Is Development Back in the Picture in 2010?

At a time when apartment owners are seeking relief from the flagging rental market, development is poised to pick up for the first time since the market downturn.  According to the McGraw-Hill 2010 Construction Outlook Report, multifamily construction will increase 16% nationally in dollar volume and 14% nationally in units built next year, which is … Read more

Capital Markets Update with GP Realty Finance – Part 2 of 2

If you are a Puget Sound apartment investor, the volatility of the capital markets has directly impacted your investment goals.  Whether buying, selling or refinancing, stricter underwriting guidelines than those offered during the Anomaly Period correlate to lower leverage, decreased cash flow and diminished returns.  That being said, apartments are the most attractive, from a … Read more

Capital Markets Update with GP Realty Finance – Part 1 of 2

If you are a Puget Sound apartment investor, the volatility of the capital markets has directly impacted your investment goals.  Whether buying, selling or refinancing, stricter underwriting guidelines than those offered during the Anomaly Period correlate to lower leverage, decreased cash flow and diminished returns.  That being said, apartments are the most attractive, from a … Read more

Seattle CRE Market Drops from #1 to #8

Seattle fell seven spots in the Urban Land Institute’s annual rankings of the top commercial real estate markets in the U.S.  While still in the top 10 markets nationwide for 2010, Seattle was dethroned from its top ranking by Washington, D.C.  Here are the key points from ULI’s “Emerging Trends in Real Estate:” The bad: … Read more

Every Puget Sound Apartment Investor Should Read This Article

Dupre + Scott Apartment Advisors have published an outstanding article on price appreciation and rates of return for different apartment investors throughout the Puget Sound region.  The article contains exhaustive empirical analysis that evaluates returns through a variety of holding periods and market cycles.  Here are some of the key points: For properties purchased from … Read more

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