Category: News

In-Person Tours vs. Virtual Tours: Where is Apartment Marketing Headed?

When COVID-19 hit, there was an undeniable rush for apartments to offer more virtual tour options on their websites. There seemed to be an initial fear that if you didn’t have comprehensive videos and organized virtual tours, you’d be left behind and lose out on new leads. This is understandable with lockdowns quickly taking effect…
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JVM Realty Acquires 121-Unit Boutique Mixed-Use Luxury Apartment Community in St. Louis Suburb of Clayton, Missouri

ST LOUIS, MO – JVM Realty Corp., a leading vertically integrated multifamily real estate investment and property management firm, announced it has acquired Ceylon Apartments, a boutique, luxury multifamily community in the St. Louis suburb of Clayton, Missouri. The mixed-use residential community features 121 luxury apartments and 13,421 square feet of ground floor retail. “Ceylon…
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Demand for Apartments is Strong, but Rent Collection Risks Remain Elevated in Class B/C Apartments

Rent Collection Risks Still High in Class B/C… Compared to the retail or hotel/lodging commercial real estate market, the multi-family market is faring relatively well. By:  Scholastica (Gay) Cororaton Commercial & Investment Real Estate

What is the Impact of Mobile Apps on Internal Communication?

Communication is crucial to seamless and productive operations in any organization, but as businesses grow, maintaining strong communication can become increasingly difficult. According to a 2018 Gallagher study, 60% of companies do not have a long-term communication strategy, yet around 50% of those companies said that they wanted to prioritize improving leadership and communication.  Organizations that seek to improve the…
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Watercrest Senior Living Group Celebrates the Groundbreaking of Watercrest Myrtle Beach Assisted Living and Memory Care

VERO BEACH, FL – Watercrest Senior Living Group and equity partners, Peninsula U.S. Real Estate, and Corecam Capital Partners announced the groundbreaking of Watercrest Myrtle Beach Assisted Living and Memory Care in Myrtle Beach, SC. The 98-unit luxury senior living community, financed by Bank of Texas and under construction by Shiel Sexton, is scheduled to…
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June 2020 Foot Traffic Report

Home showings in June 2020 showed a strong rebound from the level in May.

July 2020 Commercial Market Insights

The commercial real estate sector continues to struggle as a result of the coronavirus pandemic. The hotel and retail property markets are the heaviest hit, while multi-family and industrial are performing relatively well, with the office sector in the middle of the pack.

Know the Difference: Household Pets, Service Animals and ESAs

Residents bring three types of animals to apartment communities, and each has a different connotation for onsite teams.  The most common, naturally, are household pets. These are the easiest for onsite teams to screen, as the community typically has an easy-to-understand policy regarding the parameters for pets—even if it varies from community to community.  The…
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Kennedy Wilson Announces Construction Completion of The Largest Multifamily Community in Ireland Totaling 845-Units

DUBLIN, IRELAND – Global real estate investment company Kennedy Wilson (NYSE: KW) and its partner announced the completion of the third phase of Clancy Quay, adding 246 new units to the largest multifamily community in Ireland that now totals 845 units and will serve as home for more than 1,800 residents. Clancy Quay builds on…
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Data You Can Use

These slides were presented by Dr. Jessica Lautz at the Communication Directors Institute on Tuesday, July 7, 2020.