Author Archive
Posted in October 11th, 2008
ARA’s Seattle report emailed out today confirms a trend we’re seeing in markets all around the country – multifamily rental demand is up, in some markets impressively.
Here’s what ARA Seattle’s Lynn Porter reports this morning about the Seattle market -
In 2003 and 2004, only 12 percent of new households in King and Snohomish counties chose […]
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Posted in October 11th, 2008
“No great man ever complains of want of opportunity.” – Ralph Waldo Emerson
Technorati Tags: Redfish Quote of the Day
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Posted in October 10th, 2008
A couple of days ago I had the pleasure of speaking with Burl Gilyard, a staff writer for the Minneapolis based Finance and Commerce magazine and website.
Burl had called to gather more information for an article he penned about our latest Homeowners’ Market Fundamentals Index release; in that ranking the Minneapolis-St. Paul metroplex ranked 108th […]
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Posted in October 10th, 2008
Paul Volcker’s op-ed in the WSJ today has drawn quite a bit of attention; we think the attention is well deserved.
Here’s his opening salvo –
Today, the financial crisis has reached a critical point. The sharp decline in the stock market and its volatility dramatically make the point. More important if less visible, the flow of […]
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Posted in October 10th, 2008
Economic development updates for Grand Rapids covering recent months include:
DornerWorks, an avionics company, has recently greatly expanded their workforce. Since the start of the year, the company has filled 23 new positions, which was initially projected to require three years to accomplish. The company plans on becoming a national provider next year, so more growth […]
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Posted in October 10th, 2008
Economic development updates for Fort Wayne covering recent months include:
Nu-Tec Coatings is planning to expand their operations in Fort Wayne. Over the next three years, the custom coating company will invest over $1.7 million. The move will add 35 full time jobs to the workforce.
Truck Engineering Ltd., a manufacturer of stainless steel dump truck bodies, […]
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Posted in October 10th, 2008
Economic development updates for Fort Lauderdale covering recent months include:
Becton, Dickinson and Co. (BD), a medical technology company, is planning to open a new biosciences manufacturing facility in nearby North Miami. The facility will produce cell culture media supplements that will be used in the production of vaccines and pharmaceuticals. The move will create over […]
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Posted in October 10th, 2008
For our next two Daily Data Discussion posts we’re going to stick with multifamily related topics, specifically price per door values for Class B multifamily units across the country.
As we’ve noted before when sharing this information back in the summer, we don’t consider price per door values when computing market rankings using our proprietary Multifamily […]
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Posted in October 10th, 2008
“Small opportunities are often the beginning of great enterprises.” – Demosthenes
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Posted in October 9th, 2008
Robert Shiller has a great op-ed up in today’s WSJ – the piece is titled “Good Financial Information Matters More Than Ever”.
Dr. Shiller has hit upon one of the founding themes of our company - our premise is that good investors need great market information these days to place real assets in markets with the […]
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Posted in October 9th, 2008
From The Big Picture this morning……
Technorati Tags: bailout plan
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Posted in October 9th, 2008
Economic development updates for Flint covering recent months include:
General Motors recently announced plans to build a manufacturing plant in Flint. The plant will produce four cylinder engines for two of Chevrolet’s fuel-efficient vehicles. Over 300 jobs will be created when the plant is completed in 2010.
Technorati Tags: flint business news
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Posted in October 9th, 2008
Economic development updates for Evansville covering recent months include:
Berry Plastics is planning to expand their production line by adding almost $28 million in new equipment. The company builds food containers. Twenty seven new jobs will be created when the project is complete, and over 60 new jobs will be created within five years.
Technorati Tags: Evansville […]
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Posted in October 9th, 2008
A good question came in yesterday evening regarding yesterday’s post about the best multifamily rental rate gain markets; the question asked what asset class (or classes) did the data cover? When we query brokers and PMs about the data, we asked them to summarize their impression and data regarding rental rates gains across the board, […]
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Posted in October 9th, 2008
“An optimist sees an opportunity in every calamity; a pessimist sees a calamity in every opportunity.” – Winston Churchill
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