Category: News

Gen Xers: Affluent, Diverse, but Held by Debt

Gen Xers, buyers (aged 40 to 54 years), remain the second-largest share of home buyers by generation at 23% of all homebuyers in 2019.

Belfonti Companies Breaks Ground on New $50 Million 160-Unit Luxury Apartment Community in Cromwell, Connecticut

CROMWELL, CT – Belfonti Companies announced that it has broken ground on a $50 million dollar market-rate, luxury apartment home community in Cromwell, Connecticut. The new community will be built just off Country Squire Road near Route 372 and it will consist of 160 luxury apartment homes. The project will be constructed in phases, with…
Read more

Case Studies on Repurposing Vacant Retail Malls

The case studies in this report showcase how vacant retail malls are being repurposed and the sources of financing for these projects.

Instant Reaction: Unemployment, May 8, 2020

The joblessness rate is certain to be higher next month, but soon afterward it will steadily fall.

Preferred Apartment Communities Completes Acquisition of 288-Unit Multifamily Community in Panama City Beach, Florida

PANAMA CITY, FL – Preferred Apartment Communities announced its acquisition of Parkside at the Beach, a 2019 built 288-unit Class A multifamily community located in Panama City Beach, Florida. Jeff Sherman, President of Multifamily said, “We identified this acquisition opportunity in late 2019, completed our due diligence, and committed to it with non-refundable earnest money…
Read more

Signs of Slowing Unemployment; More Than Half of States Had Fewer Jobless Claims for Four Weeks in a Row

While jobless claims surged at unprecedented levels in March due to the Coronavirus outbreak, unemployment is continuously slowing in April in 26 states across the country.

Commercial Real Estate Research Advisory Board

These presentations were made to the Commercial Real Estate Research Advisory Board by Gay Cororaton and Amanda Riggs during the 2020 REALTORS® Legislative Meetings.

Three Leading Apartment Operators Talk Virtual Tour Traffic During Covid-19 Era

Virtual tours mean different things to different people – including apartment operators and prospective residents – so I spoke to Holli Beckman, Vice President of Marketing and Leasing Operations at WC Smith; and Melissa White, CAM, CAPS, Director of Property Management at Perennial Properties; and Kelley Shannon, Senior Vice President of Consumer Marketing, Bozzuto, about…
Read more

Realtors® Report That 77% of Potential Home Sellers are Preparing to Sell Following End of Stay-At-Home Orders

Home sellers are gearing up to list their properties with the reopening of the economy, with half completing do-it-yourself home improvement projects.

Linc Housing Moves Forward With Building Essential Supportive Housing for People Experiencing Homelessness

LONG BEACH, CA – Linc Housing announced the start of construction on Bloom at Magnolia, an all-new, 40-unit apartment community in Long Beach for people who have experienced homelessness. Located in the South Wrigley neighborhood in central Long Beach, Bloom at Magnolia is aligned with key concepts in the City s proposed General Plan Update…
Read more