Investor Education

5 Things Teleworkers Want in a New Apartment

5 Things Teleworkers Want in a New Apartment “2. LARGE FLOORPLANS Before the pandemic, most renters preferred living in locations closer to entertainment hubs and their jobs, even though that meant paying more for less space, according to nationwide apartment search website RENTCafé. But the health crisis reversed that trend and urged the same renters…

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Coastal Apartment Rents May Have Reached Bottom

Coastal Apartment Rents May Have Reached Bottom “Although the data continue to show significant regional variation, the markets that have been most heavily impacted by the pandemic are beginning to enter calmer waters,” the report states. “In the pricey coastal metros where rents have been plummeting, this month’s data implies that we may have reached…

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U.S. Apartment Rents Near Recovery in January

U.S. Apartment Rents Near Recovery in January “Preliminary statistics for January show that average rents for U.S. apartments now are within a hair of the all-time highs seen in early 2020, as more individual metros are moving back into price growth mode. Across the country’s largest 150 metros, effective asking rents for new leases in…

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Friday Economic Update | 2.26.2021

Friday Economic Update | 2.26.21 Data Updates: 2/22 to 2/26: CNFAI, weekly unemployment claims, STLFSI, and University of Michigan consumer sentiment (month end); 2/15 to 2/19: Private building permits, retail sales, industrial production, capacity utilization, weekly unemployment claims, STLFSI, and existing home sales; 2/8 to 2/12: NFIB small business optimism, nonfarm job openings, nonfarm hires,…

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5 Talents Podcast Presents: 22.66% IRR From A Housing Innovation; A Day in the Life of a Real Estate Developer with Scott Choppin

The daily lives of a real estate developer and investor have some overlaps. There are key differences that distinguish them from each other. Scott Choppin is the Founder of the Urban Pacific Group of Companies. He will walk us through his journey as a real estate developer. He will also discuss his new housing innovation…

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Final Analysis of California’s August Blackouts Yields Few Surprises and a Tight Deadline for Solutions

Final Analysis of California’s August Blackouts Yields Few Surprises and a Tight Deadline for Solutions “The final report on California’s rolling blackouts in August is out — and its key findings for what caused the state’s heatwave-driven grid emergency haven’t changed much from initial findings. Simply put, the heat waves that blanketed the U.S. West…

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Underwriting Adjusts As Pandemic Continues

Underwriting Adjusts As Pandemic Continues “Here’s a secret to CRE underwriting in the COVID era: once the initial shock of the pandemic wore off, underwriters haven’t been as conservative as many had feared. Of course some asset classes almost write themselves: for instance, in some markets multifamily has returned to pre-pandemic pricing making the underwriting…

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Building Permits Dipped 23 Percent in L.A. During Final Months of 2020

Building Permits Dipped 23 Percent in L.A. During Final Months of 2020 “Even as COVID-19 has continued to spread in Los Angeles, developers have pushed forward with construction on a handful of large, visible projects in neighborhoods such as Downtown and Hollywood. But while new towers have continued to reshape the region’s skyline, new statistics…

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Multifamily Property Values Rise, but Not Uniformly

Multifamily Property Values Rise, but Not Uniformly “Looking at market differences Both the CoStar and RCA reports provide some insight into recent performance differences between properties in the urban core and those in outlying areas. CoStar does this by looking at multifamily property value data from what it calls “prime metros” and comparing it to…

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Friday Economic Update | 2.19.2021

Friday Economic Update | 2.19.21 Data Updates: 2/15 to 2/19: Private building permits, retail sales, industrial production, capacity utilization, weekly unemployment claims, STLFSI, and existing home sales; 2/8 to 2/12: NFIB small business optimism, nonfarm job openings, nonfarm hires, STLFSI, weekly unemployment claims, total vehicle sales, and University of Michigan consumer sentiment. 2/1 to 2/5:…

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