Kiss Those Huge Returns Goodbye
Austin's multifamily fundamentals still look great, but one thing is slipping: Experts at Bisnow's Austin multifamily event yesterday says oversized returns are going the way of the dinosaurs.
CWS Capital Partners partner/CIO Mike Engels says rents have been increasing far faster than the rate of inflation, which has been great for values, and his company's been benefiting from exceptional development returns. But it's coming to an end, especially…
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4 Multifamily Capital Markets Takeaways
The capital markets are rapidly changing in the multifamily sphere. Speakers at Bisnow's Austin multifamily event yesterday broke down how.
1. Debt is tightening up. A lot.
JLL managing director Scott LaMontagne (left, with Urbanspace's Kevin Burns) says equity is more available than it used to be, but debt is becoming extremely difficult to line up. That's because a lot of lenders are saturated, The Sutton Co…
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Spotlight On Central Texas Multifamily
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Regus Tasting Notes
Success never tasted so smooth, with hints of dried fruits, spice, and—do I detect a bit of ginger? Regus recently hosted a “Taste of Success,” a broker networking event at Lamar Central in Austin, where guests sampled an array of impeccably curated prized scotches while rubbing elbows with old friends and making new ones.
With its Taste of Success events, Regus elevates the networking experience, taking it “beyond the golf course,” as one guest remarked.
The Taste of Success showcased technologies that provide custom office space solutions for guests' clients. JLL's Bre Brown said…
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This Week's Austin-San Antonio Deal Sheet
Austin-based The Sutton Co and Dallas' Koa Partners are going all in to build a 60-story tower that would house luxury apartments, a hotel and office space in the Rainey Street District.
Groundbreaking on the two-acre site is set for mid-2017. The cost of what will be the tallest building in the city is reportedly about $460M. Developers also want to build a smaller building adjacent to it for condos and another…
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Falcon Realty Expands To Austin
Dallas-based Falcon Realty Advisors expanded into Central Texas with the opening of its new Austin office. The company specializes in representing retail, restaurant and entertainment tenants.
Travis Heinrichs, who joined Falcon in 2013 and most recently served as director…
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Real Estate Transactions Decline In Q1, But Outlook Remains Healthy
Though commercial real estate transactions decreased significantly in Q1, industry experts say the outlook remains healthy for capital markets.
Deal volume fell 18.5% to $108B compared to the year-ago quarter, Ten-X says in its CRE capital markets report. “A first-quarter slowdown in transactional volume was predictable, as investors traditionally push to get deals on the books by the end of the fourth quarter,” Ten-X Research chief economist Peter Muoio says.
Check out how the five real estate sectors—office, industrial, hotel, multifamily and retail— fared in Q1.
Click here to read the full story. |
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Study Finds REITs Are Pension Funds' Top-Performing Asset
Declining interest rates have hurt pension fund investments, making it difficult to yield large returns, so funds have turned to alternative investments like real estate.
A recent study revealed REITs are the top-performing asset class in pension funds, despite the fact they account for less than 1% of fund allocations, CEM Benchmarking researcher Alex Beath tells Bisnow.
Click here to read the full story. |
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What A Time To Come To London!
In business, timing is everything.
Just as Britain walks away from its relationship with the EU, Bisnow is bringing its one-of-a-kind news and events platform to the UK—starting July 4 (we'll bring the fireworks). Get ready for the chance to rub shoulders with real estate's movers and shakers in the Old Smoke.
Hurry up and subscribe to our London newsletter to avoid missing out on Bisnow's (almost) never boring events (launching in Jolly Old this fall) and read about the biggest news in the city. Check out our London page here. Responsible for any of that news? Email Cate Meredith, our UK editor on the ground.
For any sales and events inquiries, contact Natascha Bhuiyan. |
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