Wednesday, October 29, 2008

Multifamily Executive Conference Wraps in Las Vegas, A Study of the Future of Apartment Investing

The Multifamily Executive Conference has wrapped in Vegas.  Information about all the sessions is available online.

Among the sessions:

Green Features Will Soon Be a Given at Multifamily Properties

Broken Condo Projects Spell Opportunity for Equity-Backed Investors

Small Upgrades Can Drive Up Rents

Also at this year's conference a major national apartment brokerage firm reported its business is off 45 percent for the year and it expects even steeper declines in 2009. The company said traditional 5-10% gaps in seller/buyer expectations had widened to 25%.  Starts of multifamily buildings of five units or more have dropped 25%, which is expected to help increase the value of existing apartment investments as demand continues to grow.