News & Articles

Christine, Holly, and Clarissa from DRKThe consensus is in: Columbus is still on the rise. DRK property managers Clarissa Dean, Christine Sweat, and Holly Ring give you the scoop on what to expect going into 2020.

Secondary Markets Pic 1 250x166Multifamily investors are on the hunt for the diamond in the rough and, surprisingly, they’ve shifted their efforts toward secondary and tertiary markets. The continued economic boom has seemingly played itself out in primary markets and now it’s time for smaller and mid-sized cities to take the spotlight.

Primary markets are still hot commodities, but the cost of living and operation is becoming an unattractive drag for companies and employees alike. And now this exodus of businesses and workers has caught the wandering eyes of multifamily investors.

main image 250x175We’re currently in the eye of an economic storm, unsure if our investments will make it safely into the new year. The good news is multifamily investments (MFI) are projected to be the guiding light through the uncertainty.

MFI is most likely to survive a potential economic dip compared to other real estate sectors, so it’s considered the safest investment option for 2020.

EB 5 blog 250x166Change can be hard, especially if it’s putting the squeeze on your finances – and the Immigrant Investor Program (EB-5) has been tightening its grip since November with a new set of regulations.

Breaking New Ground

The new EB-5 regulations are the first alterations to the program since its inception in 1990, and the bar is set higher than ever before. The regulations were established by the Department of Homeland Security (DHS) and raise the minimum required monetary commitment in commercial real estate for foreign investors.

main imageCommercial real estate came out swinging in the second half of 2019, surprising many who anticipated the year would bring the end of an upward economic cycle. Last year’s price totals blew past 2018, which was a record-breaking year itself.

The unexpected growth in the latter half of 2019 came as a pleasant surprise to those waiting for the sky to fall on a 2020 recession.

Economic Growth Columbus is currently a buzzing hive of economic growth as the city continues its upward trend, making record-breaking advances.

The unemployment rate reached its lowest point for the first time in nearly two decades this past June at 3.3%. To add to that economic feat, the city’s unemployment rate has consistently dropped since 2011 and stayed under 4% for the last two years.

Two sectors, in particular, seem to be drawing people like moths