Author: Sharestates

Austin: The Best Little Floorspace in Texas

Austin is still the capital. It still has an eclectic music scene. But Austin has outgrown all those convenient labels, and it keeps growing. No wonder the multifamily real estate market is so hot there.

Sharestates Recently Funds on West Coast of Florida

Tampa, Florida, was nicknamed “The Big Guava” by a local newspaper columnist. The name was derived from New York’s Big Apple and a businessman’s unsuccessful quest to find wild guava trees for a tropical fruit packing firm in New York in the 1880’s. It turns out that Tampa was not a good place to grow guava, but New Yorkers have not stopped looking to Florida for real estate ever since. 

Sharestates Recently Funded in Austin, TX

In recent years, Austin, Texas has been hot for more reasons that just the weather. One of the biggest draws for tourists and residents alike to this unique city is the live music scene.

How the NYC Rent Reform Law Can Impact Multifamily Development

In June, the state legislature passed, and Governor Mario Cuomo signed, new legislation that changes the way rent can be increased, and other benefits for multifamily property owners, moving forward. Unfortunately, instead of these laws sunsetting after a number of years, the new legislation has made them permanent.

Dallas: Big D Gets a Big A+ For Construction Effort

As the building boom goes on, the jobs flood in, and the younger workers flood in after them. The art and nightlife scenes surge from one end of the Dallas-Fort Worth metropolitan area to the other, and the construction is literally non-stop.

Dallas, Texas: A “Loan” Star State

Dallas is the third-largest city in Texas, better known as the Lone Star State, and is considered a modern metropolis located in the northern part of the state. Dallas is also the ninth-largest city in the US with a population of 1.3 million people. It’s broken up into specific neighborhoods known as Central Dallas, East Dallas, and South Dallas.

Interest Rate Cuts: Mortgage Market’s Second Wind? Maybe.

It’s clear that if you’re looking for an economic indicator to let you know whether you should be building more multifamily buildings or how many units you should be dividing them into, fed funds really won’t give you those answers.