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Dr. Peter Linneman
Some of Linneman’s comments are reflective of similar observations he’s made in the past, namely that some of the metrics used by analysts at the Fed are somewhat magnified and may overstate reality. Linneman theorized that the Fed focuses too much on …

Fraudulent Renters
Some of the statistics in the article are astounding. Rental fraud has been reported by 75% of all operators over the past 12 months. Manipulated identities, misrepresented income, and identity theft were reported by 50% of operator respondents. …

Minimizing Turnover
The article provides backup for the high cost of unit turnover at apartment properties and cites three primary factors contributing to the cost: increased utility expense (owner paying for utilities in vacant units), lost rent (an obvious factor) and increased marketing costs .…

Negative Apartment Rent Growth Forecast for Salt Lake City
Markerr, an apartment rental forecasting firm, evaluated future rents related to their list of the Top 100 apartment markets in the county (Markerr Forecast). Markerr is forecasting .…

Property Metrics: In-Depth Cap Rate Definition
An in-depth look at the capitalization rate and the various ways it can be determined, calculated, or estimated. The article also provides information on how the cap rate can be used to determine the value .…

Are Your Residents Still Writing Rent Checks?
Approximately 40% of all renters are still writing checks to pay their rent. The cost of processing checks and the time required by the staff to reconcile rent payments made by check are two reasons .…

Attract Residents Without Offering Concessions? Yes!
The article posits that waiving fees and not reducing rents is the best way to attract residents while maintaining property value as stabilized rent levels aren’t affected (while Other Income is). The article provides .…

Interest Rates and Distressed Real Estate
When I was at Sperry Van Ness about 15 years ago, David Frosh was the president of the national brokerage firm. Not only was Frosh a charismatic leader he was also incredibly well informed and helped SVN grow .…

In Focus: Long Term Utah Commercial Real Estate
Everyone knows current growth in Utah is unprecedented. All one has to do is drive around: apartments are being constructed everywhere (16,000+ units are under construction in April-2024 with 8,000+ .…