Tag Archives: boston multifamily

Multifamily transaction volume to hit record levels

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travis2From Travis D’Amato
Senior Vice President, Capital Markets

Everyone’s talking about the Boston apartment market.

Boston sales volume for multifamily product will easily reach record levels this year. The only question is by how much.

The biggest year ever was 2007 with approximately $1.7 billion in volume. Last year we saw $1.4 billion close for the second biggest year ever. Year-to-date 2015 has already hit… Read More

Residential deliveries are peaking

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Travis D'Amato

Travis D’Amato
Senior Vice President, Capital Markets

Boston’s apartment pipeline has been a hot topic in the media lately.

Newly delivered Class A properties are offering one to two months of concessions to maintain their lease-up velocity. Deliveries will peak in 2015 and then inevitably reduce due to rising construction costs and improving condominium economics.

Despite the pipeline, investment sales have set records across all… Read More

Boston Rising: 2015 Capital Markets Perspectives

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Last Thursday marked the release of our Boston Rising: Capital Markets 2015 Boston Perspective. In this year’s Perspective we featured a map of planned or in-process developments in this current cycle that will have a major impact on all sectors of Boston’s real estate economy. With this release we invited investor clients to a breakfast program to showcase some of our findings and excitement surrounding this great city of ours.

The presentation included insights from our JLL professionals… Read More

Boston at front of multifamily wave

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JLL's Travis D'Amato

JLL’s Travis D’Amato

Boston is at the beginning of an unprecedented wave of household formation creating the strongest fundamentals we have seen in over a decade. With just over 4,000 units a year scheduled to deliver through 2016, and over 7,000 renter households being created annually over that same time period, we are not building… Read More

Shift in demographics drives multifamily demand

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Travis D'Amatofrom Travis D’Amato
Senior Vice President, Capital Markets

 

 

Boston is at the tip of an unprecedented demographic shift in the multifamily sector. We are seeing the strongest fundamentals in more than a decade.

With over 4,000 units scheduled for delivery annually through 2015, and more than 7,000 renter households created annually over the same period, we simply aren’t building enough product to meet this… Read More