Michael Hamilton @michael____alan
Co-Founder @ Seneca Development Company. Specializing in multifamily, senior care and mixed-use development. senecadevco.com building Portland Joined September 2010-
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Long over due.. but it’s time to buy a Cal Raleigh jersey
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I feel the pain… Thankfully, Portland is voting next month on waiving ALL system development charges for 3 years/5,000 MF units.
I feel the pain… Thankfully, Portland is voting next month on waiving ALL system development charges for 3 years/5,000 MF units.
Our team is encouraged by the positive momentum at the city level, and we believe Portland has a unique opportunity to send a strong message: "we're open for business." bizjournals.com/portland/news/…
I’m curious.. What’s the best city to be investing in real estate (multifamily specific) and 2 reasons why? I’ll go first.. I am biased so I say Portland, OR. Reason 1: Portland's 5-year supply-to-absorption ratio is the lowest in the U.S. Reason 2: Cheapest west coast city…
Again.. welcome to Portland
Again.. welcome to Portland
welcome to Portland
One of the greatest @Seahawks to ever do it!! Grateful for the friendship and even more excited for what you’re going to do next!!! @TDLockett12
Michael Hamilton retweeted
10-Year Treasury down few bps to 4.57% this am. 5-Year @ 4.37%
Introducing Willamette Falls Senior Community. Assisted living is a new venture for us. We're incredibly lucky to collaborate with top-tier operator, Colonial Oaks, to make this project a reality.
Michael Hamilton retweeted
Wild
The truth is… the US government needs rate cuts more than anyone. Over the last year, interest expenses have soared to a record $1.15 trillion, surpassing both defense and health spending by about $300 billion. In just three years, these costs have doubled and are now only…
Did a walk through of our assisted living project today. Vibes were fantastic!
Michael Hamilton retweeted
RT=Vote #ProBowlVote Leonard Williams #ProBowlVote Devon Witherspoon #ProBowlVote DK Metcalf #ProBowlVote Jaxon Smith-Njigba #ProBowlVote Boye Mafe #ProBowlVote Coby Bryant #ProBowlVote Michael Dickson #ProBowlVote Ernest jones #ProBowlVote Riq Woolen #ProBowlVote…
Michael Hamilton retweeted
We have, on several occasions, run numbers on and experimented with, furnished shorter-term rentals in LA. We have never come close to making the numbers work, when properly accounting for turnover costs, additional capex, additional opex, operational complexity, and worse…
Michael Hamilton retweeted
Anyone can have a good 7-10 year run in real estate. Literally anyone. You can make a lot of poor investment decisions and get lucky in the short term. But, you absolutely cannot have a long, successful career if you don’t understand what you are actually doing.
Michael Hamilton retweeted
Michael Hamilton retweeted
Choosing the right architect is make or break for your project. Good architects pay for themselves, while bad ones can cost you far more than you anticipated. Here's how to select the right architect for your project: Step 1: Research Identify 5-10 similar projects within a…
#retwit peeps - I am working on a securing a construction loan ($13.5M) for our 68 unit development. We have a lender that provided an initial term sheet that matches our proceeds and rate. However, they want us to make a $125k deposit to do due diligence and they want a $150k…
My favorite email every Monday comes from @CT_Friedman
My favorite email every Monday comes from @CT_Friedman
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