The multifamily housing sector has experienced exceptionally strong growth over the past few years. While it isn’t expected to suddenly stop being an area of growth, there are signs the apartment-rental market may be cooling. One of the biggest areas of concern for economists is new multifamily housing construction — developers have been creating so Read more about The Apartment Market[…]
Every month we feature a CRE Expert who answers some questions about topics related to commercial real estate. This month Justin Oeth of Reinhart Law in Madison, Wis., discusses legal aspects of leases with us. Should a guaranty be required as part of a lease? Oftentimes tenants wish to protect themselves from personal liability by creating Read more about Legal Expert: Justin Oeth[…]
Is Madison, WI ready for micro-apartments? We found an interesting article on micro-apartments on National Real Estate Investor today. The apartments range in size from just 300 square feet to 500 SF and often times share amenities such as communal chef kitchens and roof top gardens. With such a young and vibrant millennial and high Read more about Is Madison, WI Ready for Micro-Apartments?[…]
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According to a research done by NAIOP, tenants are gravitating towards Suburban Vibrant Centers over the traditional single-use areas that have been developed for decades. A Suburban Vibrant Center is an area that presents a good mix of “live, work, play”. Office tenants are finding these areas more attractive because of the push from Read more about Where are Madison’s Vibrant Centers?[…]
While attending the 2015 RASCW Commercial Forecast, I quickly realized that the focus of discussion is still on the Madison apartment boom. When will it come to an end? Or, is it only just beginning? 2014 closed up with an astonishing 5,300 apartment units either completed, under construction or approved, according to the Read more about Madison – Too many apartments or not enough? A reflection on the 2014 apartment boom[…]