Details
 

May 8, 2013
3:30-5:00PM

Multi-Family Madness

presented by EMH &T

The Gramercy at New Albany

 

Multi-Family Madness

 

presented by

 

EMH&T

 

at

 

Gramercy

 

The Gramercy New Albany

 

Wednesday, May 8, 2013

Registration 3:30pm, Program 3:45pm

Networking Reception 4:30pm

 

The latest reports on new and existing home sales seem to indicate that the housing market is beginning to find its footing again. While most believe the recovery will be slow, U-shaped, and bumpy, the free fall appears to be over for both sales and prices.

 

If that is in fact the case, then we have to ask what effect that recovery will have on the recently booming apartment sector, which benefited from the housing crash.  Rents are sky high in most of the largest U.S. markets, and vacancies are down and still falling. Multifamily housing starts were up 30 percent in July from a year ago, according to the U.S. Commerce Department, and multifamily permits were up over 47 percent.

 

Supply increases are a potential risk to the multifamily sector, and high prices have caused investors to sour on the sector of late. But some say multifamily isn’t exactly heading into the woods. The fundamentals are still strong.  Hear what the local experts are thinking and doing regarding the Multi-Family Madness.

 

Moderator:  David Royer, VP of Finance & Development, Continental Real Estate Companies

 

 Panelists

 

  • Franz Geiger, Managing Director, NP Limited Partnership

  • Nelson Yoder, Principle, Crawford Hoying Development Partners

  • Brett Kaufman, CEO, Kaufman Development

 

Members, $40, Nonmembers, $60

 

For secure online processing, SIGN UP TODAY!

 

Printer-Friendly Version


2013-05-08 15:30:00 2013-05-08 17:00:00 America/Detroit Multi-Family Madness   Multi-Family Madness   presented by     at     The Gramercy New Albany   Wednesday, May 8, 2013 Registration 3:30pm, Program 3:45pm Networking Reception 4:30pm   The latest reports on new and existing home sales seem to indicate that the housing market is beginning to find its footing again. While most believe the recovery will be slow, U-shaped, and bumpy, the free fall appears to be over for both sales and prices.   If that is in fact the case, then we have to ask what effect that recovery will have on the recently booming apartment sector, which benefited from the housing crash.  Rents are sky high in most of the largest U.S. markets, and vacancies are down and still falling. Multifamily housing starts were up 30 percent in July from a year ago, according to the U.S. Commerce Department, and multifamily permits were up over 47 percent.   Supply increases are a potential risk to the multifamily sector, and high prices have caused investors to sour on the sector of late. But some say multifamily isn’t exactly heading into the woods. The fundamentals are still strong.  Hear what the local experts are thinking and doing regarding the Multi-Family Madness.   Moderator:  David Royer, VP of Finance & Development, Continental Real Estate Companies    Panelists   Franz Geiger, Managing Director, NP Limited Partnership Nelson Yoder, Principle, Crawford Hoying Development Partners Brett Kaufman, CEO, Kaufman Development   Members, $40, Nonmembers, $60   For secure online processing, SIGN UP TODAY!   The Gramercy at New Albany