Fairfield Residential’s Post

Even in the tri-county, luxury residential building supply currently outweighs demand. According to Cymbal DLT Chairmain Asi Cymbal, "There’s no question that South Florida is the place where many Americans want to live and demand is high but recently supply is higher. We believe this will continue for the next 12 to 18 months until it returns to normalcy with supply and demand.” Recently, Cymbal DLT delivered Laguna Gardens, one of the first multifamily projects to open under the Live Local Act and will soon be breaking ground on the $1.5 billion Nautico District in Fort Lauderdale with multifamily, condo, retail and hotel components. Read more about South Florida's luxury apartment market in Miami Today Newspaper's latest: https://lnkd.in/eDuWYutU

This is only news if they intend to demolish it and build a 50 storey building in its place. 10 storey rental apartments are being bought and sold in North America every other day. #developer #construction #planning #design #affordablehousing #affordablerentals #realestate #commercialrealestate #condos #realestateindustry #interestrates #loaninterest #inflation

6 Ways to Add Value to Your Apartment Community MULTIFAMILY INDUSTRY EXPERTS SHARE THEIR ADVICE ON HANDLING VALUE-ADD RENOVATIONS TO ACHIEVE THE BEST POSSIBLE OUTCOMES. https://lnkd.in/gTysXCMs

6 Ways to Add Value to Your Apartment Community MULTIFAMILY INDUSTRY EXPERTS SHARE THEIR ADVICE ON HANDLING VALUE-ADD RENOVATIONS TO ACHIEVE THE BEST POSSIBLE OUTCOMES. https://lnkd.in/gq_7tFrB

It’s going to be interesting to see how absorbtion goes in the Philadelphia market over the next couple years. Unprecedented supply coming online… It’s really a tale of two vastly different markets based on my experience in the Bay Area that can barely get enough built to keep up with years of back logged demand. In Philadelphia, “Just 45% of the 7,930 units across the 62 luxury buildings completed in 2023 have been filled.” “Luxury units made up the vast bulk of the 11,000 apartments added over this past year, per CoStar. An additional 16,000 luxury apartments are scheduled to be completed within the next two years.” I’m a strong believer that Philadelphia remains a major value play compared to other east coast markets but it’s definitely going to be a drag in the short / mid term. Creative solutions will be needed on the financing side to grapple with this lag…

“This multifamily construction influx indicates not just a wider range of choices for potential renters but also presents opportunities for better deals. Modern amenities, designs, and more are becoming increasingly available to renters, enhancing urban living standards and lifestyles. As RentCafe.com remarks, this surge marks a significant shift in the residential rental landscape.” Austin, Dallas, and Houston metro zip codes all ranked in the top 50. In partnership with Yardi Matrix #multifamilyinvesting #texasrealestate

Unlock the Potential of Prime Real Estate on the Central Coast of NSW: A Wealth-Building Opportunity!! 34 Albert Warner Drive, WARNERVALE  *11,650 sqm (approx.) - last large site available  *R2 zoning - flexibility and utility  *DA pending - for 16 over-sized blocks (6 lots suit dual occ./duplex) for a real point of difference, OR amend the DA and create up to 23 standard blocks (STCA). The Perfect Investment in a Thriving Community The financial advantages of this investment are multifaceted: 1. High Demand - The Central Coast region is experiencing robust population growth. Warnervale, with its appealing lifestyle and expanding amenities, is at the forefront of this trend. This surge in population translates to a heightened demand for housing, ensuring that subdivided lots are quickly snapped up by eager buyers. 2. Appreciation Potential - Real estate values in Warnervale are on an upward trajectory. By purchasing land now, you can benefit from substantial appreciation, maximising your return on investment. 3. Flexibility in Development - Subdividing land offers flexibility. You can choose to complete and sell individual lots or develop them further with residential properties, enhancing their value and increasing your profit margins. *Natural Beauty and Recreation* *Convenient Amenities and Connectivity* Warnervale is well-connected, with excellent transport links to Sydney and Newcastle, making it ideal for commuters. The recent infrastructure upgrades, including new state of the art public school, railway station, roads and improved public transport, will further enhance connectivity and convenience. Additionally, the suburb boasts a range of modern amenities, including shopping centres, private school, healthcare facilities, and recreational hubs, ensuring residents have everything they need within easy reach. Seize the Opportunity  * The current improvements includes a large, renovated 4 bedroom home with in-ground pool - currently tenanted at $1,000 per week.   * The tenant is happy to stay on however the property is offered with vacant possession if required.   * There is also a large self contained ‘granny flat’ which is currently being used as workshop and storage. This would make a excellent site office as well! Whether you're an experienced investor or developer looking to expand your portfolio or a newcomer eager to capitalize on a promising market, Warnervale holds the key to both wealth building and a coveted way of life. Act now to secure your stake in this thriving community and watch your investment flourish as Warnervale continues to grow. Genuine and rare opportunity for builders, developers, investors or land bank for your super fund! Exclusive Listing  Offered FOR SALE by Expressions of Interest View web feature www.markallan.com.au

I love it when data tells a story.  In our research of 27 different types of apartments across Sydney, we discovered which properties offer the best value. Two-bedroom units in Roseville stood out as the top value option among the nine suburbs we researched. Take a look at our article to see how apartments in the lower north shore, upper north shore, and eastern suburbs compare. #sydneyproperty #realestate #buyersagent 

We're unlocking the potential of multi-unit properties in New York City. Dive into our guide and discover essential insights that investors must know! From navigating complex zoning regulations to financing options, make informed decisions to maximize your property's potential in the dynamic New York market. Don't miss out on this exclusive peek behind the curtain of multi-unit property renovations! #NYCRealEstate #PropertyInvestment #RealEstateInsights #InvestingTips #PropertyMarket #RealEstateGuide #PropertyRenovations #WealthBuilding #RealEstateEducation #RealEstateSuccess #NewYorkInvesting #PropertyDevelopment #RealEstateAdvice

Brick Value-Add Multifamily Opportunity | 44 Units | Medford, MA For Sale Brooks Park Apartments provides a prime investment opportunity for value add focused investors in Medford, Massachusetts. This 44-unit multifamily property features brick construction and offers a sought after value add profile. Situated in a sought-after core rental area in Greater Boston, the property includes 38 well-designed studios and 6 one-bedroom market-rate units. With 17 surface parking spaces and 16 garage spaces, parking needs are well accommodated. The investment's strategic foundation is built on current below-market rental rates. Promising potential lies in property renovation, centered around targeted enhancements such as kitchen and bathroom upgrades, mechanical system optimization, and common area updates. This plan incorporates utility cost pass-throughs to tenants and the establishment of market-aligned rents, poised to generate a substantial increase in net operating income and overall asset value. Located near Tufts University, the emerging Medford/Tufts T Station, and bustling Assembly Square, Brooks Park Apartments provide swift access to key employment centers within the inner-128 beltway and downtown Boston. Notably, the property boasts a Walk Score® of 90, indicating a "Walker’s Paradise," and a Transit Score® of 75, signifying "Excellent Transit," further elevating its intrinsic appeal. Want to learn more? https://bit.ly/47B4GUe #cre#commercialadvertising#commercialrealestate#commercialrealestatebroker#commercialadvertising#commercialrealestateinvesting #industrial#industrialrealestate #success#sellcommercialrealestate#buycommercialrealestate#commercialrealestateadvice