USA Overview Douglas S. Culkin, CAE President and CEO, NAA November 04, 2015 Managing Build to Rent/PRS The U.S. Experience.

Slides:



Advertisements
Similar presentations
Owns/ manages income-producing commercial real estate Payout > 90% of Income in Dividend No corporate taxes > 75% of Assets Real Estate >100 Shareholders.
Advertisements

EUROPEAN CAPITAL MARKETS AND INVESTOR INTENTIONS 2014
THINK BIG, START SMALL, ACT NOW! Workshop Are you FIT? Mark Smith, Joanne Scurr – Best Western Kevin Sharp – BWI.
Albert Park Lake & Melbourne City, Australia Presented by Brenda Music: From a Distance by Bette Midler.
Witten Market Advisory Services Market insights for apartment owners, developers, investors and lenders Market-Smart Investment Decisions Advisors October.
Focusing on the Fundamentals Multifamily Real Estate.
Hispanics are a Key Market Driver for Industry Growth “The number of people listening to radio grew by 1.9 million per week in the past year, according.
2014 Profile of International Home Buying Activity Summary of Report at
Presented by Economic and Tax Revenue Outlook Mark Zandi Economy.com, Inc.
Recent Economic and Value Trends for the U.S. Lodging Industry Presented by: Stephen Rushmore, MAI, CHA President and Founder HVS International
CALIFORNIA Region Regional Composite REGIONAL DATA REPORT JAN - JUN 2014 vs
Appraisal Institute State of Atlanta Housing Market.
Company and Legal Department Overview David V. Gorsche Assistant General Counsel May 30, 2014.
Current Market Conditions in the U.S. Office Real Estate Market A Midyear Update July 15, 2008.
Jack Kyser Chief Economic Advisor October 29, nd Annual Visitor Outlook Conference.
Glenn R. Mueller, Ph.D. Johns Hopkins University Real Estate Institute Director, Capital Markets & International Programs & Legg Mason, Inc. Real Estate.
©2014 Lodging Econometrics, Inc. |
Rosen Consulting Group Real GDP Growth. Rosen Consulting Group U.S. Employment Growth.
Rosen Consulting Group Employment California Million.
Rosen Consulting Group Real GDP Growth. Rosen Consulting Group U.S. Employment Growth.
2012 REALTORS ® Conference & Expo Global Business & Alliances Orlando.
Presented by © 2004 Economy.com Slide 1 The Economic Outlook Mark Zandi Chief Economist.
REIA November 2011 Institutional Investment Outlook 1.
The immigration policy of the United States of America Done by: Farangiskhon Ahrory.
University of Denver Dividend Capital Research
CAR Commercial Forum Meeting – September 2013 (Chicago Metro) Robert Carrillo September2013.
Emerging Trends in Real Estate 2014 Highly regarded and widely read 35th annual outlook Based on over 1,000 interviews and surveys of industry leaders.
July 21, 2009 LATIN AMERICA TRADE MARKET OVERVIEW.
Welcome. The Goal meaningful and enduring technology company.
Economic and Commercial Real Estate Outlook Lawrence Yun, Ph.D. Chief Economist NATIONAL ASSOCIATION OF REALTORS ® Presentation at NAR Annual Conference.
An overview of prepared for A D V I S O R Y G R O U P World Services Group, Inc. May, 2004 U.S. Economy & Commercial Real Estate Investment Market.
Presented by: Jim Diffley Phil Hopkins Jeannine Cataldi US Regional Services January 21, 2003 Regional Housing Outlook: Prices, Affordability, Construction.
AGA 2013 Sectional Leadership Meeting Los Angeles, California April 18 –
Spanish Spanish originally comes from what country and continent?
Peaking phase Falling phase Rising phase Bottoming phase Q U.S. office clock (overall) Source: Jones Lang LaSalle Los Angeles, Miami Dallas, San.
BROOKINGS INSTITUTION CENTER ON URBAN AND METROPOLITAN POLICY Center on Urban and Metropolitan Policy Audrey Singer, Visiting Fellow The Brookings Institution.
ABC Computer Education Co. Annual Report Tops in Training! Tops in Training!
M E T R O G R E E N J O B S R E P O R T THE UNITED STATES CONFERENCE OF MAYORS CLIMATE PROTECTION CENTER M E T R O G R E E N J O B S R.
Growth Solutions Strategies and Asset Classes Well-Positioned for Capital Appreciation.
1 Announcing … Global broadband subscribers to 30 June 2005 Total: 176 million 115 million * 65% * choose DSL.
Business Realities in South East Europe Andrej Vizjak, A.T. Kearney Eastern Europe Iztok Seljak, Hidria Slovenia Pandeli Garo, DDB Rosldwide Communication.
The CHRO Network. 2 Goals of Engaging Senior Executives We are engaging senior HR executives with one another and with SHRM to: > Build their peer networks.
I can add multi-digit numbers using an open number line. Graphics:
C. Michael Kamm, CEO Cassidy Turley | Northern California Bay Area Suburban Office/R&D Market Overview.
Marcus & Millichap Los Angeles Market Trends The Most Informative Overview of the Real Estate Market 2011.
2012 House Results Map Updated November 12, 2012 Producer: Jenna Fugate Director: Jessica Guzik.
September ,000 Homes Sold In ,000 Homes Sold in SmartNumbers Predicts Normal Market Should Be 80,000 – 85,000 Sales. Expect To.
Institute for Urban Policy and Research Analysis, Professor Tang November 19, 2013 Ryan Robinson City Demographer Planning & Development Review Department.
The most valuable natural resource in the 21st century is brains. Forbes Magazine Revision
There is a Difference. Wading Through Deep Water: Turmoil in the Economy and Capital Markets Western States Commercial Real Estate Finance Mary K. Ludgin,
Economic and Commercial Real Estate Outlook By Lawrence Yun, Ph.D. Chief Economist, National Association of REALTORS ® Presentation at NAR Annual Meetings.
Author - Topic - Date of Production. 2 May 15, 2002 McGraw-Hill Construction Confidential 2003 California Construction Forecast McGraw-Hill Construction/Dodge.
GDP that is measured at current prices is called GDP that has been adjusted for any price changes over time is called Let’s see how it works through one.
TODAY’S REALTORS®: REAL ESTATE AMBASSADORS TO FOREIGN BUYERS Highlights from The 2008 National Association of REALTORS ® Profile of International Home.
1 National Labor and Management Conference 2016 Intercontinental Real Estate Corporation 1270 Soldiers Field Road Boston, MA Tel:
1. Housing Market Fundamentals & Trends in Seniors Housing National Review and Outlook Chuck Harry, Director of Research & Analysis, NIC Metropolitan.
US Commercial Real Estate Capital Market Conditions Mike Fusek, CCIM September 30, 2011 RCAnalytics.com.
The US in 1900 and today Jan 19, Population million Foreign born 7.4% Black 11.5% Hispanic ? Under 1840% Over 654% Married (age 18+)(60%)
SELF STORAGE 2017 MARKET REPORT
Charlotte Regional Partnership
Global Market Environment
Triad Apartment Market
Tracking Global Real Estate Capital Executive Managing Director
2016 Elections on the Real Estate Industry Richard A. Hanson
Identifying Regional IP Clusters 3D Printing Case Study
Global Business & Alliances
Globalization of Our Industry
Appraisal Institute Conditions of the Chicago Real Estate Market
TODAY’S REALTORS®: REAL ESTATE AMBASSADORS TO FOREIGN BUYERS
RRA introduction 14th July 2016 Prepared by: Puneet Kalra.
Presentation transcript:

USA Overview Douglas S. Culkin, CAE President and CEO, NAA November 04, 2015 Managing Build to Rent/PRS The U.S. Experience

Annual Rent Growth for New Residents by Region for Year Ending in Q METROCURRENT RENT GROWTH YEAR-AGO RENT GROWTH West8.4%5.4% South4.7%2.9% Northeast4.5%2.3% Midwest3.6%2.4% Source: MPF Research

Leaders in Annual Rent Growth for New Residents for Year Ending Q RANKMETRORENT GROWTH 1Portland14.3% 2Oakland12.1% 3San Francisco11.7% 4Denver-Boulder10.1% 5Sacramento9.9% 6San Jose9.7% 7San Diego8.6% 8 (tie)Atlanta8.3% 8 (tie)Seattle-Tacoma8.3% 10Nashville7.9% 11Phoenix7.6% 12 (tie)Charlotte7.3% 12 (tie)Fort Worth7.3% 14 (tie)Los Angeles7.0% 14 (tie)Orlando7.0% Source: MPF Research

Quarterly Volume & Cap Rate Trends Cap Rates and Mortgage Rates Source: Real Capital Analytics

Transaction Volume Source: Real Capital Analytics

Apartment Lender Composition Source: Real Capital Analytics

Price Per Unit: Mid/High-Rise Source: Real Capital Analytics

Price Per Unit: Garden Source: Real Capital Analytics

Investments in the U.S. Over 10 Years Source: Real Capital Analytics CountryNumber of Properties Total Volume in Millions Canada701$21,404.8 Switzerland66$4,527.2 Israel154$3,980.3 UK129$3,219.3 Australia155$2,326.1 Netherlands72$2,1260 Bahrain37$1,354.4 Kuwait18$1,336.8 China39$1,242.1 Other255$6,661.2 Total1,626$48,178.4 MarketNumber of Properties Total Volume in Millions Manhattan121$9,809.3 Dallas129$2,755.6 Houston123$2,639.4 Atlanta100$2,305.5 Phoenix147$2,157.5 D.C.-VA suburbs18$1,573.9 Los Angeles30$1,384.6 Raleigh-Durham42$1,339.0 Chicago19$1,225.2 Other897$22,988.3 Total$48,178.4 Top Origins of Capital Top Market Destinations

Investments From U.S. to Europe Over 10 Years Source: Real Capital Analytics MarketNumber of Properties Total Volume in Millions London42$3,551.3 Dresden7$1,323.4 Madrid82$1,050.1 Berlin128$866.1 Moscow2$643.0 Dublin11$379.9 East Midlands Other7$353.3 Amsterdam27$293.2 South West Other6$266.7 Other603$12,026.3 Total915$20,753.4 U.S. Investments to Europe