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Dylan Simon -- Kidder Mathews
40.6K views | +4 today
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.
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Dylan Simon
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Scoop.it!
Dylan Simon's insight:
There is plenty of supply in Seattle's pipeline, but many are questioning project starts for 2018: “We’ve been going through this cycle long enough that the obvious sites are in short supply, so, clearly, we’re going to start fewer units in 2018. The question is, really, to what degree?” |
"High occupancy rates are helping keep apartment rents high and rising. 'Rent growth—while below the cycle’s peaks—has outperformed many investors’ expectations,' says Willett. Same-property rents for new leases climbed 2.6 percent in first quarter compared to the year before. That’s about the same as the rate of rent growth has been over the last four quarters, according to RealPage."