Can a city change my property zoning without my permission? Yes, a city can change your zoning classification without your permission. Legally speaking, zoning is an exercise of what is known to be police power. It does not happen often, and we’re not saying it is a fair practice. But it is possible. “Police power”…
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Economist Outlook: Land Market Outlook in 2020 Q3 REALTORS® expect to have more sales transactions in residential and industrial land sales in the third quarter. By: Scholastica (Gay) Cororaton
The housing market is bouncing back, with multiple offers on houses and record low mortgage rates. However, inventory remains a problem and could become a bottleneck. A reintroduction of the lockdown due to the pandemic could also negatively affect the market.
MINNEAPOLIS, MN – Reuter Walton Development, a Minneapolis-based award-winning real estate company specializing in developing outstanding, community-driven project, and Northwestern Mutual, one of the nation’s largest real estate investors, are slated to welcome home residents to the area’s newest luxury apartment community, The Asher, in October 2020. The brand-new 220,000-square-foot community in Minneapolis features 175…
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Over the last year or so, as proptech has exploded, showering the multifamily industry with new and exciting technology, it has become harder to understand the return on technology implementations. As we wrote earlier this year in our 20 for ‘20 white paper, an ever-growing vendor population is competing to deliver ostensibly the same benefits to…
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LOS ANGELES, CA – Mountain Pacific Opportunity Partners, a Los Angeles-based capital provider for multifamily development with a focus on Opportunity Zones, announces the closing of 336 W. Seventh Street, a 34-unit mixed use development in San Pedro, Calif. In partnership with South Bay Developers and ARK Construction & Development Inc., the $14M development is…
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August 12, 2020 marks the official inaugural Apartment Onsite Teams Day (#APTeamsDay). Apartments.com spearheaded this day as a way to recognize those in the multifamily apartment industry who have been essential workers during the COVID-19 pandemic. These people worked to keep apartment operations moving, residents happy and prospects signing leases as Americans spent more time…
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CARY, NC – Wood Partners, a national leader in multi-family real estate development, announced the groundbreaking of its newest luxury residential community – Alta Wren – in Cary, North Carolina. Construction is underway, and the community is scheduled to open in the summer of 2021. Located five minutes south of Research Triangle Park, the new…
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