The Ledger
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Boyd: Seattle Tech Salaries Have Achieved Parity with Silicon Valley
“And that's something we're really excited about as well as the tech presence and the salaries have parity in Seattle to Silicon Valley, which is really attractive to us.”
Boyd: Office and retail properties currently require all-equity financing
“The good news for apartments is we can still get loans. We can get really nice loans still. But if you're in Retail or office. There's just no loan. You've got to do all your deals, all equity, which is pretty wild.”
Boyd: 85% of US Apartment Buildings Are Family-Owned
“Apartments, 85% of the asset class are owned by families, and families have other things going on in their life, especially if they inherited an apartment project.”