FORT WORTH, TX – Greystar Real Estate Partners, a global leader in the investment, development and management of high-quality rental housing properties, announced Album Keller Ranch, a new 55+ active adult community designed to provide residents the best of 55+ carefree living at a great value. Developed in partnership with The Carlyle Group, the 180…
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At the national level, housing affordability showed signs of improvement in July 2020 compared to a year ago but dipped compared to June.
ATLANTA, GA – Preferred Apartment Communities announced that it closed on a loan investment of up to approximately $20.7 million in connection with Terwilliger Pappas’ plans to develop Solis Cumming Town Center, a 320-unit, mid-rise surface parked Class A multifamily community located in the high-growth GA-400 corridor of Forsyth County, a rapidly expanding, affluent suburb…
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One of the most important responsibilities for any property manager is to communicate with their tenants. In the long-term, communicating frequently with tenants will enable many benefits for the property manager. Keeping communication at the center of the customer service strategy helps managers to better understand and cater to their tenant’s needs while tenants will…
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Unadjusted new jobless claims totaled 857,148 in the week ending September 5, an increase of 20,140 (2.4%) from the previous week.
HOUSTON, TX – Wood Partners, a national leader in multi-family real estate development, announced the grand opening of its newest luxury residential community – Alta Med Main – in Houston, Texas. The four-story community features 338 units comprised of one- and two-bedroom apartment homes. Leasing is currently underway and first move-ins began in early September.…
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Introduction The majority of industries rely on email marketing to promote their content and products and engage with their users. In multifamily, email marketing can help convert prospects to residents and retain existing residents. However, effective email marketing is reliant on multiple variables; namely: Open Rate Click-Through Rate Send Frequency Optimizing these three variables will…
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SEATTLE, WA – Rental concessions on Zillow listings are now nearly twice as common as they were in February, as landlords strive to attract new tenants in a rental market that has softened considerably since the coronavirus pandemic took hold. The share of rental listings on Zillow that advertise some form of concession rose from…
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With these ultra-low mortgage rates, the real estate market is recovering faster than expected from the pandemic.
Together with almost every other sector of the economy, commercial property has been disrupted by Coronavirus and social distancing. For many years, the main declining CRE sector has been retail. However, this sector is no longer suffering alone, since the pandemic is hurting most other CRE sectors: hospitality, office, multi-family, personal services, restaurant, entertainment, and…
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