Everything we do is underpinned by proprietary analytical tools and methodologies – then battletested by an in-house team of research analysts and real estate capital market experts. We believe that this combination provides Amherst Capital with an information advantage and differentiated perspective into the fundamentals driving performance.
An update on institutional single-family rental activity – 2017/2018 U.S. market trends support long-term growth & opportunity
Commentary – April 2018Click Here to Download
In 2017, the single-family rental (“SFR”) asset class made further progress towards being widely-recognized as an institutional investment – some of the key takeaways and market trends addressed in our commentary article include: o Increasing capital flows o Consolidation across large institutional owners o GSEs launch pilot deals backing SFR
‘Retail Apocalypse’ wreaking havoc on shopping mall across the U.S. – but which malls fail is no surprise
Commentary - March 2018Click Here to Download
Retail malls have seen significant distress from store closures as part of the ‘Retail Apocalypse.’ However, which malls fail is not random – in this article, we examine the viability of malls nationwide. When evaluating U.S. cities with more than 10 retail malls, we found that San Francisco, Chicago, New York City, Seattle and Dallas to be the “strongest” cities for malls. The weakest cities: Orlando, Las Vegas, Charlotte, Tampa and San Bernardino.
Single-family housing supply tightest in 20 years, expected to get worse
Commentary - February 2018Click Here to Download
Single-family housing shortage has led to the tightest months supply since 1999. Adding to the shortage, new construction has failed to rebound post GFC. In this article, we find that demographic trends based on stages of life among millennials who are living longer and likely to downsize later, will likely worsen this shortage in the coming years.
“Why 'build to rent' is having its moment”
Asset Securitization Report - February 2018Read More
The ranks of renters have swollen since the financial crisis, but there are few foreclosed homes left to pick up on the cheap and rent out. So some of the biggest landlords are buying, or building, new single-family homes to pad their portfolios.
“Here’s what the $10M-$20M investment sales market looked like last week”
The Real Deal New York - February 2018Read More
Michael Shah’s Delshah Capital acquired an apartment building on the Lower East Side from investor Michelle Goldstein for $18.9 million. The property, at 138-140 Ludlow Street, is a six-story building with 27 apartments and two commercial units. Delshah is financing the purchase with a $14 million mortgage from Amherst Capital Management.
“Brace for an even hotter housing market if Austin lands Amazon HQ2”
Austin CultureMap - January 2018Read More
If Austin scores Amazon’s $5 billion second headquarters, we should brace ourselves for a hotter — and costlier — market for single-family homes. A new report from Amherst Capital Management LLC, a real estate investment firm, forecasts demand for single-family homes in the Austin metro area would jump by 13 percent if Amazon picks our region for the e-commerce giant’s so-called HQ2 project. By comparison, demand would inch up by just 4 percent if Dallas gains HQ2.
HQ2’s Prime Effect on Local Housing Markets
Commentary - January 2018Click Here to Download
Amazon, Inc. – which is looking to build a second headquarters (HQ2) – announced the 20 finalist markets on January 18, 2018. Amazon’s decision carries with it fascinating economic implications, as the company claims its HQ2 will bring 50,000 jobs to the selected area.
"Amherst: Amazon’s HQ2 choice to drive local housing demand up to 25%”
HousingWire. – January 2018Read More
Real estate investment firm Amherst Capital Management released market commentary on Wednesday outlining the potential impact Amazon’s second headquarters could have on the already hot housing markets of the 20 cities being eyed by the ecommerce giant.
"Transforming real estate investing with data, analytics and innovative technology"
Institutional Real Estate, Inc. – February 2018Click Here to Download
Recently, Jonathan A. Schein, managing director of global business development at Institutional Real Estate, Inc., spoke with Sean Dobson, chief executive officer and chief investment officer of Amherst Capital Management LLC (Amherst Capital). Sean also serves as chair and chief executive officer of Amherst Holdings (Amherst). The following is an excerpt of that conversation.
2018 Market Outlook - U.S. Real Estate
Market Update - December 2017Click Here to Download
This paper examines real estate market fundamentals and four key themes to watch in 2018.
1. Provided through a consulting agreement with Amherst Capital