Monday Multifamily Links
Posted by Josh Jansen on November 28, 2011 · Leave a Comment
A year ago the Marlborough Apartments, 83-units on First Hill, sold for $12.75M. Trinity Real Estate has now sold the project to an unidentified buyer for $26.7M.
The Moda Apartments, a failed condo project from 2006, has been sold to Equity Residential Properties Trust of Chicago for $45.5M.
Ten-Year Treasury Yields are at 1.97 and the big three are all up for the day. The DOW is down a thousand points from the monthly high coming in at 11231.78, the NASDAQ is 300 points down from the monthly high, and the S&P is down about 100 points from its high on November 8th.
Taylor Liska explains the differences between Yield Maintenance and Defeasance and gives some tips on how to handle a commercial real estate loan.
Like this:
Be the first to like this post.
Filed under Commentary, Development, Financing, Investing 101, News · Tagged with cash flow, positive financial leverage, current market conditions, real estate, puget sound, apartments, seattle, multifamily, economy, dupre + scott, property values, commercial real estate market, real estate trends, fannie mae, freddie mac, multifamily lending, interest rates, debt coverage, loan to value, cap rates, loan terms, Development, market, investment, jansen, liquidity, Financing, jansen multifamily team, vacancy, commercial real estate, net operating income, cap gap, inflation, coast sperry van ness, josh jansen, fundamentals, seattle apartments, everett apartments, puget sound apartments, Tony Houts, Houts, tony, JMTBlog, JMT
Monday Multifamily Links
Posted by Josh Jansen on November 28, 2011 · Leave a Comment
A year ago the Marlborough Apartments, 83-units on First Hill, sold for $12.75M. Trinity Real Estate has now sold the project to an unidentified buyer for $26.7M.
The Moda Apartments, a failed condo project from 2006, has been sold to Equity Residential Properties Trust of Chicago for $45.5M.
Ten-Year Treasury Yields are at 1.97 and the big three are all up for the day. The DOW is down a thousand points from the monthly high coming in at 11231.78, the NASDAQ is 300 points down from the monthly high, and the S&P is down about 100 points from its high on November 8th.
Taylor Liska explains the differences between Yield Maintenance and Defeasance and gives some tips on how to handle a commercial real estate loan.
Share this:
Like this:
Filed under Commentary, Development, Financing, Investing 101, News · Tagged with cash flow, positive financial leverage, current market conditions, real estate, puget sound, apartments, seattle, multifamily, economy, dupre + scott, property values, commercial real estate market, real estate trends, fannie mae, freddie mac, multifamily lending, interest rates, debt coverage, loan to value, cap rates, loan terms, Development, market, investment, jansen, liquidity, Financing, jansen multifamily team, vacancy, commercial real estate, net operating income, cap gap, inflation, coast sperry van ness, josh jansen, fundamentals, seattle apartments, everett apartments, puget sound apartments, Tony Houts, Houts, tony, JMTBlog, JMT