Avison Young | Canada’s Post

MULTIFAMILY MINUTE | NUANCED MARKET Westlake | MacArthur Park Apartment Market Q4 2023 vs Q4 2022 In the Westlake | MacArthur Park apartment market, the comparison between Q4 2023 and Q4 2022 unveils a nuanced landscape of investment performance and renter demand. Notably, the median price per square foot (PSF) experienced a substantial decrease of 24%, however, in an interesting contrast, the median price per unit remained unchanged. Additionally, the median capitalization rate saw a slight decrease of 4 basis points (bps). On the renter demand front, there were signs of stability with a modest increase in effective rent per unit of 1%, suggesting that there remains a steady demand for rental units. In addition, the vacancy rate increased marginally by 5 basis points. Transaction volume in the area saw a decline of 14%, totaling 6 transactions for the period. Looking forward, the Westlake | MacArthur Park apartment market is anticipated to see a continued stabilization in pricing as investors adjust to the prevailing higher interest rates and respond to emerging signs of economic stability. Furthermore, there is an optimistic outlook for an increase in transaction volume as the Federal Reserve is expected to lower interest rates in the forthcoming quarters. Are you considering a strategic exit from the market? Let the True North CRE Team be your trusted partner in this journey. Our full-service approach is tailored to empower you with clarity and confidence in every decision you make. Reach out to us for a complimentary valuation to get started. Presented by: True North CRE John Swartz, Los Angeles Apartment Investment Advisor Jacqueline Carroll, Multifamily Specialist #multifamily #realestate #losangeles #investments

**🏙️ Houston's Multifamily Market on the Rise: What It Means for Real Estate Investors** Exciting developments are reshaping Houston's real estate market! From 2023 to 2024, the city welcomed **nearly 50,000 new multifamily units**, reflecting Houston's rapid growth and sustained demand for housing. Interestingly, rent growth in multifamily properties is beginning to balance across various price ranges, offering opportunities for both tenants and investors. As Houston's rental market evolves, this signals a promising time for multifamily investments, long-term leasing options, and even identifying new property development opportunities. The housing landscape is adjusting to meet the city's population influx and economic growth, creating a wealth of potential for those with a solid strategy. **What does this mean for you?** Whether you're an investor seeking high-performing properties, a landlord repositioning your portfolio, or someone looking to navigate Houston's rental ecosystem, staying informed is crucial. 📌 **Let us help you with your real estate journey!** At **The Alam Group**, we specialize in helping clients understand trends, analyze opportunities, and achieve lasting success in Houston’s thriving market. If you're considering buying, selling, or investing in real estate, we’ve got the expertise you need. Let’s talk about your next move! 📩 Reach out today for a consultation. #TheAlamGroup #TevasRealEstateGroup #HoustonRealEstate #MultifamilyInvestments #RentalMarketTrends #HoustonHousingMarket #InvestmentOpportunities #RealEstateNews

📈The market type of Multifamily/Multiplex properties in Sonoma County, CA in June 2024 was a balanced real estate market. This is characterized by equilibrium between the supply of homes and the demand from buyers having six months or more in supply. For a free real estate consultation contact us! #Marketupdate #RealEstateMarket #Sonoma #SonomaCounty #Sonomarealestate #sonomawinecountry #Multifamily #Multiplex #Markettrends www.TheTamsTeam.com

2024 promises to be a year of change in the Greater Toronto Area real estate market. Are you making your next big move? Here's what we can expect from pricing, to sales, and more. Get the inside scoop! https://ow.ly/81nx50QYHW4. #GTAdashHomes #PreConstructionCondos #PlatinumAccess #TorontoCondos #TorontoRealEstate #NewCondos #RealInsights

https://lnkd.in/eWRWx-wq Looking for a lucrative investment opportunity in the multifamily market? Look no further than Lion Real Estate Group in Houston! 🦁🏢 Their innovative investment strategy has proven to be a huge success, yielding high returns for their clients. 💰 Don't miss out on the chance to be a part of their success story. 🔑 With years of experience in the industry, Lion Real Estate Group knows the ins and outs of the Houston multifamily market. They have a keen eye for identifying promising properties and implementing strategic plans to maximize their potential. 📈 Trust in their expertise to help you reach your financial goals. 💼 But it's not just about the numbers for Lion Real Estate Group. They also prioritize creating a community and providing a comfortable living experience for their tenants. 🤝 Their hands-on approach and commitment to quality make them stand out in the competitive multifamily market. 🌇 So why wait? Join the growing number of satisfied investors who have partnered with Lion Real Estate Group. 🤝 Let them guide you towards financial success and a thriving multifamily investment portfolio. 🏦 #LionRealEstateGroup #HoustonMultifamily #InvestmentStrategy #HighReturns #CommunityLiving #Expertise #InvestmentOpportunity #MultifamilyMarket #RealEstateInvesting #SuccessStory

In today’s commercial real estate landscape, the multifamily sector presents unique opportunities despite current market dynamics. With demographic shifts fueling rental demand and homeownership becoming increasingly out of reach, Caliber is strategically positioning its investments to capitalize on these trends. Don’t miss our latest insights on why now could be the right time to invest in multifamily real estate. Read the full blog post here: https://bit.ly/4dtEH3z #CRE #MultifamilyInvestment #RealEstateInsights

Discover the latest buzz in Denver's real estate market! A 165-unit apartment community in Aurora has just sold for a whopping $32 million. This transaction sheds light on the robust nature of the multifamily sector in the Denver metro area. Located in the rapidly expanding suburb of Aurora, this property features a mix of one- and two-bedroom units, appealing to a diverse tenant base from young professionals to families. The sale price, averaging $193,939 per unit, sets a new benchmark for investors eyeing the outskirts of the Aurora submarket. Driven by a strong economy and population growth, the Denver area continues to attract real estate investors seeking quality multifamily assets. Aurora's economic development and growth potential make it a hot spot for future investments. What do you think about the rising demand for multifamily properties in suburban areas like Aurora? Share your thoughts below! #AuroraRealEstate #DenverMarket #MultifamilyInvestment #RealEstateTrends #PropertyInvestment #DenverGrowth #InvestmentOpportunities #RealEstateInsights #AuroraApartments #DenverRealEstate #RealEstateNews #MarketTrends #RealEstateInvesting #PropertyMarket #InvestmentProperties #RealEstateDeals

MULTIFAMILY MINUTE | UNDERLYING STABILITY Palms | Mar Vista | Culver City Apartment Market Q1 2024 vs Q1 2023 The Palms | Mar Vista | Culver City apartment market has experienced a notable shift in the first quarter of 2024 compared to the same period in the previous year. Data from Q1 2024 highlights a significant downturn in market valuations, with the median price per square foot (PSF) dropping by 31% and the median price per unit declining by 33%. This reduction in pricing is accompanied by a subtle increase in the median capitalization rate, which rose by 24 basis points. Despite these downward trends, the rental market shows signs of underlying stability. Effective rent per unit has maintained its ground, remaining consistent year-over-year, even as the overall vacancy rate crept up by 52 basis points. Moreover, transaction volume markedly decreased, with a 63% drop to a total of just six transactions in the period. This cooling in the market is reflective of broader economic trends and investor sentiment. However, there are emerging signs of recovery and adaptation. Investors have begun adjusting to the higher interest rates, and there is a growing sense of economic stability. Looking ahead, we anticipate a rebound in transaction volume spurred by expectations that the Federal Reserve will reduce interest rates starting in the third quarter of 2024. Are you considering a strategic exit from the market? Let the True North CRE Team be your trusted partner in this journey. Our full-service approach is tailored to empower you with clarity and confidence in every decision you make. Reach out to us for a complimentary valuation to get started. We look forward to hearing from you! Presented by: True North CRE John Swartz, Los Angeles Apartment Investment Advisor Jacqueline Carroll, Multifamily Specialist #market #losangeles #culvercity #apartments

The U.S. multifamily market has been one of the most resilient and attractive sectors in the commercial real estate industry for the past decade, but it has been facing some headwinds in recent months. 
Now that we’re a quarter into 2024, we sit down and examine some of the latest statistics about the multifamily market and share our projections for the months ahead. https://lnkd.in/esGQeRh6 #commercialtitle #commercialrealestate #cre #creinsurance #multifamilyhousing #multifamilyrealestate #realestate #2024realestate #realestatemarket #realestateexpert #varealestate #ncrealestate #norfolkva

MULTIFAMILY MINUTE | EVOLVING LANDSCAPE Mid-Wilshire Apartment Market Q4 2023 v Q4 2022 The Mid-Wilshire apartment market has undergone notable changes in Q4 2023 compared to the corresponding period in 2022, illustrating a shift in both investment metrics and renter behavior. The median price per square foot (PSF) saw a significant decrease of 15%, while the median price per unit experienced an even steeper decline of 25%. Additionally, the median capitalization rate surged by 113 basis points (bps). These adjustments signal a considerable softening in property values within this vibrant Los Angeles neighborhood. Renter demand for the period slowed as the effective rent per unit decreased by 5% and the vacancy rate rose a substantial 203 bps. Despite these shifts, the transaction volume in the Mid-Wilshire apartment market only decreased by a modest 7%, totaling 14 transactions for the quarter. Investors see value in the area and are taking advantage of the current pricing adjustments. We expect to see a continued uptick in transaction volume as the market continues to stabilize coupled with the expected decrease in interest rates from the Federal Reserve later in the year. Are you considering a strategic exit from the market? Let the True North CRE Team be your trusted partner in this journey. Our full-service approach is tailored to empower you with clarity and confidence in every decision you make. Reach out to us for a complimentary valuation to get started. Presented by: True North CRE John Swartz, Los Angeles Apartment Investment Advisor Jacqueline Carroll, Multifamily Specialist #multifamily #losangeles #apartments #realestate