Neil Shea

NOI is a crucial metric for the multifamily industry. We've got a breakdown of how to calculate Net Operating Income PLUS suggestions for how to improve it in today's rental market.

9

Navigating Foreclosures: A Strategic Approach for Aspiring Property Moguls Elevate your investment portfolio by mastering the art of acquiring foreclosed apartments. Are you ready for the challenge? 🏢💡 #MultifamilyInvesting https://bit.ly/3UZnqWi

1

The latest Moody’s CRE multifamily update looked at how 82 primary multifamily markets performed based not on straight rent growth or property sales but effective revenue. Read on. #multifamily #multifamilymarkets

4

ATTENTION MULTIFAMILY INVESTORS! Our Real Deal webinar is tonight at 7 PM ET. I have seen a lot in the last 27 years in this business. Now, I can share it with you! I'm going to tell you how it really is—real on-the-ground facts. Here's a reminder of what we'll be covering: We have some great deals in our pipeline - Don’t miss this opportunity! Will the Fed lower rates before the election? Are rents going down? What’s the Real Deal? You don't want to miss this webinar. I promise you, we have a lot to talk about. Just click here to register: https://hubs.li/Q02G7mDm0 I can’t wait to see you tonight. . . . #freewebinar #multifamilyinvesting #kripartners #investmentproperty #realestate #realestateinvesting #realestateinvestor #propertyinvestment #realestateinvestment #multifamilyrealestate #multifamilyrealestateinvesting

2

Seismic shifts anticipated for real estate industry's compensation landscape. In the wake of NAR’s settlement proposal, agents must chart a new way forward. In an ever-evolving real estate landscape, where markets fluctuate and dynamics shift, the role of a real estate agent transcends mere transaction facilitation. It encompasses a holistic approach to enhancing productivity, maximizing sales potential, and ensuring client satisfaction. In today’s competitive environment, staying relevant and agile is not just advantageous – it’s imperative. https://hubs.ly/Q02trv8H0 #RealEstateCompensationShift #NARSettlementImpact #ChartingNewCourse #AgentEvolution #CompetitiveAdvantage

11

The commercial real estate market is changing, but that doesn't mean it's time to hit the panic button. At RE/MAX Professionals Select, we see this shift as an opportunity— a chance for savvy investors and borrowers to make smart moves. Here's the deal: *️⃣ Interest rates are stabilizing, not disappearing. Those dreaming of a return to rock-bottom rates might need to adjust their expectations. *️⃣ This presents a unique opportunity for buyers with cash in hand. *️⃣ We're seeing strong potential in sectors like multifamily and industrial properties, particularly in strategically advantageous locations. The bottom line? Now is the time to partner with experienced professionals who understand the nuances of this evolving market. RE/MAX Professionals Select has their fingers on the pulse of the Illinois real estate market and are ready to guide you through every step of the way. Let's connect and discuss how you can thrive in the Great Reset. #remaxprofessionalsselect #realestate #realestateagent #Illinois #REMAX #commercialrealestate #investing #greatreset #opportunity #partnerships

2

Multifamily housing starts declined as completions rose, increasing supply and softening rents, especially in new listings. Historical data indicates cyclical completions patterns. Current growth correlates positively with future growth for up to five quarters but negatively for 11 to 18 quarters ahead, suggesting a potential decline in supply. A model predicts completions will drop significantly by 2025, with rent growth slowing initially but rising by 2026 due to changes in vacancy rates. https://lnkd.in/e6tniaX2

1

A strong economy and high interest rate environment bodes well for #multifamily demand and occupancy. #multifamily #retwit #cre #capitalmarkets https://lnkd.in/g5bejEBV

7

NAHB predicts a significant pullback in multifamily starts for 2024. Are we surprised? Multifamily Developer Confidence is in Negative Territory. In the fourth quarter of 2023, multifamily developer confidence remained in negative territory, as revealed by the Multifamily Market Survey (MMS) conducted by the National Association of Home Builders (NAHB). The survey produces two key indices: the Multifamily Production Index (MPI) and the Multifamily Occupancy Index (MOI). The MPI, which gauges sentiment about current production conditions in the apartment and condo market, scored 41, below the break-even point of 50. Meanwhile, the MOI, measuring the industry’s perception of occupancies in existing apartments, registered 77. Tight lending standards and high development loan costs continue to hinder financing for new multifamily projects. Given the substantial supply of multifamily units under construction, NAHB predicts a significant pullback in multifamily starts for 2024 #realestatedevelopment #realestateinvesting #passiveincome #multifamily #realestate #multifamilyinvesting #multifamilyrealestate #firsttimedeveloper #raisemasters30 #cre #financialfreedom

2

5 Comments

👀 ICYMI: Check out this insightful article from Real Estate News - a publication continuously providing objective, in-depth coverage of the latest in real estate. Stay tuned for more to come!

2

🌆🏢 From Fixer-Uppers to High-Rises: A Commercial Real Estate Advisor's Guide to ARV vs. Value-Add 🌟 Hey there, fellow investors! 👋 As a commercial real estate advisor, I get a front-row seat to the exciting (and sometimes confusing) world of property investment. 🏠➡️🏢 Lately, I've noticed more residential investors wanting to dive into commercial real estate. But here's the catch: the strategies that work for flipping houses don't always apply to office buildings and retail spaces. 🏢💡 One common confusion? The concept of "ARV" (After Repair Value). Many clients come to me, eyes sparkling with dreams of quick flips and tidy profits, asking about the ARV of commercial properties. That's when I gently break the news: ARV, as you know it, isn't really a thing in commercial real estate. 🏠❌🏢 Curious about how to navigate these waters? 🌊 Check out my latest guide where I break it all down! 🔍👉 Read the full story here: https://bit.ly/45GJRGg #CommercialRealEstate #RealEstateInvestment #PropertyInvestment #InvestSmart #RealEstateTips #ValueAdd

2

As the multifamily industry evolves, so must its approach to engaging residents on a personal level. Beyond mere information, residents and prospects yearn for meaningful connections and content that resonates personally: rptn.co/K8A6ZABAjHJ

3

🎙️ Exciting News! Part 2 🎙️ Missed the first part of the podcast episode featuring Mike Holdwick? Don't worry! You can catch the continuation of "Deal Deep-Dive: Why Value Add CRE is a game changer with Mike Holdwick" to dive even deeper into valuable insights about commercial real estate. Tune in for more game-changing discussions! With Uptown Syndication #crepodcast #valueaddcre #realestateinsights #proteamcommercial #commercialrealestate #cre #investmentstrategies #investing #realestate #realestatetips #propertyinvestment

6