Property Management News

It has suddenly gotten a lot more difficult to borrow money for an apartment property. “The overall cost of borrowing has gone up undoubtedly,” says Peter Smyslowski, managing director in the San Francisco office of capital services provider HFF. “But the interest rates spreads offered by lenders are very similar to the spreads they offered last year.” Long-term interest rates rose by well over 50 basis points in the last months of 2016, as the yield on the benchmark U.S. Treasury bonds took off after the victory of Donald Trump in the presidential election. That will make it tougher for borrowers to make deals work. Meanwhile, lenders have not shifted the terms they offer or bent... Read more

When it comes to handling your real estate investments, the words from U.S. businessman Peter Lynch consistently ring true: “Know what you own, and know why you own it.” The internet and big data have been critical in making that sentiment a reality. It may have been nearly two decades in the making, but no stone has been left unturned when it comes to how these two technologies have transformed real estate and real estate investing. So much of what you need to know — which used to take many hours and resources to cull and analyze — is now at the touch of a keystroke. Whether you’re buying your first investment property or your 50th, understanding the critical areas of research... Read more