Creekside Commercial Real Estate & Development is based out of Yakima, WA in one of the fastest growing regions of the country, Central Washington. Creekside Commercial is a full-service brokerage firm with an emphasis on retail development, leasing, sale/leaseback facilitation, and value-added investment/brokerage services. Our client base includes national tenants, franchisees of national brand concepts, as well as local/regional developers, tenants, and landlords. With a focus on Central WA, and a broad reach nationally, Creekside Commercial Real Estate and Development can help you or your Client, Envision Tomorrow.....Today!
Multi-Family (Apartments) as a Hedge
by Chris G. Waddle @ February 01, 2010 Multi-Family has always been a relatively "safe" investment over the years, as evidenced by the significantly lower cap rates that properties in this sector have traded at in past years. (While many shopping centers have traded in the 6.5 to 7.5% range, quality apartments in the same MSA have traded under 5%.) Now, in the current economic climate, and with many (or most) median income and lower families not able to qualify for a mortgage, apartments have become an even better investment. Apartments are full, and experiencing little or no vacancy. The liklihood of credit loosening up ... Continue » Real Quote
The economy depends about as much on economists as the weather does on weather forecasters."
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2009 Is Over.....Bring on 2010! 48-Unit HUD Multi-Family Closes Subway Deal is Finally Complete! |