Caleb Webster
@infilldeveloper
Sharing my experience as a small infill developer in Portland
Tal vez te guste
Flew out to Denver to go backcountry skiing to a hut, had to turn back because of conditions.
This chart tells you all you need to know - inflation is never going away.
Pretty crazy that I have dozens of spices in my kitchen and on demand ice. I’d basically be a billionaire 200 years ago.
Closing on my first multifamily deal in 5 years - a 46 unit at an incredible basis. It's been hard sitting it out for so long but it's an understatement to say I'm glad I did, given how everything played out. Excited to get to work and hopefully buy many more like it.
Portland NIMBY's have won. Sale prices on new construction in the core of the city are now so low that infill development no longer pencils 90% of the time. In fact, new construction is now significantly cheaper the buying existing without even factoring in cost of ownership.
It really is that simple
Every legitimate source for apartment data shows: Where there's a lot of new apartment supply, rents are falling. Where there's little new apartment supply, rents are rising. It's all about supply and demand. Source: Avison Young Q3 report using CoStar data
If you could spend all of September in Europe where would it be? Bonus points for great food and culture but needs to be close to an airport or eurorail.
Unless something changes, this doesn’t bode well for longtime holders of RE.
Something seismic is happening across the globe: birth rates are collapsing to levels not seen in modern history. This isn’t just a blip-it's a profound shift affecting nearly every developed nation. But why is this happening, and what does it mean? Let’s break it down:
A portfolio of 68 houses on 7 tax lots hit the market, all built in 2007 and will probably trade at ~$150sf. It’s too big to take down with my current capital partners so I’m finally waking up to the realization that raising capital needs to be my top priority this year.
What if this really was all to refinance treasuries but sovereign funds offload all their t-bills and yields actually rise?
Before/After of a remodel we just completed. Should’ve done a built-in microwave instead of a micro-hood but overall I’m happy with how it turned out.
Have you ever seen a longer email address? It's almost like they don't want people to email them...
United States Tendencias
- 1. Minneapolis N/A
- 2. Mike McCarthy N/A
- 3. Armed N/A
- 4. Art Rooney N/A
- 5. Border Patrol N/A
- 6. Abolish ICE N/A
- 7. #Rolex24 N/A
- 8. Another ICE N/A
- 9. Resisting N/A
- 10. Insurrection Act NOW N/A
- 11. Bournemouth N/A
- 12. #BOULIV N/A
- 13. Murdered N/A
- 14. Collin Chandler N/A
- 15. Wink N/A
- 16. Art II N/A
- 17. Omar Khan N/A
- 18. Coen Carr N/A
- 19. Van Dijk N/A
- 20. Jose Ramirez N/A
Tal vez te guste
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Max Dubler, AICP 🏳️🌈
@maxdubler -
Stan George
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Jeremy Glantz
@JeremyGlantz -
Jack Lin
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