Thinking about selling your multifamily property? If so, you might want to consider boosting your profit margin – it might be easier than you think. Building value in your investment is a great idea for multifamily property owners looking to sell their asset. It doesn’t always take massive renovation projects to enhance the dollar value of your multifamily property. Changes both small and large have the power to increase the selling price and value, helping owners maximize a sale’s profits. It’s time to work smart, not hard. Check out these…

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A lot of work goes into commercial real estate investment. Investors have a lot to consider – from location to loans, many decisions have to be made. When it comes to financing, there are so many possible options available to commercial borrowers today. When navigating a new deal, investors need to be sure that they’re choosing the best financing option for both themselves and the project at hand. The two most popular borrowing resources for CRE investors are either banks or private loans. To gain a better understanding, let’s explore…

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In today’s business climate, office design has never played a more important role in the success of a business than it does now. As each year passes, more and new technologies are added and new trends are adopted all around the world, which can make it difficult to keep up. However, it also leads to new and exciting opportunities and experimentation for office design each year, and 2020 looks to be no exception. Expect to see trends that exploit office optimization as we move forward into 2020 — and beyond.…

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Despite what major retailers may have expected, the vast majority of Gen Z-ers (more than 3 out of 4) actually prefer to shop in physical brick and mortar retail stores. But it’s not that simple — creating the right in-store experience is also crucial to success. From ensuring that items are kept in stock to creating unique and personalized experiences for shoppers, retailers can make a great impression on this highly sought after and coveted demographic. It’s also important to get the experience and the transaction right from the first…

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According to Freddie Mac’s market index, the multifamily market is still strong for investments. The AIMI, or the Multifamily Apartment Investment Market Index, looks at several factors, including rental income, property prices, and mortgage rates, to provide investors with a holistic and complete view of the landscape. In Q1 2019, the AIMI rose nearly 2.5 percent, thanks to falling mortgage interest rates, and the NOI, or net operating income, continued to rise steadily. These lower mortgage rates, which dropped to 4.2 percent in Q1 2019 from 4.4 percent in Q4…

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In the past, credit bureaus haven’t typically included rent payments in consumer credit reports, which means that responsible tenants who make their payments on time haven’t been receiving any credit (literally) for their hard word. Their dedication to making payments on time isn’t doing anything to help them earn better loan terms, lower interest rates, or any of the other perks that come along with having a solid credit score. And while tenants, understandably, should want their rent payment history to count toward their credit score, landlords are often hesitant…

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The contemporary workplace has gone through a major makeover. Compared to offices of the past, today’s professional spaces would look more like high productivity social areas. Traditionally, offices were window-less boxes designed in a strikingly minimal and bland color scheme. Only the barest necessities were included in these drab rooms. On the contrary, today’s workplaces are full of vibrant colors, social areas for collaboration, and lots of natural elements. The open office concept has grown in popularity since it meets the needs of the new workforce. However, the open-floored designs…

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With the era of smart home technology in full swing, it’s no wonder that it’s begun seeping into CRE’s multifamily market. According to a study conducted by the National Association of Realtors, the smart home market is expected to skyrocket to become a $130 billion industry by 2020. What’s more, today’s consumers are demanding the ‘smart’ experience within their living spaces. In fact, it spans across all age groups. According to the NAR report, 43% of Americans with smart home products are Millennials, 33% are aged 33-54, and 24% are…

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