With Record-Low Unemployment and Wage Growth Driven by the Region’s Strong Economy, Will this Market’s Extended Boom Continue – And, For How Long?
San Francisco’s unemployment rate is 2.4% following years of record growth in the regional technology and healthcare sectors. San Francisco, East Bay and South Bay markets continue to see strong rental demand while other national markets have witnessed a significant softening in luxury/Class-A product. The region, however, is facing challenges and uncertainties, including: a lack of affordable housing, the impact of Proposition 10, availability of debt/equity for new projects and the prospect of a downturn. Following this historic run in macro-economic conditions, for how long can the region’s multifamily market continue to see strong rental demand and under-supply in certain submarkets? Who is investing today, and why? And, at this stage of the cycle, what are the most proactive strategies for the next 1-2 years?
The most active multifamily investors and developers are making plans to attend CAPRE’s Fourth Annual Northern California Apartment Summit, the next installment in The National Multifamily Investment Series, which will be held on September 26 at UCSF Mission Bay Conference Center. Recent speaker additions include: Turner Development Resource Group, Raintree Partners, Nicholas Residential, Ladley Associates, Ascent Multifamily Accounting, Shea Properties, Heckmann Communications, PTLA Real Estate Group.
Who Should Attend & Participate?
* Multifamily developers
* Multifamily investors (high-net worth, private capital, institutional)
* Debt sources
* Equity Sources
* Construction firms
* Property management firms
* Technology firms
* Public sector executives
* Commercial real estate brokers
* Mortgage brokers
“The Northern California Apartment Summit was well-attended with the right people. A full-day summit with valuable information and high-quality networking. I enjoyed attending.” — Thomas Eberhardt, Managing Director, Wells Fargo
For sponsorship/exhibitor information, please contact: