Henry S. Millers Multifamily Division specializes in representing both buyers and seller of multi-family properties and in some instances, senior housing facilities. Start receiving custom property alerts today. Browse properties for sale or lease that fit your location and unique needs. The Multifamily Group - Opening doors and closing deals. Find and connect with the 19 Best Real Estate Agents in Austin. From asset valuation and coordination of the marketing process, to contract negotiations and more, we help clients open doors and close deals. Real Estate Forum's Best Bosses 2023 - Tim Speck. Among his academic accomplishments, Pat wrote the capstone case study for the CCIM program's final course offering from 1986 - 1998. Contact our multifamily experts Explore how we help our clients achieve their multifamily investment goals. Browse thousands of CBRE properties for sale. JLL Capital Markets closed the sale of and arranged the acquisition financing for Chases Ocean Grove, a 19.2-acre piece of land in Cape Cod. Multifamily, Think Outside the Icebox: Need for cold storage in apartments is rising, Options for a rising interest rate environment, Sale of six, loan assumption L.A. County multi-housing properties closes for $53.55M, Sale of multi-housing community in the Twin Cities medical alley closes, JLL Capital Markets welcomes Senior Director Reina Abboud, $32.125M financing secured for multi-housing development outside of San Antonio. In addition to our relationships with correspondent life companies and institutional lenders, our fully integrated platform provides seamless access to Fannie Mae, Freddie Mac and FHA financing programs. We have over 300 offices in every major city around the world. Annual deliveries as of mid-year 2020 totaled 13,699 units, the second highest delivery . A recent economic update from Marcus & Millichap forecasts for a positive year for CRE. Marketer of the Year, partaking in Fort Bend's Leadership Class program, being recognized as a local Top 40 Under 40, and taking home awards for Best Market Intelligence and Driving Business Efficiencies & Effectiveness. Each of our 20 top multifamily lenders reported an increase in total originations, comparing the 12 months ending in September 2021 to the same period the year before. This series highlights key trends across the multifamily sector, current examples of industry innovation, and forward-looking predictions for whats next. Year-over-year rent growth in Dallas-Fort . ", Will, congrats on the closing of Quarry Townhomes. 2020 The Multifamily Group. The case study combined the marketing and financial concepts taught by CCIM to allow the students to apply the material to a simulated commercial property disposition. Before joining Colliers, Jim was ananalyst with the HFF Houston Multifamily group where he was directly involved in more than $6 billion in transactions. Our apartment brokerage services provides multifamily investors with a single-source solution by integrating Underwriters, Marketers, and Lending experts with one of the largest apartment sales teams in DFW. DFW Multifamily Brokers is a correspondent of Greystone Multifamily Real Estate Finance, a top-rated Agency lender for multifamily apatments, LIHTC, Affordable Housing, and Senior Healthcare. Banking and financial services industry set to become largest investor in AI. 2023 Q1 LA San Gabriel Valley - Multifamily, 2023 Q1 San Diego North County - Multifamily, Industrial and Multifamily Sectors Stay Resilient Amid Economic Headwinds, Rising Interest Rates, Inflation Lead Investors to Reassess Which CRE Assets to Pursue, Creating a Joint Venture for Ground-Up Construction in Brooklyn, NY, Historic Adaptive Reuse: Industrial Facilities Turned Mixed-Use, Multifamily Housing, and Retail, - Click Here to View More Multifamily News & Media Coverage -, - Click Here to View More Multifamily Case Studies -. Further, sales volume decreased 17% year-over-year between Q1 2021 to Q1 2022 according to our data provider, Real Capital Analytics. Thank you for your help in closing this transaction. Developers are planning for a high-tech future that requires greater flexibility. Rowan Multifamily Advisors is the fastest growing boutique multifamily brokerage firm in Dallas/Fort Worth. DFW Multifamily Brokers are 1031 Exchange experts and will find several replacement properties that meet your price, debt ratio, & closing date criteria. Necessary cookies are absolutely essential for the website to function properly. We also use third-party cookies that help us analyze and understand how you use this website. The marketing process was very professional and your broad reach to a buyer pool of all types proved very efficient and in the end quite successful. JLL Capital Markets hired Reina Abboud as a Senior Director with the firms Washington, D.C. office, where she will focus on debt advisory. Click Here to follow us on LinkedIn. When it comes to what matters mostgetting the deal done and meeting your bottom line we bring the necessary combination of local expertise and national resources, technical skill and creative flexibility. Find real estate services, solutions and partners at JLL locations near you. Note you are now viewing the Colliers United States website. Utilize our extensive knowledge and experience in affordable housing to secure the right opportunities and creative solutions. Over the course his career, Bob has been involved in all aspects of income-producing properties including the management, syndication, rehabilitation, purchase and sale of multifamily developments. He specializes in multifamily assets with an emphasis on properties within Texas and the Southern United States. Crissy develops and expands marketing and technology platforms for the Houston office and contributes to the Southwest region. We are commercial mortgage brokers focused on providing the best commercial mortgage financing solutions for each deal and every client. Providing loan servicing and asset management services with a specialized approach and prompt advice at any stage of the asset life cycle. Based in Dallas, Texas, The Multifamily Group has a nationwide network of investment sales professionals who leverage capital market knowledge with local market and submarket expertise. Kitchen tables became desks in the biggest work from home experiment of all time, parents became de facto teachers and homes became either a haven or a prison for many depending upon their mindset. If you invest in North Texas and want multifamily deal flow, give us your criteria and well flip you deals the same day. $1M - $100M+. Houston's median sales price per unit . In our 2022 ranking of top multifamily mortgage banking and brokerage firms, CBRE is in first place, boasting $67.9 billion in total originations during the year ending in Septemberan increase of more than two-thirds compared to the previous year. Morrow helps residential customers obtain the right mortgage solutions for their home purchase, construction, and renovation needs. You can also read our other Top Mortgage Banks rankings. | Further, sales volume decreased 17% year-over-year between Q1 2021 to Q1 2022 according to our data provider, Real Capital Analytics. Las Vegas Convention Center, Las Vegas, NV, Texas Real Estate Commission Consumer Protection Notice, Texas Real Estate Commission Information About Brokerage Service. Even with economic uncertainty high interest rates, and other headwinds, risk-adjusted returns are helping sustain investor confidence. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. If you accept, you agree to us storing and accessing cookies on your device. Offering a full range of services including joint ventures, fund raising, and structured finance alternatives. We provide FREE multifamily BOV / Broker Opinion of Value appraisal services with no commitment. Close to 90 percent of the firms activity was concentrated in the multifamily sector. Though we make every effort to include all major multifamily lenders, several notable firms (among them JLL, Bank of America and Eastdil Secured) did not participate this year. Get Directions, Phone: (972) 755-5200 Find an expert unique to your industry or business objectives. The Top 10 Commercial, Multifamily Lenders. There are over 13,000 units under construction and another 32,800 units are proposed. I would recommend your firm to anyone., Will Balthrope and his team have sold five new construction, Class A assets totaling approximately $200 million across the state of Texas for Koontz McCombs. Crissy is passionate about innovation and productivity in the workplace; constantly seeking a better way and helping others succeed are a couple of herdaily drivers. Multifamily investors venture into fringe locations, Multi-housing CURRENT TEXAS & OKLAHOMA LISTINGS . Our skills and expertise make us leaders in the industry. Benefit from our integrated team for optimal financing execution and real-time debt pricing. April 27, 2023. Stay up to date with the market trends shaping the future of real estate. 1998-2023 Lee & Associates Licensing & Administration Co., LPTerms & Conditions | Privacy Policy | Accessibility. Texas recorded the largest quarterly decrease of 22.5%. Ranked at the top of the industry, our clients know us for our "higher caliber of service and results.". Our transactions with Joey have consistently run smoothly; he is a great advocate for his clients and customers, and he helps all parties work together even in the toughest situations to get the deal done., You guys are a first-class operation and we appreciate your efforts. We take the time to sit down with you and really listen. Specialists in interactive marketing and reputation management focused on effective property and brand positioning. Houstons overall occupancy rate increased 270 basis points over the year. ", We closed the sale of our property last Friday, and Will Balthrope did a great job. Houstons median sales price per unit decreased by 5% over the quarter from $155,720 to $147,897. Marcus & Millichap announced today the sale of a three-property, 782-unit multifamily portfolio located in Arlington, Grand Prairie, and Dallas, Texas. JLL Capital Markets arranged $290M in refinancing for Bergen Town Center, a shopping center anchored by Whole Foods and Target located in Paramus, New Jersey. Rare opportunity to purchase multifamily 13 units in LaMarque Texas. Treasuries have since tapered back down, but the reality that we are in a rising interest rate environment is likely here to stay (baring a major global event). Chip Nash joined Colliers Houston in September 2020 and is Senior Vice President and a Director of Multifamily Invest Properties. Conveniently located off Interstate 45, it makes for a seamless transit to downtown, The Woodlands, and Lake Conroe. Clients also benefit from the research offered by the office's investment professionals. The CBRE Freddie Mac Multifamily Small Balance Loan Program (SBL) is a dedicated platform within CBRE Capital Markets that originates, underwrites, closes and services loans for smaller multifamily properties. Jim Humphries joinedColliers in Houston in 2015 and is part of theColliers Investment Services Group (CISG). Unbiased management combined with the latest technology, global research and sourcing and procurement. This week, Travis Boyce, the Global Head of Retail Operations at Allbirds, and CBREs Laura Barr join Spencer Levy to discuss the appeal of physical retail locations and the power and promise of sustainability in attracting modern consumers. Thank you!, Will Balthropes national relationships with major institutional investors, coupled with the IPA national platform, resulted in the successful sale of The Residence Waterstone in Baltimore, Maryland, and helped us meet all of our objectives., Congratulations on a well-executed task of marketing the property. The average monthly rent rose 14.6% from $1,058 in Q1 2021 to $1,212 in Q1 2022. The tailwinds of demographic shifts and the inelasticity of medical services make medical real estate an attractive investment opportunity, Favorable leasing performance and improving economy setting stage for strong 2021. In the immediate surrounding area lies multiple rehabilitation, children, maternity, and radiation oncology hospitals. We provide multifamily sales and services as G.R.E.A. That's because we take a "big picture" advisory approach to ensure that, beyond the deal at hand, we're helping you to make smart decisions for your portfolio and build long-term real estate wealth. Explore CBREs outlook for 2022. Enhance NOI with an in-house revenue team utilizing industry-leading software to set rental rates and manage ancillary pricing. To be included in upcoming surveys, email Agota Felhazi at [emailprotected]. JLL Capital Markets closed on a six-property L.A. County multi-housing portfolio in three separate transactions totaling $53.55 million. . You'll find that we are tenacious workhorses known for consistently achieving our client's objectives and developing out-of-the-box custom solutions. Pat has been quoted in national and regional publications including the Wall Street Journal, Dow Jones, Newsweek, Real Estate Forum, National Real Estate Investor, Globe Street and others. Industry Events . Retail/Flex space in Polo Park, Winnipeg's largest retail shopping node. The advisors on our team have extensive expertise specializing in the acquisition and disposition of properties and portfolios across North America. She started as the marketing specialist at the front desk of a boutique commercial real estate firm in 2007, with her first assignment of buildingtheir website. Can corporations help solve the housing crisis? RREAF Holdings recently acquired nearly 3,300 acres in Midlothian, a southern suburb of Dallas, for the development of a master-planned community that will offer single-family homes, townhouses,. We look forward to doing more business with IPA Texas, both buying and selling. In 1971, Marcus & Millichap was founded on a unique set of principles Our global tool Valorem enables you to digitally manage your valuations and portfolio assets by harnessing the power of real-time property and data analytics. Jims primarily focus is on multifamily investment services and capital markets. Service and results are our pillars, but trust is our foundation. All rights reserved. Pat is the managing directorof brokerage services in Houston for Colliers. Top U.S. From marketing the asset while navigating the challenges of COVID-19, to identifying a dependable buyer that sticks to their word, to negotiating the purchase price and providing support through the due diligence and closing, I could not be more pleased. Uncover the value of your property or portfolio supported by 3rd-party MAI market valuations. Colliers' Teresa Lowery, one of the top female multifamily brokers in the nation, has 40 years of apartment investment experience. 1980-1993 Senior Sales Associate with International Commercial Properties Co. Brokered over 14,000 units in Houston, Texas during the mid-80s RTC period. She organizes and executes company events and recognition programs to support and promote a positive work culture. He has been an instructor for NACOREs (now CORENET) Intermediate Finance Course and was awarded the Top-Rated Faculty Certificate in 2000. We combine technology with global expertise to solve any real estate challenge. What is your DFW apartment worth? 5 or 10 year terms. Texas multifamily is our specialty. | 1993-1996 Joined Camden Property Trust, the nations 4th largest apartment REIT, as Acquisitions Analyst. Multifamily, 4 ways parking garages are prepping for fewer cars, Multi-housing G.R.E.A. Leverage best-practices, procedures and technology to achieve operational excellence. Maximize NOI with leasing experts focused on conversion optimization to achieve rent performance. We have spent decades honing our skill sets and building relationships to effectively and efficiently reach the right buyers and maximize a propertys residual potential. Agency/GSE lending and loan servicing are performed by JLL Real Estate Capital, LLC, a wholly owned indirect subsidiary of Jones Lang LaSalle. Since 2006, he has marketed or sold assets valued at more than $3 billion in Texas and Louisiana. Prior to joining Colliers, Bob was a Vice President within JLL Houstons Capital Markets Multi-Family Investment Group. The list tracks client deals in the Austin area handled the local brokerage operations.. As the housing crisis intensifies in the U.S., big tech companies are starting to evaluate how they contribute to the problem and what they can do to solve it. Marcus & Millichap and Institutional Property Advisors (IPA) are service marks of Marcus & Millichap Real Estate Investment Services, Inc. 2023 Marcus & Millichap. At DFW Multifamily Brokers, we operate knowing that the highest level of service returns the greatest chance of success. These cookies do not store any personal information. IPA Texas is built on more than 50 years of experience and more than $20 billion of apartment assets sold. Bob brings 15 years of real estate experience specializing in capital markets and multifamily investment sales. In January of 2020, she became a principal of the firm.Some of Crissy'scareer highlights include being named Colliers U.S. Identify the right market and property in which to invest, driven by your vision, and current and predictive multifamily trends. Houstons median cap rate decreased 40 basis points from 5.3% over the year. Explore our annual report and latest corporate information. According to JLL's new Banking and Finance Outlook, the banking and financial services industry is expanding into new markets and growing their real estate portfolios. To contact a multifamily advisor, please click on one of the contacts listed above or visit the professionals tab. What Near-Term Maturing CRE Loans Mean for Investors. We take the time to sit down with you and really listen. Fax: (972) 755-5210. The outlook for 2022 points to another strong year in DFW for multifamily rents, occupancy, construction and investment, experts in the industry say. Multifamily. From there learning commercial real estate and bringing the best marketing practices to the CRE realm has been her focus.In 2010 that boutique firm merged with Colliers' Houston office where Crissy was promoted to marketing director, now chief marketing officer, and hasbeen responsible for the organization's marketing efforts. Find out how we use technology & expertise to create a brighter future for all. Texas Multifamily Loan Options: CoreVest actively lends multifamily loans for rental properties throughout TX - Houston, Dallas, Austin, San Antonio, Fort-Worth, Plano, El Paso, Lubbock, Tyler and all other major cities in Texas. Find industry solutions for the specific challenges facing your business. Bob is a Licensed Real Estate Broker with a Series 7 License. 1998-2001 Senior Vice President, Investment Sales for Pinnacle Realty Management Company, South Central Region multifamily brokerage division. We attract, develop, and retain talent by creating a diverse and inclusive culture where everyone can succeed. We know the apartment industry, the people affiliated with it and the opportunities available in the market. We Provide FREE BOVs, Market Reports, and Consultations, We provide brokerage services under G.R.E.A., one of the most active multifamily brokers in DFW. In a deal with McDowell Properties . JLL Capital Markets closed the sale of Urbana Court, a multi-housing community located in the Twin Cities medical alley in Brooklyn Park, Minnesota. We always put your best interests ahead of our own, where they belong. We provide every client with expertise, transaction experience, market knowledge and unique specializations to ensure that we meet or exceed their real estate objectives. We customize a systematic and integrated marketing strategy for the disposition of each property in a timely and effective manner. Our team is committed to offering you innovative marketing strategies and superior client services with a commitment to ethics and integrity. Get to know JLL's global leadership team. Texas multifamily loans with 24 hr written approvals and NO upfront application fees. This website uses cookies to enhance your experience. Move-In Ready Office Suites For Lease! Since 2001. Twelve - 2 bedroom one baths and One 1 bedroom one bath unit. Invest in or lease property, and create environments that attract tenants, employees, or buyers. Our mission is to generate, maintain, increase the value and maximize the profitability of our clients multifamily investment or portfolio. ", Will, you said you would deliver great results, and you really did. You should be quite proud of the timeframe in which this transaction was processed and commended for delivering on all aspects of the service you promised to provide. Previous to JLL, Nash held similar positions at Berkadia, Hendricks and Partners, and Pinnacle International Realty Group. of local multifamily units sold in 2018 Locally Researched by: Patricia Rogers, Austin Business Journal Jun 21, 2019,. Listen to Spencer Levy interview CREs most prominent voices on The Weekly Take, #1 Ranked Freddie Mac Optigo Lender in 2018, Non-recourse multifamily financing from $17.5 million, U.S. The 2019 list of commercial real estate brokerage firms is open to firms with offices in the Austin area. Connect to Deal Flow, connect to the world. Up to 70% LTV. Part of the Acquisitions Group during the period where the Houston-based, publicly-traded corporation acquired 20,000 units representing $500 million in multi-housing assets. In 2020, the agency closed $756 million across NNN, multifamily, healthcare, land and lending. Find out how we create brighter ways of working with our partners around the globe. CBRE provides investment sales and debt & structured finance services to multifamily clients ranging from small private investors to large public entities. We look forward to doing many more transactions with you in the future. As a direct lender, we can connect you with Fannie Mae, Freddie Mac and FHA to get the best possible financing structure. Al Silva Completes Sale of 484 Unit, 1980's Vintage Property in D/FW on Behalf of Madera Companies. Our ranking is calculated using a weighted formula based on a variety of factors, including total origination volume, coverage offered, growth in transaction volume and loan positioning, among others. Find out how we offer brighter ways of thinking across the globe for our colleagues, clients and communities. Multi-Family Homes for Sale in Texas, TX 983 Apartment Buildings & Duplexes for Sale Sort by Tile 1 1207 Redwood, Andrews, TX 79714 3,192 Sqft 0.165 ac Lot Size MultiFamily $350,000 USD View Details 5 1314 LAVEN DR, San Antonio, TX 78228 2 Baths 1,680 Sqft 0.225 ac Lot Size MultiFamily $245,000 USD View Details 36 We appreciate your attention to detail and your timely communication and updates regarding the progress of the transaction. Determine your exit strategy and get your asset in front of the right buyers with strategic property marketing.
