Download as pdf or txt
Download as pdf or txt
You are on page 1of 8

Multi Family

Multi-Family
Glenn Sather
Topics
• Statistics
• Observations
• Forecast & Recommendations
2008 Statistics
• Sales Volume and Values
40,000,000
35 MM
35,000,000
30,000,000
25,000,000
20,000,000 16 MM Multi‐Family 
15,000,000 11 MM Sales Volume
10,000,000
5,000,000
0
2006 2007 2008
2008 Statistics
150%+ - Supply of “For Sale” Stock
2008 Statistics

New Construction Permits
100,000,000 91 MM

80 000 000
80,000,000

60,000,000 51 MM
New Construction 
N C t ti
40,000,000
Permits
20,000,000 12 MM

0
2006 2007 2008
2008 Statistics
• Capital Markets & Apartments
• 2-4
2 4 Units
• 5 Units +
• Vacancy Data
• Rents
R t
Observations
• The Condo Card
• Shadow Stock
• Apartments
p & the “Financial Storm”
Forecast & Recommendations
• Opportunities in 2009
• Supply Problem
• Rents
• Tenant Retention

You might also like