via Globe St Periods of extreme optimism and those…
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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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