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Trouble Coming?

As an old REO guy who has focused on distressed, foreclosed and value added multifamily over the course of a near 40-year career, I can’t help but be drawn to articles addressing distressed CRE loans and properties. There’s been some discussion …

Professional Fraudsters

Renter fraud is rising to new levels and becoming more and more common. In today’s digital world creating incredibly authentic looking false or fabricated documents has become far easier. The article states that only 17% of apartment owners …

Walker & Dunlop Summer Conference – Willy Walker

Recorded at Walker & Dunlop’s recent annual summer conference in Sun Valley, this is must-see TV. Willy addresses a broad range of topics including interest rates, housing prices, asset classes, single/multifamily housing starts, …

A Contrarian View on Multifamily Distress

I get a ton of online CRE newsletters, deal summaries, rent/sale reports, finance/lender updates, and general news of the day information. And for those who know me, my background is in distressed, REO, …

Concessions Are Back

A recent press from Zillow showed that Salt Lake City (50.9%) is among a group of cities where concessions are being offered at more than 50% of the multifamily properties in the market. Of all of the rental listings on Zillow, 33.2% of properties are offering …

Food, Energy, Housing: Challenges

From the Joint Center for Housing Studies at Harvard University comes a troubling report describing the demands low-income people (annual household income less than $25,000) face in paying for food, energy and housing …

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