Office Property Market Suffered Large Occupancy Losses Office occupancy suffered its biggest loss yet in the second quarter of 2020. By: Scholastica (Gay) Cororaton Commercial & Investment Real Estate, Office Property
ST LOUIS, MO – Watermark Residential, a wholly owned affiliate of Thompson Thrift and one of the nation’s leading multifamily developers, announced the acquisition of approximately 19 acres of land in the affluent St. Louis suburb of O’Fallon where the company plans to develop their fourth apartment community in Missouri—Avenue64 by Watermark. The expected completion…
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When prospective renters drive by your apartment communities—or stop by for a quick look online—you want them to feel a strong attraction so they’ll come inside to see more. You already know the leasing process starts with curb appeal, but have you taken an objective look recently? It might be time for an update. Here…
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At the national level, housing affordability declined in August 2020 compared to a year ago and fell compared to July.
Weekly Jobless Claims Flattening While the housing market has undoubtedly had a V-shaped recovery, the labor market hasn’t rebounded yet to its pre-pandemic levels. By: Nadia Evangelou
ROSWELL, GA – 29th Street Capital (29SC), a privately-held real estate operator, has acquired Lake House at Martin s Landing, a Class B, 300-unit asset located in the North Fulton submarket of Atlanta. 29SC plans to add value to the property with light upgrades to 282 apartments that were previously improved by the seller plus…
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Based on actual flood data from FEMA, CoreLogic and the First Street Foundation, NAR has created reports by congressional district underscoring the importance of flood insurance to property owners across the United States.
Instant Reaction: Mortgage Rates, October 8, 2020 Mortgage rates fell slightly this week as mortgage applications rose. By: Nadia Evangelou Mortgage Financing
PORTLAND, OR – LMC, a wholly owned subsidiary of Lennar Corporation and a leader in apartment development and management, announced the start of leasing at Denizen, a contemporary mixed-use apartment community in the Kerns neighborhood of Portland. Virtual and online leasing options are available to enable future residents to access a unique and realistic view…
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Unemployment rates are highest among millennials, Blacks, and those with less than a high school degree.
