Month: March 2020

Economic Outlook: Who’s Buying and Selling Homes in the D.C. Area?

How does the Washington, D.C. area compare to national figures on homebuyers? This post takes a look at the housing market in both the District of Columbia and Montgomery County.

How to Manage Social Distancing at Apartment Communities

I’ve never heard the term “social distancing” before, but now it’s everywhere. And its practice is critical to slow the spread of coronavirus. Where I am in New Jersey, schools are closed (I’ve already let Professor Elmo teach my 3 year old today), and no one is supposed to have large gatherings. Nationally, sports are…
Read more

Housing Affordability in January 2020

At the national level, housing affordability conditions improved in January 2020 compared to last a year ago and rose compared to December 2019.

FCP Announces $71.1 Million Acquisition of Three Multifamily Communities Totaling 652-Units in Atlanta, Georgia

ATLANTA, GA – FCP announces the $71.1 million acquisition of three apartment communities in Douglasville and Austell, GA in the Atlanta Metro Area. The communities include: Place at Midway, a 200-unit apartment community in Douglasville, GA; Stewart’s Mill, a 188-unit apartment community in Douglasville, GA; Forest Glen, a 264-unit apartment community in Austell, GA. The…
Read more

Where do millennial renters outcompete older generations?

Where do millennial renters outcompete older… Nationwide, 34% of the millennial renters can afford to buy the typical home compared to 40% of Gen X renters. By:  Nadia Evangelou

How to Manage the People Side of the Coronavirus Emergency

I know. I know. If you’re like me you may be tired of hearing about the coronavirus or COVID 19 emergency. You may just want to quarantine yourself for the next 14 days with a case of wine (or your favorite beverage), great food, lots of toilet paper and binge watch ALL of your shows…
Read more

Affirmed Housing Opens Supportive Housing Community at Villas on The Park in Downtown San Jose for Formerly Homeless

SAN DIEGO, CA – Affirmed Housing, People Assisting The Homeless (PATH) Ventures, elected officials, and development partners celebrated the Grand Opening of Villas on the Park in downtown San Jose, CA. The highly anticipated project opening included speakers: Cindy Chavez, Santa Clara County Supervisor; Mayor Sam Liccardo, City of San Jose; Councilmember Raul Peralez, City…
Read more

NAR Flash Survey: Commercial Economic Pulse

The report looks at the effects on leasing, purchasing, and building practices such as offering more hand-sanitizer or requiring more frequent cleaning.

Survey Finds Nearly 1 in 4 Home Sellers Changed How Their Home is Viewed on the Market Due to Coronavirus Outbreak

The changes include stopping open houses, requiring potential buyers to wash their hands or use hand sanitizer, asking buyers to remove shoes or wear footies, or other changes.

29th Street Capital Marks Its 10th Atlanta-Area Acquisition with Knollwood Park Apartment Community in Lawrenceville

LAWRENCEVILLE, GA. – 29th Street Capital (29SC), a privately-held real estate operator, has acquired Knollwood Park Apartment Homes, a 1998 vintage, 142-unit multifamily community located in Lawrenceville, Georgia. 29SC plans to complete full interior renovations, upgrade the amenity spaces and modernize the exterior of the property. We are excited to be growing our portfolio in…
Read more