Housing Wire

JULY 20, 2022

Specifically, there is a high cost in constructing accessory dwelling units – or ADUs – which are secondary residences on a land parcel zoned for single-family housing. Homeowners constructing an ADU – whose total build costs run over $150,000, according to the report – use cash out refinances, home equity loans, and renovation loans.

Finance 371

Finance Legal Landlords Construction 371

Simonson Real Estate

AUGUST 24, 2020

It was here that I had the opportunity to moderate the Banking and Construction Lending Update discussion with Patricia Gnetz of U.S. A more conservative approach is being taken and in-depth underwriting is taking place to ensure the borrowers and tenants occupying space have the durability to continue performing. Contact him today!

Lending 148

Lending Construction Tenants Real Estate 148

Housing Wire

OCTOBER 3, 2023

For example, a new construction property that cannot be entered for safety reasons, a tenant-occupied rental property, or properties whose sellers are just not comfortable entering into the MLS but would sell if they received an offer that satisfied their needs and worked with their requirements.”

Realty 403

Realty Agents Clients Tenants 403

Housing Wire

OCTOBER 4, 2023

Rent control benefits some tenants with access to controlled rates, primarily older and long-term residents. In places like California, laws allow owners to evict tenants for personal occupancy or to sell units as condos. But rent control has also shown overall mixed results. There is some hope for more balance to come.

Agents 398

Agents Tenants Real Estate Agent Construction 398

Housing Wire

JANUARY 23, 2024

For Universal Studios employees, the owners of the park are seeking to construct a 1,000-unit mixed-use development slated to open in 2026 that would promise a short commute to the Universal Orlando Resort, which is also aiming to open a full-scale third theme park called “Epic Universe” next year.

Development 346

Development Tenants Investing Design 346

Housing Wire

MAY 9, 2023

Another allows for easier accessory dwelling unit (ADU) permitting and construction within the state. The governor also signed House Bill 1074 into law, which requires landlords in the state to show documentation of damages when they withhold part of a renter’s security deposit after the tenant moves out. Democratic Sen.

Landlords 290

Landlords Tenants Law Design 290

Housing Wire

APRIL 19, 2021

Knox automates and oversees a property’s finances and taxes, insurance, leasing and legal, tenant and property care, banking, and bill pay. Knox oversees a portfolio of more than $100 million in investment properties, and was named one of HousingWire’s 2021 Tech100 companies.

Landlords 375

Landlords Investing Tenants Construction 375

Housing Wire

AUGUST 18, 2023

The funds will also allow for new housing construction with CDBG funding in declared-disaster areas, and provide flexibility in HOME tenant-based rental assistance requirements “to reduce burden for those seeking assistance.”

Government 337

Government Mortgage Tenants Development 337

Housing Wire

SEPTEMBER 14, 2023

These structures can generate rental income to offset rising mortgage payments, and create more long-term rental supply, ultimately lowering the average rental cost for tenants. For local governments, ADUs can increase the number of tenants in areas where high-rise dwellings are not a desirable option.

Tenants 362

Tenants Government Law Buyers 362

Housing Wire

DECEMBER 19, 2023

The technology likely to have the biggest impact in 2024 Data-driven property management : Real-time insights into property performance optimize rents, maintenance schedules and tenant satisfaction. The current absence of rental listings on most MLSs has significant repercussions, resulting in financial losses for both agents and tenants.

Real Estate 445

Real Estate Marketing Technology Tenants 445

Housing Wire

JULY 27, 2023

million units last month , supply is mostly coming from multifamily rental construction. Many owners are attempting to pass along the increased financial burdens to tenants by increasing rental rates, provided that demand in a particular submarket supports higher rental rates,” Barry said. Powell also said more supply was coming.

Construction 354

Construction Tenants Mortgage Finance 354

The Robert Weiler Company

APRIL 5, 2023

Almost one-third of new warehouse space for lease is snatched up before the construction project is complete. Renters are outpacing the construction of industrial units and warehouses. It may not be ideal to “piggyback” the warehouse for rent from another tenant, but it could be the best direction when there’s limited availability.

Landlords 144

Landlords Tenants Logistics Real Estate 144

GoForrmz

MAY 23, 2022

The Procore and GoFormz integration allow construction teams to address these challenges head-on, by providing a simple, easy solution to simplify project oversight and maintain the quality residents expect. Register Today.

Tenants 78

Tenants Inspection Construction 78

Housing Wire

OCTOBER 4, 2023

This is likely because rates of nonpayment from both commercial and residential tenants skyrocketed during the pandemic. Unlike in the construction industry, the BDS data does not distinguish between residential and non-residential, so it is unclear how residential lessors fared relative to retail, office, etc.

Landlords 363

Landlords Agents Brokerage Supply Chain 363

Housing Wire

OCTOBER 2, 2020

Residential construction employment (including specialty trade contractors) posted another large increase this month, with job gains of 22,000, which Doug Duncan, chief economist at Fannie Mae , said is a welcome sign for a sector dealing with supply constraints. “For

Tenants 370

Tenants Government Retail Business 370

Housing Wire

APRIL 6, 2021

In other words, owners of single-family rental units may not always – or even ever – sell directly to their tenants. First-time hombeuyers who are, by definition, renting, would purchase previously rented homes or homes of long-time residents who moved elsewhere. But the switch may not always be direct.

Inventory 544

Inventory Housing Market Marketing Landlords 544

Simonson Real Estate

DECEMBER 6, 2022

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Signed lease documents, detailed rent roll, etc.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

Simonson Real Estate

JULY 10, 2020

The understanding here is the tenants could vacate and a more reliable value is provided by the fee simple analysis based on market rents. Examples: A building owner has a single lease or multiple leases with tenants. New construction or planned renovations – Actual construction cost statements, plans, material specifications, etc.

Appraisal Process 148

Appraisal Process Appraisal Market Value Tenants 148

Appraisal Buzz

MAY 24, 2021

It’s not uncommon for people to have tenants or roommates, but you’ll typically find that isn’t the case with single-family houses. If you want to be a real estate investor, you wouldn’t necessarily purchase multiple single-family properties when you could fit more tenants into one building. That’s why multifamily homes exist.

Appraisal 397

Appraisal Tenants Buyers Landlords 397

McKissock

FEBRUARY 7, 2021

Mistake #1: Not screening tenants. Though the risks are high, it is not uncommon for landlords to bypass screening new tenants. Unfortunately, there are tenants that know how to exploit this trust, and will inevitably cause you months of grief. Mistake #2: Failing to do a routine inspection of your property.

Property Management 81

Property Management Tenants Inspection Clients 81

GoForrmz

MARCH 8, 2022

From determining competitive rent prices to screening tenants and properly maintaining properties, these critical items can get backed up easily if daily operations aren’t efficient. Through our form sharing feature, Public Forms , property managers can share lease agreements with tenants via a shared link.

Property Management 78

Property Management Tenants Contracts Clients 78

Cleveland Appraisal Blog

NOVEMBER 14, 2022

Hire construction professionals you trust, and maintain oversight of the project throughout its duration. This will help you ensure that the construction staff is safe. Whether it’s a residential building or a retail mall, you want to attract tenants and clients so that you can start generating profit. Invest in marketing.

Real Estate 303

Real Estate Development Appraisal Contracts 303

McKissock

FEBRUARY 16, 2021

Why might you be engaged to appraise a single or multi-tenant industrial or flex style office building? Copies or outlines of any leasing that has been obtained pre-construction. Estimate of when the construction project is to begin and end. What information do you need when appraising industrial and flex buildings ?

Appraisal 96

Appraisal Tenants Construction Renovations 96

Miller Samuel

MARCH 11, 2019

Deutsche Bank is replacing Warner Media as the anchor tenant in 2021 so the project will be renamed for the new tenant. However, Deutsche Bank has been having its share of financial problems and is considering a merger with Commerzbank. Perhaps that's why Related went with 'Hudson Yards.'.

Tenants 243

Tenants Development Government Architecture 243

GoForrmz

OCTOBER 11, 2021

Daily construction reports - Easily generate daily construction reports via a shareable link or by scanning a QR code. Once completed, digital daily construction reports can be automatically routed to contacts for approval. digital data capture and automated routing can help your operation stand apart from the competition.

Tenants 78

Tenants Construction Tools Clients 78

The Robert Weiler Company

JULY 6, 2021

The two scenarios surrounding build-to-suit are speculative buildings and scenarios where the tenant has already been secured. Speculative buildings are produced without the guidance of a specific tenant in mind but can be rewarding if they are of high quality and fulfill the needs of local businesses. Appearance.

Logistics 147

Logistics Tenants Real Estate Modernization 147

Simonson Real Estate

JANUARY 23, 2020

Often times, the tenant is able to rationalize these locations with part of the costs allocated for marketing. Investors want to have a stronger comfort level with the probability the tenant will renew. A function of location and credit risk profile of tenant. This has changed from even 10 years ago. Industrial. Now $85.00/SF

Real Estate 78

Real Estate Tenants Retail Valuation 78

Appraisal Buzz

AUGUST 29, 2022

Construction has failed to keep up with the demand of households, especially with the increase during the COVID-19 pandemic. The infrastructure improvements to water systems and transportation allow investors looking to purchase and build property for rent to worry less about mitigating those problems themselves to attract tenants.

Transportation 370

Transportation Law Investing Investors 370

Housing Wire

NOVEMBER 1, 2022

According to a recent National Association of Realtors (NAR) survey, 86% of tenants renting single-family homes end up purchasing a home within five years. . million more households — roughly equivalent to the same amount of new construction the United States sees in a year. And the numbers back up this counter narrative.

Buyers 343

Buyers Tenants Housing Market Marketing 343

Simonson Real Estate

OCTOBER 23, 2020

We’ve done several appraisals in Minnesota of new construction Dollar General stores since the March timeframe and cap rates have compressed. Moderate credit tenants – 6.5% Multi-tenant retail centers – 6.0% Essential retailers are performing well and demand has even increased for certain retail uses. Suburban Class A – 5.0%

Appraisal 143

Appraisal Retail Tenants Real Estate 143

The Robert Weiler Company

JANUARY 27, 2023

Add in the aftermath of COVID-19 with lingering supply chain shortages, inflation, and a severe housing and construction crisis, and it’s clear that in many respects, Columbus is bucking several trends while simultaneously pioneering new ones. But these broad strokes barely scratch the surface of Columbus’ full potential.

Real Estate 148

Real Estate Supply Chain Construction Development 148

GoForrmz

MARCH 30, 2022

Simplify the rental application process with electronic signature fields To find the right tenant for your rental property, you need to be able to seamlessly collect a variety of forms. With electronic Signature fields, long are the days of chasing down tenants for autographs on important documents. Read the Balmain & Co.

Property Management 78

Property Management Tenants Contracts Construction 78

Appraisal Hub

FEBRUARY 15, 2024

These appraisals are more complex, considering factors such as revenue generation, operating costs, tenant contracts, and market position. Physical Inspection: A thorough inspection of the property to assess its condition, quality of construction, and any features that may affect its value.

Real Estate 78

Real Estate Appraisal Appraisal Process Inspection 78

Property Metrics

AUGUST 13, 2020

Similarly, leased property includes a risk that tenants will not be able to make timely lease payments as expected. Late payments can create cash flow problems for the property owner, but the situation can be worse if the tenant goes out of business and moves out of the space. Inflation Risk. Interest Rate Risk.

Real Estate 53

Real Estate Tenants Investing Construction 53

The Robert Weiler Company

DECEMBER 8, 2022

However, unlike many areas of the current economic climate, demand for warehouse space for sale and warehouse rentals continually increases, with new construction occurring in Columbus, Ohio, and across the nation. And by requiring that your tenant pays for all operating expenses, you significantly reduce overhead management costs!

Real Estate 78

Real Estate Investing Supply Chain Tenants 78

Housing Wire

MARCH 2, 2022

This bottleneck has led to significant housing shortages, and left tenants and renters facing ludicrously high housing costs. Philadelphia recently offered developers a 10-year tax abatement for new construction. Once we accept that, it becomes easier to envision a more balanced approach.

Development 294

Development Real Estate Design Local Properties 294

The Robert Weiler Company

MAY 18, 2022

Retail space for sale differs from other types of commercial real estate because owners are trying to either (1) attract customers, or (2) attract tenants that plan on attracting customers. Good staging gives prospective tenants ideas on what they can do with the property themselves. CRE Property #2: Retail/Restaurant Storefront.

Real Estate 148

Real Estate Tenants Retail Investing 148