Opposition to continued bond buying grows within Fed

This could be the first sign of an increase in interest rates. Indicators are that borrowing has started to overheat.

Federal Reserve policymakers increasingly are arguing that the central bank's bond-buying program should be scaled back or shut down even before the unemployment rate declines significantly, according to minutes of the Fed's January meeting. News that the Fed is leaning toward withdrawing stimulus sent markets tumbling.

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Cool Runnings, Kiwi Style

Latitude 38 Group's very own Tony Brettkelly has decided to embark on a new adventure as he joined the New Zealand bobsled team at the last minute on their quest for glory in the America's Cup in Lake Placid.  

What better way to rest and recover from a Tahoe knee injury than in a bobsled. 

Never a dull day in the life of a commercial real estate broker. 

Multifamily Borrowers Have It Good

If interest rates stay low why wouldn’t people borrow?

The multifamily market isn't showing signs of slowing down, and it's a good time for borrowers, as any long as Fannie and Freddie are still in the game, says Walker & Dunlop's King. Read More at GlobeSt.com

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2012 Student Housing Sales Set $3.7B Record

As a local entity in San Francisco, we a leading provider of Student Housing in San Francisco. Schools that we work with are increasing their enrollments by 20 – 50% so it no wonder on a national level there is huge interest in acquiring Student Housing.

According to Apartment Realty Advisors' Student Housing Year End Report, the sector emerged from 2012 in more than fine shape, realizing a record sales volume of $3.7 billion, an increase in institutional funds, and the diving of REITs into the market and stabilizing cap rates.

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Apartment Rent Growth Expected to Decelerate in Top Markets

CoStar - With continued strong demand for apartments being met by a legitimate multifamily building boom in many U.S. cities, increasing apartment rents are expected to reach something of an inflection point in 2013. Rent growth in some metros, such as Boston; Washington, D.C.; and New York is cooling down as those markets are doused by a wave of new supply from developers.

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Great Investment Property! Huge Upside!

• Price:
  $2,350,000
• No. Units:
  12
• Building Size:
  12,460 SF
• Price/Unit:
  $195,833.33
• Property Type:
  Multifamily
• Property Sub-type:
  Garden/Low-Rise
• Property Use Type:
  Investment
• Commission Split:
  2.25%
• Cap Rate:
  4.70%
• Gross Rent Multiplier:
  13.10
• Occupancy:
  88%
• No. Stories:
  2
• Year Built:
  1925
• Lot Size:
  11,918 SF
• APN / Parcel ID:
  6472-001
  
  
  
  
  
  
  
  
  
  
  
  
  
  
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