Multifamily (28)

The Generational Divide and Its Impact on Multifamily

Millennials have been talked about ad nauseum —from what they’re eating and wearing, to where they want to live and what they want to buy. But this group, which outweighs GenX by nearly 40% and has recently surpassed the Boomers, is still worth talking about. They’re driving all aspects of our economy —and that includes […]

Read

5 CRE Tech Trends to Watch as 2017 Approaches

Here are 5 CRE tech trends to keep an eye on as we head into the new year. As 2017 draws near, we often reflect on big events that happened, future opportunities, and upcoming trends to help better understand our professional space. In the commercial real estate sector, technology continues to impact the way real […]

Read

3 Ways CRE Data is Helping Owners & Developers

We tend to think of data as a tool for understanding the “big picture.” It’s true that data provides tremendous perspective on industry trends, market conditions, and best practices. Aggregation services that compile this information and present it in a digestible format are worthy of a line in any firm’s budget. The data that’s available for […]

Read

5 Ways CRE Tech Can Replace Excel

Excel has been around since roughly 1985 and although there have definitely been some feature improvements in 30 years, it can only do so much to prevent mistakes. At this point most people know that 90% of spreadsheets have errors, which makes double and triple checking data and calculations a must. Many companies have tried […]

Read

4 Office Amenity Trends That Aren’t Going Anywhere

By definition, a trend is transitory. Like the harem pant, some are thankfully brief. Others have a staying power that is directly related to their lasting relevance. They may endure and become habits or traditions. Sometimes we miss when we try to identify trends with long-term potential. In 1977, Ken Olsen, founder of Digital Equipment […]

Read

5 Places Where the Industrial Sector is Thriving: What We Can Learn

Commercial real estate is having a pretty good run in general these days, but in some markets the industrial sector is particularly active. After some dark days following the downturn in 2008, the industrial market is back in business in a big way. In Q1 of this year, industrial occupancy in the U.S. hit its highest […]

Read

How to Remember and Use More of the CRE News You Read

In commercial real estate it’s all about keeping your fingers on the pulse of the market. You want to know when a new development is being built, who is moving employees in, who is losing employers, what analyst are predicting for an area, etc. And while there are many CRE news sites out there catering […]

Read

Did Relaxed Restrictions Help Foreign Investment in U.S. CRE?

In December of 2015 the U.S. government eased a number of restrictions that were said to be suppressing potentially billions of dollars in foreign capital. Among the changes foreign investors are no longer restricted to holding only a 5% share in a REIT, they can now hold a 10% share without being subjected to paying […]

Read

REscour TSW Discuss Urban Planning Effects on CRE

REscour TSW Discuss Urban Planning Effects on CRE   We sat down with city planner Caleb Racicot to ask a few questions of interest regarding urban planning and policies that affect commercial real estate. Based in Atlanta, Georgia, TSW is an award-winning, full-service planning, architecture, and landscape architecture firm. As Senior Principal, Caleb Racicot serves as […]

Read

Infographic on 20 Apartment Amenities Millennials Want

Millennials make up the largest generation in US history, according to statistics accumulated by Goldman Sachs. With that, the impact of their working and spending habits on multifamily real estate will grow significantly with time. Millennials are more tech-savvy, marrying later, and moving more. Due to additional economic influences, more and more millennials are changing […]

Read

A Visualization on Rental Statistics for 3 Major Markets

We recently collected a multitude of statistics taken from the American Community Survey and picked a few major markets that peaked our interest to create a visualization on rental statistics. The following infographic relays key points on rental rates and the predictions on future growth in 3 major markets – Atlanta, Dallas, and San Francisco. According […]

Read

Breaking Down 2016 Multi-Family Rent Trends by Region

The multi-family market continues to enjoy steady growth, and demand is high nationwide, despite an increase in new properties. Cap rates in primary markets are at 4-5%, while secondary cities including Houston, Las Vegas, San Antonio, Raleigh-Durham, Pittsburgh, Nashville, and Cincinnati stand slightly higher, at 5-6%. Multi-family rent growth maintains its pace and doesn’t show […]

Read

Shared Green Spaces Take Hold in Multi-Family Market

As the proportion of the population that rents their home continues to climb, so do expectations for apartment homes. In many cases, people are choosing to live in apartments rather than buying a home because of amenities and convenience.  To attract and retain desirable tenants, the multifamily sector is enhancing properties with appealing features, one […]

Read

5 Reasons #CRE is Slow to Adopt Tech (and How to Encourage Adoption)

Why we are so slow to adopt tech change in #CRE! A recent report from the Altus Group gives some insight into the current situation.  It surveyed more than 300 international CRE executives and made some findings that illustrate how our industry is lagging in technology adoption. The study found that nearly 1/3 of the […]

Read

Why Millennials invest in personal growth instead of homes

Ashley is a long term renter already, and she doesn’t see that changing any time in the future. She has been renting for about a decade and can see another decade of renting ahead of her. REscour sat down with Ashley to talk about why she, along with 60% of millennials, don’t see buying a […]

Read

3 Multifamily Market Trends Expected to Continue in 2016 (and Why!)

The multi-family rental market has performed very strongly in the years since the financial crisis. Rents have increased steadily, high demand has kept vacancies low, and job growth has created new markets for multi-family housing. The experts are predicting that these 3 multifamily market trends will continue. We’ll look at the what and why of […]

Read

REscour’s Broker Spotlight with John Banas

We’re back with another Broker Spotlight to bring you knowledge directly from multifamily professionals. This month we had the pleasure of interviewing John Banas Senior Vice President at the Philadelphia Office for Colliers International. John has been in commercial real estate for 10 years now after owning health clubs for 11 years where he met […]

Read

3 Technology Resolutions CRE Brokers Should Make for a More Efficient New Year

New Year’s resolutions are ubiquitous through January into February. And there’s good reason for that: it’s healthy and invigorating to take stock of progress and make plans for improvement. Resolutions start with reflection, which is something we could all do more of.  CRE brokers might reflect on their performance in a number of areas: overall customer […]

Read

Fresh Opportunities in Multifamily: Promising Senior Housing States

We’ve spent a good amount of time writing about the population multifamily seems to be focusing on the most: Millennials. And based on their behavior it is easy to roll over those trends to Gen-Z, but there is another population multifamily professionals should be looking at too: The Older Adults. We’re talking Baby Boomers and […]

Read

Millennials and Gen Z-ers Thoughts on Common Space and Micro Units

In early November The Atlantic released a very interesting, heavily circulated article entitled “Dorms for Grownups: A Solution for Lonely Millennials?” It is incredibly fascinating and we encourage everyone to read it. It also had us thinking about a few things, like is this something millennials and Gen Z-ers would really even want, what is […]

Read

The 2016 Multifamily Market Watch List

On December 3rd the 2015 Bisnow Multifamily Annual Conference took place. We’re going to take this time to shamelessly plug that we had a big product launch that happened at BMAC you can read all about here. Back to the point, the last panel of the day spoke about secondary and tertiary cities on the […]

Read

REscour’s Year in REview

We have had an incredible year as a commercial real estate tech startup company in 2015. We hired, we announced, we consumed, and we collected any commercial real estate data we could get our hands on. We wanted to begin 2016 by taking a minute to reflect on our 2015 year in REview. Below you’ll […]

Read

REscour Brings Research Tools to Multifamily Industry and is Newest tBL Marketplace Partner

Finally, the multifamily industry has some incredible power and research tools to manage the myriad of information that can circle around a single asset. With the REscour product, the information is literally a click or two away. (pronounced “re” indicating repetition or the abbreviation for real estate and “scour” as in to thoroughly search in […]

Read

3 Steps To Underwriting A Multifamily Investment

The multifamily market has recovered better than most asset classes from the great recession and we’re seeing a seller’s market all across the country. With cap rates at historical lows, it’s more important than ever to be diligent when underwriting a multifamily investment. Step 1 – Knowing My Exit Strategy – Beginning With The End […]

Read

Sperry Van Ness in Phoenix Announces Recent Leasing and Sales Transactions for May

OFFICE LEASES: Arizona Health Advantage signed a 4,482 SF lease at 2423 W Dunlap Avenue in Phoenix. Justin Horwitz represented the tenant in the transaction. Justin Horwitz represented Ideal Physical Therapy to lease 2,206 SF of office space at Anasazi Plaza in Phoenix. RETAIL LEASES: Saffron Indian Cuisine leased 1,830 SF at the Union Hills […]

Read

Sperry Van Ness, LLC Announces the Sale of Desert Atrium Apartments in Tucson

Phoenix, Arizona – April 4, 2013 – Neil Sherman and Danny Lee, both Partners in the Phoenix office of Sperry Van Ness, LLC, recently closed the 37 unit Desert Atrium Apartments located at 8750 E Cooper Street in Tucson, Arizona. This bank owned, 28,872 SF multifamily project received multiple offers as the market continued to […]

Read

Two sold, One week — LA Multifamily Deals

On January 15th Wolf Baschung, CCIM, CPM closed the sale of a 7 town home, 7,057 sf multifamily complex located at 7721 St Bernard St, Playa del Rey, CA. The property traded at $2,050,000 or $292,857 per unit and 13.64 times the annual income. Built in 1962, the complex consists of six 2 bed/1.5 bath […]

Read
Do NOT follow this link or you will be banned from the site!