Ivan Kaufman’s Blog 2017-07-19T16:32:21+00:00

Ivan Kaufman’s Real Estate Blog

Weekly Roundup | June 09, 2017

In this week’s top multifamily reads, we see that foreign investors are still interested in U.S. commercial real estate — in fact, the asset class captured 31% of 2016’s global capital investments, according to Real Capital Analytics. We also learn why Florida and Texas are two of the top markets for those foreign investments. Additionally, a recent article from Commercial Real Estate Direct explores the demand characteristics supporting long-term growth in the Class B/C sector, which is proving to be a growing target for foreign capital.  


10 US cities where everyone wants to live right now

via Business Insider – June 6, 2017

“Austin is so hot right now — and no, we’re not talking about the rising temperatures.”


Foreign Investors Will Continue to Favor U.S. Assets

via National Real Estate Investor – June 9, 2017

“In the wake of international events like Brexit, investors are flocking to the U.S. in droves, and global interest in assets here continues to proliferate.”


Florida, Texas top foreign buyers property purchase list

via The Dallas Morning News – June 7, 2017

“Florida, Texas and California were the most popular markets for offshore buyers acquiring small properties for either investment or use, the Realtors found in their annual commercial real estate survey.”


Investor Demand for Senior Housing Continues to Grow in U.S.

via World Property Journal – June 7, 2017

“Despite investors’ expectations for rising interest rates, nearly 60% of respondents expect to increase the size of their portfolios in 2017 compared with 47% a year ago.”


The Multifamily Sector: A Tale of Two Classes

via Commercial Real Estate Direct – June 5, 2017

“Luxury apartments have been the darlings of the multifamily sector’s building boom since the Great Recession. However, a number of shifting dynamics are putting pressure on the asset class, while mid-range class-B properties remain underserved by developers and investors, despite strong fundamentals.”

Weekly Roundup | June 02, 2017

As we enter what is historically peak multifamily leasing season, this week’s roundup of top apartment reads will get you prepped on how to make the most of the busy time. While potential residents are out hitting the ground searching for their next home, apartment investors searching for their next opportunity can take a look at the nation’s most walkable cities for ideas. Always popular with younger high-earners, it is no surprise that a number of the most walkable cities match up with the top markets for STEAM-employed renters — think STEM plus Arts and Finance — which are outlined in a recent ALEX Chatter research post.

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First Quarter Commercial/Multifamily Delinquencies Remain Low

via Mortgage Bankers Association – June 1, 2017

“Delinquency rates for commercial and multifamily mortgages remained at or near record lows for most capital sources during the first quarter.”


Commercial Real Estate Lending Growth Remains Strong Despite Fed Rate Hikes

via Forbes – May 31, 2017

“While this trend is most visible for the commercial and industrial loan category, commercial real estate lending activity has bucked this trend to grow at a faster rate than any other loan category.”


High Skilled Workers are Moving to Secondary Markets

via ALEX Chatter – May 31, 2017

“While Gateway markets like New York and San Francisco still dominate, the STEAM job market (think STEM plus arts) is increasingly moving to Secondary markets.”


These Are the 10 Most Walkable Cities of 2017

via Redfin – May 31, 2017

“New York, San Francisco and Boston remain the most walkable large cities in the U.S., according to the latest annual ranking by Walk Score®.”


How Multifamily Owners Can Maximize Revenue before Peak Leasing Season

via National Real Estate Investor – May 30, 2017

“Before peak leasing season is in full swing, there are several steps that multifamily property owners and managers must take to ensure that they make the most out of the busy time.”

Weekly Roundup | May 19, 2017

In this week’s collection of the top multifamily reads, we gain some insight into how the apartment value-add investment strategy has evolved over the course of the multifamily cycle to meet changing renter demands. Freddie Mac also provides us with some insight into how changing demographics and a persistent gap in new supply support continued multifamily rent growth. We’ll also take a deeper dive into how autonomous vehicles will impact urban development.


Another Second Quarter Rebound Likely to Follow First Quarter Slowdown

via Fannie Mae – May 16, 2017

“For the fourth consecutive year, first quarter growth slowed from the fourth quarter, partly reflecting ongoing seasonality issues. However, incoming data suggest that consumer spending growth will pick up this quarter.”


Growing U.S. Home Sales No Threat to Apartment Demand

via JLL – May 16, 2017

“For-sale housing should not be regarded as an enemy to the apartment market. Not only do demographics still favor the rental market, but for-rent and for-sale housing are more complementary than competitive. Both can perform well at the same time.”


How Value-Add Has Changed Since The Great Recession

via Bisnow – May 16, 2017

“In the 10 years since the Great Recession, the process of value-add multifamily investing — buying a property, renovating it, raising rents, then selling for a profit — has completely changed.”


As Self-Driving Cars Hit the Road, Real Estate Development May Take New Direction

via Curbed – May 16, 2017

“Many believe autonomous vehicles’ potential to reshape real estate, development, and city planning will rival that of the introduction of the automobile.”


Multifamily: It’s All About the Fundamentals

via Freddie Mac – May 9, 2017

“Rents will continue to increase because they are principally driven by two factors: a change in demographics which favors rental housing and a persistent gap in new housing production since the 2008 housing crisis.”