Evans Banks Planning Ltd’s Post

What’s happened to the value of Rent Stabilized properties since the passage of the Housing Stability & Tenant Protection Act in 2019? A 28% median decline, with some properties seeing losses of up to 70%, is bad news for the owners of these properties – but the impact to the health of regional banks that have financed these properties is a much bigger concern. Read more in Maverick’s new white paper, now available at https://lnkd.in/eXH3pAT5

What’s wrong with our planning system?…… Here is a real world example - I got this letter at home from the City of Westminsters planning department asking me as a local resident for my views and comments on an application to remove a bank ATM and infil to match existing finishes. This insanity has to stop - it’s regulation and bureaucracy gone made. Rachel Reeve and Angela Raynor have a mountain to climb if they are to get Britain building again. #planning #government #regulation #propertydevelopers #brokers #propertyfinance #developmentfinance

A 28% median decline, with some US properties seeing losses of up to 70%, is negative data for the owners of these properties – the impact to the health of regional banks that have financed these properties is a much bigger concern. Maverick’s new white paper, now available at https://lnkd.in/eXH3pAT5

In this video, I lay out the reasons why we're actively looking to grow - by a lot - our investments in commercial real estate over the next couple of years.

Perth is leading the way in property lending! 🏡 Western Australia saw a massive 39% rise in lending, with investor lending up by 70.5%. Our latest blog dives into the trends, affordability, and expert strategies to navigate this dynamic market. 🌟 Have a read: https://wix.to/BEFpJ1w #newblogpost #RealEstate #PropertyInvestment #DMCPAdvantage

Land banking is extremely advantageous. 🌳 However, once you have a ready, willing, and able buyer who is prepared to pay you *top dollar* (well, pounds), at what that property is worth, you should take that bird in the hand and run. 🏃♂️ Land banking = holding it for future use and making no specific plans for its development. Could you possibly put the money into another property and achieve a greater ROI over time instead of the future ROI of the land? #PropertyAdvisor #Islington #EstateAgent

How are pre-construction buyers coping with lower appraisals at closing (which we're seeing more than we used to)? https://ow.ly/JENv50SHIe2 . . #appraisals #valuations #newconstruction #housing

Willingness to take on higher loan to value ratios, speed of decision making and growing risk aversion among major banks to fund mid-market property development is fuelling the rapid rise of private lending, according to research from Centuria Bass Credit (CBC). The inaugural Centuria Bass Australian Property Development and Finance Index 2024, which surveyed 67 developers, investors, fund managers and brokers, revealed that 70 per cent of respondents had increased their level of private credit over the past five years. Nick Goh, Centuria Bass Joint CEO, said property development debt market share has been shifting over the past decade but now the pace has picked up. David Stone https://lnkd.in/gPvrAPhx #CenturiaBassCredit #Insights #PropertyDevelopment #PropertyNews

𝐓𝐨𝐩 𝟒 𝐑𝐞𝐚𝐬𝐨𝐧𝐬 𝐘𝐨𝐮 𝐒𝐡𝐨𝐮𝐥𝐝 𝐔𝐬𝐞 𝐄𝐚𝐬𝐭𝐞𝐫𝐧 𝐔𝐧𝐢𝐨𝐧 𝐟𝐨𝐫 𝐘𝐨𝐮𝐫 𝐋𝐞𝐧𝐝𝐢𝐧𝐠 𝐍𝐞𝐞𝐝𝐬 💡 𝐈𝐧𝐭𝐞𝐠𝐫𝐢𝐭𝐲 Our team is dedicated to integrity, transparency, and honesty. Every broker at Eastern Union is devoted to the mission: To deliver fantastic loans to our clients while protecting the client’s interests. 💡 𝐅𝐚𝐬𝐭 𝐏𝐫𝐨𝐜𝐜𝐞𝐬𝐬 Our team is dedicated to your deal, and we know what it’s like to wait for answers. We are responsive, connected, and available every step of the process, no matter what is happening. 💡 𝐄𝐱𝐩𝐞𝐫𝐭 𝐀𝐝𝐯𝐢𝐬𝐨𝐫𝐬  Brokers at Eastern Union are encouraged to become masters of their craft. Being subject matter experts ensures that your deal isn’t missing critical components, and allows us to understand your projects on a deeper level. 💡𝐀𝐡𝐞𝐚𝐝 𝐎𝐟 𝐓𝐡𝐞 𝐆𝐚𝐦𝐞 Our team is on top of the trends, and we understand market cycles. We are with you when the game changes, and we are ready for the innovations and change the real estate world throws your way. Wherever your real estate journey takes you, we can help! ☎️ Call me: 202-465-3061 Marc Tropp David Merkin #realestate #commercialrealestate #broker #lending #realestateloan #selfstorage #storage #commercialstorage #investing #commercialinvesting

Real estate appraisals are often based on comparable sales. But what happens when there haven't been any comparable sales in the neighbourhood? https://ow.ly/RqmN50U00pr . . #realestate #valuations #AACI #CRA #comparablesales #comps