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Tag Archives: Multi-family

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Affordable “Grandfamily” Units

CRE Worldwide Posted on September 17, 2018 by Ramin SeddiqSeptember 17, 2018

The new 12-storey, 223-unit multifamily development at 1035 4th Street, NW (307 K NW) in DC’s Mount Vernon neighborhood has 50 units set aside for grandfamilies (families headed by grandparents) making between 30 and 40 percent of the area median … Continue reading →

Posted in Metro DC CRE | Tagged Development, Government, Housing Market, Multi-family

Miami’s Multifamily Sector

CRE Worldwide Posted on September 9, 2018 by Ramin SeddiqSeptember 9, 2018

More new apartment units are under construction in Miami as a percentage of the existing inventory than in any other city in the U.S. The 18,000 new units that are either planned or under construction amount to 10.8 percent of … Continue reading →

Posted in US CRE | Tagged Cap Rates, Construction, Investments, Multi-family

DC Court of Appeals Sends Barry Farm Plan Back to Zoning Commission

CRE Worldwide Posted on April 28, 2018 by Ramin SeddiqApril 28, 2018

On Thursday, the DC Court of Appeals halted the city’s plan to redevelop the 444-unit Barry Farm complex. In

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Posted in Metro DC CRE | Tagged Development, Legal, Multi-family

Trader Joe’s Expanding Further in DC

CRE Worldwide Posted on October 2, 2017 by Ramin SeddiqOctober 2, 2017

Specialty grocer Trader Joe’s is expanding further in DC. In addition to Foggy Bottom, 14th Street and Capitol Hill (which opened last Friday), the California-based retailer plans to open a fourth DC location at Union Market next year and recently … Continue reading →

Posted in Metro DC CRE | Tagged Development, Leasing, Multi-family, Retail

Demand for New Multifamily Developments Expected to Stay Strong Through 2030

CRE Worldwide Posted on September 10, 2017 by Ramin SeddiqSeptember 10, 2017

From 2012 through 2016, developers completed an average of 225,000 new apartments per year, according to National Real Estate Investor (citing data from Multifamily Housing Council (NMHC) and the National Apartment Association (NAA)). To Also, Allopathic drugs in a form … Continue reading →

Posted in US CRE | Tagged Demographics, Development, Economy, Multi-family

Harvey’s Impact on Houston CRE

CRE Worldwide Posted on September 1, 2017 by Ramin SeddiqSeptember 1, 2017

A CoStar Group assessment of the impact of Hurricane Harvey and the subsequent flooding shows 175 million square feet of commercial space located within Metro Houston’s 100-year flood zone. This total includes 72,000 apartment units and 20 million square feet … Continue reading →

Posted in US CRE | Tagged Economy, Multi-family, Office

2501 M NW

CRE Worldwide Posted on July 5, 2017 by Ramin SeddiqJuly 5, 2017

Built in 1981, the property at 2501 M Street NW is undergoing a conversion from a Class B office (with three floors of condos on top) to a 59-unit multi-family condominium building with retail on the ground level. PRP Real … Continue reading →

Posted in Metro DC CRE | Tagged Construction, Development, Multi-family, Office, Retail

Cost-Burdened Households

CRE Worldwide Posted on June 16, 2017 by Ramin SeddiqJune 16, 2017

One-third of U.S. households paid more than 30 percent of their incomes for housing in 2015, according to Harvard University. Even though almost two-thirds of U.S. Instead they should openly talk about the issue and also it leads them to … Continue reading →

Posted in US CRE | Tagged Development, Economy, Housing Market, Multi-family

Tehran Housing Market – April 2017

CRE Worldwide Posted on April 30, 2017 by Ramin SeddiqApril 30, 2017

As of March 21, the average home price in Tehran was around $108/sf with regional variation ranging from $201/sf (District 3) to $49/sf (District 18), according to Financial Tribune (citing data from the Central Bank of Iran). Home prices It … Continue reading →

Posted in International CRE | Tagged Asia, Housing Market, Multi-family, Pricing

Multifamily Cap Rates in Canada – Q1-2017

CRE Worldwide Posted on April 18, 2017 by Ramin SeddiqApril 18, 2017

Class A high-rise stock: Nationwide: 4.2 percent; Vancouver: 2.5 – 3 percent; Montreal: 4.25 – 5 percent; Calgary: 4.5 – 5 percent; Halifax: 4.75 – 5.25 percent. Understanding the link between these conditions might just help best price for cialis … Continue reading →

Posted in International CRE | Tagged Canada, Economy, Housing Market, Investments, Multi-family

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