A new report from CBRE Research reveals a promising trend for apartment owners seeking substantial rent growth: older properties built before 2010 have outperformed newer constructions. 

Boasting a 4.6% annual growth rate over the last decade, these properties outpace their newer counterparts. Their initial lower rents provide room for significant expansion in today's high-demand housing market, making them a prime choice for savvy investors.

However, this opportunity isn't without its challenges. Maintenance, repairs, and tenant attraction demand strategic solutions. Seasoned investors mitigate these risks with higher cap rates and calculated upgrades, ensuring substantial returns on investment. For immediate gains, targeted enhancements, like a cosmetic facelift, prove effective.

Navigating this landscape successfully requires experience and expertise from advisors like Soundview Commercial Capital. Contact our team today to discuss how you can unleash the full potential of older properties by aligning your strategies with market insights and innovative financing solutions.

This month, we're launching our series of features on commercial real estate financing and kicking things off by diving into acquisition financing. These short-term financial lifelines empower commercial real estate investors to quickly acquire properties, especially those in need of significant repairs or construction work before stabilization.

Acquisition loans provide investors and developers with a crucial advantage: speed. In the fiercely competitive world of commercial real estate, these loans enable swift property purchases, bridging the gap until properties are ready for long-term financing. With a lump sum payment from lenders, investors can quickly seize opportunities, ensuring they can secure prime properties first.

Stay tuned for more insights in our series on commercial real estate financing! Connect with Soundview Capital for expert guidance on acquisition loans and other commercial real estate financing options.

By strategically implementing automation, leasing processes, resident services, and communication channels can be significantly enhanced in the multifamily industry. However, choosing the right tools and practices is key to maximizing its potential.

Start by identifying pain points and goals, then prioritize initiatives based on impact and feasibility. Thoroughly research automation technologies and vendors, considering scalability and integration capabilities. Seamless integration is crucial, often involving a trial period to ensure compatibility. Proper training and ongoing support are vital; encouraging feedback ensures continuous improvement.

By embracing automation and following these best practices, multifamily teams can unlock unprecedented efficiency, saving hours, dollars, and ultimately, improving satisfaction for both prospects and residents.

Steve Enfield

Managing Director

1 (425) 736-2780

steve.enfield@SoundviewCC.com

Mike Cassell

Vice President

1 (503) 330-8323

mike@SoundviewCC.com