))
10/29/2024: Episode 99 - Q3 2024 New York City Multifamily Quarter in Review Featuring Victor Sozio & Matthew Dzbanek
Manage episode 447498350 series 3261626
Contenuto fornito da Ariel Property Advisors. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Ariel Property Advisors o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.
Shimon Shkury, President and Founder of Ariel Property Advisors, Victor Sozio, Founding Partner, and Matt Dzbanek, Senior Director in Capital Markets, explore trends in the multifamily market and discuss Ariel’s Q3 2024 Multifamily Quarter in Review New York City research report in this podcast.
Among the topics: there were $2.33 billion in multifamily sales in Q3 2024, a 17% decline from Q2 2024; of the total sales, $1.27 billion of the trades were in Manhattan below 96th Street; multifamily assets are offering investors a buying opportunity today because values have fallen across all segments; mortgage maturities are forcing sales, while sales based on strategic decisions are focused on equity reallocation; interest rates remain elevated, which is leaving owners reluctant to transact due to the uncertainty of achieving desired values; affordable housing remains desirable when it’s available; and more buyers, sellers and lenders are expected to return to the market in 2025.
99 episodi
Condividi
