For the last couple of weeks, we’ve been sharing insights designed to help multifamily companies to steer through the challenging market conditions created by COVID-19. Last week we initiated a weekly roundtable discussion for our clients, a group that includes some of the most experienced pricing and revenue management practitioners in the industry. In this blog,…
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DALLAS, TX – Century Bridge Capital announced that it has invested in a middle-income, residential project in Huzhou, China. The project will be jointly developed with Redsun Real Estate, a Hong Kong listed developer based in Nanjing. Huzhou is a prefecture city in the northern Zhejiang Province in the Yangtze River Delta. It is known…
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As the apartment industry continues to trend toward the use of mobile devices for essential day-to-day operations, the focus is shifting toward the devices themselves. The challenge is selecting a device that all team members feel comfortable using, and which facilitates the greatest ease of implementation. So why not let them use their own mobile…
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SAN ANTONIO, TX – Financing from Wells Fargo has been secured for the innovative revitalization and construction of a multifamily community at the historic Borden Creamery property that serves as a very visible welcome to San Antonio on US 281 adjacent to the Pearl district. Plans include demolition of the current self-storage facility and construction…
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According to the today’s release from the Labor Department, 6.6 million Americans filed for unemployment last week.
Pet-owning apartment residents are lucky to have furry and loveable companions in the era of social distancing. These residents often experience less loneliness and have built-in ambition to get outside during the day—while exhibiting proper social distancing measures, of course. These isolation buddies can bring much joy to pet owners, especially in times of crisis.…
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The majority of Realtors® believe buyers and sellers will return to the market as delayed transactions following the end of the health crisis.
The multifamily market was the most attractively bought property asset in past years.
NEW YORK, NY – Trepp, a leading provider of information, analytics, and technology to the structured finance, commercial real estate, and banking markets, has released its March 2020 US CMBS Delinquency Report. The Trepp CMBS Delinquency Rate inched up in March, a rare break from the downward trend that has extended for almost three years.…
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TAMPA, FL – Preferred Apartment Communities announced its acquisition of Altis Wiregrass Ranch, a newly-constructed 392-unit Class A multifamily community located in Tampa, Florida. Jeff Sherman, President of Multifamily said, “Despite the current near-term environment, our financial involvement in the development of this property since inception gives us a deep understanding of the positive long-term…
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