Posted by Josh Jansen on October 22, 2010 · 1 Comment
Sales Surge As Investors Return to the Market The story of this quarter was undoubtedly the dramatic spike in sales volume. Many more closings are taking place, especially on larger properties, which is very encouraging for the market moving forward to stabilization. The jump in sales volume should be of little surprise, as fundamentals have … Read more
Category Analysis, Commentary · Tagged with apartments, cap rates, coast sperry van ness, commercial real estate, current market conditions, everett apartments, grm, gross rent multiplier, investment, jansen multifamily team, josh jansen, king county, multifamily, net operating income, ppu, price per square foot, price per unit, puget sound, puget sound apartments, recovery, sales volume, seattle, seattle apartments, sf, snohomish county, stabilization
Posted by Josh Jansen on August 30, 2010 · 1 Comment
The real estate market cycle can be divided into four quadrants: Phase I: Recovery: Declining vacancy, no new construction Phase II: Expansion: Declining vacancy, new construction Phase III: Hypersupply: Increasing vacancy, new construction Phase IV: Recession: Increasing vacancy, more completions We are of the belief that our market is moving out of a recession (Phase … Read more
Category Analysis, Commentary · Tagged with apartments, coast sperry van ness, commercial real estate market, construction, current market conditions, Development, everett apartments, expansion, hypersupply, inflation, jansen multifamily team, josh jansen, mortgage bankers association, puget sound, puget sound apartments, recession, recovery, rent growth, seattle, seattle apartments, vacancy
Posted by Josh Jansen on July 16, 2010 · Leave a Comment
The following analysis examines all sales of 5+ unit apartment buildings in King and Snohomish County from April through June of this year. Sales Volume There were 23 total sales of 5+ unit apartment buildings in King and Snohomish County in the second quarter of 2010. This total represents a 35% increase in the number … Read more
Category Analysis, Commentary · Tagged with 2010, apartments, cap rates, coast sperry van ness, current market conditions, everett apartments, grm, gross rent multiplier, investment, jansen multifamily team, josh jansen, market, price appreciation, price per square foot, price per unit, property values, puget sound, puget sound apartments, quarter, real estate, sales trends, sales volume, seattle, seattle apartments, second
Posted by Josh Jansen on April 30, 2010 · 1 Comment
As April comes to a close, we can begin to look back on sales trends from the first quarter of 2010. The following analysis examines all sales of 5+ unit apartment buildings in King and Snohomish County from January through March of this year. Sales Volume 16 total apartment buildings transacted in Q1-2010, a 40% … Read more
Category Analysis, Commentary · Tagged with 2010, apartment, bottom, cap rates, coast sperry van ness, commercial real estate market, current market conditions, everett apartments, first, gross rent multiplier, inflation, interest rates, jansen multifamily team, josh jansen, market, multifamily, pre-anomaly trendline, price per square foot, price per unit, property values, puget sound, puget sound apartments, q1, quarter, sales, sales volume, seattle, seattle apartments, summary, treasury yield, trends
Posted by Josh Jansen on January 11, 2010 · 3 Comments
2010 is a year ripe with opportunity for Puget Sound multifamily investors. You’ve heard the Jansen Multifamily Team recite this mantra ad nauseum. But how, with the credit markets still reeling, does an investor take advantage of upcoming investment opportunities? Answer: Seller financing. Seller financing eliminates the “banking variable” from a transaction, provides the purchaser … Read more
Category Analysis, Commentary, Financing · Tagged with apartments, cash flow, coast sperry van ness, debt coverage, everett apartments, Financing, jansen multifamily team, josh jansen, leverage, liquidity, loan to value, net operating income, puget sound, puget sound apartments, seattle, seattle apartments, seller financing, warren buffet
King/Snohomish County Market Update – Third Quarter 2010
Posted by Josh Jansen on October 22, 2010 · 1 Comment
Sales Surge As Investors Return to the Market The story of this quarter was undoubtedly the dramatic spike in sales volume. Many more closings are taking place, especially on larger properties, which is very encouraging for the market moving forward to stabilization. The jump in sales volume should be of little surprise, as fundamentals have … Read more
Category Analysis, Commentary · Tagged with apartments, cap rates, coast sperry van ness, commercial real estate, current market conditions, everett apartments, grm, gross rent multiplier, investment, jansen multifamily team, josh jansen, king county, multifamily, net operating income, ppu, price per square foot, price per unit, puget sound, puget sound apartments, recovery, sales volume, seattle, seattle apartments, sf, snohomish county, stabilization