Tag: multifamily

2020’s Impact on Multifamily Housing

  It’s safe to say that 2020 has been a roller coaster ride. This year has drastically impacted businesses across industries, including all sectors of real estate.  Though multifamily housing is no stranger to change, it is rare to see change at the accelerated rate we’ve experienced during 2020. In response to COVID-19, multifamily property…
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Decision 2020 – A Revenue Management Parable

It’s election week, and there is an air of limbo in the country as we wait for the result and generally try to make sense of one of the strangest election cycles in memory. But when the no-doubt extensive obituaries of “Decision 2020” come to be written, the question most will have to attempt to…
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COVID-19: How Tenant Behaviors Are Predictors Of What’s To Come

There is no denying that COVID-19 or the ongoing pandemic has affected us all. With millions of people unemployed and the economy still struggling to come back, many people in the real estate industry are wondering what’s next? Of course, over these last nine months, people have been making predictions about how this will all…
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7 Amenity Habits That Improve Community Health for Life

We’re all familiar with it. At some point in our childhood, a seemingly overbearing adult told us to finish our greens. Or not to eat that piece of candy. If you’ve graduated to parenthood, then you’re familiar with the opposite side of that transaction. Why is it so hard to drop bad habits and acquire…
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October 2020 Commercial Real Estate Market Trends and Outlook

REALTORS® reported a decline in sales and leasing transactions, except for industrial properties, clearly the strongest leg of the commercial sector. The land market has also been a strong sector, especially sales of land for recreational use, as the pandemic has curtailed leisure activities in the urban areas.

Sale of Trophy 110-Unit Multifamily Community in Little Italy Neighborhood of San Diego Completed by Walker & Dunlop

SAN DIEGO, CA – Walker & Dunlop, Inc. announced that it completed the sale of Valentina by Alta, a 110-unit newly constructed apartment community in the highly-coveted Little Italy neighborhood of San Diego, California. Little Italy, which has been coined “Top Chef Alley,” has emerged as one of San Diego’s most sought-after neighborhoods, with top-rated…
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Lessons Learned From Pandemic Have Become Best Practices

The Covid-19 pandemic forced property management companies to adapt on the fly like never before. The industry has implemented new processes and protocols to protect associates and residents alike, and adjusted operations to provide necessary support at the property level.  While most of the changes are temporary, some of those new practices are here to…
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State Employment Monitor: Job Growth in 41 States in September 2020 But Still Below Pre-Pandemic Levels

Job Growth in 41 States in September 2020 As of September, 41 states had job gains but employment has not recovered to pre-pandemic levels (February 2020) in all states. By:  Scholastica (Gay) Cororaton

Instant Reaction: Retail Trade Sales, October 22, 2020

Seasonally adjusted advanced estimates of United States retail and food services sales continued its upward trend for the month of September as sales continue to exceed pre-pandemic levels.

Affirmed Housing Opens $19 Million Della Rosa Affordable and Supportive Housing Community in the City of Westminster, California

WESTMINSTER, CA – Located on 14800 Beach Boulevard in Westminster, CA, Della Rosa is a new affordable housing community offering studio, one- and two-bedroom homes to those who earn 30%-50% AMI. Offering twenty-five studio units for those previously experiencing homelessness, local service provider American Family Housing will offer wrap around services. Twenty-four, one- and two-bedroom…
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