Author Topic: High Quality Multi-family REITs - EQR, CPT, ESS, AVB  (Read 18518 times)

BG2008

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Re: High Quality Multi-family REITs - EQR, CPT, ESS, AVB
« Reply #100 on: October 16, 2020, 12:57:14 PM »
I didn't save the tweet, but there a handful of RE Twittter personalities saying that they can find any MF at 4% cap rate in Dallas. 


thepupil

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Re: High Quality Multi-family REITs - EQR, CPT, ESS, AVB
« Reply #101 on: October 27, 2020, 02:06:33 PM »
EQR results look pretty bad, as expected.

BG2008

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Re: High Quality Multi-family REITs - EQR, CPT, ESS, AVB
« Reply #102 on: October 27, 2020, 03:20:11 PM »
I didn't save the tweet, but there a handful of RE Twittter personalities saying that they can find any MF at 4% cap rate in Dallas.

I meant to say "Can't"

CorpRaider

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Re: High Quality Multi-family REITs - EQR, CPT, ESS, AVB
« Reply #103 on: October 28, 2020, 06:23:16 AM »
What's your @twitter BG?

rb

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Re: High Quality Multi-family REITs - EQR, CPT, ESS, AVB
« Reply #104 on: October 28, 2020, 07:06:09 AM »
Wow! This thing looks like a slasher film today.

thepupil

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Re: High Quality Multi-family REITs - EQR, CPT, ESS, AVB
« Reply #105 on: October 28, 2020, 07:24:42 AM »
$337K / unit, 5.8% cap on new fundamentals, bought a little more but by no means a material position yet. waiting for and expect more pain, many years of pain.

 


thepupil

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Re: High Quality Multi-family REITs - EQR, CPT, ESS, AVB
« Reply #107 on: November 20, 2020, 06:48:28 AM »

https://twitter.com/tradedny/status/1329792838138290177

luxury building on union square south going for $884K / unit. without knowledge of the value of the retail, difficult to figure out an "apartment only" price.

an NYC bear say "you can't count this one, because it has high value retail near/on union square. that's not a real per unit price"...to which i'd respond" so you're saying well-located NYC retail has a  lot of value?

this is a pretty expensive building: https://streeteasy.com/building/1-union-square-south-new_york#tab_building_detail=1

a penthouse 1BR is $6K and a studio is $3.5K.

bonus points to who knows who owns the whole foods next door on Union Square, Whole Foods first location in NYC. i'll give you a hint. it rhymes with Tornado.

« Last Edit: November 20, 2020, 06:53:02 AM by thepupil »