Dylan Simon -- Colliers International
36.3K views | +9 today
Follow
Dylan Simon -- Colliers International
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 $3M 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 Metro Report: June 2018

Seattle Metro Report: June 2018 | Dylan Simon -- Colliers International | Scoop.it
Check out the latest Seattle Metro Rent Report for June 2018 to see the most and least expensive cities and cities with the fastest growing rents.
Dylan Simon's insight:

Seattle Area Rent Growth - The Fastest Growing Cities (Y/Y%)

–Kirkland, WA had the fastest growing rent since this time last year, up 15.7%.

–Burien, WA rent had the second largest year over year growth rate, climbing 15.5%.

–Puyallup, WA ranked as third with rent growing 14.3%.

more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

Clark Construction Group Takes a Look at Defining Market Trends in the Year Ahead

Clark Construction Group Takes a Look at Defining Market Trends in the Year Ahead | Dylan Simon -- Colliers International | Scoop.it
All markets are hot. The Puget Sound construction market is well diversified. High-rise residential and office, healthcare, higher education, transportation, hospitality, and K-12 are all going strong. Local, National and foreign investors are all jumping on the Seattle bandwagon, and unlike typical markets where the general theme is cyclical change, this is not the current state in Seattle.
more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

Seattle area added 12,000 residential units in 2017—with a similar outlook for 2018

Seattle area added 12,000 residential units in 2017—with a similar outlook for 2018 | Dylan Simon -- Colliers International | Scoop.it
That’s 50 percent more than 2016
Dylan Simon's insight:

"Numbers compiled by Seattle in Progress show around 8,000 new units completed in the past year—around 7,500 if you only count multifamily development—in the Seattle city limits alone. More than 30,000 additional units have permits approved, and another 30,000 have applied."

more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

Value of Seattle-area commercial construction starts drops more than half compared to last year

Value of Seattle-area commercial construction starts drops more than half compared to last year | Dylan Simon -- Colliers International | Scoop.it
Dylan Simon's insight:

The value of commercial starts may have dropped, but residential seems to be going strong: "On the residential side, however, the value of multifamily and single-family starts through April jumped 42 percent to just over $2.9 billion."

more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

Yardi: Rents Rise 2.8% Year-Over-Year Through January 2018 | Multifamily Executive Magazine | Economic Conditions, Rents, Supply and Demand, Research, Occupancy and Vacancy Rate, Economics, Local M...

Yardi: Rents Rise 2.8% Year-Over-Year Through January 2018 | Multifamily Executive Magazine | Economic Conditions, Rents, Supply and Demand, Research, Occupancy and Vacancy Rate, Economics, Local M... | Dylan Simon -- Colliers International | Scoop.it
Matrix Monthly report predicts metro-level multifamily rent growth will trend toward the median in the coming year.
Dylan Simon's insight:

Hold out judgement on slowing rent growth for Spring! "YOY rent growth has remained between a high of 3.0% and a low of 2.4% in the past year, following two years of above-trend increases. Yardi expects rent growth to remain in the 2.5% range but believes the next few months will provide a better idea of rent trends for 2017, as rent-growth trends flatten during the winter."

more...
No comment yet.
Scooped by Dylan Simon
Scoop.it!

New report: Construction activity slowed in Seattle area at end of 2017 - Puget Sound Business Journal

New report: Construction activity slowed in Seattle area at end of 2017 - Puget Sound Business Journal | Dylan Simon -- Colliers International | Scoop.it
Dylan Simon's insight:

"Residential construction isn't immune from the trend, either, down 8 percent for the year through November. In the month of November, it fell 14 percent."

more...
No comment yet.