Jonah Serie

Transwestern's Q1 office report for San Antonio is out, revealing insights and an outlook for the area. Despite Q1 showing increased vacancy rates and negative absorption, these numbers are look backwards, not forwards and positive shifts are underway in Q2, indicating a more optimistic sentiment in the San Antonio metro area. San Antonio stands out as the top city in the nation for population growth, with approximately 22,000 new residents added in 2023, the highest in the country. Costar projects that San Antonio will lead in office rent growth over the next four years due to favorable conditions compared to other markets. Population growth is a key driver for commercial real estate, indicating continued demand for service centers, retail, and outperformance in industrial and office spaces. While there is currently an oversupply in office and industrial vacancies, limited new construction in the pipeline suggests a rebound in fundamentals, favoring landlords in the next 12-18 months. Amidst these market dynamics, now is an opportune time for companies to consider right-sizing or leveraging the soft market conditions before potential tightening later this year and into 2025. Companies are also reentering the market to acquire properties for their use, capitalizing on the softer sales market and favorable loan terms for owner-users. Real estate decisions are highly local, and understanding local opportunities is vital for successful transactions. Whether you have commercial real estate needs or questions about the market, feel free to reach out. I'm here to assist in navigating these changes and identifying the best solutions for your business.

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Growing up in Texas, you only had to wait 5 minutes… …and the weather would change. The Texas weather is finicky! So, coming out of 2023, where some were standing on shaky ground… …well, it's about to change. High mortgage rates and tight home inventories suggest… …more people are renting for longer. Which keeps rents elevated. Nothing to see here! But really, what does that mean? Should we start talking about recession again? Let’s tap the brakes… This is a huge opportunity for Property Management Companies like… Greystar Wak Management Lincoln Property Co Cushman & Wakefield …just to name a few. Especially with over MM units managed in 2022/2023. That number probably grows each year. High occupancy and retention are the benefits. So much that Mary Le (Moody’s Analytics) says… “with multifamily residents staying put for longer, rents will remain elevated” Which signals YoY growth. How is your property management company positioned for this?

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Just Announced: Legacy Partners’ Matt Brendel will join local power players for the Development & Redevelopment Today discussion on August 20 at the 6th annual Connect Texas Multifamily event. Brendel will talk about what new SFR and multifamily developments are coming to market, trends in new mixed-use, MPC’s, and amenity-driven projects, which cities are seeing increases/decreases in starts and completions, and much more. #Multifamily #Conference2024 #TexasMultifamily

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This ain’t Texas, ain’t no hold ’em ?…except when you’re talking about real estate. Then you want to hold as long as possible. Simply put, as home values rise over time, your home appreciates, and that equity continues to grow, providing you with a nice little nest egg in the future. And this is just one of the many ways you can build wealth through real estate. Guess what…? We’ve got several other ways! DM me to learn more. #smartinvesting #homeownership #benefitsofowningahome #mortgagetips #firsthome #starterhome #homeequity #buildingwealth #wealthgeneration

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Title: Prime Land Acquisition Opportunities in Texas Must-See Properties for Land Acquisition and Site Selection Professionals! 🌟 Exciting News for Land Acquisition and Site Selection Experts! 🌟 I am thrilled to present unique opportunities and land for sale in one of the fastest-growing metro areas in the United States – Dallas Fort Worth TX. I have prime land offering substantial acreage ideal for various development projects, including industrial, data center, multifamily, and mixed-use developments. Land For Sale Key Highlights: Location: Situated in a rapidly expanding area, benefiting from both a growing population and increasing commercial activities. Accessibility: Excellent connectivity with major roads and potential for substantial developmental projects. Flexibility: With zoning that supports a wide range of uses, from to industrial and residential developments. Investment Potential: Texas has been recognized for its economic growth and potential, making it a wise choice for both short-term and long-term investment strategies. Ideal for: Real Estate Developers: Looking for land with versatile development potential. Investment Analysts: Seeking opportunities with robust growth potential in real estate. Corporate Entities: In need of land for expansion or new facilities. 🔗 For more details or to discuss opportunities, please contact: Rose@8888cre.com Don’t miss out on the chance to own or develop in the most sought-after locations in Texas. Whether you are expanding, investing, or developing, I can offer the perfect canvas for your next big project! #LandForSale #RealEstateInvestment #SiteSelection #LandAcquisition #TexasRealEstate #DevelopmentOpportunity #IndustrialLand #FarmLand #MultifamilyLand Feel free to connect and message me directly for more insights or partnership opportunities. Let’s make the most of these incredible opportunities together!  8888cre.com winwincre.com

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So excited for this new book, this new chapter, and the new relationships and friendships that have begun. Aligning values, morals, and truly being one team defines what RPM Living exudes. Change comes with a bit of anxiety but is necessary to reach higher goals and push past the limits you once thought you had! Let’s do this! #alwayshiring #beagoodhuman #rpmone #multifamilydisruption

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Texas... 🤠 Texas leads the nation in annual job creation following the latest employment numbers posted in March. Adding just over 270,000 jobs over the past 12 months. It continues to hit highs too: - A new high with the largest labor force ever in the state's history - A new high for Texans working, including self-employed - A new high for total jobs It has also seen job growth for 45 of the last 47 months. It continues to be celebrated as one of the fastest growing economies in the country. What do you think is contributing to its success or better yet what do you believe could slow it down?

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Our Industry Principal, Bruce McClenny, was recently featured in an interview with San Antonio Express News where he discussed the influx of new deliveries in San Antonio and how that's been impacting business for multifamily. "More than 10,000 units were completed in 2023, and 12,500 units are scheduled to be finished this year, far above the typical tally of about 5,000 to 6,000 units built annually in the area..." all coming at a time where "demand has changed drastically." "Now, that supply is flooding the area as absorption is declining and interest rates are rising. After bidding up prices for complexes, investors are now facing soaring debt costs and plunging property values. The occupancy rate was 87.2% in 2023 and is projected to drop to 85.5% this year, with rent growth dipping into negative territory at minus 1.3% and minus 3%, respectively." These are just some of the contributing factors. It's not just important, it's now absolutely necessary to know the data, the trends, and what's happening in detail in your market and submarket. Multifamily has a challenging 2024 ahead but you can be successful if you're knowledgeable and using the tools available to you to make the best strategic decisions for your properties and ownership. Don't know what to look at and how the data is useful...that's what I'm here for! Let's set up a zero pressure call. I'm a resource above and beyond all other parts of my job and would love to help. 😊 Let's dive in, shall we? #MRIApartmentData #Data #MultifamilyTrends

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The construction boom in DFW is having a significant impact on industries beyond just construction. HVAC and property management are among the industries experiencing a domino effect from this growth in 2024. As a result, there is a surge in demand for skilled workers, innovative technologies, and sustainable solutions. Let's take advantage of this wave and capitalize on the opportunities it presents for growth and collaboration. #DFWConstructionBoom #IndustryImpact #GrowthOpportunities

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Investment sales are hard right now. The bid/ask spread is too wide in our markets around Central Texas. Development is expensive, construction costs high, and key electrical components are years out in some cases. Dirt is expensive to carry and prices out a lot of development. But sale leasebacks can be a win/win. The business gets some working capital and to avoid moving. The buyer can get a fully leased asset at an attractive return. Owner/operators are worth connecting with.

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- 🏢 Samsung Electronics opens new sales offices in North Austin and The Woodlands, Texas. - 📍 North Austin office at The Domain, 14,000 sq. ft., with 40 staff members for sales and engineering support. - 🌆 Houston-area office in The Woodlands, 6,200 sq. ft., with 20 staff members focusing on memory business. - 💼 Offices support Samsung's $45 billion investment in Central Texas, including campus expansion and new facilities in Taylor. - 🥳 Celebratory event on May 16 attended by local officials and Samsung executives. - 🤖 AI advancement driving demand for customized semiconductor solutions. - 💪 Continued investment brings Samsung's total in Central Texas to $63 billion. - 🏭 Investment will create a "Central Texas cluster" for semiconductor manufacturing. - 📈 Projected creation of 4,500 manufacturing jobs, 17,000 construction jobs, and tens of thousands of indirect jobs. - 🏗️ Taylor site to include a fabrication plant, office space, parking garage, and utility buildings, operational this year. - 🌐 First fab to produce 4-nanometer and 2-nanometer chips, with production starting in 2026 and 2027. - 🧩 Advanced packaging facility and research-and-design lab to be added, marking a comprehensive manufacturing ecosystem. - 🏢 North Austin site expansion includes two fabrication facilities and collaboration with the U.S. Department of Defense. #SamsungTexas #TechInvestment #AustinGrowth #SemiconductorIndustry #CentralTexasCluster #AIInnovation #ManufacturingJobs #EconomicDevelopment #TechExpansion #TaylorTexas #AustinTechScene

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Reach out today for your free estimate! Durability** The durability of metal roofing is unquestionable – when installed properly, it can last as long as the building itself. Traditional asphalt roofing materials have an estimated life expectancy of 12-20 years, while metal roofing can last 40-70 years. Warranties vary, but companies commonly back their products for 20-50 years. Paint finishes typically have a 30-year limited warranty. Metal roofing resists the culprits that most often degrade roofing, such as fire, mildew, insects, or rot. Some metals are also impact-resistant, which further reduces periodic maintenance costs. Wind Resistance** Interlocking panels provide maximum strength, able to withstand wind gusts of up to 140 mph. Water Resistance** Metal roofing’s interlock panels are designed to seal out rain and snow. Because the metal surfaces are slick, they also quickly shed snow accumulation, preventing that water weight from causing any problems. Fire Resistance** Because metal roofs are noncombustible, they do not spark or ignite during fires or even from lightning strikes. They’re given a Class A (most resistant) fire rating. To be candid, some metal roofing projects may receive a lower fire rating. This is because part of the classification depends on materials beneath the surface. For example, metal roofs applied over wood shingles often receive a Class C rating. https://lnkd.in/gs6CYHHG

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