Author Archive | Mike Ballard

Freddie Mac Building Photo

Freddie Mac Expects To Close 2016 With $55B In MF Originations

GlobeSt.com reports that Freddie Mac expects it will end 2016 having done around $55 billion in mortgage purchases, or originations as the rest of the industry would call it. It will also have done by year-end, give or take, some $50 billion in securitizations. So says David Brickman, executive vice president and head of the Multifamily Business, […]

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The Number of Prime Renters Will Eventually Begin to Shrink

Costar Says “A Storm is Brewing in Multifamily”

The CoStar Group, the leading provider of commercial real estate information, analytics and online marketplaces, published a brief about the multifamily market that states the demand is set to decline in the apartment market. As Millennials get married, start having families, and begin buying homes, demand will decline as a result of this trend.  They report […]

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NMTC Qualifying Tracts 2011-2019 Los Angeles area.

CDFI Fund Awards $7 Billion in NMTC Allocation Authority

On November 17th, the U.S. Treasury Department’s Community Development Financial Institutions Fund (CDFI Fund) awarded a record $7 billion in New Markets Tax Credit allocation to 120 community development entities throughout the country. Based on the conditions of the awards, it is anticipated that approximately $5 billion of allocation will be deployed to support businesses […]

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Apartment Occupancy Hits a 16-Year High

U.S. rental apartment occupancy reached 96.5 percent in the third quarter of 2016, according MPF Research, the market intelligence division of rental housing technology firm RealPage, Inc. (NASDAQ: RP). Up from 96.2 percent a year ago, today’s occupancy reading is just shy of the all-time peak of 96.8 percent set in the tech boom period of 2000. Most […]

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U.S. Multifamily Market Report Released

The inaugural Rental Ranking Report from All Property Management features insights into the attractiveness of real estate investment in 75 major U.S. metropolitan areas, over all four quarters of 2015. The higher a metropolitan area’s ranking, the better ROI for rental housing within it. The report includes a breakdown of regional performance trends and a look […]

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It’s All About Speed and Execution

In recent years, a series of broad economic and technological changes has dramatically shifted the competitive landscape for real estate companies and increased the speed of business.  Multifamily executives are regularly asking themselves: Why do I feel bogged down with so many processes? Is my firm nimble enough? Am I paying too much for the management […]

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The History of the Internet

By Scott Seegmiller I was co-founder of a Property Management company 25 years ago. We were leading edge back then, running 110 properties on a Single User DOS-based system. Our internet? Mail a 3.5-inch floppy disk to the corporate office. It worked, we developed processes and procedures surrounding the systems and we made it very […]

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