Andrew Rybczynski News Today

The delta between cap rates for older and newer multifamily assets narrowed so much investors see few reasons to buy older buildings

"Bohater Powstania Warszawskiego, architekt Banku Światowego, wykładowca akademicki i niekwestionowany autorytet kilku pokoleń Polaków" - tak zmarłego prof. Juliana Eugeniusza Kulskiego wspomina Fundacja Kulskich.

Investors Have Backed Away from “Walkability” in Making Multifamily Plays Prices have fallen for assets with higher "walkability" scores while theyve been rising for assets in more spread out, car-centric communities. It’s been good year for anyone tired of hearing about the high value of “walkable” apartment properties. Walkability has become a buzzy concept in residential circles in recent years, propelled in part by “walk scores” metrics developed by Redfin and other com...

Among the ten greatest books ever written in economics is  University Economics. First published in 1972, this textbook that is co-authored by Armen A. Alchian and William R. Allen is a marvel. If you read it and grasp even no more than one-third of its lessons you will gain keener insights into economic forces at work than are had by some Nobel laureates in economics. If you grasp most of the lessons of this book, you will possess economic insight that is rivaled by very few people indeed. ...

Thousands of apartments stood empty in August 2020 that had been occupied only a few months before in urban cores across the country, including in previously white-hot markets like San Francisco and New York. Desperate owners have been dropping rents and offering eye-popping concessions and optimizing on-site amenities in attempts to lure tenants. But it’s not nearly been enough to offset the trend of residents relocating to more spacious and less expensive markets as well others, including m...

Multifamily Properties Are Positioned for a Strong 2021 The rollout of a vaccine and the likelihood of more federal COVID-19 relief measures in the near term will help sustain the apartment sector. The multifamily sector weathered the storm in 2020, living up to its reputation as one of the most stable commercial real estate asset classes. The forecast for apartments in the new year is also bright. And even with where things sit today with the still raging pandemic and the terrifying sc...

Vaccine Approval Could Mark a Turning Point in CRE Price Discovery Buyers hoping to capitalize on distress may only have a small window of time to strike as long-term prospects for troubled assets begins to brighten. Investors hoping to cash in on a COVID-19 pricing discounts may see opportunities slip away as emergency-use approval of the first vaccine against in the virus was granted to Pfizer and with availability expected to grow as other firms gain approvals in the coming weeks and ...