Yardi Matrix released its March report on the multifamily housing market. The report describes a market with healthy year-over-year rent growth and solid occupancy numbers. read more…
Construction Materials Prices Steady in March (Article courtesy of MultiHousing Pro)
The Bureau of Labor Statistics (BLS) released its producer price index report for March, 2019. It showed that overall prices for processed goods for intermediate demand rose by 0.6 percent from February after rising 0.4 percent in January. Energy accounted for 60 percent of the price rise in the latest month. This compares with a 1.9 percent rise in the all-items consumer price index (CPI) for the 12 months ending in March. read more…
Future-Proof Properties (Article courtesy of Commercial Property Executive, Rendering courtesy of Hendel Architects LLP and Volley Studios)
Change often seems to come to real estate at the speed of light. Shifts in work patterns, lifestyle trends and the demands of technology place properties at risk of becoming obsolete. That reality brings the concept of future-proofing to center stage. In some cases, it signifies retrofitting properties for purposes never expected by the original developer; in others, it means designing buildings to accommodate new systems that may not be installed for decades. read more…
Personal Financial Statements
A Personal Financial Statement is a document that details the assets and liabilities of an individual or couple. It also generally includes information regarding the earning power of the individual and questions related to potential debts.
Personal Financial Statements are used to answer a variety of questions by commercial lenders:
If the business cannot pay, can the individual make payments
Are their sources of liquidity that will allow the individual to participate in the business opportunity
Is there other collateral available that could improve the structure of the financing
At AAI Financial, we use Personal Financial Statements to help guide our client borrowers to request the right loan from the right lender for their situation.