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What’s Being Built in Ferndale? Check Out These Developments

February 22, 2017 |

Ferndale, MI – Ferndale is the hot spot for development these days, with several apartment buildings and other construction projects in the works. If all these projects are successful, there will be at least 428 apartments as well as an … Read More

Q4 2016 Commercial and Multifamily Originations Up 20 Percent

February 20, 2017 |

Commercial and multifamily mortgage originations saw a 20 percent spike between the third and the fourth quarters of 2016, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. However, fourth quarter originations were down by … Read More

Detroit’s Condominium Market Projected to Reach $100M in Sales This Year, New Projects on Horizon

February 16, 2017 |

Detroit’s condominium market is projected to reach $100 million in new and existing sales this year, up from $70 million in 2016, according to The Loft Warehouse, the leading residential condominium broker in Detroit. The company projects 3,350 apartments and … Read More

Multifamily CRE still spells “opportunity” for some

February 14, 2017 |

As most lenders pull back from multifamily, others plow ahead

Despite signs of lower rents and more supply in certain U.S. multifamily markets, some lenders still see opportunity in writing apartment loans.

Since 2010, apartment sale prices have more … Read More

Eight trends in commercial real estate

February 14, 2017 |

Gone are the four basic sectors of commercial real estate: retail, office, industrial and multi-family. They are still very much a part of many portfolios, but the investor and broker will need to consider several new categories.

Real estate investors … Read More

Demographics, Destiny & Multifamily: The 2017 Outlook

February 2, 2017 |

The economist and CPE columnist explains how the changing U.S. population is shaping the sector’s prospects.

To borrow a quote that popped up frequently during the latest election cycle, “Demographics are destiny.” As we approach the ten-year mark of the … Read More

Multifamily Housing Construction Finished the Year on a Strong Note with 26% Rise in New Starts

January 31, 2017 |

NEW YORK, NY – New construction starts in December slipped 5% to a seasonally adjusted annual rate of $613.0 billion, according to Dodge Data & Analytics. The latest month’s decline for total construction was due to sharply reduced activity for … Read More

Multifamily Developers Willing to Pay More to Build Near Mass Transit Stops

January 30, 2017 |

For multifamily developers searching for the most desirable project sites that increasingly means sites near mass transit stations, including light rail and commuter rail stops.

“Transit-oriented development (TOD) has gradually gotten more popular as the cities and renting became more … Read More