Month: March 2020

Mission Rock Expands Management Portfolio with 258-Unit Indigo 19 Apartment Community in Virginia Beach, Virginia

VIRGINIA BEACH, VA – Mission Rock Residential, a national multifamily property management company, is further expanding its presence on the eastern seaboard, announcing a new management contract for Indigo 19 Apartments in Virginia Beach, Virginia. The deal marks the addition of the eighth property to Mission Rock’s portfolio in the state of Virginia. “Virginia Beach…
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REALTORS® Confidence Index: February 2020 Highlights

This report presents key results about market transactions from the February 2020 REALTORS® Confidence Index survey.

Can the Glass Be Half-Full with Half or Partial Rent?

  Today’s realities point to a host of uncertainties facing otherwise responsible residents: Will I keep my job? Will my hours be reduced? Will I be able to pay my rent? What you do today will impact cash flow, earnings, and your corporate reputation. As such, it’s critical for property owners and managers to take…
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The Preiss Company Breaks Ground on 433-Bed Signature Student Housing Community with Targeted Fall 2021 Completion Date

CLEMSON, SC – Officials at The Preiss Company (TPCO), one of the nation s largest, privately-held, student housing owner-operators, broke ground on Signature Hartwell Village (SHV). Serving Clemson University, the 433-bed student housing complex has a targeted completion date of August 2021. Along with University Village at Clemson & The Collective at Clemson, Signature Hartwell…
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Using Vacant Malls as Coronavirus Health Care Emergency Armories

Shopping centers, both fully vacant and partially vacant, have close proximity to people, and their large footage can handle large cases as mobile hospital units, emergency mask production, storage of basic goods, etc.

20 for ‘20 – What a Difference a Year Makes!

As many of you will already be aware, we recently published the 2020 edition of our 20 for ’20 white paper.  Just as we did a year ago, we sat down with another 20 senior executives to get their perspectives on the outlook for the immediate future. Of course, the interviews took place before the coronavirus…
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Multifamily Construction Starts Increased Three Percent in February According to Latest and Dodge Data and Analytics Report

HAMILTON, NJ – Total construction starts lost 1% from January to February dropping to a seasonally adjusted annual rate of $767.5 billion. Large projects in the office and healthcare sectors provided a boost for overall nonresidential building, while residential and nonbuilding construction starts moved lower. With only two months of data available for 2020, it…
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Dunross Capital Acquires Two Apartment Communities Totaling 486-Unit in Atlanta Submarket of Decatur, Georgia

ATLANTA, GA – Dunross Capital a New York based real estate investment company announced the acquisition of 250 Unit, Spring Valley Apartments and 236 units at Park at Candler, which is directly across the street. The properties are immediately off Candler road exit on the I-20 corridor and represent the next step in the company’s…
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February 2020 Existing-Home Sales

Housing market activity this February jumped 6.5% from January 2020, and sales of existing homes improved 7.2 % from February 2019.

Do’s and Don’ts for Boosting Morale During Shelter in Place

We’re living through an unprecedented time in modern history. Because of COVID-19, many states are strongly recommending—or even requiring—only essential businesses to stay open and for people to shelter in place and practice social distancing.  This of course is crucial to slow the spread of the virus. But now, people’s nerves are on edge. Plus…
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