Using History to Build for the Future with Nate Kline at OneWall
Our CIO, Nate Kline was recently interviewed by Prime Alpha to talk about the evolution of OneWall Communities and our real estate investment strategy. We’re always happy to talk about the workforce housing segment of the market and opportunities it presents for investorshttps://youtu.be/0Q9yjXKOO8g
Multifamily’s Second Half Poised to Show Even Stronger Growth
New eviction moratorium extension hasn’t scared off the money people. By Erik Sherman A new poll by Berkadia suggests that the company’s mortgage bankers and investment sales advisors are bullish on the multifamily market. The company’s midyear poll of almost 180 of its investment sales advisors and mortgage bankers across 60 offices shows that 78% are […]
OneWall Partners Acquires Oak Grove, 259-Apartment, 88-Townhome Community in Maryland
OneWall Further Expands Footprint in Baltimore Area With Purchase of Hopkins Point from Kushner Cos. Stamford,CT – May 24, 2021 – OneWall Partners recently acquired Oak Grove Apartments & Townhomes, a suburban Baltimore apartment community, for $32.5 million from Morgan Properties, the nation’s largest private multifamily housing owner.The 17-acre property is 94 percent-occupied and […]
OneWall Partners Purchases Hopkins Point, 524-Townhome Community in Maryland for $66M
OneWall Further Expands Footprint in Baltimore Area With Purchase of Oak Grove Apartments & Townhomes from Morgan Properties May 21,2021 – OneWall Partners recently acquired the newly rebranded Hopkins Point, formerly Whispering Woods, a suburban Baltimore rental property for &36#66 million from the Kushner Cos. The 39-acre property is 98 percent occupied and consists of […]
Suburban Multifamily a New Favorite for Lenders
The developers of Redbrook Apartments secured a $42 million loan amid massive appetite from lenders. By Kelsi Maree Borland A recent deal from Colliers illustrates the appetite debt capital providers have for suburban multifamily assets amid the pandemic. The firm’s debt and equity team secured a $42 million loan on behalf of the owners, a […]
Apartment Rents Are Near Pre-Pandemic Highs
While national apartment pricing is stabilizing, unusually big differences in rent change continue to register from market to market. By Greg Willett Average rents for US apartments now are within a hair of the all-time highs seen in early 2020, as more individual metros are moving back into price growth mode. Across the country’s largest […]
The Difficult Search for Class C Apartments
Investors that are interested in these apartments are finding severe shortages of product. By Greg Willett The nation’s ongoing health crisis and troubled economy are increasing the need for market-rate apartments at the lower end of the price spectrum. Some renters are looking to downgrade their housing choices due to income interruptions. Others simply would […]
OneWall sells 641-unit portfolio in Newark, Irvington for $72 million
OneWall Partners has sold a seven-building, 641-unit portfolio in Newark and Irvington for $72 million By Joshua Burd A multifamily investment firm has sold a seven-building, 641-unit portfolio in Newark and Irvington for $72 million, nearly doubling the price it paid for the properties in 2016. The operator, OneWall Partners, announced the deal Thursday as […]
Affordability Still an Issue Even as Rental Prices Remain Flat
Even if rental prices generally remain flat, demand for affordable housing will continue to rise. By Les Shaver Don’t expect significant increases in apartment rents in the first half of 2021. Brad Dillman, chief economist at Cortland, an Atlanta-based multifamily investment and management firm, tells Ellen Chang, writing for ApartmentGuide, that stable rental prices should help those who […]
Why You Shouldn’t Fret About Rising Apartment Vacancies
While vacancy rates have increased this year, they are still well below the long-term average of 5.2% to 5.4% By Kelsi Maree Borland National apartment vacancy rates are rising, but a new multifamily report from Moody’s Analytics REIS says that the higher rate isn’t a concern. This year, the multifamily vacancy rates increased 30 basis […]
