Tag Archives: transit oriented development

House Hunting? Make it easy on yourself!

12 Feb

Looking for the perfect home? Did you know that I can set you up to be automatically notified – 24/7, 365 days per year – anytime a home matching your specific criteria comes on the market? You’ll get all the info relating to the properties that come your way, including photos and a map. With that kind of informative and real-time system working for you, I can arrange a private viewing as soon as possible. Stay ahead of the crowd. Give me a call and let’s start looking for your dream home today!

Tyler O’Donovan B.A., Sales Representative
RE/MAX Twin City Realty Inc., Brokerage
83 Erb Street West, Waterloo, ON N2L 6C2
Office Telephone: 519-885-0200
E-mail: tylerodonovan.remax@gmail.com
Website: www.tylerodonovan.com

Berriz: Best time ever to invest in multifamily

8 Nov

Strong demographic trends and low interest rates are creating the best environment to invest in multifamily housing in 100 years, McKinley Properties CEO Albert M. Berriz said at a Tuesday luncheon.

“Check the math. Check the psychology. This is the most robust time to invest in the history of the country,” he said.

Ann Arbor, Mich.-based McKinley owns more then 30,000 apartment units in 14 states. About 40 percent of its assets are located in Florida’s Interstate 4 corridor, including seven communities in Pinellas County and 23 properties in Hillsborough County.

Berriz said the company is close to closing deals on several other properties in Tampa Bay by the end of the year.

Apartment development and attractive investment returns in the I-4 corridor will continue to be fueled by population growth and job growth. “It’s 132 miles of solid opportunity,” Berriz said.

Area rents will double by 2020, he predicted during the Commercial Real Estate Women Tampa Bay Deal Maker’s luncheon at the Embassy Suites in Tampa.

Berriz said many young people view homeownership as an anchor. He downplayed aspirations for transit-oriented development.

“You are not Washington, D.C.,” he said. “You guys are car wired, not train wired.”

Full post here