Matthew McCarthy

Matthew McCarthy

MSRE

Associate

License # BK3223366

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About

Professional Summary

As a licensed Broker and member of the  North Florida Multifamily Investment and Land Services Team, I bring a client focused, value-add approach designed to exceed client expectations.

In this capacity, I am involved  in all aspects of the deal process including client engagement, asset valuation/underwriting, financial modeling, market research, due diligence, property tours and facilitation of client communication. My goal is growing the Multifamily Investment Sales Platform and the Team’s market presence by providing first class services in Jacksonville and tertiary markets throughout  North Florida.

As a Jacksonville resident for over 20 years, I have seen Northeast Florida grow substantially. Working in the real estate industry provides me with an opportunity to assist in that growth. For over 10 years I have assisted owners, investors and developers with the acquisition and disposition of real property.

Accomplishments

Villas Continental (100 units)

Avalon Hill (194 units)

Deerfield (256 units) 

Trillium (256 units)

 

Education

Floirda International University, Master of Science,  International Real Estate 

University of North Florida, Bachelor of Science,  Communications

Licensed Florida Real Estate Broker

Memberships & Involvements

Natioanl Multifamily Housing Council - NMHC

Urban Land Institute - ULI

National Apartment Association - NAA

First Coast Apartment Association - FCAA

 

Services

Skills
Development Consulting, Investment Properties, Land Sales, Residential Development Sales
Property Types
Multifamily
Featured Research
Feb 5, 2020
2019 Q4 Northeast Florida Multifamily Market Report
Multifamily investment sales crossed the billion-dollar mark for the 4th consecutive year in the Jacksonville MSA. Factors such as strong population growth, employment growth, and rising median income levels continue to drive demand. Those factors have made Jacksonville one of the most desirable MSA’s in the country for new Class A development. Over the last 5 years, Jacksonville has seen over 11,000 new units added to the market.
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Aug 8, 2019
2019 Q2 Northeast Florida Multifamily Market Report
After crossing the billion-dollar mark in transaction volume for the 3rd consecutive year in 2018, the Jacksonville multifamily market continues to be one of the highest performing and most sought-after multifamily markets in the US. That success and continued job growth has led to significant developer interest and record setting construction starts over the last two years.
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Featured News
Aug 21, 2019
Jacksonville Sees Record High Occupancy As Construction Of Multifamily Homes Soar
Some 8,200 new multifamily units are under construction in the Jacksonville metro area. Despite all the construction, Jacksonville’s vacancy rate is projected to remain below 5% through 2019. The occupancy rate is currently at a record high of 96.5%, according to a new multifamily housing report out from Colliers International for the second quarter of 2019.
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Aug 8, 2019
Jacksonville's average rent rises 6.3% in just one year
Monthly statistics show Jacksonville’s average rent continues to steadily rise even as the area sees a record amount of multifamily housing construction. RENTCafé reported the average rent rose $64 per month over the past year.
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