Investor Dashboard
Our mission is to provide the highest level of personalized service and attention to our clients, by leveraging a combination of institutional experience and intimate local knowledge.
Data below are provided quarterly from a combination of publicly available as well as proprietary resources.
Data updated January 2021 with the latest releases available.
Market Overview Consultation
Call now to schedule an indepth conversation on market conditions, and the current investment climate for your asset.
Economic Drivers
| Jobs as of November 2020 | 741,584 |
| Job Growth as of November 2020 (YoY) | -3.8% |
| Unemployment Rate as of November 2020 (YoY) | 5.2% |
| MSA Population 2020 | 1,793,679 |
| MSA Population Growth | 1.59% |
Market Fundamentals
| Inventory | 95,172 units |
| Occupancy | 92.5% |
| Average Rent | $1.17 psf |
| Rent Growth | 3.3% |
| Projected Rent Growth | 2.3% |
| Inventory | 97,201,543 SF |
| Occupancy | 94.8% |
| Average Rent | $18.14 |
| Rent Growth | 1.0% |
| Projected Rent Growth | -1.1% |
| Inventory | 65,716,619 SF |
| Occupancy | 91.8% |
| Average Rent | $22.55 |
| Rent Growth | 2.2% |
| Projected Rent Growth | 1.8% |
| Inventory | 144,153,921 SF |
| Occupancy | 94.6% |
| Average Rent | $5.21 |
| Rent Growth | 0.0% |
| Projected Rent Growth | -2.1% |
Labor & Development Costs
| All in cost per unit/sf | $175K to $195K per unit |
| Land cost per unif/sf | $10K – $25K per unit |
| Return on Cost % | 6.25% – 6.75% |
| Projected Absorption | 20 units per month |
| All in cost per unit/sf | $238 psf |
| Land cost per unit/sf | $ |
| Return on Cost % | 12 |
| Projected Absorption | 12 |
| All in cost per unit/sf | 12 |
| Land cost per unif/sf | 12 |
| Return on Cost % | 12 |
| Projected Absorption | 12 |
| All in cost per unit/sf | 12 |
| Land cost per unif/sf | 12 |
| Return on Cost % | 12 |
| Projected Absorption | 12 |
Investment Return Metrics
| Cap Rates | |
| Market Cap Rate | 5.3% |
| Average Price Per Unit | $140,300 |
| 12 Month Sales Volume | $1.5B |
| Internal Rate of Return | |
| Levered | 11% – 14% |
| Unlevered | 7% – 9% |
| Inventory | 12 |
| Occupancy | 12 |
| Average Rent | 12 |
| Rent Growth | 12 |
| Projected Rent Growth | 12 |
| Inventory | 12 |
| Occupancy | 12 |
| Average Rent | 12 |
| Rent Growth | 12 |
| Projected Rent Growth | 12 |
| Inventory | 12 |
| Occupancy | 12 |
| Average Rent | 12 |
| Rent Growth | 12 |
| Projected Rent Growth | 12 |
