Tag Archives: travis d’amato

Cautious optimism as Boston remains among country’s top multifamily markets

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From Travis D’Amato & Michael Coyne
Managing Directors, Multifamily Capital Markets

Boston continues to benefit from an unprecedented demographic wave and the strongest multifamily fundamentals we have seen in over a decade. With just under 5,000 units a year on average scheduled to deliver in Metro Boston through 2019 and over 8,200 households being created annually over that same time period, we are still not building enough units to meet this wave of demand.

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$1 Billion and counting: JLL’s Multifamily sales team sets new record

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2016 was an historic year for the JLL Boston Multifamily sales team, who eclipsed the $1 billion sales mark for the first time ever. The record-breaking success was driven in large part by the $215 million sale of Hanover CambridgePark, the largest single apartment sale in Boston’s history, and the $187 million sale of The Victor. We recently sat down with the leaders of the team, Travis D’Amato and Mike Coyne, to dive deeper… Read More

Building the case for more workforce housing in Boston

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D'Amato_Travis_Color_Casual_HiResFrom Travis D’Amato
Managing Director, Multifamily Capital Markets

View Travis D'Amato's profile on LinkedIn

Historically, workforce housing has been hard to define. It’s also been difficult to find here in Boston. In an effort to change both of those things, the ULI Housing and Economic Development Council, co-chaired… Read More

Hard work, an impressive track record and dedication to the community make Travis D’Amato a worthy 40 under 40 honoree

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What JLL Managing Director Travis D’Amato has already accomplished at the young age of 35, some people only hope to accomplish in a lifetime. As one of the co-leaders of JLL’s multifamily sales team, Travis has advised on over $1.5 billion of real estate transactions since joining JLL in 2012. In fact, his… Read More

We’re #1: JLL’s Multifamily sales team reaches new heights

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JLL Boston’s Multifamily sales team was recently ranked #1 in the market by Real Estate Alert with over $400 million in sales in the first half of 2016. A notable achievement in and of itself, the honor is even more significant given that it’s the first time in 10 years a new team has held the position in the Boston market.

JLL’s success was driven in large part by the $215 million sale of Hanover… Read More

Transit-oriented projects help multifamily sales reach record highs

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D'Amato_Travis_Color_Casual_HiResFrom Travis D’Amato
Managing Director, Capital Markets

2015 was a record year for multifamily sales volume, both locally and nationally. Across the US, investors poured nearly $139 billion into residential product, a 31% increase from 2014. In fact, the last quarter of 2015 was the strongest ever recorded, with year-over-year transaction volumes up more than 38% to $46 billion.

In the Metro Boston area alone, multifamily sales volume… Read More

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 $1.6 billion in… 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 classes and geographies.… 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 on the overall… 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 enough units to meet this… Read More