Category Archives: Commercial

Demand is Outstripping Supply in Multifamily Housing

Let’s go with the bottom line first: Supply is not keeping up with demand for housing in almost all parts of the country. In the 12 months ending May 2014, the U.S. issued building permits (both single and multifamily) for 940,031 total dwelling units. These consisted of 566,983 singe family units, 23,924 dwelling units in …Read more

Residential Apartment Rents Up 14.7 Percent Since 1990 – Yet Income Flat in Past 15 Years, Inflation Adjusted

The resurging housing market is making an imprint on many people’s pocket books, checking accounts and balance sheets. For homeowners today, that is a positive imprint and for renters, a negative one. The median existing home price was $96,400 in 1990 according to the National Association of Realtors® while the latest 12-month average of median …Read more

Commercial Real Estate Cycles for Q1 2014

Just released are the Q1 2014 results of Dr. Glenn Mueller’s Commercial Real Estate Cycles. Dr. Mueller is a professor for the Burns School of Real Estate and Construction Management at Denver University. He is also the real estate investment strategist at Dividend Capital Group, where he provides real estate market-cycle research and investment strategy …Read more

Columbus Commercial Update

As a traveling musician 30 years ago, I conducted title searches to supplement my income. But after acquiring a small interest in a title company in 1978, I put down my guitar to enter the industry full-time. I later founded Stewart Title of Columbus in 1997 and have had the pleasure to watch three very …Read more

Another Top-10 List — Largest Multifamily Lenders in 2013

Real estate works well as an investment given the leverage benefits on owner returns that lending can offer (as long as it is positive leverage). The average total property return on apartments reported by the National Council of Real Estate Investment Fiduciaries (NCREIF) in 2013 was 8.78 percent. The typical 2013 multifamily loan interest rate …Read more