Are you prepared for rising material costs in the multifamily industry? With escalating US-China tariff wars, we brought in a multifamily supply chain expert to talk about the cost impacts and what apartment operators can do to minimize the pain. Joining the show today is Maia Jimenez, Owner of Vima Decor. With over 500 customers,…
06
Mar
Mar
For passive real estate investors looking to partner with the right private equity company, it’s very important to clearly identify the business model being offered for two reasons: First, it defines how the Capital Partners (passive investors) and the Sponsor (private equity company) will be compensated for their respective pieces. Second, it underscores the alignment—or…
11
Feb
Feb
Dallas, TX – Feb 11, 2019 – Multifamily Property Group (MPG) announces the acquisition of Smith Creek Apartments, a 192-unit Class B property comprising 185,000 livable square feet on 9.7 acres. The community has a very favorable unit mix with 75% of the complex being 2BR and 3BR layouts. Located just off Loop 12 in…
06
Feb
Feb
For several years we’ve enjoyed significant investment gains in multifamily real estate, driven in large part by a fundamental shift away from home ownership in the US, a trend likely to continue. It’s easy to get caught up in the excitement of the current market but don’t let the inevitable downturn catch you unprepared. The…
17
Nov
Nov
One of the more common questions I’m being asked lately is whether it makes sense to be a buyer in today’s market. As someone who’s been purchasing and renovating large-scale apartment properties before, during, and after the Great Recession, I thought I’d share my thoughts on the subject. We are nearing the end of a…
12
Oct
Oct
Garland, TX – October 12, 2018 –Silicon Valley-based real estate investment firm Multifamily Property Group (MPG) is pleased to announce the sale of Bay Island Apartments to a local Dallas-based investment firm. The 120-unit apartment community is located just outside of Dallas, in the highly desirable northeast submarket of Garland, Texas. Acquired in March 2016,…
22
Jun
Jun
We packed the house for our NorCal Apartment Investor Network multifamily panel this week where three Silicon Valley locals shared real-life stories of how they got started with out-of-state apartment investing. JC Castillo of the Multifamily Property Group recently interviewed all three panelists for an insightful look into what has made them successful investors in…
14
May
May
Multifamily Property Group (MPG), a Silicon Valley based private equity real estate investment company, recently closed a 12-year Fannie Mae loan with Dougherty Mortgage for the refinance of West Wind Apartments, a 160 unit Class B apartment complex in Irving, Texas. Acquired in March of 2017, West Wind was the firm’s 12th multifamily purchase in…
04
May
May
Earlier this week, we kicked off the inaugural NorCal Apartment Investor Network (AIN) Speaker Series with a presentation from David Kahn, Senior Market Analyst for CoStar Group. David focuses on the Dallas-Fort Worth (DFW) metro area and the greater Texas commercial real estate market. When asked why investors should look to the multifamily market in…