Naturally Occurring Affordable Housing

Size: px
Start display at page:

Download "Naturally Occurring Affordable Housing"

Transcription

1 Naturally Occurring Affordable Housing NAAHL Annual Conference December 1, 2016 page 1

2 Slicing And Dicing Rental Housing U.S. Rental Housing Inventory By Units Rent Subsidized 3.3 Million 8% Market Rate & Market/Affordable 16.0 Million 37% 1-4 Units 23.5 Million 55% Sources: U.S. Census Bureau; CoStar Portfolio Strategy As of August 2016 page 2

3 Slicing And Dicing Rental Housing U.S. Rental Housing Inventory By Units 1 & 2 Star 5.6 Million 13% Sources: U.S. Census Bureau; CoStar Portfolio Strategy As of August 2016 page 3

4 One- And Two-Star Rating Criteria CoStar Building Rating System (BRS) page 4

5 Three-Star Rating Criteria CoStar Building Rating System (BRS) page 5

6 Four-Star Rating Criteria CoStar Building Rating System (BRS) page 6

7 Five-Star Rating Criteria CoStar Building Rating System (BRS) page 7

8 CoStar Building Rating System EXTERIOR INTERIOR 1 Star 2 Star 3 Star 4 Star 5 Star page 8

9 Affordability Issues More Significant At Top End Of Market Rent As A % Of 100% Area Median Income By Star Rating 28% Rent As A % Of Income 26% 26.4% 24% 22% 23.4% 20% 18% 16% 14% 12% 10% 17.8% 15.3% % 16.5% 1 & 2 Star 3 Star 4 & 5 Star Source: CoStar Group As of 16Q2 page 9

10 1 & 2 Star Represents A Major Portion Of The Market Number Of Units By Star Rating 22.3% 3,393, % 5,501, % 6,310,441 1 & 2 Star 3 Star 4 & 5 Star Source: CoStar Group As of August 2016 page 10

11 The Vast Majority Of Multifamily Properties Are 1 & 2 Star Number Of Properties By Star Rating 4.7% 15, % 66, % 253,467 1 & 2 Star 3 Star 4 & 5 Star Source: CoStar Group As of August 2016 page 11

12 1 & 2 Star Properties Can Be Found Almost Anywhere 1 & 2 Star Units By Metro Sources: ESRI; CoStar Portfolio Strategy As of 16Q2 page 12

13 Los Angeles New York Chicago San Diego San Francisco East Bay Miami Orange County Seattle Minneapolis Boston Inland Empire Philadelphia San Jose Portland OR Fort Lauderdale Northern NJ Washington, DC Cincinnati Denver Los Angeles And New York Dominate 1 & 2 Star Properties By Metro Number Of Properties (000s) 18.4% % % 3.7% 2.9% 2.6% 2.0% 2.0% 1.9% 1.7% 5 1.4% 1.4% 1.4% 1.3% 1.3% 1.2% 1.1% 1.0% 1.0% 1.0% 0 Source: CoStar Group As of August 2016 page 13

14 Almost Half Of 1 & 2 Star Inventory In 50+ Unit Buildings Number Of Units By Building Size And Star Rating 4.0 Number Of Units (Millions) Units Units Units Units Units 200+ Units 1 & 2 Star 3 Star 4 & 5 Star Source: CoStar Group As of August 2016 page 14

15 Most Units Built More Than 35 Years Ago 1 & 2 Units By Building Age 1.6 Number Of Units (Millions) Source: CoStar Group As of August 2016 page 15

16 Vacancies Show The Effect Of Construction Average Vacancy By Star Rating 9% Vacancy Rate 8% 7% 6% 5% 4% 3% 2% 1% 0% & 2 Star 3 Star 4 & 5 Star Source: CoStar Group As of 16Q2 page 16

17 Strong Long-Term Rent Growth In 1 & 2 Star Segment Average Rent Growth By Star Rating 8% Rent Growth 7% 6% 5% 5.0% 5.6% 6.4% 4% 3% 2% 1% 0% 1 & 2 Star 3 Star 4 & 5 Star Average Annual Rent Growth Since 2013 Y/Y Rent Growth Source: CoStar Group As of 16Q2 page 17

18 San Francisco San Jose East Bay New York Honolulu Long Island Orange County Boston Los Angeles San Diego Washington, DC Northern NJ Miami Seattle Fort Lauderdale Stamford Denver Inland Empire Portland OR Hartford Austin Baltimore Palm Beach Philadelphia Sacramento Chicago Minneapolis Nashville Raleigh Norfolk Orlando Pittsburgh Salt Lake City New Orleans Tampa Dallas - FW Houston Atlanta Richmond Detroit Milwaukee Charlotte San Antonio Phoenix Jacksonville Kansas City Cleveland Saint Louis Las Vegas Indianapolis Columbus OH Cincinnati Oklahoma City Memphis Core Coastal Metros Are The Priciest 1 & 2 Star Average Asking Rent By Metro $3,000 Average Asking Rent $2,500 $2,000 $1,500 $1,000 $500 $0 South East Midwest West Source: CoStar Group As of 16Q2 page 18

19 But On A Comparative Basis May Be Relatively Cheap 1 & 2 Star Apartment Rents As A Percent Of Market Rent Sources: ESRI; CoStar Portfolio Strategy As of 16Q2 page 19

20 Ethan Vaisman, Senior Consultant These CoStar Portfolio Strategy materials contain financial and other information from a variety of public and proprietary sources. CoStar Group, Inc. and its affiliates (collectively, CoStar ) have assumed and relied upon, without independent verification, the accuracy and completeness of such third party information in preparing these materials. The modeling, calculations, forecasts, projections, evaluations, analyses, simulations, or other forward-looking information prepared by CoStar and presented herein (the Materials ) are based on various assumptions concerning future events and circumstances, which are speculative, uncertain and subject to change without notice. You should not rely upon the Materials as predictions of future results or events, as actual results and events may differ materially. All Materials speak only as of the date referenced with respect to such data and may have materially changed since such date. CoStar has no obligation to update any of the Materials included in this document. You should not construe any of the data provided herein as investment, tax, accounting or legal advice. CoStar does not represent, warrant or guaranty the accuracy or completeness of the information provided herein and shall not be held responsible for any errors in such information. Any user of the information provided herein accepts the information AS IS without any warranties whatsoever. To the maximum extent permitted by law, CoStar disclaims any and all liability in the event any information provided herein proves to be inaccurate, incomplete or unreliable CoStar Realty Information, Inc. No reproduction or distribution without permission. page 20

U.S. Economic and Institutional Apartment Market Overview and Outlook. January 7, 2015

U.S. Economic and Institutional Apartment Market Overview and Outlook. January 7, 2015 U.S. Economic and Institutional Apartment Market Overview and Outlook January 7, 2015 Emerging Economic Trends Inflation Adjusted Crude Oil Prices In Alignment with Long-Term Average Price per Barrel (Nov.

More information

Growing Demand for Smaller Industrial Properties

Growing Demand for Smaller Industrial Properties Growing Demand for Smaller Industrial Properties Moderator: Lew Friedland, Colony Capital Panelists: Rene Circ, CoStar Portfolio Strategy Brian Fiumara, CBRE Andrew Mele, Trammell Crow Company #crec15

More information

Cycle Forecast Real Estate Market Cycles Second Quarter 2018 Estimates

Cycle Forecast Real Estate Market Cycles Second Quarter 2018 Estimates Cycle Forecast Real Estate Market Cycles Second Quarter 20 Estimates The Congressional Budget Office (CBO) is forecasting Gross Domestic Product (GDP) at rates below 2.0% for the next 0 years and employment

More information

National Property Type Cycle Locations. Retail 1st Tier Regional Mall. Industrial R&D Flex Retail Factory Outlet+1 Retail Neighborhood/Community

National Property Type Cycle Locations. Retail 1st Tier Regional Mall. Industrial R&D Flex Retail Factory Outlet+1 Retail Neighborhood/Community Cycle Monitor Real Estate Market Cycles Third Quarter 0 Analysis November 0 Physical Market Cycle Analysis of All Five Major Property Types in More Than 0 MSAs. International turmoil, slow European Union

More information

Cycle Monitor Real Estate Market Cycles

Cycle Monitor Real Estate Market Cycles Cycle Monitor Real Estate Market Cycles Second Quarter 0 Analysis August 0 Physical Market Cycle Analysis of All Five Major Property Types in More Than 0 MSAs. Economic and job growth continue at a moderate

More information

November November 2012

November November 2012 NAREIT REIT World NAREIT REIT World November 2012 November 2012 1 Company Overview Multifamily NOI Current: 86% Target: 90% Multifamily Portfolio 35,067 apartment homes 115 apartment communities 96.4%

More information

NATIONAL ASSOCIATION OF REALTORS RESEARCH DIVISION

NATIONAL ASSOCIATION OF REALTORS RESEARCH DIVISION NATIONAL ASSOCIATION OF REALTORS RESEARCH DIVISION COMMERCIAL REAL ESTATE Positive Demand Overcomes Weak Economic Performance in 2014.Q1 George Ratiu Director, Quantitative & Commercial Research First

More information

RETAIL REPORT VIEWPOINT 2018 / COMMERCIAL REAL ESTATE TRENDS. By: Hugh F. Kelly, PhD, CRE IRR.COM AN INTEGRA REALTY RESOURCES PUBLICATION

RETAIL REPORT VIEWPOINT 2018 / COMMERCIAL REAL ESTATE TRENDS. By: Hugh F. Kelly, PhD, CRE IRR.COM AN INTEGRA REALTY RESOURCES PUBLICATION RETAIL REPORT VIEWPOINT 2018 / COMMERCIAL REAL ESTATE TRENDS By: Hugh F. Kelly, PhD, CRE Nowhere do we hear more discussion of disruption as in the retail property sector. Ecommerce has a powerful effect,

More information

Emerging Trends in Real Estate 2014

Emerging Trends in Real Estate 2014 Emerging Trends in Real Estate 2014 Emerging Trends is the industry s most predictive forecast 35th annual outlook Based on over 1,000 interviews and surveys of industry leaders Sponsored by PwC and the

More information

VSIP POSITION LISTING American Federation of Government Employees

VSIP POSITION LISTING American Federation of Government Employees HQ Washington, DC Office of Public Housing Investments Public Housing Revitalization Specialist GS 15 11 Public Housing Revitalization Specialist GS 14 14 Public Housing Revitalization Specialist GS 13

More information

Citigroup Global Property CEO Conference

Citigroup Global Property CEO Conference Citigroup Global Property CEO Conference March 2013 Company Overview Multifamily Portfolio 34,497 apartment homes 115 apartment communities 95.8% Occupancy Average age: 16.1 years Average revenue per unit:

More information

MULTIFAMILY REPORT VIEWPOINT 2018 / COMMERCIAL REAL ESTATE TRENDS. By: Hugh F. Kelly, PhD, CRE IRR.COM AN INTEGRA REALTY RESOURCES PUBLICATION

MULTIFAMILY REPORT VIEWPOINT 2018 / COMMERCIAL REAL ESTATE TRENDS. By: Hugh F. Kelly, PhD, CRE IRR.COM AN INTEGRA REALTY RESOURCES PUBLICATION MULTIFAMILY REPORT VIEWPOINT 2018 / COMMERCIAL REAL ESTATE TRENDS By: Hugh F. Kelly, PhD, CRE Just when the upcycle for rental apartments seemed to be approaching its peak, along came the Tax Act of 2017,

More information

North County Apartment Market. Joshua Ohl Senior Market Analyst

North County Apartment Market. Joshua Ohl Senior Market Analyst North County Apartment Market Joshua Ohl Senior Market Analyst Agenda: FUNDAMENTALS CONSTRUCTION RENTS CAPITAL MARKETS Orange County Historical Employment Growth 6% Employment Growth (Y/Y) 4% 2% 0% (2%)

More information

National Housing Trends

National Housing Trends National Housing Trends 34% America s Choice of Best Long Term Investment 26% 17% 15% 6% Real Estate Stocks / Mutual Funds Gold Savings Accounts / CDs Bonds Gallup 2018 Total Existing Home Sales in thousands

More information

MARKETBEAT U.S. Shopping Center Q3 2016

MARKETBEAT U.S. Shopping Center Q3 2016 MARKETBEAT U.S. Shopping Center Q3 2016 U.S. SHOPPING CENTER Economic Indicators Market Indicators Rent Rate vs. Overall Vacancy $22 Q3 15 Q3 16 Vacancy Rates 7.8% 7.4% Net Absorption 14.4 M 11.9 M Under

More information

U.S. Multifamily MarketView

U.S. Multifamily MarketView U.S. Multifamily MarketView CBRE Global Research and Consulting VACANCY RATE.% NET ABSORPTION 7, Units RENTABLE COMPLETIONS 8,55 Units Y-o-Y RENT CHANGE.% Arrows indicate change from previous year. Total

More information

Regenerating and Investing in the South West. Richard Yorke, CoStar Group. 23 rd May 2018

Regenerating and Investing in the South West. Richard Yorke, CoStar Group. 23 rd May 2018 Regenerating and Investing in the South West Richard Yorke, CoStar Group 23 rd May 2018 South West Investment Soared to a Record High in 2017 Annual South West CRE Investment 2010 17 2.5 Investment ( bn)

More information

U.S. MULTIFAMILY MARKETVIEW FIGURES Q4 2016

U.S. MULTIFAMILY MARKETVIEW FIGURES Q4 2016 U.S. MULTIFAMILY MARKETVIEW FIGURES Q4 2016 U.S. MULTIFAMILY MARKETVIEW Q4 2016 2016 DELIVERS IMPRESSIVE DEMAND AND NEW SUPPLY TOTALS Vacancy Rate 4.9% Net Absorption* 201,000 Units Rentable Completions*

More information

U.S. GDP (2012 Q Q2)

U.S. GDP (2012 Q Q2) U.S. GDP (2012 Q3 2014 Q2) U. S. Employment Employment Recovery Following the Last Two Downturns Rail Traffic: Containers Rail Traffic: Commodities Select Rail Traffic Residential Mortgages Pipeline of

More information

OFFICE REPORT VIEWPOINT 2018 / COMMERCIAL REAL ESTATE TRENDS. By: Hugh F. Kelly, PhD, CRE IRR.COM AN INTEGRA REALTY RESOURCES PUBLICATION

OFFICE REPORT VIEWPOINT 2018 / COMMERCIAL REAL ESTATE TRENDS. By: Hugh F. Kelly, PhD, CRE IRR.COM AN INTEGRA REALTY RESOURCES PUBLICATION OFFICE REPORT VIEWPOINT 2018 / COMMERCIAL REAL ESTATE TRENDS By: Hugh F. Kelly, PhD, CRE The Office workplace is at the nexus of powerful cross-currents. Pricing has made CBD acquisitions, especially in

More information

Pennsbury Professional Center 201 Woolston Drive Morrisville, PA

Pennsbury Professional Center 201 Woolston Drive Morrisville, PA Pennsbury Professional Center 201 Woolston Drive Morrisville, PA A VALUE-ADD MEDICAL OFFICE OPPORTUNITY WITH CONVENIENT ACCESS TO ROUTE 1 AND DENSE SURROUNDING POPULATION INVESTMENT SUMMARY Page 1 EXECUTIVE

More information

National Housing Trends

National Housing Trends National Housing Trends 34% America s Choice of Best Long Term Investment 26% 17% 15% 6% Real Estate Stocks / Mutual Funds Gold Savings Accounts / CDs Bonds Gallup 2018 Housing Affordability 197 Index

More information

Multifamily Market Commentary June 2017

Multifamily Market Commentary June 2017 Multifamily Market Commentary June 2017 Multifamily Supply and Demand Varies by Metro Across the country, there are more than 630,000 new multifamily units currently underway with more than 400,000 of

More information

The State of the Commercial Real Estate Industry: Mid-Year 2011 Retail Review & Outlook

The State of the Commercial Real Estate Industry: Mid-Year 2011 Retail Review & Outlook The State of the Commercial Real Estate Industry: Mid-Year 2011 Retail Review & Outlook Copyright 2011 CoStar Realty Information, Inc. No reproduction or distribution without permission. The following

More information

STATE OF THE MULTIFAMILY MARKET MACRO VIEW

STATE OF THE MULTIFAMILY MARKET MACRO VIEW STATE OF THE MULTIFAMILY MARKET MACRO VIEW JEANETTE I. RICE, CRE AMERICAS HEAD OF MULTIFAMILY RESEARCH APRIL 19, 2018 Westchester/ Fairfield 2 JEANETTE I. RICE STATE OF U.S. MULTIFAMILY MARKET KEY INVESTMENT

More information

The CoStar Office Report

The CoStar Office Report DCN:6155 The CoStar Office Report T H I R D Q U A R T E R 2 0 0 4 National Office Market Table of Contents Table of Contents.................................................................... A Methodology........................................................................

More information

Impact of Tax Reform and Jobs Act on Affordable Housing

Impact of Tax Reform and Jobs Act on Affordable Housing WWW.REIS.COM Impact of Tax Reform and Jobs Act on Affordable Housing 1 By Barbara Byrne Denham What does the future look like for the Affordable Housing market? Introduction There are close to 132,000

More information

OUR DETAIL IS RETAIL.

OUR DETAIL IS RETAIL. OUR DETAIL IS RETAIL. GILBERT GROUP ADVANTAGE Rooted with local knowledge and experience strengthened by national reach. PROPERTY MANAGEMENT PROJECT LEASING TENANT REPRESENTATION GILBERT GROUP ABOUT US

More information

Metropolitan Area Statistics

Metropolitan Area Statistics Metropolitan Area Statistics Apartment Completions 1Q 2011 1Q 2012 % Chg Atlanta - - n/a Boston 133 39-71% Chicago - 20 n/a Cleveland - - n/a Columbus - 272 n/a Dallas-Ft. Worth 604 1,059 75% Denver 328

More information

MATRIX MONTHLY. Rent Survey February Multifamily Rents Flat in February

MATRIX MONTHLY. Rent Survey February Multifamily Rents Flat in February MATRIX MONTHLY Rent Survey February 2017 Multifamily Rents Flat in February Average U.S. monthly rents were unchanged in February, as the rate of increase trends back to the long-term average. Rents remained

More information

To the Eastside Economic Forecast

To the Eastside Economic Forecast To the Eastside Economic Forecast HOUSING MARKET OUTLOOK Trusted Analysis for Executive Decisions Presented by: John Burns, CEO 949-870-1210 jburns@realestateconsulting.com 1 Today s Mission is the Same

More information

The State of the Commercial Real Estate Industry: Mid-Year 2010 Retail Review & Outlook

The State of the Commercial Real Estate Industry: Mid-Year 2010 Retail Review & Outlook The State of the Commercial Real Estate Industry: Mid-Year 2010 Retail Review & Outlook Copyright 2010 CoStar Realty Information, Inc. No reproduction or distribution without permission. The following

More information

Sustained economic improvement driving occupancy and rent growth

Sustained economic improvement driving occupancy and rent growth Sustained economic improvement driving occupancy and rent growth United States Office Review Q2 2015 After a markedly slow first quarter, office market fundamentals made a significant rebound at the close

More information

LANDMARK MEDICAL OFFICE PORTFOLIO

LANDMARK MEDICAL OFFICE PORTFOLIO HUDSON, NEW YORK CORNWALL, NEW YORK BURIEN, WASHINGTON COLUMBIA MEDICAL OFFICE BUILDING Hudson, New York CORNWALL MEDICAL OFFICE BUILDING Cornwall, New York HIGHLINE MEDICAL PAVILION Burien, Washington

More information

List of 2009 Round Allocations

List of 2009 Round Allocations List of 2009 Round Allocations CDFI 601 Thirteenth Street, NW, Suite 200, South, Washington, DC 20005 (202) 622-8662 9 10 CDFI 601 Thirteenth Street, NW, Suite 200, South, Washington, DC 20005 (202) 622-8662

More information

MATRIX MONTHLY. Rent Survey July Multifamily Rent Growth Stabilizes in July; Market Solid Overall

MATRIX MONTHLY. Rent Survey July Multifamily Rent Growth Stabilizes in July; Market Solid Overall MATRIX MONTHLY Rent Survey July 2017 Multifamily Rent Growth Stabilizes in July; Market Solid Overall Sequential rent growth was virtually flat in July, but the U.S. multifamily market remained in an overall

More information

The Link Between Middle-Income Housing Affordability and Affordable Housing

The Link Between Middle-Income Housing Affordability and Affordable Housing REBIC 2017 FORUM UNCC Downtown Charlotte Campus Wendell Cox 1 February 2017 The Link Between Middle-Income Housing Affordability and Affordable Housing The Link Between Middle-Income Housing Affordability

More information

RECEIVERSHIP SALE SHORT SALE A 303-SITE MANUFACTURED HOME INVESTMENT OPPORTUNITY WEST RIDGE GREEN West Ridge Rd., Elyria, OH Price: TBD

RECEIVERSHIP SALE SHORT SALE A 303-SITE MANUFACTURED HOME INVESTMENT OPPORTUNITY WEST RIDGE GREEN West Ridge Rd., Elyria, OH Price: TBD RECEIVERSHIP SALE SHORT SALE A 303-SITE MANUFACTURED HOME INVESTMENT OPPORTUNITY WEST RIDGE GREEN 9235 West Ridge Rd., Elyria, OH 44035 Price: TBD F o r a v i d e o t o u r o f t h e p r o p e r t y, g

More information

MAR KET GLANCE SAN DIEGO OFFICE MARKET REPORT PROPERTY SERVICES DEVELOPMENT INVESTMENT FOURTH QUARTER 2015 PROPERTY SERVICES DEVELOPMENT INVESTMENT

MAR KET GLANCE SAN DIEGO OFFICE MARKET REPORT PROPERTY SERVICES DEVELOPMENT INVESTMENT FOURTH QUARTER 2015 PROPERTY SERVICES DEVELOPMENT INVESTMENT AT A SAN DIEGO OFFICE MARKET REPORT FOURTH QUARTER 215 AT A NEW SUPPLY PUSHES VACANCY RATES HIGHER San Diego s regional economy has been buzzing and added a net total of 37,8 jobs in the 12 months ending

More information

Analyst s Handbook: Real Estate

Analyst s Handbook: Real Estate Analyst s Handbook: Real Estate December 22, 217 Dr. Edward Yardeni 16-972-7683 eyardeni@ Mali Quintana 4-664-1333 aquintana@ Please visit our sites at www. blog. thinking outside the box Table Of Contents

More information

OFFICE/RETAIL SPACE FOR LEASE 6605 Columbus Pike Lewis Center, Ohio 43035

OFFICE/RETAIL SPACE FOR LEASE 6605 Columbus Pike Lewis Center, Ohio 43035 OFFICE/RETAIL SPACE FOR LEASE 6605 Columbus Pike Lewis Center, Ohio 43035 2,500 +/- Square Feet Available Skip Weiler skip@rweiler.com 10 N. High St. Suite 401 Columbus, Ohio 43215 614-221-4286 www.rweiler.com

More information

STURDY PERFORMANCE CONTINUES

STURDY PERFORMANCE CONTINUES STURDY PERFORMANCE CONTINUES The U.S. office market experienced healthy conditions during the second quarter of the year. Absorption was stout, but vacancy edged higher as deliveries continue to exceed

More information

Metropolitan Area Statistics (1Q 2013)

Metropolitan Area Statistics (1Q 2013) Metropolitan Area Statistics (1Q 2013) Apartment Completions 1Q 2012 1Q 2013 % Chg Atlanta 487 1,460 200% Boston 360 373 4% Chicago 611 92-85% Cleveland 7 54 671 Columbus - 459 n/a Dallas-Ft. Worth 1,327

More information

IRVINE, Calif. May 8, 2014

IRVINE, Calif. May 8, 2014 ALL-CASH SHARE OF U.S. RESIDENTIAL SALES REACHES NEW HIGH IN FIRST QUARTER EVEN AS INSTITUTIONAL INVESTOR SHARE OF SALES DROPS TO LOWEST LEVEL SINCE Q1 2012 May 5, 2014 By RealtyTrac Staff All-Cash Purchases

More information

OFFICE SPACE FOR LEASE Cleveland Avenue Columbus, Ohio /- Square Feet Available

OFFICE SPACE FOR LEASE Cleveland Avenue Columbus, Ohio /- Square Feet Available OFFICE SPACE FOR LEASE 1390 Cleveland Avenue Columbus, Ohio 43211 250 +/- Square Feet Available Stephen Tucker stucker@rweiler.com 10 N. High St. Suite 401 Columbus, Ohio 43215 614-221-4286 www.rweiler.com

More information

OFFICE SPACE FOR LEASE E Dublin Granville Road Columbus, Ohio ,800 +/- Square Feet Available

OFFICE SPACE FOR LEASE E Dublin Granville Road Columbus, Ohio ,800 +/- Square Feet Available OFFICE SPACE FOR LEASE 1855 E Dublin Granville Road Columbus, Ohio 43229 5,800 +/- Square Feet Available Todd Schiff tschiff@rweiler.com 10 N. High St. Suite 401 Columbus, Ohio 43215 614-221-4286 www.rweiler.com

More information

Recovery? Growth? Jobs? Capital Investment?

Recovery? Growth? Jobs? Capital Investment? Recovery? Growth? Jobs? Capital Investment? Turning the Corner? Presented by Dr. Ivan Miestchovich, Jr., Director Institute for Economic Development & Real Estate Research The University of New Orleans

More information

Cycle Monitor Real Estate Market Cycles Second Quarter 2018 Analysis

Cycle Monitor Real Estate Market Cycles Second Quarter 2018 Analysis Black Creek Research Cycle Monitor Real Estate Market Cycles Second Quarter 0 Analysis Real Estate Market Cycle analysis of five property types in Metropolitan Statistical Areas (MSAs). Important note:

More information

MAMA Risk Summary Data through 2011 Q3

MAMA Risk Summary Data through 2011 Q3 MAMA Risk Summary Data through 2011 Q3 Table of Contents Report Contents... 2 Summary... 3 MAMA Risk Summary Indicators for Largest 50 Metro Areas... 4 Home Prices Risk Indicator Summary Map... 6 Employment

More information

MATRIX MONTHLY. Rent Survey September Multifamily Rent Deceleration Persists

MATRIX MONTHLY. Rent Survey September Multifamily Rent Deceleration Persists MATRIX MONTHLY Rent Survey September 2016 Multifamily Rent Deceleration Persists The deceleration of multifamily rents continued in September. Although basically flat, average U.S. monthly rents dropped

More information

REDEVELOPMENT OPPORTUNITY 3 GROUP HOMES FOR SALE

REDEVELOPMENT OPPORTUNITY 3 GROUP HOMES FOR SALE REDEVELOPMENT OPPORTUNITY 3 GROUP HOMES FOR SALE Hampstead Dr Columbus Teakwood Dr Columbus Hampstead Dr Teakwood Dr Columbus Ida Ave Ida Ave Grandview Todd Schiff tschiff@rweiler.com 10 N. High St. Suite

More information

The Housing Market Report Card October 20, 2011 Tim Sullivan, Principal

The Housing Market Report Card October 20, 2011 Tim Sullivan, Principal The Housing Market Report Card October 20, 2011 Tim Sullivan, Principal 1 The Housing Market Report Card For the School of Rock Hard Knocks October 26, 2011 Tim Sullivan, Principal 2 Agenda 1. Housing

More information

REALTOR.COM MARKET OUTLOOK

REALTOR.COM MARKET OUTLOOK REALTOR.COM MARKET OUTLOOK Realtor.com Economics May 2018 MOST COMPETITIVE SEASON ON RECORD Key expectations from realtor.com Existing Home Sales Struggle to Break Out Supply: Inventory, Prices, Affordability

More information

3730 DUFRESNE COURT 3754 S SEPULVEDA BOULEVARD A TWO PROPERTY, 60 UNIT, MULTI-HOUSING INVESTMENT OPPORTUNITY IN WEST LOS ANGELES, CA HFFLP.

3730 DUFRESNE COURT 3754 S SEPULVEDA BOULEVARD A TWO PROPERTY, 60 UNIT, MULTI-HOUSING INVESTMENT OPPORTUNITY IN WEST LOS ANGELES, CA HFFLP. 3730 DUFRESNE COURT 3754 S SEPULVEDA BOULEVARD A TWO PROPERTY, 60 UNIT, MULTI-HOUSING INVESTMENT OPPORTUNITY IN WEST LOS ANGELES, CA HFFLP.COM 1 INVESTMENT SUMMARY HFF is pleased to present for sale S

More information

RARE DEVELOPMENT LAND FOR SALE

RARE DEVELOPMENT LAND FOR SALE RARE DEVELOPMENT LAND FOR SALE Stimmel Road Columbus, Ohio 43223 24.34 +/- Acres Vacant Land Andre Dowdy adowdy@rweiler.com 10 N. High St. Suite 401 Columbus, Ohio 43215 614-221-4286 www.rweiler.com Property

More information

DEVELOPMENT OPPORTUNITY FOR SALE 550 Stimmel Rd Columbus, Oh 43223

DEVELOPMENT OPPORTUNITY FOR SALE 550 Stimmel Rd Columbus, Oh 43223 DEVELOPMENT OPPORTUNITY FOR SALE 550 Stimmel Rd Columbus, Oh 43223 3 Buildings totaling 18,020 +/- SF situated on 7.02 +/- acres Available Patrick Miller, pmiller@rweiler.com Skip Weiler, skip@rweiler.com,

More information

INVESTMENT HIGHLIGHTS

INVESTMENT HIGHLIGHTS 2 3 INVESTMENT HIGHLIGHTS AFFLUENT AND DENSE TRADE AREA Ideally located within a trade area where average household incomes exceed $121,600 and over 20,500 residents are located within a 1-mile radius

More information

Metro Market OUTLOOK. Vol. 44New. Fourth Quarter A publication of the NATIONAL REAL ESTATE INDEX

Metro Market OUTLOOK. Vol. 44New. Fourth Quarter A publication of the NATIONAL REAL ESTATE INDEX Metro Market OUTLOOK Vol. 44New York Fourth Quarter 2004 ANALYZES: CBD Office Suburban Office Industrial Retail Apartments REPORTS: Property Prices Property Rents Market Forecasts (NEW) Demographic Highlights

More information

Metro Market OUTLOOK. Second Quarter A publication of the NATIONAL REAL ESTATE INDEX

Metro Market OUTLOOK. Second Quarter A publication of the NATIONAL REAL ESTATE INDEX Metro Market OUTLOOK Vol. 46New York Second Quarter 2005 ANALYZES: CBD Office Suburban Office Industrial Retail Apartments REPORTS: Property Prices Property Rents Market Forecasts (NEW) Demographic Highlights

More information

Metro Market OUTLOOK. Vol. 49New. First Quarter A publication of the NATIONAL REAL ESTATE INDEX

Metro Market OUTLOOK. Vol. 49New. First Quarter A publication of the NATIONAL REAL ESTATE INDEX Metro Market OUTLOOK TM Vol. 49New York First Quarter 2006 ANALYZES: CBD Office Suburban Office Industrial Retail Apartments REPORTS: Property Prices Property Rents Market Forecasts (NEW) Demographic Highlights

More information

Multifamily National Report. February 2019

Multifamily National Report. February 2019 Multifamily National Report February 2019 Multifamily Growth: No Signs of Slowing U.S. multifamily rents rose $2 in February to $1,426 and year-over-year growth remained at 3., as January was revised upward

More information

A Descriptive Analysis of the Retail Real Estate Markets at the Metropolitan Level

A Descriptive Analysis of the Retail Real Estate Markets at the Metropolitan Level Marquette University e-publications@marquette Finance Faculty Research and Publications Finance, Department of 1-1-1997 A Descriptive Analysis of the Retail Real Estate Markets at the Metropolitan Level

More information

Americas Office Trends Report

Americas Office Trends Report Americas Office Trends Report Summary The overall U.S. office market picked up the pace in the second quarter of 2016 despite continued global economic and financial market uncertainty. While the Brexit

More information

TABLE OF CONTENTS THE MARCUS & MILLICHAP ADVANTAGE

TABLE OF CONTENTS THE MARCUS & MILLICHAP ADVANTAGE TABLE OF CONTENTS Section 1 AGENT QUALIFICATIONS Section 2 THE MARCUS & MILLICHAP ADVANTAGE Section 3 MARKETING PLAN PROFESSIONAL QUALIFICATIONS Barry M. Wolfe Vice President Investments Senior Director,

More information

MARKETBEAT. U.S. Shopping Center Snapshot Q Lowest Vacancy in Six Years Despite Cloudier Outlook ECONOMIC INDICATORS. National (Yr/Yr Chg.

MARKETBEAT. U.S. Shopping Center Snapshot Q Lowest Vacancy in Six Years Despite Cloudier Outlook ECONOMIC INDICATORS. National (Yr/Yr Chg. National (Yr/Yr Chg.) National Shopping Center Market Rental Rate vs. Overall Vacancy Availability by Type Q4 14 Q4 15 GDP Growth 2.5% 1.8% CPI Growth 1.6% -0.4% Consumer Spending Growth 3.2% 2.6% Retail

More information

MARCH 2019 CITI 2019 GLOBAL PROPERTY CEO CONFERENCE

MARCH 2019 CITI 2019 GLOBAL PROPERTY CEO CONFERENCE MARCH 2019 CITI 2019 GLOBAL PROPERTY CEO CONFERENCE SAFE HARBOR This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of

More information

Investor Presentation September 2017

Investor Presentation September 2017 Investor Presentation September 2017 1 Table of Contents Company Overview & 2017 Guidance 3 6 Multifamily Fundamentals 7 11 Camden s Portfolio 12 22 Real Estate Transactions 23 29 Capital Structure & Liquidity

More information

Industrial Outlook. United States Q1 2016

Industrial Outlook. United States Q1 2016 Industrial Outlook United States Q1 216 U.S. vacancy (6.2 percent) is on par with 2 s record low and new construction leasing is increasingly shaping overall absorption activity. Although fundamentals

More information

LUXURY MARKET REPORT. - May

LUXURY MARKET REPORT. - May LUXURY MARKET REPORT - May 2018 - www.luxuryhomeing.com THIS IS YOUR LUXURY MARKET REPORT MAP OF LUXURY RESIDENTIAL MARKETS Welcome to the Luxury Report, your guide to luxury real estate market data and

More information

Americas Office Trends Report

Americas Office Trends Report AMERICAS OFFICE TRENDS REPORT Americas Office Trends Report Summary The overall national office market recovery slowed slightly in the first quarter of 2016 amid financial market volatility. However, as

More information

Release Date: May 21, 2009 March Key Characteristics

Release Date: May 21, 2009 March Key Characteristics Release Date: May 21, 2009 March 2009 Key Characteristics The RPX 25-MSA Composite has stabilized since January 2009, after being in virtual freefall for much of 2008. The Composite declined only 0.3 percent

More information

Multifamily Market Commentary December 2015 Single-Family Rental Sector Attracting Institutional Investment

Multifamily Market Commentary December 2015 Single-Family Rental Sector Attracting Institutional Investment Multifamily Market Commentary December 2015 Single-Family Rental Sector Attracting Institutional Investment Prior to the Great Recession, the cratering of single-family home prices, and declines in the

More information

GROUP HOME FOR SALE Hampstead Drive Columbus, Ohio ,414 +/- Square Feet on /- Acre Lot

GROUP HOME FOR SALE Hampstead Drive Columbus, Ohio ,414 +/- Square Feet on /- Acre Lot GROUP HOME FOR SALE 2357-2359 Hampstead Drive Columbus, Ohio 43229 4,414 +/- Square Feet on 0.23 +/- Acre Lot Todd Schiff tschiff@rweiler.com 10 N. High St. Suite 401 Columbus, Ohio 43215 614-221-4286

More information

Executive Summary. W 135th Street & Antioch Road Overland Park, KS. Sam's Club - Separately Owned. Home Depot - Separately Owned

Executive Summary. W 135th Street & Antioch Road Overland Park, KS. Sam's Club - Separately Owned. Home Depot - Separately Owned W 135th Street & Antioch Road Overland Park, KS Sam's Club - Separately Owned Aldi - Separately Owned Home Depot - Separately Owned Executive Summary Holliday Fenoglio Fowler, L.P. ( HFF ) a Kansas licensed

More information

April 4, p.m. Eastern

April 4, p.m. Eastern April 4, 2017 2 p.m. Eastern Worldwide ERC would like to thank today s sponsor: 2017 Worldwide ERC Tips and Tools for Understanding the U.S. Real Estate Market, and Its Impact on Your Relocation Program

More information

OFFICE BUILDING FOR SALE 43 Hamilton Park Columbus, Ohio 43203

OFFICE BUILDING FOR SALE 43 Hamilton Park Columbus, Ohio 43203 OFFICE BUILDING FOR SALE 43 Hamilton Park Columbus, Ohio 43203 6,034 +/- Square Feet Building Stephen Tucker stucker@rweiler.com 614-221-4286 ext. 107 Michael Jones michael.jones@kingthompson.com 614-434-6631

More information

August 14, Tucson s Investment Grade

August 14, Tucson s Investment Grade August 14, 2014 Tucson s Investment Grade Let s take a look at what Tucson features for national investors. Tucson has the large investment properties to offer. The largest transactions in the past decade

More information

The U.S. Housing Confidence Index

The U.S. Housing Confidence Index March 2018 www.pulsenomics.com 2014-2018 Pulsenomics LLC Pulsenomics, Housing Confidence Survey, and Housing Confidence Index are trademarks of Pulsenomics LLC. HCI Each Housing Confidence Index (HCI)

More information

MARKET MONITOR LICENSE AGREEMENT

MARKET MONITOR LICENSE AGREEMENT MARKET MONITOR LICENSE AGREEMENT The subscription fee to this publication entitles the user to one copy. It is a violation of the copyright to make copies of and/or distribute this publication. Printing

More information

Emerging Trends in Real Estate 2016

Emerging Trends in Real Estate 2016 Emerging Trends in Real Estate 2016 PwC ULI 12 Month Outlook on Trends 37 th Edition 1,800+ Real Estate leaders surveyed 75 Cities Profitability outlook 2010 17.7% 60.6% 21.6% Abysmal to Poor Fair Good

More information

REALTOR.COM MARKET OUTLOOK

REALTOR.COM MARKET OUTLOOK REALTOR.COM MARKET OUTLOOK Realtor.com Economics October 2018 AGENDA Economic and housing data and insights from realtor.com National Forecast How well did we predict 2018? U.S. Economic Trends GDP, Jobs

More information

Apartments: A $1.3 Trillion Market

Apartments: A $1.3 Trillion Market Apartments: A $1.3 Trillion Market A Research Report from the National Multi Housing Council Prepared by the Rosen Consulting Group Kenneth T. Rosen Susan U. Persin Daniel T. VanDyke Jeanine Kranitz This

More information

870 Michigan Avenue. Columbus, Ohio ,568 +/- SF Two - Story Office Building on /- Acres

870 Michigan Avenue. Columbus, Ohio ,568 +/- SF Two - Story Office Building on /- Acres OFFICE BUILDING FOR SALE 870 Michigan Avenue Columbus, Ohio 43215 11,568 +/- SF Two - Story Office Building on 0.62 +/- Acres Stephen Tucker stucker@rweiler.com 10 N. High St. Suite 401 Columbus, Ohio

More information

Multifamily maintains strength; faces increased deliveries in H2 2016

Multifamily maintains strength; faces increased deliveries in H2 2016 MARKETVIEW U.S. Multifamily, Q2 216 Multifamily maintains strength; faces increased deliveries in H2 216 Vacancy Rate 4.4% Net Absorption* 22, Units Rentable Completions* 229, Units Total Acquisitions

More information

NORTHMALL CENTRE THE OPPORTUNITY. NOTABLE TENANTS TENANT % of GLA SF PROPERTY SUMMARY

NORTHMALL CENTRE THE OPPORTUNITY. NOTABLE TENANTS TENANT % of GLA SF PROPERTY SUMMARY TUCSON, ARIZONA Holliday Fenoglio Fowler, L.P. ( HFF ), acting by and through Holliday GP Corp., licensed with the Arizona Department of Financial Institutions, License Number CMB-0938500, Branch License

More information

PRIME OFFICE CONDOS FOR SALE & LEASE

PRIME OFFICE CONDOS FOR SALE & LEASE PRIME OFFICE CONDOS FOR SALE & LEASE 1151-1161 Bethel Road Columbus, Ohio 43220 BETHEL GROVE OFFICES 3 office condos totaling 6,120 +/- SF Andre Dowdy adowdy@rweiler.com 10 N. High St. Suite 401 Columbus,

More information

DUAL GROCERY-ANCHORED COMMUNITY SHOPPING CENTER IN SAN DIEGO (CHULA VISTA), CA

DUAL GROCERY-ANCHORED COMMUNITY SHOPPING CENTER IN SAN DIEGO (CHULA VISTA), CA DUAL GROCERY-ANCHORED COMMUNITY SHOPPING CENTER IN SAN DIEGO (CHULA VISTA), CA GATEWAY MARKETPLACE THE OPPORTUNITY HFF has been exclusively retained by Ownership to offer qualified investors the exciting

More information

By several measures, homebuilding made a comeback in 2012 (Figure 6). After falling another 8.6 percent in 2011, single-family

By several measures, homebuilding made a comeback in 2012 (Figure 6). After falling another 8.6 percent in 2011, single-family 2 Housing Markets With sales picking up, low inventories of both new and existing homes helped to firm prices and spur new single-family construction in 212. Multifamily markets posted another strong year,

More information

Industrial Outlook. United States Q4 2015

Industrial Outlook. United States Q4 2015 Industrial Outlook United States Q4 215 Fourth quarter s vacancy rate was at a 15-year low, quality warehouse space was limited and the pipeline of tenants in the market was healthy. Increased speculative

More information

Second Quarter 2017 / Office Market Report. San Diego. Market Overview

Second Quarter 2017 / Office Market Report. San Diego. Market Overview San Diego Market Facts 3.6% San Diego County Unemployment Rate As Of May 2017 4,394 SF Positive Net Absorption Current Quarter Positive 19,491 SF Year-To-Date 10.8% Total Vacancy Rate Flat From 10.8% In

More information

Outpatient Renovation Cost Guide

Outpatient Renovation Cost Guide United States 2017 Outpatient Renovation Cost Guide A tool for healthcare organizations JLL Research Contents This guide is a powerful tool that JLL has created to help healthcare organizations understand

More information

Multifamily Market Commentary February 2019

Multifamily Market Commentary February 2019 Multifamily Market Commentary February 2019 2019 Multifamily Affordable Outlook An Overwhelming Need for Workforce Housing Multifamily housing affordability is likely to face significant headwinds in 2019.

More information

Bank of America Accused of Racial Discrimination in 30 U.S. Metropolitan Areas and 201 Cities

Bank of America Accused of Racial Discrimination in 30 U.S. Metropolitan Areas and 201 Cities FOR IMMEDIATE RELEASE August 31, 2016 Contact: Pamela Bond (202) 898-1661 pbond@nationalfairhousing.org Bank of America Accused of Racial Discrimination in 30 U.S. Metropolitan Areas and 201 Cities Civil

More information

Positioned for Performance. j u n e Fine Arts Building Berkeley, CA

Positioned for Performance. j u n e Fine Arts Building Berkeley, CA Positioned for Performance j u n e 2009 Fine Arts Building Berkeley, CA Trump Place New York, NY 180 Riverside Equity Residential has a portfolio of high-quality assets focused in high-growth markets where

More information

STOCKTON, DETROIT, RIVERSIDE-SAN BERNARDINO POST TOP METRO FORECLOSURE RATES ACCORDING TO REALTYTRAC Q METROPOLITAN FORECLOSURE MARKET REPORT

STOCKTON, DETROIT, RIVERSIDE-SAN BERNARDINO POST TOP METRO FORECLOSURE RATES ACCORDING TO REALTYTRAC Q METROPOLITAN FORECLOSURE MARKET REPORT STOCKTON, DETROIT, RIVERSIDE-SAN BERNARDINO POST TOP METRO FORECLOSURE RATES ACCORDING TO REALTYTRAC Q3 2007 METROPOLITAN FORECLOSURE MARKET REPORT California, Florida and Ohio Cities Account for 17 of

More information

Industrial Outlook. Exceeding (and nearing) last cycle. United States Q4 2014

Industrial Outlook. Exceeding (and nearing) last cycle. United States Q4 2014 Industrial United States Q4 2014 Exceeding (and nearing) last cycle Steadily rising tenant demand in the wake of generally measured construction deliveries caused U.S. to dip 80 basis points lower than

More information

CALUMET BUSINESS CENTER

CALUMET BUSINESS CENTER CALUMET BUSINESS CENTER O F F E R I N G S U M M A R Y Twelve Industrial Buildings Totaling 2,070,579 Square Feet Currently 93% Occupied Direct Class I Rail Service Majority of Space Controlled by Credit

More information

Investor Presentation November 2017

Investor Presentation November 2017 Investor Presentation November 2017 1 Table of Contents Company Overview & 2017 Highlights 3 6 Multifamily Fundamentals 7 11 Camden s Portfolio 12 22 Real Estate Transactions 23 29 Capital Structure &

More information

PENN STATE BEHREND ERIE, PA LUXURY STUDENT HOUSING

PENN STATE BEHREND ERIE, PA LUXURY STUDENT HOUSING PENN STATE BEHREND ERIE, PA LUXURY STUDENT HOUSING O F F E R I N G SU M M A R Y DEAL OVERVIEW HFF is pleased to present Hudson Lofts (The Property ), a 57 unit / 178 bed, luxury Class A student housing

More information

NATIONAL ADJUTANT TERMS

NATIONAL ADJUTANT TERMS p a g e 1 1 7 NATIONAL ADJUTANT TERMS N A T L A D J U T A N T T E R M S p a g e 1 1 8 RAYMOND A. LASANCE 1921 1924 VIVIAN D. CORBLY 1925 1958 JOHN E. FEIGHNER 1958 1962 W A R S & S C A R S p a g e 1 1

More information