Brain Partners

Near Southside Fort Worth - One of the most interesting submarkets in DFW to experience and invest in. Take a look at our new July report: https://lnkd.in/gHNPsnnR Multifamily: Average rents of $1,575 / $1.97 PSF (-4.7% YoY) $216k / unit exit transactions average 3,110 units in-service/reporting 1,192 units planned/CIP 798 average RSF Single Family/Condo/TH: List-to-close -3.45% (-1.11% 12 months ago) 116 sales closed T36 (27 closed T12) Average price $455k / $253 PSF 1,822 average NSF SF 64.7% / condo 23.3% / townhome 12.1%

I always assumed the Fed incorporated economic forecasting into its decisions. This is not the case evidently! Why do they not do this already? Is there a forecasting “framework” that would be rigorous enough for an entity with such weighty responsibilities? Mohamed El-Erian Jay Parsons JP Conklin

Household incomes in the Alliance-Presidio District average over $91,000. And although HUD's Job Proximity for the District is relatively low, it has not stopped home sales with a Jan-over-Jan increase in prices from $171 to $184 / ft. See our March issue of the Alliance-Presidio District for insights into: - Multifamily performance - Apartment development activity - Home sales & new construction volume - Top selling communities - Top alcohol sales - Permits & zoning overview - Schools quality overview - Maps for multifam, business centers, shopping, etc. https://lnkd.in/eB7JxPNA

Evaluating development feasibility is a bit of a narrow path. On the one hand, the need for efficiency in reviewing lots of opportunities. On the other, the need for "enough" diligence to know the merits/risks are worth pursuing. Thus, we developed a few tools to help the right things happen quickly: - Development Model: Get our stage-1 screener model for early feasibility of rental and for-sale projects - Project Risk Scorecard: See & evaluate the elements of project risk - Capital Markets Guide: Intro on how to properly plan capital for real estate Link to the toolkit -> https://lnkd.in/eRujJ8U5

One of the most active and powerful suburban markets in the Dallas-Fort Worth MSA, the Alliance-Presidio District offers development and investment opportunities in big-box retail, storage, Class A office, multifamily, and housing of all kinds. See Brain's report on zoning, development activity, apartment rents, single family sales, and other insights on the Alliance Presidio District in our March report: https://lnkd.in/gqmK8Ve8

"In the Alliance-Presidio District, townhome units overall, comprising 3.8% of the market's inventory, appear to have underperformed year over year relative to standard apartments, though 2-bedroom townhome units in particular saw an increase in rent of 13.6%. Most 2-bedroom flat units remained materially unchanged year over year with the exception of 2x1 units." Find additional insights on multifamily, single family, and retail performance inside our soon to be released report on the Alliance-Presidio District in North Fort Worth. This will be one of several markets with regular coverage from dashboard to asset and unit type level analysis. #fortworth

Shout out to Jon Green, who is not only a great friend but has proven to be the ultimate Swiss Army Knife of digital media imagination and execution. Jon has a remarkably wide range of skills; “Skills that make him a nightmare for problems” like the ones you face in: -Adobe Create Suite (i.e. for newsletters, promotions, imagery, and countless other uses), -web presence/design, -landing page creation, -marketing funnels, -SEO strategy/management, -content creation & process design, -campaign design/execution He is very technical, yet able to originate and develop a mustard-seed vision for all creative needs for either brand, active campaigns, etc.. We look forward to working with Jon on projects in 2024+!

Ever wonder what a highly bankable, investment-worthy real estate strategy looks like? We put together a memo on real estate capital markets philosophy and principles that covers this. Synopsis: 1. Focus on Fundamentals 2. Optionality vs Concentration 3. Risk Mit & Underwriting based on Coherent Investment Objectives 4. Robust Sourcing Program