Q2 in Self-storage: Lessons learned from the coronavirus
Let’s rewind to 5 months past: 2020 has just begun and things are looking up. For the first few months, operators have been increasing rents in anticipation of what could…
Q1 in Multifamily Housing: Everyone still needs a home, pandemic or no-pandemic
“Everyone needs a home,” a song goes, encapsulating the innate strength of multifamily housing even in trying times. The COVID-19 outbreak has to some extent changed the way the sector…
Q1 in Self-storage: Stay strong, self-storage!
Self-storage has gained much traction in recent years, being needs-based: the sector’s ability to shrug-off most demand damage during recessionary periods yet still enjoy modest-to-above-average returns during eras of high…
The Importance of School District Rankings
It is important to examine the school rankings in the surrounding submarket whenever you are pursuing a new multi family investment opportunity. Reviewing the schools available to the residents of…
Apartment Value Add: RUBS & Submetering
The latest value add apartment community in your queue advertises “utilities included”. Including utilities in the rent is a kind gesture by the landlord but there could be some upside…
Cap Rates are in the Eye of the Beholder
Capitalization rates, better known as “cap rates”, are truly in the eye of the beholder. Different market participants could come up with different cap rates for the same property even…
Apartment Value Add: Interior Renovations
“Proven Value-Add! 20% of the units have been renovated and are achieving $250 premiums,” the broker’s email blast reads. After a cursory search reveals the apartment community is in a…