As rents continue to decline in most major cities nationwide and construction costs remain elevated, operational efficiency and cost savings are top of mind in the development and operation of multifamily properties. At the 2024 GlobeSt.com. Multifamily Fall conference, which took place in Los Angeles this week, PearlX SVP of Sales Simon Herrmann hosted a roundtable discussion on how developers can reduce costs and streamline operations. In addition to Herrmann, panelists included David Lewis of AvalonBay Communities, Rob Gordon of DEX Homes, and Ken Gaitan of Paramount Property Tax Appeal.
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🏘️ The evolving density bonus law is creating new opportunities, says Allen Matkins Partner Timothy Hutter. The Summer 2024 Forecast sees multifamily housing growth ahead, driven by rising home prices, rental rates, and eased regulations. More insights: https://hubs.li/Q02JTNGS0 #Multifamily #CRE #Housing #DensityBonusLaw
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Exciting forecast for multifamily housing! 🏠 The latest Allen Matkins/UCLA Anderson report predicts growth despite a slow start. Increased home prices, rental rates, and new regulatory changes are fueling optimism. Key takeaways: Density Bonus Law: Boosts opportunities for moderate-income housing. 🎯 ED 1 Development: Accelerates entitlements in LA with lower costs. 🏙️ Creative Solutions: Emphasis on repurposing and diverse housing types. 🛠️ Watch for exciting changes in the multifamily market! 📍🔍 Sign up for our weekly newsletter to stay ahead in the game: https://lnkd.in/gBd74ae8 #multifamilyrealestate #realestatemarket #investmentopportunities #housinggrowth #densitybonus #regulatorychanges #realestatedevelopment #housingtrends #marketforecast #propertyinvestment
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Property compliance is multilayered for owners and managers of low-income housing credit (LIHTC) properties, with complexity increasing for mixed-income properties. Those are properties whose renters make up to varying levels, often including market-rate apartments. In this episode of Tax Credit Tuesday’s So You Want to Be a LIHTC Developer series, Michael Novogradac, CPA, and Stephanie Naquin, HCCP, COS, director of multifamily compliance for Novogradac, delve into compliance for mixed-income properties that use the LIHTC. They discuss the definitions of 100% affordable housing and mixed-income housing, recertifications, the next-available-unit rule and more. novogradac.com/ajj
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Join the conversation! The Toronto Regional Real Estate Board's latest statement on the 2024 Federal Budget has sparked discussions. Share your thoughts on their recommendations in the comments below. For all your real estate needs, trust the dedicated professionals at Royal Star Realty Inc. Reach out to us today! #RealEstate #Toronto #FederalBudget
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Dallas County tax valuations are final (pre-litigation) and on average we’re seeing increases of 5%. I think post litigation there’s a very real possibility that taxes are flat for 2024. Operators need it, this is a stark contrast to industrial which increased in Dallas at a historical rate #propertytax
KE Andrews has released our annual multifamily market report, highlighting YOY valuation changes for Dallas County. On average, properties are seeing an increase of $10K per unit compared to prior year valuations. This is much lower than previous years and aligns with the downturn in the market. Follow the link for submarket and class breakouts for the county. https://bit.ly/4cYceS9 #DallasRealEstate #MultifamilyMarket #MarketReports #propertytax #keandrews
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The SVN Multifamily Team is pleased to present an exceptional investment opportunity comprising a diverse portfolio of 55 properties located in the thriving communities of Covington, Newport, and Dayton, Kentucky! This portfolio includes 33 single-family homes, 11 duplexes, 7 triplexes, 2 four-plexes, and 2 five-plexes. These properties are situated in prime locations with excellent connectivity to Cincinnati, OH, via major highways such as I-471, I-275, and I-71/75, offering robust potential for immediate income and long-term appreciation. This 55-property portfolio offers a stable rental income with reduced vacancy risk, value-add opportunities through renovations and strategic property management, and significant upside potential. Detailed financial information, including current rental incomes, occupancy rates, and expenses, is available upon request. Whether you are an experienced investor looking to expand your holdings or seeking a solid entry into the market, this portfolio represents a rare opportunity to acquire a substantial, diversified real estate investment in some of Northern Kentucky’s most desirable communities! Contact Rachel Ridd at Rachel.ridd@svn.com | 859.327.7261, Justin Ryder at Justin.ryder@svn.com | 859.447.3285 or Harrison Lane at Harrison.lane@svn.com | 859.537.1051 for more information. #SVNStoneMultifamily #SFRPortfolio #SFR #NKYMultifamily #CincinnatiMultifamily #Multifamily #MultifamilyInvesting
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North Star Team's Real Estate Essential Vocabulary: Assessed Value 🌟 This week, we're focusing on "Assessed Value"! 🏡✨ This important term reflects how a home’s worth is determined for tax purposes, impacting homeowners across the Denver metro area. Understanding assessed value is key to navigating property taxes and making informed real estate decisions. 🔑 Ready to explore the Denver real estate market? Contact us today! #AssessedValue #RealEstateTips #DenverRealEstate #NorthStarTeam #NavigateRealty #HomeValue #PropertyTaxes #RealEstateVocabulary #DenverMetro #HomeBuying #HomeSelling
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Our multifamily housing industry team at FORVIS provides direct insight to help leaders in the industry move forward with confidence. Watch this short interview with Leslie Bates to learn more.
Welcome to Our Multifamily Housing Practice With Leslie Bates
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Our multifamily housing industry team at FORVIS provides direct insight to help leaders in the industry move forward with confidence. Watch this short interview with Leslie Bates to learn more.
Welcome to Our Multifamily Housing Practice With Leslie Bates
share.forvis.com
