Ellese Symons

This week's blog is a quick check in on commercial real estate investing. 🍕👨‍🚀 https://lnkd.in/g7srnxwt #CEGspaces #CommercialRealEstate #Broker #SDVOSB #veteranowned #WeKnowSpace #commercialproperty #BNI #AbsoluteConnections #CommercialRealEstateBlog #CREblog #commercialrealestateinvesting #pizza #CREinvestments

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Friday Positives (6/7/2024) - "Delirious" - Prince who was born today in 1958 in Minneapolis - Minneapolis was #2 in for rental activity in April with 133% increase in page views, 19% drop in year over year available listings the 5th month as either #1 or #2 in a row (RentCafe) - The Midwest Apartment market has the lowest vacancy rate of the 4 US regions at 5.3% (RealPage) - 17 MN Companies are now on the Fortune 500 list up from 15 last year - 38 of the top 50 companies in MN had revenue over $1 billion ina ll totaling $371.6 billion - MN has 13 dividend king & aristocrat companies that paid shareholders $12.1 billion last year w/ the newest Fastenal taking the place of Walgreens - Our team closed 3 deals last week totaling 165 units - PaR Systems has announced an expansion on their Shoreview campus with the addition of a 110,000 sf building - MN based General Mills has announced they will have deforestation free cereal by 2025 - The MN Vikings made Justin Jefferson the highest paid non QB in NFL history with a 4 year $140 million contract - Mexican's have voted in polls that will likely lead to the first female president in their history - World bike day was 6/3 I have now biked 1,170 miles YTD Have a Great Weekend!

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JUST DROPPED: The Sothebys Realty 2024 Mid-Year # LuxuryOutlook report! The brand’s first-of-its-kind mid-year report delves into the latest forces and trends impacting high-end residential real estate markets across the globe. We know you are eager to make wise financial decisions, and staying informed is key to making that happen. Read the full report at luxuryoutlook.com #sothebysrealty #gibsonsir #real estate #luxury #expertisematters

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CRE market continues to navigate and adjust - by Kristie R. of Colliers - Read More here: https://hubs.la/Q02yYMts0 #NEREJ #commercialrealestate

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https://lnkd.in/g5FKZBbW Join Anne and Chris in this episode of The Apartment Department as they discuss the role of Internet Listing Services in the apartment marketing mix. #apartmentmarketing #multifamilymarketing #datadriven

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April market stats are in! Here's what happened last month in Denver: • 2,791 Homes were sold • The average sale price increased 3.3% over the last month • New listings are up 23.5% from last month and up 27.8% from this time last year DID YOU KNOW…we have access to programs with all the right types of data to support those conversations with your clients? If there’s something you need, chances are we can get it for you…quickly. #realestate #titleinsurance #realtor #colorado #Heritage #HeritageTitle

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NOI is a crucial metric for the multifamily industry. We've got a breakdown of how to calculate Net Operating Income PLUS suggestions for how to improve it in today's rental market.

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Curious about the Fairfield real estate market in 2024? 🏡 Dive into our detailed blog that unpacks current trends, including pricing and market activity! 📊 Whether you're planning to buy or sell, understand what moves Fairfield's market!  💹 #FairfieldTrends #RealEstate2024 #MarketInsight Explore the trends in detail here. ⬇️

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Here is a fun stat supporting the intersection of durability + look and feel + cost as top ranked attributes for flooring materials. Half of high income owner households have dogs and dogs are rough on floors. (see below) Not trying to start a cats vs dogs debate here. Relevant for building product categories: Flooring materials positioned at the intersection of durability + look and feel + cost are expected to take share. Bill Blackstock Elizabeth LaJeunesse #remodeling #housing #jbrec

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A must-read for #multifamily marketers! See what really worked for other properties (with photos and results). Read to the bottom to see 8 lesser-known strategies that work. Bonus points if you know any of the marketers quoted! (We're looking at you, Fogelman Properties.)

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CURRENT TRENDS IN APARTMENT TRANSACTIONS: The volume of transactions was down over 30% in June, continuing the downward trend for this quarter. While values per transaction showed an increase (there were a couple of larger deals), we are still seeing the steady impact of market conditions, the spread between “bid” and “ask”, and lower appetite for acquisitions.

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Did you miss our recent session focusing on multifamily analysis and marketing? If so, no worries! Watch the full recording via the link below: https://lnkd.in/gZNQ9xnu #Webinar #CRE #CommercialRealEstate #Finance #Marketing #Multifamily

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