Month: April 2020

Downpayment Expectations and Hurdles to Homeownership

This report looks at downpayment expectations from U.S. home buyer households, consumers, and REALTORS®. It examines downpayment amounts, assistance, sources of downpayment, factors holding back savings for a downpayment, and related topics.

Domain Capital Advisors and Simpson Housing Form $1 Billion Multifamily Portfolio Joint Venture with PFA Pension

ATLANTA, GA – Domain Capital Group, LLC, a comprehensive private investment management services firm, announced its subsidiary, Domain Capital Advisors, and Simpson Housing LLLP completed a joint venture with PFA Pension of Copenhagen, Denmark. PFA acquired a 49% equity interest in a 13-asset, Class A multifamily portfolio for an aggregate value of $1.05 billion. Domain…
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Top 5 Advantages A Cloud-Based Property Management Software Brings To Landlords

Most landlords enter the business as a side investment. They often work a nine-to-five and, after saving up money, purchase their first rental property. As their portfolio grows, whether they remain with their day-job or become a full-time landlord, the tax on their time grows too. The greatest benefit of cloud-based property management software is…
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BSR REIT Announces Sale of Three Noncore Apartment Communities Totaling 632-Units in Longview, Texas for $52.5 Million

LITTLE ROCK, AR – BSR Real Estate Investment Trust announced that it has sold three noncore properties, comprising 632 apartment units, as part of the REIT’s portfolio enhancement and capital recycling strategy. All dollar amounts in this news release are denominated in US currency. The following properties were sold in Longview, Texas for gross proceeds…
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2020 Q1 NAR Commercial Survey Shows Early Impact of Coronavirus

Over the next 12 months, we expect the demand for multifamily properties and industrial properties to increase, while the demand (absorption) for retail and office properties will likely decline.

How to Be “Camera-Ready” For Your Virtual Tours

Isn’t it crazy how fast things change? A couple of months ago virtual tours wasn’t on the radar for most people-and right now it’s the main way that most leasing professionals are meeting with prospective residents! For those of you who have dived into this whole virtual selling, I applaud you for taking the plunge!…
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Housing Affordability in February 2020

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

Lloyd Jones Continues Central Florida Expansion with Acquisition of Its Third Multifamily Community in Orlando

ORLANDO, FL – Lloyd Jones, a real estate investment firm based in Miami, has recently acquired a 292-unit apartment community, Avisa Lakes Apartments. Conveniently located in East Orlando, Avisa Lakes is the third property Lloyd Jones owns and operates in the area. Built in the mid-1980s, the property features an all-encompassing amenity package including a…
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Multifamily Downturn Q&A – April 13th, 2020

For the last couple of weeks, we’ve been sharing insights designed to help multifamily companies to steer through the challenging market conditions created by COVID-19. Last week we initiated a weekly roundtable discussion for our clients, a group that includes some of the most experienced pricing and revenue management practitioners in the industry. In this blog,…
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Century Bridge Capital Invests $131 Million in Joint Venture Residential Development Project in Huzhou, China

DALLAS, TX – Century Bridge Capital announced that it has invested in a middle-income, residential project in Huzhou, China. The project will be jointly developed with Redsun Real Estate, a Hong Kong listed developer based in Nanjing. Huzhou is a prefecture city in the northern Zhejiang Province in the Yangtze River Delta. It is known…
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