Multifamily

From property management and marketing to investment brokerage and financing, new technologies are disrupting and transforming every corner of the multifamily market.

The San Francisco metro market volume actually fell by 18% from $31.9bn to $26.2bn year-over-year, landing at sixth place this year compared to its ranking of third in the world the previous reporting year.

The property, located at the northwest quadrant of Powers Ferry and Terrell Mill Roads, will be located within the new master planned 24-acre Marketplace Terrell Mill development.

Decron plans to invest approximately $400 million in the Seattle market during the next 36 months after its recent purchase of Avana 522, a 558-unit multifamily property in Bothell for $173 million.

The assets do not align with the seller's core plan for the area, so it is effectively the first time they are available to be acquired by someone who can focus on maximizing each individual asset.

Word on the street has it that the Federal Housing Finance Agency will release the GSE scorecard this week.

Interest rates are expected to rise through 2019, but the supply shortages will continue to fuel investment activity, despite the higher cost of capital.

Due to the housing constraints found in the Seattle market, there are many cases where developers tear down a single house and squeeze in three to four townhomes on that single lot, often with no parking.