Monthly Archives: October 2014

Buyer Beware: Due Diligence Do’s and Don’ts

October 29, 2014 – Multi Family Executive.com By: Peter V. Dessau and Eric C. McAllister Inadequate property inspections can lead to serious, and costly, repairs after the purchase. With historically high rents fueling the apartment market, sellers are once again … Continue reading

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Cap Rates Hit Record Lows in 3Q (2014)

Overall cap rates are at 5.9%; for mid/high-rise they’ve shrunk to just 3.6%. By: Les Shaver – Apartment Finance Today Magazine Cap rates hit historic lows in the third quarter—falling 40 basis points (bps) to 5.9 percent, according to New … Continue reading

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Cap Rates Hit Record Lows in 3Q

Cap rates hit historic lows in the third quarter—falling 40 basis points (bps) to 5.9 percent, according to New York-based Real Capital Analytics (RCA). The previous low over the past decade was 6.1 percent, which occurred in the fourth quarter … Continue reading

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Multifamily Economists React To Watt Announcement

The government-sponsored enterprises will begin accepting loans with smaller down payments for homebuyers, according to an announcement. Fannie Mae and Freddie Mac will back loans with as little as 3 percent down payments, down from 5 percent, to help bolster … Continue reading

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Grand Parkway, Exxon inspire new submarket, boundary revisions

The extension of the Grand Parkway and the construction of Exxon Mobil Corp.’s new campus in north Houston have inspired Los Angeles-based CBRE Group Inc. to change the way it tracks Houston real estate activity. It has created the north … Continue reading

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