Posts
What is Fee Drag in an Apartment Syndication? Understanding the Hidden Costs
February 15, 2023
Fee drag is an arcane but important term in the investment world, and all investors should understand why fee drag is important. Fee drag in an apartment syndication relates to the fact that transaction costs related to a real estate investment will almost always reduce investor returns on a one for one basis, all else…
Midwest Multifamily Investment Returns Can Rival the Sunbelt
January 23, 2023
As we enter 2023, there are fears of a looming recession, layoffs by the big tech companies are piling up and some hot multifamily markets like Las Vegas and Phoenix are posting negative rent growth. At the same time, many Midwest markets showed not just the stability they are known for, but also rent growth…
Will Higher Single Family Mortgage Rates Increase Demand for Rental Housing? Data, Housing Economists Say No.
December 30, 2022
With single family mortgage rates now hovering near 7%, many multi-family investment sponsors are excitedly talking about increased demand for apartment rentals. This correlation seems logical, but in the real world it’s not that simple.