Posted by Josh Jansen on December 23, 2009 · Leave a Comment
It truly is better to give than to receive… unless you are an apartment owner. Even owners with the largest of hearts don’t find virtue in concessions, such as “3 months free rent” or “free plasma TV,” decreasing rents and a lack of liquidity in the market. As the apartment market continues its “slide” (for … Read more
Filed under Commentary · Tagged with apartments, cap rates, christmas, coast sperry van ness, commercial real estate market, Development, economy, everett apartments, fannie mae, FHA, Financing, freddie mac, holiday, jansen, josh jansen, multifamily, puget sound, puget sound apartments, real estate trends, recession, seattle, seattle apartments, wish list
Posted by Josh Jansen on December 15, 2009 · Leave a Comment
As 2009 comes to a close, the Puget Sound Apartment market is nursing a hangover brought about by the drunken bender of the previous 5-years. Vacancies are rising. Net Operating Incomes are dropping. Underwriting standards are tightening. The market is, for lack of a better phrase, “giving apartment owners headaches.” Rather than retreat to the … Read more
Filed under Commentary · Tagged with anomaly, apartments, bender, binge, broker, buy, coast sperry van ness, everett apartments, Financing, goals, hangover, headache, investment, jansen, josh jansen, market, multifamily, property management, puget sound, puget sound apartments, real estate, seattle, seattle apartments, sell, Team, trade
Posted by JMT on December 8, 2009 · 2 Comments
Time and time again, publications and economists alike make bold attempts to predict where our national economy is headed over the next 6 months, year, or longer. Economists use key indicators such as Gross Domestic Product and unemployment in order to paint a picture of our future economy. Unfortunately, these indicators have been heavily influenced … Read more
Filed under Commentary · Tagged with apartments, capital markets, coast sperry van ness, commercial real estate, credit, economy, employment, everett apartments, Financing, gdp, jansen multifamily team, josh jansen, liquidity, puget sound, puget sound apartments, real estate trends, recession, rents, roots, seattle, seattle apartments, unemployment, vacancy
JMT’s 2009 Holiday Wish List
Posted by Josh Jansen on December 23, 2009 · Leave a Comment
It truly is better to give than to receive… unless you are an apartment owner. Even owners with the largest of hearts don’t find virtue in concessions, such as “3 months free rent” or “free plasma TV,” decreasing rents and a lack of liquidity in the market. As the apartment market continues its “slide” (for … Read more
Filed under Commentary · Tagged with apartments, cap rates, christmas, coast sperry van ness, commercial real estate market, Development, economy, everett apartments, fannie mae, FHA, Financing, freddie mac, holiday, jansen, josh jansen, multifamily, puget sound, puget sound apartments, real estate trends, recession, seattle, seattle apartments, wish list