Check out our Q1 2021 Newsletter, penned by Founding Partner @erichsussman , for insights on underlying economic and political fundamentals that influence the investment decisions made at Clear Capital.
"The U.S Housing market Is nearly 3.8 Million single family homes short of demand" according to Freddie Mac. This shortage is especially difficult for entry level homes, leading first time home buyers struggling to enter the market.
Fed Governor Christopher Waller states “The economy is ready to rip”. He is expecting to see a 6.5% GDP growth this year, while projecting to see inflation at 2.5% for the upcoming year.
Residential Construction Housing Starts spiked 19.4% month over month in March, the highest since July 2006, signifying good news for Real Estate’s housing shortage.
Check out Clear Capital's 21st Investment Offering: Urban Park Apartments located in the dynamic midtown Phoenix Submarket.
5 Year Project Level Returns : 14.51% IRR, 5.90% Cash on Cash, 1.88x Equity Multiple.
Click here to learn more: http://ow.ly/hxQA50EnQHv
Ended 2020 strong and started 2021 off on the right foot. Clear Capital closed 3 deals within 90 days. Thank you to our investors for helping us make this happen. Looking forward to an incredible year ahead!
Why Arizona? Arizona's job and economic growth forecasts over the next five years are among the best in the U.S. Population growth through 2023 is expected to be the third fastest in the country, as employment growth is expected to be almost as strong.
Be sure to tune into the Western Real Estate Business Webinar on December 1st from 10:00-12:15 MST, where our Acquisitions Manager, Enrique Huerta, along with other industry leaders will discuss the Denver multifamily market.
Event Registration: https://lnkd.in/g62rAhP
Due to Denver’s strong job and population growth, Clear Capital continues to focus on expanding its presence in Denver.
As the office and retail markets continue to struggle during the coronavirus pandemic, investors are turning to stronger-performing assets like multifamily.
Understanding the Differences Between CoC, IRR and Average Annual Return