Month: May 2020

The joblessness rate is certain to be higher next month, but soon afterward it will steadily fall.

PANAMA CITY, FL – Preferred Apartment Communities announced its acquisition of Parkside at the Beach, a 2019 built 288-unit Class A multifamily community located in Panama City Beach, Florida. Jeff Sherman, President of Multifamily said, “We identified this acquisition opportunity in late 2019, completed our due diligence, and committed to it with non-refundable earnest money…
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While jobless claims surged at unprecedented levels in March due to the Coronavirus outbreak, unemployment is continuously slowing in April in 26 states across the country.

These presentations were made to the Commercial Real Estate Research Advisory Board by Gay Cororaton and Amanda Riggs during the 2020 REALTORS® Legislative Meetings.

Virtual tours mean different things to different people – including apartment operators and prospective residents – so I spoke to Holli Beckman, Vice President of Marketing and Leasing Operations at WC Smith; and Melissa White, CAM, CAPS, Director of Property Management at Perennial Properties; and Kelley Shannon, Senior Vice President of Consumer Marketing, Bozzuto, about…
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Home sellers are gearing up to list their properties with the reopening of the economy, with half completing do-it-yourself home improvement projects.

LONG BEACH, CA – Linc Housing announced the start of construction on Bloom at Magnolia, an all-new, 40-unit apartment community in Long Beach for people who have experienced homelessness. Located in the South Wrigley neighborhood in central Long Beach, Bloom at Magnolia is aligned with key concepts in the City s proposed General Plan Update…
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Older Boomers, aged 65 to 73 years, made up 15% of all homebuyers in 2019. This group had the third-largest share of single female buyers at 22%.

I recently set out to visit 100 properties in 100 days. I wanted to get a truly informed understanding of the in-person experience that today’s prospects have. I wanted to see where the opportunities for improvement are and where leasing teams are knocking it out of the park. I genuinely went into it as a…
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Real estate has been, and remains, the foundation of wealth building for the middle class and a critical link in the flow of goods, services, and income for millions of Americans.