All Blogs

Distress by Property Type – November 2023
More distress…but things (generally) changed for the better, at least in November. From CRED iQ, a report on November-2023 distress by property type. Distress Up: Retail …

2024 Multifamily Predictions – Must See TV
I highly recommend spending an hour or so to watch the attached webcast which is Marcus and Millichap’s annual multifamily forecast for the coming year. It features John Chang …

Once in a Generation?
Year-end prognostications for 2024 have begun in earnest. I’ve seen several and this one from Origin seems, for the most part, to be relatively modest and realistic in its predictions. Origin, as with recent …

The Human Element
I write about this frequently and advise clients of same: the critical importance of resident relationships. A gentleman I used to work for said repeatedly, “We are a people business. We may buy buildings, improve properties …

$397 million Worth of Fraud
After Ric Campo, CEO of Camden Realty Trust (59,000 units nationwide and $7.2 billion AUM), had his identity stolen with some not-so-great financial consequences, he took note of the level of fraud increasing …

Generational Good, Long-Term Product
Sean Rawson, co-Founder/Head of Acquisitions at Waterford, doesn’t expect to get construction financing for the next 18 months despite the fact that …

I Want This
In a massive survey of over 170,000 verified renters, the National Multi Housing Council and Grace Hill Renter Preferences Survey Report found that 93% of renters would like an in-unit washer/dryer and …

Concession Time
Zillow reports, per the article, that 30% of all properties are currently offering concessions. This figure is likely to increase. I’ve read where 50%+ of Class A multifamily properties in Salt Lake are offering …

Concessions Have Returned
With over 50% of apartment properties in Salt Lake City offering concessions, it’s no surprise that things aren’t looking too good for owners. Per a recent report from Yardi, there were no concessions being offered last …