Portland Multifamily Market Overview

June 27th, 2019 by John Mullen

As Portland’s population continues to grow into the future, its multifamily market is actively answering the call for more housing. Currently, there are more than 9,700 units under construction in the city, a 69.3% increase over Q1 2018. In order to accommodate the large number of new employees that firms are hiring, Portland’s office market is also seeing growth in its amount of square footage under construction. High profile corporations such as Nike and Adidas are currently building expansion campuses which, combined, total over 1,125,000 million square feet. The growing multifamily and…

Seattle Multifamily Market Overview

June 27th, 2019 by John Mullen

Seattle possesses a strong multifamily housing market that has shown excellent growth in almost every conceivable category in terms of both long- and short-term lenses. As of Q1 2019, the city’s number of inventory units sits at 150,728 – an increase of approximately 7,800 since Q1 2018 and 29,500 since Q1 2015. In addition, rents have also seen growth, posting a modest 1.5% increase since Q1 2018, as well as a staggering 18.9% increase since Q1 2015. The city’s rents are expected to jump in the near future, too, with CoStar projecting the Q1 2020 market asking rent to be at $1,903, a 7.5…

Greysteel's Ryan Floyd and Scott Whitfield Talk Denver State of the Market

December 7th, 2018 by Keeley Byer

Greysteel's Ryan Floyd and Scott Whitfield were featured in the November 2018 issue of the Colorado Real Estate Journal to discuss the State of the Market as Strong Economic and Population Growth Continues in Denver.

Denver has been a premier destination for job seekers in this growth cycle, especially for educated millennials, and current labor conditions reinforce this proposition today. Net migration and total employment growth remain well above the national average.

LIHTC Market Braces for Tax Reform

March 23rd, 2017 by Alicia Orkisz
The need for affordable housing has never been higher, yet the looming threat of tax reform could mean a drop in the production of housing credit developments.

Connect Dallas Conference Recap

March 3rd, 2017 by Andrew Stief
On February 22, Greysteel Senior Director Doug Banerjee addressed 200 commercial real estate professionals at the Connect Dallas 2017 event held by Connect Media. Watch the video recap here.

Baltimore Spotlight: Mount Vernon

February 8th, 2017 by Ari Azarbarzin
One of Baltimore's hippest and culturally vibrant neighborhoods, Mount Vernon attracts students and young professionals drawn to its eclectic mix of boutique shops, gourmet restaurants, trendy bars and nightlife.

Top Five Takeaways from NMHC's 2017 Annual Meeting

February 1st, 2017 by W. Kyle Tangney
This year at NMHC’s 2017 Annual Meeting, there was a mixture of optimism and caution with respect to the outlook for our industry. The biggest economic concern was the looming threat of another recession, but many panelists and researchers have pushed that possibility to the side in favor of economic growth. Inflation is not increasing by double digits and interest rates are still historically low.