LADY LAKE, FL – ConcordRENTS announced the Grand Opening of Lake Sumter Apartment Homes, a $28.7 Million affordable housing community, consisting of 158 apartment homes serving those making 40% – 80% of the area median income. Located minutes from the Lake Sumter Landing in The Villages, Lake Sumter Apartment Homes is the newest affordable community…
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Resident retention is usually thought of in terms of what the landlord or property manager can do around the end of a resident’s tenancy to encourage them to stay: clear communication, responsiveness, concessions, a new appliance, and so forth. But in this article we take a position that resident retention should start much earlier in…
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The housing market continues to recover strongly, fueled by low mortgage rates.
PHOENIX, AZ – Banyan Residential has announced the start of new construction at 5321 E. Washington in Phoenix, Arizona, marking the company’s second ground-breaking in the area this year. Centrally located just east of the Loop 202 Freeway and directly adjacent to the Valley Metro light rail, the project will offer 223 market-rate apartment units…
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The global pandemic drastically altered the way people live their lives virtually overnight. But after everyone got past the immediate shock and exasperation of staying home, society began to adjust. While many newfound processes have been spurred entirely by necessity and will be considered a temporary adjustment due to the odd dynamic of 2020, others…
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Mortgage rates have stabilized near record lows but rates could fall even further this year. The 30-year fixed-rate mortgage inched up to an average of 2.87% this week from 2.86% the prior week.
GILBERT, AZ – McShane Construction Company has begun construction on Springs at Cooley Station in Gilbert, Arizona, their 20th Springs assignment for the owner, Continental Properties. Currently underway with two additional projects for Continental in the Phoenix area, McShane is assisting Continental in responding to the surge in population growth that the Greater Phoenix Area…
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COVINGTON, KY – Madison Place, the area’s first high-rise luxury apartment community in Covington, Ky., is enhancing the resident experience with exclusive VIP access to the newest state-of-the-art concert venue, Ovation Pavilion. “Madison Place was built on this idea that our residents would experience the extraordinary, complete with city views, unparalleled entertainment and all the…
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Customers increasingly want control over managing themselves and their business relationships especially when it comes to their finances. Online payments offer owners and tenants self-service capabilities that are customers want at an increasing rate. Mobile payments alone have grown in popularity as younger generations get older and have more spending power – studies show that 33% of…
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Understanding the profile of landlords is important because any policy pertaining to renters also impacts landlords and their ability to provide rental housing supply.
