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Category: Apartment Group

San Antonio New Construction: 5 Commercial Builders You Can Rely On

September 8, 2020

Finding the right commercial builder for construction projects in San Antonio Texas isn’t always an easy task. A quick Google search will pull up plenty of options, but can you count on them for completing the job on budget, in time and with a high standard of quality? Having a general contractor on whom that […]

Raub Report: On to the new, New Normal

May 1, 2020

We are still in the midst of the Covid-19 healthcare crisis, but it appears the worst of this first phase is over. Here in San Antonio, hospitalizations have dropped from 77 to 54 with only 3 on ventilators as of the end of April. So, San Antonio metro area has not been hit as hard […]

Raub Report: Property Value in San Antonio Outpacing Value Appreciation

June 26, 2019

A frequent topic I see lately is the issue of Affordable Housing and property value in San Antonio. One of the biggest expenses of owning property, whether it’s your own home or a rental property, is property taxes. Home appreciation in San Antonio averaged about 4.3% last year, one of the highest rates in Texas. […]

Coming Soon: 100 SF Cement Micro Pods

July 24, 2018

Housing costs and lack of space continues to drive developers to think outside the box. In fact, developers aren’t thinking of boxes at all, they’re thinking of round cylindrical 100 square foot micro apartments as a small solution to the ever increasing need for space. Hong Kong-based James Law Cybertecture unveiled their designs for OPods, […]

Investors See Effects of a Peaked Multifamily Market

April 5, 2018

Changes are on the horizon for San Antonio multi-family investments. Forecasts for renters in San Antonio this year may be great; however, several factors are making it tough to invest in multifamily properties. While renters may be rejoicing, investors are finding it hard to deal with the recent changes to the tax code, higher interests […]

Baby Boomers keep Millennials from buying homes- Housing Shortage Study

September 19, 2017

Baby Boomers may be somewhat to blame for continued housing inventory shortages. Boomers are reluctant to sell which leaves Millennials, also known as Generation Y, with fewer properties to choose from. The new Housing Shortage Study from realtor.com mentioned there is data behind the shortage of homes. Boomers hold a 78% stake in homeownership compared […]

Inclusionary Zoning is Stepping In

January 20, 2017

With Class A apartment construction steadily rising in the last few years, rents have continually risen higher, and higher, so much so that one in four working renters is paying 50% or more of their income monthly. “Inclusionary Zoning” would require developers to allow for a certain number of units to be priced accordingly in […]

Apartment Demands Continue to Rise

October 17, 2016

Oversaturation in the San Antonio multifamily market has been on everyone’s minds as construction and permits have continued to rise quarter after quarter, however economic developments in the city make it clear that the absorption for new construction will be there. According to the Marcus & Millichap report for Multifamily in the 3Q, San Antonio […]

Apartment Supply & Demand

November 26, 2012

Earlier this year, there were signs that construction would spike in 2013, in the order of 150,000 to 200,000 units.  Developers have since postponed many projects to 2014, so that 2013 figures hover closer to 130,000 units – not far off from the pre-recession 10-year annual average of around 125,000 units.  The “bubble” now shows […]

San Antonio Snapshot: MultiFamily

October 19, 2012

San Antonio’s multifamily market has historically been exempt from the fluctuations typical of other Texas cities. Job growth is the most powerful force behind San Antonio’s multifamily growth.  The U.S. military has long been one of the region’s largest employers, and San Antonio has been the beneficiary of the Base Realignment and Closure (BRAC) activity, […]

LIHTC Apartment Update

September 21, 2011

In Austin, Apartment Realty Advisors principal Dave Fournier tells us affordable housing occupancy is particularly tight for the LIHTC properties that serve tenants at 30% of area median income and where average market rents are high (i.e. Chicago). In other words, renters are downgrading asset classes and driving up demand for affordable housing. All of […]

Apartment Sector Still on the Up

August 31, 2011

Apartment market conditions continue to improve across the board, according to the National Multi Housing Council’s (NMHC) latest Quarterly Survey of Apartment Market Conditions. “Demand for apartment residences continues to rise, even as the overall economy remains hampered by the aftermath of the housing bubble,” said NMHC Chief Economist Mark Obrinsky. “For the fifth time […]