The recent string of state-level marijuana legalization continues to impact commercial property demand and residential housing decisions throughout the United States.
SUMMERVILLE, SC – American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, has acquired The Tradition at Summerville, a 232-unit multifamily asset in Summerville, South Carolina. The property will undergo a $2.7 million capital improvements project and be renamed The Bryant at Summerville. This is the firm s third acquisition in the…
Read more
I have not written in quite some time, and I have blurbs of ideas saved all over the place. In WordPress drafts, in my Apple notes, written down in notebooks, some saved to memory. All awaiting a moment to sit down and just put my fingers to the keyboard, or even just to recapture the…
Read more
DENVER, CO – CIM Group announced that it has completed construction of Milo, the eight-story, 319-unit apartment community and the second residential phase at 9th & Colorado, a 26-acre urban infill project at the site of the former University of Colorado Health Sciences Center in Denver. Located at 4109 E. 10th Avenue, Milo Is a…
Read more
NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Bureau of Labor Statistics (BLS) report on employment in January 2020.NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Bureau of Labor Statistics (BLS) report on employment in January 2020.
NAR Chief Economist Lawrence Yun gives his instant reaction to the February 7, 2020 jobs report.
NASHVILLE, TN – San Francisco-based real estate firm Hamilton Zanze (HZ) has acquired the Springfield Apartments in Murfreesboro, Tennessee in the Nashville metro area. The transaction closed on January 16th and was the firm’s second acquisition of the year. The 16-building apartment community, located at 3726 Manson Pike, features units averaging 1,013 square feet with…
Read more
Many apartment owners and operators may be leery of offering self-guided tours, but the data indicates prospects want and use them. Intuitively, this makes sense. Self-service has become more and more a part of the consumer experience. Go into a fast-food restaurant and you can order and pay for your meal at a kiosk, and…
Read more
FORT WORTH, TX – Wood Partners, a national leader in multi-family real estate development and acquisition, announced the grand opening of its newest luxury residential community – Alta Champions Circle – in Fort Worth, Texas. Alta Champions Circle stands apart by offering high-end apartments at its premier location, 15848 Championship Parkway, putting residents in close…
Read more
This measure computes how many new permits are issued for every new job for 178 metro areas.
