Dylan Simon -- Kidder Mathews
40.8K views | +0 today
Follow
Dylan Simon -- Kidder Mathews
I specialize in the sale of apartment buildings in Seattle and the greater Puget Sound region.  I focus on the sale of both apartment buildings and developable land ranging from $1M to $100M. I am passionate about real estate investment and development, economics, technology and urbanism. Through brokerage I assist apartment investors and developers in achieving the highest possible levels of return and build an advisory relationship that lasts ownership life-cycles instead of just a transaction.
Curated by Dylan Simon
Your new post is loading...
Your new post is loading...
Scooped by Dylan Simon
Scoop.it!

SEATTLE BIOTECH JOBS: Alexandria wins competition to buy $143M / 2.9 acre Seattle development site -- big win for affordable housing with $57M commitment

SEATTLE BIOTECH JOBS: Alexandria wins competition to buy $143M / 2.9 acre Seattle development site -- big win for affordable housing with $57M commitment | Dylan Simon -- Kidder Mathews | Scoop.it
Alexandria Senior Vice President John Cox, who leads the Seattle market, said the vision is to transform the Mercer Mega Block into a thriving life science campus in the heart of South Lake Union.
more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

OPPORTUNITY ZONES:  New Guidance Makes the Case for Qualified OZ Investments

OPPORTUNITY ZONES:  New Guidance Makes the Case for Qualified OZ Investments | Dylan Simon -- Kidder Mathews | Scoop.it
New Guidance Makes the Case for Qualified OZ Investments
more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

APARTMENT OCCUPANCY REPORT:  Apartment Turnover Rate Continues to Fall -- turnover rate for multifamily housing has fallen to 47.5%, which is the lowest level in two decades

APARTMENT OCCUPANCY REPORT:  Apartment Turnover Rate Continues to Fall -- turnover rate for multifamily housing has fallen to 47.5%, which is the lowest level in two decades | Dylan Simon -- Kidder Mathews | Scoop.it
turnover rate for multifamily housing has fallen to 47.5%, which is the lowest level in two decades.
more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

CRETech / PROPtech :: Commercial real estate marketing tech startup Remarkably raises more cash to meet early demand from savvy apartment owners & managers

CRETech / PROPtech :: Commercial real estate marketing tech startup Remarkably raises more cash to meet early demand from savvy apartment owners & managers | Dylan Simon -- Kidder Mathews | Scoop.it
Remarkably is raising more cash to meet early demand for its technology that helps apartment rental building owners, managers, investors, and developers with their marketing strategies. The Seattle startup announced a $4.1 million round led by Wildcat Venture Partners with participation from PSL…
more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

REDMOND APARTMENT DEVELOPMENT:  Redmond Square development plans for 615 apartment units and 26,000 square feet of retail

Plans call for two linked six-story buildings totaling about 615 units.
more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

SEATTLE APARTMENT RENTS:  Seattle #8 in the Nation for 1-Bedroom Rent Rates -- Still nearly a 50% discount from the cost to rent in San Francisco

SEATTLE APARTMENT RENTS:  Seattle #8 in the Nation for 1-Bedroom Rent Rates -- Still nearly a 50% discount from the cost to rent in San Francisco | Dylan Simon -- Kidder Mathews | Scoop.it
Check out Zumper's August 2019 National Rent Report to learn insight on the most recent rental trends in the 100 largest cities throughout the United States.
more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

ECON UPDATE: July Jobs Report -- How does this month's jobs report impact the US economy?

ECON UPDATE: July Jobs Report -- How does this month's jobs report impact the US economy? | Dylan Simon -- Kidder Mathews | Scoop.it
A top ranked economics and finance blog with a focus on the housing market
more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

Top 5 Markets for Multifamily Deliveries: Seattle #2 with 37 projects and over 6,300 units set to deliver in 2019 :: See how Seattle compares to its cohort

Top 5 Markets for Multifamily Deliveries: Seattle #2 with 37 projects and over 6,300 units set to deliver in 2019 :: See how Seattle compares to its cohort | Dylan Simon -- Kidder Mathews | Scoop.it
A breakdown of the country's best-performing markets over the first two quarters, ranked by completions as a percentage of total rental inventory.
more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

BELLEVUE JOB GROWTH: AMZN HQ1.5 is quickly becoming the Eastside :: Amazon leading growth on the Eastside, and low vacancy rates not expected to let up

BELLEVUE JOB GROWTH: AMZN HQ1.5 is quickly becoming the Eastside :: Amazon leading growth on the Eastside, and low vacancy rates not expected to let up | Dylan Simon -- Kidder Mathews | Scoop.it
The rest of the Eastside is rising along with Bellevue. Experts say Amazon’s expansion, combined with access to high-quality public schools, a business-friendly environment and the promise of light rail in 2023 make the Eastside an attractive place for businesses.
more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

APARTMENT MARKET FORECAST: Looking Ahead: Midyear Multifamily Investment Landscape | Multifamily Executive Magazine

APARTMENT MARKET FORECAST: Looking Ahead: Midyear Multifamily Investment Landscape | Multifamily Executive Magazine | Dylan Simon -- Kidder Mathews | Scoop.it
Learn five insights for the future of multifamily investment from Fogelman Properties’ Mike Aiken.
more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

APARTMENT OWNER LEGISLATION: New ordinance requires owners to give notice to sell their building; expands penalties for non-compliance

APARTMENT OWNER LEGISLATION: New ordinance requires owners to give notice to sell their building; expands penalties for non-compliance | Dylan Simon -- Kidder Mathews | Scoop.it
The new legislation expands the policy to include buildings of two or more apartments
more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

SEATTLE APARTMENT SALE: Broadstone Clarendon sells to Cahill Equities for $39.8M -- $485k/unit

SEATTLE APARTMENT SALE: Broadstone Clarendon sells to Cahill Equities for $39.8M -- $485k/unit | Dylan Simon -- Kidder Mathews | Scoop.it
The six-story building has 82 units and 50 underground parking stalls.
more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

SEATTLE TECH NEWS: T-Mobile gets federal approval for merger with Sprint -- more great news for tech employment and regional growth on the Eastside

SEATTLE TECH NEWS: T-Mobile gets federal approval for merger with Sprint -- more great news for tech employment and regional growth on the Eastside | Dylan Simon -- Kidder Mathews | Scoop.it
After nearly a decade of foiled attempts to either buy or be bought by a rival wireless carrier, T-Mobile is one huge step closer to its goal.
more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

FEDERAL WAY APARTMENT SALE :: Rise purchases Waterbury for $56M  -- 236 units, equating to $237,288 per unit

The 236-unit complex is at 32905 19th Place S., between Pacific Highway South and Interstate 5, near the latter's Exit 143.
more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

APARTMENT DEVELOPMENT TRENDS:  Apartment Building Projects Are Getting Bigger, record number of buildings over 50 units delivering

APARTMENT DEVELOPMENT TRENDS:  Apartment Building Projects Are Getting Bigger, record number of buildings over 50 units delivering | Dylan Simon -- Kidder Mathews | Scoop.it
In 2018, U.S. developers broke a record for the number of apartments completed in buildings with 50 or more units
more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

APARTMENT LENDING NEWS:  Fannie, Freddie Focus on “Green” and “Affordable” Loans to avoid lending limits, boon to borrowers focused on affordable housing

APARTMENT LENDING NEWS:  Fannie, Freddie Focus on “Green” and “Affordable” Loans to avoid lending limits, boon to borrowers focused on affordable housing | Dylan Simon -- Kidder Mathews | Scoop.it
In order to avoid FHFA’s lending limits, the GSEs are focusing on loans backed by environmentally-sustainable and affordable housing properties.
more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

SEATTLE TECH JOBS: Google closing-in on nearly 1M square feet in the region, with growth plans that could take on even more between Kirkland-Seattle-Bellevue

SEATTLE TECH JOBS: Google closing-in on nearly 1M square feet in the region, with growth plans that could take on even more between Kirkland-Seattle-Bellevue | Dylan Simon -- Kidder Mathews | Scoop.it
In Seattle, Google has an estimated 200,000 square-foot campus in Fremont, and Vulcan is developing an estimated 929,000 square feet of space across five buildings in South Lake Union.
more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

SEATTLE RANKED #3 :: Seattle Ranked #3 in the Nation as Best City for Foodies -- Millennials follow the food, highest rental rates follow the Millennials! 

SEATTLE RANKED #3 :: Seattle Ranked #3 in the Nation as Best City for Foodies -- Millennials follow the food, highest rental rates follow the Millennials!  | Dylan Simon -- Kidder Mathews | Scoop.it
Check out Zumper’s latest report on the Best Places for Foodies in the nation with categories like number of restaurants and average Yelp reviews.
more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

BELLEVUE APARTMENT DEVELOPMENT :: Pinnacle files first multifamily plan on its 11 acre Bellevue development site -- just one of many new projects planned in downtown Bellevue

BELLEVUE APARTMENT DEVELOPMENT :: Pinnacle files first multifamily plan on its 11 acre Bellevue development site -- just one of many new projects planned in downtown Bellevue | Dylan Simon -- Kidder Mathews | Scoop.it
The proposed six-story building would have 104 units; whether condominiums or rentals isn't specified.
more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

MULTIFAMILY FINANCE: Interest Rate Cut Won’t Have Dramatic Impact on CRE, experts predict :: But what does 2020 hold?

MULTIFAMILY FINANCE: Interest Rate Cut Won’t Have Dramatic Impact on CRE, experts predict :: But what does 2020 hold? | Dylan Simon -- Kidder Mathews | Scoop.it
The quarter percentage point cut won’t have a significant impact on the commercial real estate industry, industry sources say.
more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

SEATTLE JOB GROWTH:  Global juggernaut Salesforce completes $15.7B acquisition of Tableau Software :: Stage set for Seattle to become Salesforce's HQ2

SEATTLE JOB GROWTH:  Global juggernaut Salesforce completes $15.7B acquisition of Tableau Software :: Stage set for Seattle to become Salesforce's HQ2 | Dylan Simon -- Kidder Mathews | Scoop.it
Salesforce has wrapped up its $15.7 billion acquisition of Seattle’s Tableau Software, creating a powerful force in the lucrative enterprise software world. The deal shakes up the Seattle tech scene and instantly makes Salesforce a major player for talent in the region. Making Seattle, and its…
more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

INVESTMENT TRENDS:  Office Investors Strategically Shift to Suburban Product -- How will this impact rents in suburban apartment buildings?  

INVESTMENT TRENDS:  Office Investors Strategically Shift to Suburban Product -- How will this impact rents in suburban apartment buildings?   | Dylan Simon -- Kidder Mathews | Scoop.it
Select suburban markets with strong job growth are seeing strong increases in investment activity.
more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

EB-5 LEGISLATION: Seattle developers expect EB-5 investments to decrease as legislation makes the program more onerous to raise capital

EB-5 LEGISLATION: Seattle developers expect EB-5 investments to decrease as legislation makes the program more onerous to raise capital | Dylan Simon -- Kidder Mathews | Scoop.it
The immigrant investors program that has helped fund major Seattle projects is slated for big changes developers including F5 Tower's Kevin Daniels and Avalara Hawk Tower's Henry Liebman worry could curb investment.
more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

APARTMENT LEASING TECH TRENDS: Lifestyle-Forward Amenities and Community Building Have Gone Digital: Are You Ready?

APARTMENT LEASING TECH TRENDS: Lifestyle-Forward Amenities and Community Building Have Gone Digital: Are You Ready? | Dylan Simon -- Kidder Mathews | Scoop.it
There’s no doubt that the sharing economy is redefining the meaning of public spaces. And, it’s not just th
more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

CAPITOL HILL SEATTLE NEWS :: Major QFC Harvard Market overhaul planned with big Amazon grocery coming to E Pike

CAPITOL HILL SEATTLE NEWS :: Major QFC Harvard Market overhaul planned with big Amazon grocery coming to E Pike | Dylan Simon -- Kidder Mathews | Scoop.it
Amazon has announced it is indeed opening a new store on the Hill… First Hill! Meanwhile, CHS has learned about a major project planned by QFC to prepare its Pike at Broadway Harvard Market s…
more...
No comment yet.