Tag: multifamily
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Are Weakening Apt. Prices More Than A Correction?
PRESENTED BY OCTOBER 12, 2017 | BY CARRIE ROSSENFELD via Globe St Many multifamily investors are uncertain as to the staying power of the expansion, and interest rates are likely to rise further, suggesting that price weakness could persist following the amazing run-up that we…
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SOLD * SOLD * SOLD * 60-unit apartment complex in Sarasota, FL
SBR Commercial Real Estate sells another apartment building
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Developer Ed Pinto pulls the plug on 510-unit affordable housing project on Knights Trail Road in Venice
VENICE — The developer behind John Nolen Gardens said Wednesday that he pulled the plug on the proposed 510-unit apartment complex because he didn’t see support from either city or Sarasota County officials to waive or reduce more than $6.1…
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Bolstered by High Income Growth, Freddie Mac’s AIMI Sees Quarterly Increases
MCLEAN, VA–(Marketwired – Sep 26, 2017) – Today, Freddie Mac (OTCQB: FMCC) announced that multifamily investing conditions grew stronger in the second quarter, both nationally and across the metropolitan markets it tracks through the Multifamily Apartment Investment Market Index(SM) (AIMI). A widely used analytical…
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Prices Rise for Apartment Buildings, But Fewer Properties Sell
Investors are getting pickier about the properties they buy and the prices they are willing to pay. Bendix Anderson via NREI Investors continue to buy fewer apartment properties than they did last year. Yet prices continue to rise. “It’s another down…
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SOLD * SOLD * SOLD * 5-unit apartment complex in Sarasota, FL
The Ridgewood Heights Apartments SOLD : $600,000 September 2017 Only days after Hurricane Irma threatened the Sarasota area, all partners of SBR and parties came together to successfully close the sale of a 5-unit rental property located at 4704 Swift…
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High Construction Volume Softens Multifamily Investor Sentiment
By Mary Salmonsen via MFE (Multifamily Executive) A majority of apartment owners would prefer to hold apartments rather than buy or sell, according to Marcus & Millichap. Investors in the overall commercial real estate market are proceeding with more caution…
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6 Tips to Managing Client Expectations
These tips will help you build longstanding relationships that can withstand the good times as well as the bad. So much work goes into winning new business, regardless of the industry in which you work; there is the initial prospecting,…
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Tampa Value-Add MF Trades for $52.5M
ARA, A Newmark Company completed the $52.5-million sale of Enclave at Wesley Chapel, a 312-unit multifamily asset in Tampa, FL, as well as the agency financing as part of a 1031 exchange for the sale of the suburban value-add property.…
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