Month: July 2020

Wood Partners Announces Groundbreaking of 403-Unit Alta Davis Luxury Residential Community in Durham, North Carolina

DURHAM, NC – Wood Partners, a national leader in multi-family real estate development, announced the groundbreaking of its newest luxury residential community – Alta Davis – in Durham, North Carolina. Construction is now underway, and the community is scheduled to open in late 2021. Alta Davis is located minutes away from Research Triangle Park (RTP),…
Read more

The Advantages of Digital Communication for Property Managers

Communication has gone through an evolution following the advances of technology in general. The way we’ve communicated as individuals, groups, and organizations have all been disrupted by innovation. Property managers often act as a liaison between customers, colleagues, vendors, and others, which makes optimizing communication incredibly important. Being able to send documents like letters, notices,…
Read more

Unemployment Claims Continue to Decline While People Receiving Benefits Eased to 17 Million

In the week ending July 11, new unemployment claims decreased to 1.3 million, a decrease of 10,000 from the previous week’s revised level.

The Department of Housing and Community Development Provides $20.2 Million to Preserve 336 Affordable Housing Units

WASHINGTON, DC – The Department of Housing and Community Development (DHCD) has provided $20.2 million in financing that will preserve 336 units of affordable housing for low-income households in Ward 8 at Park Southern Apartments. “This agreement is the culmination of continuous engagement and participation among tenants, the developer and our team,” said DHCD Director…
Read more

Price Differential to Help Drive Office Demand to Suburbs

Suburban office space acquisitions have been on the rise since 2017, but this trend may pick up as a result of social distancing and increased opportunity to work from home.

2020 NAR Member Profile Free to Members

Through the Right Tools Right Now program, the full 2020 NAR Member Profile is free to members. Based on a random sampling of NAR’s membership, this popular report strives to answer the question “Who are REALTORS®?”.

NAR Member Profile: Realtors® Used More Technology, Cited Inventory Constraints

Even before the real estate industry was confronted with the coronavirus pandemic, Realtors® had already begun to make sizable increases in their use of technology and online tools in an effort to accommodate clients and advance their businesses.

Networking: A Key for Savvy Landlords

When trying to advance your career or make your next move, the importance of networking cannot be overstated. There is a reason people pay to go to networking events, after all. Property management is no different. Getting to know landlords in your area can not only help you improve your immediate ability to be a…
Read more

Walker & Dunlop Completes Sale and Financing of 135-Unit The Moretti at Vulcan Park Apartments in Birmingham, Alabama

BIRMINGHAM, AL – Walker & Dunlop, Inc. announced that it completed the sale and financing for The Moretti at Vulcan Park. The 135-unit property is a Class A, luxury apartment community located in the Homewood neighborhood of Birmingham, Alabama. Walker & Dunlop’s financing team comprised Managing Directors Stephen West and Matt Wallach, as well as…
Read more

Talking Data with Jessica Lautz from NAR

Jessica Lautz talks about the transforming market due to COVID-19, trends that the data is reflecting, the impacts of this data for the coming months, and what the next few months look like for agents across the nation.