CHEVY CHASE, MD – FCP announces the $71.5 million acquisition of Tides at South Tempe, a 442-unit apartment community in Tempe, Arizona through a joint venture with Tides Equities. The acquisition marks FCP’s first investment in Arizona as the company continues to expand its national footprint. “FCP has been seeking the right opportunity to invest…
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I have had a number of people reach out to me over the last couple of weeks asking me to write something to help encourage residents to wear their masks when outside their homes. I spent a lot of time last week researching and below is what I’d like to share with you. We are…
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DORAL, FL – LMC, a wholly owned subsidiary of Lennar Corporation and a leader in apartment development and management, announced the start of leasing at Palmera, a midrise apartment community in the northern portion of the Miami suburb of Doral. The luxury community, which consists of 440 apartment homes and meets green building standards, features…
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For optimal health, we have to be mindful of how we manage stress physically by analyzing posture and its role in helping us stay well. The hard-working staff in multifamily do the majority of work from a desk. The phrase “sitting is the new smoking” is beginning to ring more true as longer hours propped…
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May’s pending home sales pace rose 44.3% last month and fell 5.1% from a year ago. Even with the declines, pending sales bounced back from the prior two months.
Pending home sales mounted a record comeback in May, seeing encouraging contract activity after two previous months of declines brought on by the coronavirus pandemic.
PHOENIX, AZ – Watermark Residential, a wholly owned affiliate of Thompson Thrift and one of the nation’s leading multifamily developers, announced the acquisition of 10 acres of land in the Phoenix suburb of Gilbert, Ariz. The company will develop The Wyatt by Watermark, a $43 million Class A garden-style multifamily community on the land with…
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Offering customers self-service capabilities is becoming an increasingly important element of the customer service toolkit. Whether it is in the form of an online knowledge base, a simple FAQ or a portal, Gartner Research predicts that by the end of 2020, 85% of the relationship between customers and businesses will require zero human interaction. Here…
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ST AUGUSTINE, FL – West Shore, a fully integrated multifamily real estate investment firm, announced the acquisition of Isla Antigua, a unique 249-unit apartment community located in St. Augustine, Florida. The addition of this asset marks West Shore’s 29th acquisition and its 13th in the state of Florida. The company’s expanding national footprint now includes…
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If you’re puzzling over how to increase property tours and leases, your property website may be the missing piece. Sure, your multifamily team posts dazzling photos and highlights the amazing amenities, but does the website invoke any strong emotions or inspire prospects to take action? Or, is the site simply an online brochure that’s static,…
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