Month: June 2020

New unemployment claims continue to rise more slowly as some people return to work.

HAMILTON, NJ – Total construction starts rose 3% from April to May to a seasonally adjusted annual rate of $595.1 billion, following a 25% decline the previous month. Several large nonresidential building projects broke ground in May resulting in the gain. Removing those large projects from the statistics would have resulted in no change in…
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Home showings in May 2020 were still below last year’s level, but activity picked up compared to April.

You’re likely familiar by now with the term eCheck. If you are not, an echeck is an electronic version of a paper check that is used to make payments and transfer funds online. The benefits of such a form of payment in contrast to traditional paper checks and cash are fairly clear (simplicity, security, convenience),…
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SACRAMENTO, CA – AECOM-Canyon Partners, in a joint venture with The Martin Group, announced the closing of a $73.3 million senior construction loan from Pacific Western Bank to begin the transit-oriented development of Wexler on 65th, a mid-rise student housing project near California State University, Sacramento. The development will bring much needed housing to Sacramento…
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The resident’s customer journey is being turned on its head during the unprecedented Covid-19 circumstances. Apartment marketers are faced with new challenges on how to “set themselves apart” from the competition. Sure, social media and other marketing trends continue to evolve, but when it comes down to the resident signing the lease, it’s the pricing…
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This five-point plan would increase the number of African-American homeowners and help close the persistent gap in homeownership rates between whites and African-Americans.

SEATTLE, WA – Skyrocketing unemployment across the U.S. has prompted millions of adults to move back in with their parents. A new Zillow analysis shows potential rent lost from Gen Z alone could total an estimated $726 million, and the ripple effects of their next move could have far-reaching consequences for the housing market. The…
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  Apartment maintenance staff may receive reasonable modification requests because of their direct contact with residents. Therefore, it’s important that they are educated on how to respond to such requests. Maintenance Employees & Customer Service Residents may discuss their needs for reasonable accommodations or modifications with maintenance employees prior to mentioning their needs to anyone…
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DENVER, CO – ReyLenn Properties announced the opening of Solana Stapleton, a new luxury rental community in the Stapleton submarket of Denver. The community is the first market rate rental community developed by a third party in the master-planned Stapleton community. The 280-unit development includes a mix of one, two, and three-bedroom residences, with rental…
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