Multifamily Lending Outlook Remains Positive

Multifamily Lending Outlook Remains Positive

The first quarter of the year tends to be slower in the world of multifamily lending, but 2019 started off busy – with sales volume totaling $36.4 billion in the first quarter – and has continued through the first half with no signs of letting up. Driving the strong activity is considerable buyer demand in […]

Property Owners Utilize Freddie Mac’s Small Balance Loans to Grow Workforce Housing Market

Property Owners Utilize Freddie Mac’s Small Balance Loans to Grow Workforce Housing Market

At the end of 2014, Freddie Mac launched its new Small Balance Loan (SBL) program in an effort to facilitate access to affordable capital for owners of small apartment buildings with five or more units.  The SBL features a streamlined process and less paperwork than Freddie Mac’s traditional, higher balance programs.  Additionally, it substantially compresses […]

Investing in Workforce Housing Properties

Investing in Workforce Housing Properties

Many people struggle with affording an apartment in the city that they work. In central Ohio, average monthly rents have boomed as the region grows, but wages have not kept pace. The Columbus Dispatch reports that of the ten most common jobs in the state, only two (registered nurses and customer service representatives) earn enough […]

Opportunity Zones – Capitalizing on Federal Tax Incentives

Opportunity Zones – Capitalizing on Federal Tax Incentives

The tax reform bill passed by the federal government has given those involved with real estate a break. Its passage is having a positive impact on taxpayers around Columbus. The reform bill has created a new “Opportunity Zone” program, which allows a taxpayer to defer income tax on capital gains. If you sell a business […]

Why Multifamily Properties Are a Great Investment

Why Multifamily Properties Are a Great Investment

Thinking of investing in a multifamily home? Looking to expand your portfolio by adding more investment properties? Now is a great time to expand or even break into the market. Here’s why you should invest, or keep investing, in multifamily properties: Aging and Growing Populations Market trends and census data are showing that multifamily properties […]

Taking Advantage of 1031 Tax Deferred Exchanges

Taking Advantage of 1031 Tax Deferred Exchanges

Investors who own an appreciated property can defer payment of their capital gains taxes using a 1031 Tax Deferred Exchange (also known as a “Like Kind” exchange. 1031 tax deferred exchanges allow property owners to sell a property and use 100% of the equity and profit from the sale to purchase and invest in a […]

1031 Reverse Exchange Rules in Ohio: Everything You Need to Know

1031 Reverse Exchange Rules in Ohio: Everything You Need to Know

Timing is everything when it comes to making a good property investment, and sometimes a deal on a commercial property is too good to pass up. Seasoned property owners and investors know this, but they also know that it’s not always possible to sell a current property before taking ownership of another. When this is […]

4 Things to Know About The Columbus Real Estate Market in 2018

4 Things to Know About The Columbus Real Estate Market in 2018

As we push into 2018, numbers and predictions about the Columbus real estate market are being released based on surveys, studies and other reports. Here are four things that investors should know about Columbus real estate market in 2018: #1) Columbus Real Estate Market is Expected to Do Well in 2018 The 2018 real estate […]

Winning Real Property Tax Valuation Cases

Winning Real Property Tax Valuation Cases

Commercial property owners who believe the value of their property has been overestimated can file a protest with a County Board of Revision (BOR) to have the value adjusted. Formally called a Complaint Against Valuation (CAV), this complaint must be submitted on or before March 31st of the following tax year and must contain significant […]

Is Micro Living Apartments the New Trend in Columbus, Ohio?

Is Micro Living Apartments the New Trend in Columbus, Ohio?

Over the past few years we have seen a large trend growing around a rather small concept: micro living. This lifestyle — where people live and thrive on as little as possible — has even had an impact in the real estate industry, particularly growing urban areas like Columbus. With people living on (and with) […]