Uncover the value of your property or portfolio supported by 3rd-party MAI market valuations. They have always exceeded our expectations, developed a sense of loyalty with our company and have achieved the highest price., Will, many thanks for your awesome execution on this portfolio sale., Thanks again for a job well done. Create a brighter future with a career in real estate. The average monthly rent for multifamily units increased 2.0% over the quarter from $1,188 per month in Q4 2021 to $1,212 per month in Q1 2022. Treasuries have since tapered back down, but the reality that we are in a rising interest rate environment is likely here to stay (baring a major global event). Crissy designs and conducts in-house training programs to elevate staff knowledge and to enhance new business skills. Multifamily services at Henry S. Miller include: Representing Buyers and Sellers of Multifamily Properties, Feasibility Studies Site Selection for new developments. Pat is also a founding member of the Colliers Oil and Gas practice group. We have investment sales specialists located in every major market in the state. The Houston office of Marcus & Millichap provides real estate investment sales, research information and advisory services for multifamily, retail, office, industrial, single-tenant net-lease, self-storage, seniors housing, manufactured homes, hospitality, land and special assets. Despite labor and economic challenges, there is reason to be optimistic that the senior housing market is rebounding, according to a recent report from Marcus & Millichap. CBRE provides investment sales and debt and structured finance services to multifamily clients ranging from small private investors to large public entities. Pat was responsible for building and organizing retail service delivery capabilities for Colliers worldwide as chairman of the Colliers Retail Specialty Group (96-2000, 2002-2013). Further, sales volume decreased 17% year-over-year between Q1 2021 to Q1 2022 according to our data provider, Real Capital Analytics. . We customize a systematic and integrated marketing strategy for the disposition of each property in a timely and effective manner. Annual deliveries as of mid-year 2020 totaled 13,699 units, the second highest delivery . Get financial, environmental, and social returns with sustainability solutions. Its agents work with buyers searching for single- or multi-family homes . All rights reserved. Leverage market insights and industry expertise to implement the right approach for your student housing assets. Pat has been quoted in national and regional publications including the Wall Street Journal, Dow Jones, Newsweek, Real Estate Forum, National Real Estate Investor, Globe Street and others. Al Silva Completes Sale of 484 Unit, 1980's Vintage Property in D/FW on Behalf of Madera Companies. Our brokers have layered on an acute understanding of property management best practices and a first-hand perspective for creating operational efficiencies. We really appreciate his facilitating this deal in such an uncertain market., Will, thank you for the fine job you did on this disposition great job and great process!, Congratulations and thank you for all of your work on getting our apartment portfolio sold! Benefit from our integrated team for optimal financing execution and real-time debt pricing. A client accounting team equipped with advanced reporting systems that provide real time property-level feedback. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website. The Park at Woodmoor was originally built in 1999 and is bordered by an expanding number of single-family developments and shopping centers that include restaurants and retail in a fast-growing north Houston market. Houstons median cap rate decreased 40 basis points from 5.3% over the year. Prior to JLL, Bob was a Senior Associate with the multi-family investment sales group at Berkadia. Unlock the potential of your residential real estate with expert investment, financing, valuation, due diligence and design strategies. JLL Capital Markets closed on a six-property L.A. County multi-housing portfolio in three separate transactions totaling $53.55 million. 310 Dallas, Texas 75240. Gain access to financing sources for your multifamily transactions, Securing transactions for all types of multifamily assets, Delivering world-class property management, Value and risk insights for confident investment decisions. Specialists in interactive marketing and reputation management focused on effective property and brand positioning. Finding the right investment opportunity is easy when choosing from the industrys largest, most diverse collection of exclusive commercial real estate listings. As the housing crisis intensifies in the U.S., big tech companies are starting to evaluate how they contribute to the problem and what they can do to solve it. As a direct lender, we can connect you with Fannie Mae, Freddie Mac and FHA to get the best possible financing structure. CBRE provides investment sales and debt & structured finance services to multifamily clients ranging from small private investors to large public entities. From asset valuation and coordination of the marketing process, to contract negotiations and more, we help clients open doors and close deals. Unique, experiential resident programming which is continuously perfected to account for evolving resident demands. Colliers' Cooke Multifamily Team Partner, along with Cindy Cooke, Brad Cooke, Colliers in Arizona and Ron Cameron, Colliers Atlanta one of Colliers most experienced multifamily investment sales teams in the nation. ", Will, congrats on the closing of Quarry Townhomes. ", Drew, Joey and the rest of the IPA Team, it was a wonderful experience working with you all. JLL Capital Markets closed the sale of and arranged the acquisition financing for Chases Ocean Grove, a 19.2-acre piece of land in Cape Cod. Colliers Houstons ISG team takes a consultative approach to commercial real estate which includes developing and executing strategies that are both consistent with its clients objectives as well as feasible in the current market environment. He was ranked as one of CBRE's Top National Producers for 2015, 2016, 2017 and 2018. Move-In Ready Office Suites For Lease! Residential, 2023 Healthcare Investor Survey & Trends Outlook, Retail When you work with RMA, you're more than a client. | Without question, we picked the right team for the listing assignment and we are very happy with how everything played out. According to data provided by RealPage, Inc., Houston's overall multifamily occupancy rate was 92.9% at the end of Q2 2020. From marketing the asset while navigating the challenges of COVID-19, to identifying a dependable buyer that sticks to their word, to negotiating the purchase price and providing support through the due diligence and closing, I could not be more pleased. Find the right strategy to achieve your multifamily goals, whether you are looking to buy, sell, finance, or assess the value of your property. According to JLL's new Banking and Finance Outlook, the banking and financial services industry is expanding into new markets and growing their real estate portfolios. Since 2001. Ranking factors are not limited to the data on this page. G.R.E.A. East Dallas Sub-Market Research and Trends Analysis, Texas Multifamily Market Reports December 2020, 5728 LBJ Freeway, Ste. This website uses cookies to enhance your experience. Prior to joining Colliers, Bob was a Vice President within JLL Houstons Capital Markets Multi-Family Investment Group. Market leading expertise in conventional multi-housing, affordable multi-housing, manufactured housing, and student housing. The tailwinds of demographic shifts and the inelasticity of medical services make medical real estate an attractive investment opportunity, Favorable leasing performance and improving economy setting stage for strong 2021. We combine technology with global expertise to solve any real estate challenge. of local multifamily units sold in 2018 Locally Researched by: Patricia Rogers, Austin Business Journal Jun 21, 2019,. Multifamily investors venture into fringe locations, Multi-housing Seven Multifamily Properties Totaling 1,162 Units Located Across D/FW Sold by Silva Multifamily Team for Over $120MM. Strategically manage critical lease events and terms. Developers are planning for a high-tech future that requires greater flexibility. We are your strategic partner, your advocate, and the team who won't settle for anything less than the highest possible results. Visit Crexi.com to read property details & contact the listing broker. Pat is the only person in Colliers to win all three of these awards. Ranked at the top of the industry, our clients know us for our "higher caliber of service and results.". 1998-2001 Senior Vice President, Investment Sales for Pinnacle Realty Management Company, South Central Region multifamily brokerage division. Find out how we create brighter ways of working with our partners around the globe. In our 2022 ranking of top multifamily mortgage banking and brokerage firms, CBRE is in first place, boasting $67.9 billion in total originations during the year ending in Septemberan increase of more than two-thirds compared to the previous year. Browse properties for sale or lease that fit your location and unique needs. Combined with extensive research and financial modeling, we have developed a database of investors and blended our extensive marketing efforts to maximize value to our clients. Overall, we were very pleased with the flawless execution and quality buyer that brought us to the top end of our range. You'll find that we are tenacious workhorses known for consistently achieving our client's objectives and developing out-of-the-box custom solutions. What is your DFW apartment worth? The U.S. median price per unit fell 0.4% over the quarter from $191,406 in Q4 2021 to $190,614 in Q1 2022. Find out how we use technology & expertise to create a brighter future for all. Find out how we offer brighter ways of thinking across the globe for our colleagues, clients and communities. The Multifamily Division leverages the vast array of services at Henry S. Miller Brokerage, LLC including Appraisal and Consulting, Investment Banking, Property Management, Asset Management, Advisory Services and more to create value added services for our clients. Leverage best-practices, procedures and technology to achieve operational excellence. Henry S. Millers Multifamily Division specializes in representing both buyers and seller of multi-family properties and in some instances, senior housing facilities. JLL Capital Markets closed the $32.125M construction financing for the development of The Virginia, a multi-housing community in Seguin, Texas. He specializes in multifamily assets with an emphasis on properties within Texas and the Southern United States. Named 1999 3rd Top Producer Nationally for achieving $240,000,000 in Annual Sales. Demand Grows for Sites Viewed As Critical to Supply Chain. Explore investment sales, advisory, and financing for all commercial property types. Identify the right market and property in which to invest, driven by your vision, and current and predictive multifamily trends. This website uses cookies to improve your experience while you navigate through the website. Agency/GSE lending and loan servicing are performed by JLL Real Estate Capital, LLC, a wholly owned indirect subsidiary of Jones Lang LaSalle. The outlook for 2022 points to another strong year in DFW for multifamily rents, occupancy, construction and investment, experts in the industry say. Connect to Deal Flow, connect to the world. Service and results are our pillars, but trust is our foundation. To see which cookies we use please refer to our Cookie Settings. Our global tool Valorem enables you to digitally manage your valuations and portfolio assets by harnessing the power of real-time property and data analytics. Each of our 20 top multifamily lenders reported an increase in total originations, comparing the 12 months ending in September 2021 to the same period the year before. Real Estate Investment Services | ACR Multifamily | Austin Real Estate Investment Services Learn More Headquartered in Austin, we specialize in the marketing & sale of apartment properties throughout the state of Texas. apartment valuation services, market research, debt and equity financing. Toll Brothers JV Breaks Ground on $50M Dallas-Area Project Santander provided a construction loan for the project. Explore our annual report and latest corporate information. We provide broker services as G.R.E.A., multifamily brokers who have been buying and selling multi-housing real estate in Dallas / Fort Worth and North Texas for over 25 years, maintaining trusted relationships that provides investors with inside knowledge of apartments for sale, on and off-market. In that role, his responsibilities included underwriting and market analysis for both existing and to-be-built acquisitions and dispositions. The team is headed by an experienced professional who is dedicated throughout the entire acquisition process including research, brokerage, value analysis, deal strategy and structure, industry communications, financing and investment banking and contract negotiations. Texas recorded the largest quarterly decrease of 22.5%. With over 10,000 experts across the globe, we're ready to help you buy, build, occupy, and invest in commercial real estate assets. In 2004, he was chosen by Colliersas the Tom Richardson Award recipient, an honor based on strength of character. RREAF Holdings recently acquired nearly 3,300 acres in Midlothian, a southern suburb of Dallas, for the development of a master-planned community that will offer single-family homes, townhouses,. Explore how we help our clients achieve their multifamily investment goals. DFW Multifamily Brokers is a correspondent of Greystone Multifamily Real Estate Finance, a top-rated Agency lender for multifamily apatments, LIHTC, Affordable Housing, and Senior Healthcare. In addition to our relationships with correspondent life companies and institutional lenders, our fully integrated platform provides seamless access to Fannie Mae, Freddie Mac and FHA financing programs. JLL Capital Markets closed the sale of Urbana Court, a multi-housing community located in the Twin Cities medical alley in Brooklyn Park, Minnesota. Leverage our deep relationships with global capital sources to fulfill your financing needs. Our services include financial analysis, cash flow projections, acquisitions, dispositions, and other advisory capabilities. By working with rental housing and service associations on advocacy and service at the industry level to preserve the rights of landlords, we add value to the industry, and by extension, the individual investor. From there learning commercial real estate and bringing the best marketing practices to the CRE realm has been her focus.In 2010 that boutique firm merged with Colliers' Houston office where Crissy was promoted to marketing director, now chief marketing officer, and hasbeen responsible for the organization's marketing efforts. 9. Bob is a Licensed Real Estate Broker with a Series 7 License. He works with an exclusive list of clients to execute apartment sales across Greater Houston, creating portfolio expansions and value-add investment opportunities for innovative and senior buyers. Pat has more than 37years of experience in commercial real estate as a producing broker, educator, sales manager and managing broker. The case study combined the marketing and financial concepts taught by CCIM to allow the students to apply the material to a simulated commercial property disposition. Bank of America and Wells Fargo were the top commercial/multifamily originators in 2008, according to a set of listings released today by the Mortgage Bankers Association (MBA). To contact a multifamily advisor, please click on one of the contacts listed above or visit the professionals tab. In 1971, Marcus & Millichap was founded on a unique set of principles The Dallas office also provides investment real estate financing through Marcus & Millichap Capital Corporation financing experts located in the office. Bob is a Senior Vice President within Colliers Houston office and a director of Multifamily Investment Properties. That's because we take a "big picture" advisory approach to ensure that, beyond the deal at hand, we're helping you to make smart decisions for your portfolio and build long-term real estate wealth. Marcus & Millichap Brokers Three-Property Multifamily Portfolio Sale in Dallas-Fort Worth. They are great to work with and we look forward to working with them again., Joey worked diligently to forward the progress of our deal, ensuring all questions were answered and all documents were received in a timely manner. Find and connect with the 19 Best Real Estate Agents in Austin. With changing consumer delivery needs, multifamily owners and apartment buildings should consider cold storage space in lobbies, according to JLLs Peter Kroner. When it comes to what matters mostgetting the deal done and meeting your bottom line we bring the necessary combination of local expertise and national resources, technical skill and creative flexibility. Marketer of the Year, partaking in Fort Bend's Leadership Class program, being recognized as a local Top 40 Under 40, and taking home awards for Best Market Intelligence and Driving Business Efficiencies & Effectiveness. Lee & Associates Multifamily division is comprised of a top-tier team of highly specialized brokers. We provide brokerage services under G.R.E.A., one of the most active multifamily brokers in DFW. Improve value through positioning, marketing and leasing of vacant space in owned assets. Does Commercial Real Estate Pose a Risk to Banks? is one of the few companies in Dallas that provides end-to-end brokerage services under one roof including. Find experts ready to help solve your commercial real estate challenges. Twelve - 2 bedroom one baths and One 1 bedroom one bath unit. Thank you!, Will Balthropes national relationships with major institutional investors, coupled with the IPA national platform, resulted in the successful sale of The Residence Waterstone in Baltimore, Maryland, and helped us meet all of our objectives., Congratulations on a well-executed task of marketing the property. Learn more about working at JLL. We provide FREE multifamily BOV / Broker Opinion of Value appraisal services with no commitment. We provide multifamily sales and services as G.R.E.A. If you invest in North Texas and want multifamily deal flow, give us your criteria and well flip you deals the same day. We can help you with multifamily brokerage. ", Will, you said you would deliver great results, and you really did. International investment in U.S. multifamily assets in H2 2020 fell by just 5% year-over-year to $5.7 billion, despite continued COVID-19 international travel restrictions and market uncertainty. Over the course his career, Bob has been involved in all aspects of income-producing properties including the management, syndication, rehabilitation, purchase and sale of multifamily developments. JLL arranges $290M refinancing for Whole Foods- and Target-anchored retail center. Our Brokers work in-person, in-concert, sharing ideas, data and decisions that could affect the transaction. 1993-1996 Joined Camden Property Trust, the nations 4th largest apartment REIT, as Acquisitions Analyst. Multi-Family Loans Business Description Gracie Morrow is a mortgage broker at Thrive Mortgage, a full-service mortgage financing company that serves clients in Dallas and nearby localities. Unbiased management combined with the latest technology, global research and sourcing and procurement. You can also read our other Top Mortgage Banks rankings. He has been an instructor for NACOREs (now CORENET) Intermediate Finance Course and was awarded the Top-Rated Faculty Certificate in 2000. Jims primarily focus is on multifamily investment services and capital markets. The list tracks client deals in the Austin area handled the local brokerage operations.. These cookies will be stored in your browser only with your consent. Crissyearnedthe Commercial Property Marketing Certification (CPMC) from Colliers University. Before entering the real estate world, Jaleel completed his masters degree at Georgetown University in Sports Industry Management and earned a Bachelor of Arts in Business Administration from Furman University. Al Silva and Ford Braly Named Top Brokers by D Magazine for 2022. We also use third-party cookies that help us analyze and understand how you use this website. Multifamily Brokers in Dallas Our apartment brokerage services provides multifamily investors with a single-source solution by integrating Underwriters, Marketers, and Lending experts with one of the largest apartment sales teams in DFW. Find an expert unique to your industry or business objectives. Las Vegas Convention Center, Las Vegas, NV, Texas Real Estate Commission Consumer Protection Notice, Texas Real Estate Commission Information About Brokerage Service. Trust is key. Occupancy remained steady over the quarter at 91.5% and increased over the year from 88.8% in Q1 2021 to 91.5% in Q1 2022. In January of 2020, she became a principal of the firm.Some of Crissy'scareer highlights include being named Colliers U.S. In 2003, Pat was awarded Colliers Manager of the Year. CPMC isthe first and only accreditationfor commercial real estate marketing professionals. Proven performance. That's why we represent our clients like family, with honest analyses and zero ego. DFW Multifamily Brokers publish comprehensive Dallas Fort Worth Multifamily Market Reports that help multihousing investors mitigate risks and close more deals, faster. Perseverance paid off on this deal. Pat is the managing directorof brokerage services in Houston for Colliers. the highest results. Our mission is to generate, maintain, increase the value and maximize the profitability of our clients multifamily investment or portfolio. We attract, develop, and retain talent by creating a diverse and inclusive culture where everyone can succeed. Accelerate your journey to become a more sustainable, more resilient, more responsible enterprise with sustainability solutions from JLL. I would recommend your firm to anyone., Will Balthrope and his team have sold five new construction, Class A assets totaling approximately $200 million across the state of Texas for Koontz McCombs. ", We have been on both sides of the fence with IPA. Find valuable services to support your business at every stage of your journey. With experience working on everything from large, complex portfolios to small private capital assignments, we understand how to provide clear advice that creates value and delivers results. We are commercial mortgage brokers focused on providing the best commercial mortgage financing solutions for each deal and every client. Your knowledge, expertise and professionalism were an appreciated guiding light throughout our successful property acquisition. IPA Texas is built on more than 50 years of experience and more than $20 billion of apartment assets sold. Pat started his career as Director of Marketing for a real estate data base company where he spent three years interviewing top brokerage houses throughout the United States and assisted in their automation needs as a consultant and instructor.