Month: June 2020

COLUMBUS, OH – Charles Street Development Corporation, a company focused on residential development, is preparing for their first move-ins at its luxury apartment community, Industry Columbus. The luxury apartment community offers unparalleled amenities to its residents, including the first and only community in Downtown Columbus to feature a rooftop swimming pool and hot tub, on-site…
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Existing-home sales data showing that housing market activity this May fell 9.7% from April 2020. May’s sales of existing homes dropped 26.6 % from May 2019.

There are two realities for the multifamily industry in a coronavirus world:  Reality #1: The priorities and routines of your renters have shifted indefinitely. Reality #2: Your social media strategy can’t stop, it must adapt. Four months into the pandemic and it still seems we are all getting our bearings when it comes to being…
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MIDLAND, TX – The Michaels Organization announced that Chaparral Apartments, a critical affordable housing resource in Midland, Texas, is set to undergo an extensive renovation following a successful financial closing. The modernization of Chaparral will provide much-needed upgrades to the apartments and community amenities while preserving long-term affordability. “We are grateful to the City of…
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Silent Generation: Retiring and Downsizing The silent generation, aged 74–94 years, made up the smallest share of buyers by age at 6% of all homebuyers in 2019, and represented 8% of sellers. Seniors

Housing market conditions improved in May, according to REALTORS® who responded to NAR’s May 2020 Realtors® Confidence Index (RCI) Survey, a survey of REALTORS® about their monthly transactions.

As a certified fitness professional who serves multiple multifamily apartment communities and thousands of their residents in the Dallas market every year, I’ve seen how this pandemic has affected multifamily community operations all over the metroplex. The common thread is the need to establish proper safety guidelines, communicating those guidelines to residents, and finding additional…
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Home sales are expected to rise in the upcoming months with the economy reopening, and could even surpass one-year-ago figures in the second half of the year.

HOUSTON, TX – Banyan Residential announced the acquisition of Lofts at the Ballpark, a 375-unit Class-A apartment property in downtown Houston, Texas. The four-story community is located at 610 Saint Emanuel Street one block from Minute Maid Park and BBVA Stadium, and immediately adjacent to light rail access. Lofts represents Banyan’s first acquisition in the…
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The goal of investing is to seek out underestimated assets and acquire them for less than their intrinsic value. A market downturn presents a prime opportunity to do this. However, certain factors need to be considered before you go on a buying spree. As a rule, home prices tend to fall during a recession. The…
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