by Jon Tehrani
National data indicate ownership rates for L.L.C.s and L.P.s are on the rise. According to a recent report1 in the New York Times, approximately 9% of single-family home sales in 2017 were to L.L.C.s (double the amount from a decade ago) and as of 2015, L.L.C.s and L.P.s owned about ⅓ of all rental properties on the market.
FixList was founded in 2015 to help get vacant properties fixed up and back into productive use.
We’ve learned a great deal over the last two years, working with large for-profit investors, individual developers, non-profits supporting more affordable housing in their communities. Through all of this we’ve discovered that as a company we are capable of contributing to the real estate and financial industry in so more ways than we initially imagined.
12 Apr 2018
By Stacey Mosley & Jon Tehrani
Mayor Kenney’s suggestion to raise property taxes (for what would be the 5th time in 10 years) during his annual budget address a few weeks ago added fuel to the number of conversations and speculation about the future of the city’s 10 year tax abatement program.
29 Jan 2018
A sharp contrast has emerged in year over year growth.
2017 was a year of making the seemingly impossible, possible in Philadelphia. Lost amidst major wins, however, was a significant slowdown of the pace of growth in new construction year-over-year. Let’s dive into the numbers.
29 Aug 2017
Pictured: The Green Line Cafe, A Storefront Improvement Program Beneficiary - Image Source: The Green Line Cafe
Written by: Jon Tehrani
Do more with less. But how?
From small groups of neighbors to community development corporations with multi-million dollar budgets, civic focused non-profit organizations run the gamut of size, capacity, and purpose. While these entities can be quite different, they all face similar challenges of understanding and supporting their ever-changing service areas and constituents.
If you recently asked yourself one of the following questions, then this post is for you: