• How Deals are Getting Done in 2019

    It’s safe to say that the Seattle apartment market is not yet off to a roaring start for the year. A tumultuous 2018 Q4 in capital markets led to a slow-to-return-to-work January 2019. And for those who were ready to hit the ground running in February – it was more of a call to arms

    Read more »
  • Keep ‘Em Full

    Trying to keep up with the market is a constant battle.  And our best weapon is knowledge.  Yet, in a sea of headlines to watch and reports to read, what truly is occurring across our regional apartment markets? Rents are either surging or plummeting and the investment market is either red-hot or the proverbial house

    Read more »
  • What Will and Won’t Sell in 2019

    With investing, the key to success is making the correct ‘bet’ – or as we call it, ‘investment’ – on a future event. In the apartment industry, that event upon which we bet may be renter demand, evidenced by rental-rate growth, or investor demand, evidenced by strong pricing. Such bets – or investments – are

    Read more »
  • The ABCs of NMHC

    This past week, the National Multifamily Housing Council (NMHC) held its 2019 Annual Meeting in San Diego, CA. Considered the “Super Bowl” of networking for the apartment industry, this event draws thousands of apartment owners, investors, developers, lenders, brokers, and other industry professionals. Beyond the keynotes, panel discussions, and educational sessions, the real meat and

    Read more »
  • Get the Cycle Right

    Humans (and, for that matter, computers programmed by humans) are horrible at predicting the future. When it comes to underwriting and valuing commercial real estate, we tend to overestimate upturns (expansion cycles) and, while we are in them, overestimate downturns (contraction cycles). How can we better underwrite apartment buildings over hold periods? When human intervention

    Read more »
  • Built to Last

    As we enter into 2019, we do so with much uncertainty in a variety of markets – to name a few: political, economic, social, and capital. In the Seattle region, despite national or global headwinds / concerns, we’ve benefited from a near-endless stream of “good news” for almost the entire decade. The Great Recession is

    Read more »
  • Five Themes for 2019

    It’s December and time to take stock of 2018 – another year that came and went in a flash. This past year was notably one of highs and lows, and in the apartment market, as of late, we are not used to hearing of lows. Seattle was named the nation’s fastest growing tech hub, yet,

    Read more »
  • 3 Important Headlines

    There is simply so, so much noise in any given marketplace – especially those involving financial markets. Given the quantum of information available for consumption, we’ve trained ourselves to skim headlines, and from there glean conclusions – often to our detriment (or at least to the detriment of an objectively, predictably accurate conclusion). For example,

    Read more »
  • PRESS RELEASE: John Winthrop Apartments in Seattle’s First Hill Neighborhood Sells for $18.2 Million

    October 30, 2018, Seattle, WA – Dylan Simon and Jerrid Anderson of Colliers International’s Seattle Multifamily Team closed the sale of The John Winthrop Apartments in Seattle’s First Hill neighborhood on Monday, October 29, 2018. The sales price of the apartment building was $18,220,000, equating to $230,633 per unit and approximately $425 per net rentable square

    Read more »
  • New Ballgame

    We all generally read the same headlines – “The Market is Booming” and “Rents Are Skyrocketing” – almost immediately followed by, “The Sky is Falling” and “Rents are Plummeting”. In a truly rational world, little of what journalists (most of whom are inexperienced in any aspect of investing and/or economic analysis) write would matter. Yet,

    Read more »

Back to Top