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Trends In Real Estate Poll Results
November 20, 2014
What is your firm’s primary nature of business activity?
What primary property type(s) does your firm mainly focus on?
For Multifamily Investment Properties, would you Buy, Sell or Hold in 2015?
For Single Family/Residential Investment Properties, would you Buy, Sell or Hold in 2015?
For Hospitality Investment Properties, would you Buy, Sell or Hold in 2015?
For Office Investment Properties, would you Buy, Sell or Hold in 2015?
For Retail Investment Properties, would you Buy, Sell or Hold in 2015?
For Flex/Industrial Investment Properties, would you Buy, Sell or Hold in 2015?
In 2015, how favorable will the market be for Multifamily development?
AVERAGE
3.6
96 Votes Cast
In 2015, how favorable will the market be for Single Family/Residential development?
AVERAGE
3.9
89 Votes Cast
In 2015, how favorable will the market be for Hospitality development?
AVERAGE
4.3
88 Votes Cast
In 2015, how favorable will the market be for Office development?
AVERAGE
4.1
88 Votes Cast
In 2015, how favorable will the market be for Retail development?
AVERAGE
3.1
86 Votes Cast
In 2015, how favorable will the market be for Flex/Industrial development?
AVERAGE
4.3
85 Votes Cast
What Real Estate/Development issues do you expect to impact your business in 2015?
Social Q&A
6 upvotes |
Are there differentials in the single family market between urban, suburban, and ex-urban markets?Answer from ModeratorSince none of our panelists were from the single family side, they were not able to comment on this question. |
31 upvotes |
Todd, How are rising construction costs affecting your development plansAnswer from ModeratorYou have to make sure your underwritten budget. Planning for a longer term cost estimate. Rent growth has kept up with construction costs. |
26 upvotes |
Where is the “bulls eye” for industrial development opportunities in the Charlotte Region and has it moved?Answer from Moderator• #1 Southwest Cht. Near customers, suppliers & population ct. •vacancy is slightly lower in the north submarket (than SW), but fewer available land sites to pursue. • Cabarrus County – due to the infrastructure improvements along I-85 & forthcoming I-485. • Airport Area due to the Intermodal. |
24 upvotes |
When will multi-family development begin to slow? And is it specific to location and type (urban vs suburban)? |
21 upvotes |
Are there good submarkets in Charlotte (outside of uptown) for office investment/development?Answer from ModeratorS. Cht (Midtown, Park Rd, Southpark, Ballantyne) w/ great demand drivers, close to where ppl live. Airport great for suburban w/ large, chunky space & more cost effective. As infrastructure expands (I-485, light/commuter rail), offers more growth north & supports office at major nodes/intersections |
20 upvotes |
When do you expect interest rates to rise? Next 12 months? 18? 24+? Not in foreseeable future?Answer from ModeratorJASON – low longer than most anticipate. |
16 upvotes |
Do you have any concerns about a bubble in the Charlotte office market in the next 3-5 years?Answer from ModeratorJASON-No, so long as the planned development continues to be thoughtful on its timing. BRIAN-Not until someone starts a building that doesn’t rely on solid fundamentals. |
102 upvotes |
How much hiring do you plan to do in 2015?Answer from ModeratorTODD – yes, across the board. Past 3 years was pretty lean. Now we need a larger team to execute projects. Cultivating new talent. Brian – we are growing thoughtfully. Jason – going through a growth spurt at the junior level. Jon – we are looking at even looking at internships too |
10 upvotes |
How does student debt affect the millenials and their real estate uses in the future?Answer from ModeratorBest investment today is education – which was the greatest predictor of employment during the recession. This debt doesn’t just erode the monthly income one could deploy toward housing, it keeps the newly employed grad from saving up for a down payment. |
10 upvotes |
How would you compare the availability of debt capital today versus pre-Recession levels? What about equity capital?Answer from ModeratorMore debt capital now – but rigorous underwriting. Now have to put more equity into all deals. |
10 upvotes |
Are we trying to hard to please the renters by constantly attempting to outdo the current? |