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Evergreen Private Finance Blog

4 Common Questions About Private Lenders

November 17, 2017

Private lenders offer an increasingly popular source of financing for members of our development community. However, there is still a lot of confusion surrounding lenders like Evergreen Private Finance. To help demystify private lenders, we’ve put together concrete answers to four of the most common questions we hear: What is a private lender? Who borrows […]

3 Insights About Successful Home Flipping in D.C.

October 26, 2017

Earlier this year, some big news broke about D.C.’s home flipping market. Real estate firm ATTOM Data Solutions found that D.C. had the fastest-growing home-flipping market in the nation. Year-over-year, the volume of home flips in D.C. grew 32%. This occurred over a 12-month period when the volume of home flips across the nation shrunk […]

Washington, D.C. Metro Area Market Summary: Q3 2017

October 17, 2017

In our quarterly market summaries, we review the most recent available data on the D.C. Metro area’s real estate market performance. We focus on the following metrics: Sales Prices Inventory Property Type Performance Unless otherwise cited, we refer to data compiled by Real Estate Business Intelligence. We will present a summary of the key facts […]

Why Gap Financing Sometimes Fails (And Why We Don’t)

September 19, 2017

How do these gap financing benefits sound? Safe returns Stable returns Returns that beat the market If you’re a skeptical investor, they sound too good to be true. And that’s the right attitude to take. There are a lot of lenders out there. Many of them are actively seeking investors. A lot of them like […]

Can We Deliver Truly “Affordable” Housing in D.C.?

September 13, 2017

D.C.’s broad-based wealth can be a mixed blessing. On the one hand: the more people who benefit from our city’s wealth, the better. No question. On the other hand: our higher median household income creates unintended problems for our city’s lowest-earning residents. Most notably: our definitions of who needs help with “affordable housing” skew high. […]

Is D.C. Wealthier than San Francisco and New York?

September 6, 2017

When you think of wealthy cities—ripe for investment—which come to mind? For most, it will be cities like San Francisco and New York. Big, flashy cities that get a lot of press for their sky-high housing sale prices and huge concentration of wealth. But recent data tells a different story. This data strengthens one of […]

D.C. Development Still Doesn’t Meet Population Growth

August 8, 2017

Washington D.C. continues to grow rapidly. Over the last year, D.C. added 10,793 new residents—enough to rank D.C. among the top 15 fastest-growing cities in the United States. We’re gaining jobs at effectively the same rate. What’s more, our rate of resident employment is skyrocketing. Resident employment in D.C. is increasing four times faster than […]

How’s Our Market Performing? Our 2017 Mid-Year Update

July 21, 2017

In this market outlook we review the most recent available data on the D.C. Metro area’s real estate market performance during the first half of 2017. We focus on the following metrics: Sales Prices Inventory Property Type Performance Area Income & Employment Unless otherwise cited, we refer to data compiled by Real Estate Business Intelligence. […]

An Economic Upswing Has Transformed Washington D.C.

July 14, 2017

We live in a changed city. Our specific demographic data will continue to shift every year. But the major change—D.C.’s transformation into a city of the wealthy—has already happened. Any further shifts will simply make this more and more true. In this article, we’ll discuss this change, its many significant positive implications, and some of […]

New Changes to TOPA: Are They Enough?

June 14, 2017

Last week, the DC Council proposed a new bill that would protect the owners of single-family, owner-occupied homes (with accessory dwellings) from adherence to regulations defined by TOPA (the Tenant Opportunity to Purchase Act). This proposed legislation is a step in the right direction. TOPA—while well-intentioned—has been abused by a growing number of tenants and […]