St. Bourke, a leading real estate development firm, provides an in-depth analysis of Atlanta's housing market for the first quarter of the year. Despite various challenges, the data reveals a remarkably resilient and robust market, with many key metrics performing above pre-pandemic levels. This is a testament to the enduring demand for housing in the Atlanta area. St. Bourke’s Director of[...]
St. Bourke, an asset management and property development company, weighs in on the state of the Build-to-Rent industry, noting that it is still in its early stages and much remains to be learned about the emerging asset class. Despite some challenges, such as the availability of suitable land, increasing development costs, and the current debt market, St. Bourke remains optimistic[...]
St. Bourke, an asset management and property development company, is excited to announce the appointment of Brad Mills as Manager – Land Disposals. Brad will lead St. Bourke’s disposal management initiatives for its investment clients in his new role. Mills has extensive experience in underwriting, financial modeling and analysis, market research and tracking. He worked with Stolz Partners (formerly SF Capital[...]
St. Bourke, an Atlanta-based asset management and property development company, offers its 2022 Year in Review Atlanta market report. “Activity across Atlanta’s housing market in 2022 largely reflected the nationwide slowdown over the past 12 months as high home prices, construction costs and mortgage rates further eroded affordability and disqualified many homebuyers,” St. Bourke’s Director of Research & Communications Katie Fidler[...]
Millennials and Boomers - Both seek walkability and amenities such as shopping, dining, and entertainment St. Bourke, a leading asset management and property development company, examines the driving forces behind the current housing market. With the company's expertise in developing lots for single-family home builders and designing dynamic communities for sale and rent, St. Bourke has a unique understanding of the market[...]
As we say so long to last year, St. Bourke reflects on a successful year with 2022 in the rearview. Year-end reviews are the perfect time to reflect on the year’s achievements and look toward opportunities for the upcoming year. “St. Bourke has made great strides in 2022. One of our biggest highlights is 3,167 lots in our development pipeline with[...]
Affordability challenges, low inventory, Gwinnett remains HOT! St. Bourke, an Atlanta-based asset management and property development company, offers a Q3 Atlanta housing market overview and a peek at what could lie ahead in 2023. “The St. Bourke team certainly leans towards a ‘glass half full’ mentality when considering Atlanta’s housing market and the broader economy. We are undoubtedly feeling the punch of[...]
Land development takes time. St. Bourke reminds home builders and others that making the decision to delay land development now will only put them behind the curve in 18-24 months when interest rates return to palatable levels and demand rebounds. It takes time to develop a community. While the general expectation is that critical factors like interest rates and available home[...]
Build-to-Rent (BTR) continues to make headlines. NIMBYs (Not in My Backyard) hate it. Investors and renters love it. But why the trend, and what's driving it? St. Bourke, an Atlanta-based asset management and property development company, takes a deeper dive into the driving force behind single-family BTR. Is it Wall Street or Main Street? Build-to-Rent single-family homes is a trend that[...]
Atlanta Housing Market - Increased sales, limited lot supply, Gwinnett is HOT! St. Bourke, an Atlanta-based asset management and property development company, gives a snapshot of the Atlanta housing market at the end of Q2. Economic indicators remain positive; however, home affordability has weakened against inflation, rising interest rates and the threat of recession. Demand is still present, and inventory is[...]