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THE TIMELESS SERIES: Valuable Property Management

I have always believed that property management is one of the most critical, if not THE most critical, component in a commercial real estate investment. It’s one thing for …

Planning To Move?

A comprehensive survey of 30,000 renters (‘comprehensive’ seems to understate the magnitude of the survey), 48% of respondents said they were planning to move in the next six months. This is a marked increase from 40% – 43% in the two preceding years …

More Bang for Your Buck

The multifamily transactional marketplace is coming back to life as a result of positive things beginning to happen. Sellers are realizing it’s not 2022 anymore and their properties won’t sell at a sub-3% cap rate. Pricing is coming down. While interest …

Minimal Rent Growth in 2024

Yardi reports that since 2022, multifamily rent growth and occupancy in the United States have declined on something of a steady basis. There’s a link to the Yardi study in the article. But one needs to strongly consider that rent growth from 2021 – 2022 was in the …

Extend and Pretend

If you’re on this web site, chances are you know what ‘extend and pretend’ means. I’m not sure when the phrase was derived but when I was in REO in the 90s, working for a failing savings and loan, it was a common expression. It’s shorthand for the ‘forgiveness’ a lender …

Entertainment District

For those with any interest in Salt Lake City, take a moment and review the attached ‘report card’ from Building Salt Lake as it evaluates the proposed redevelopment by Smith Entertainment Group (SEG) in creating an ‘entertainment district’ in downtown…

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