Tag: multifamily

Wood Partners Announces Grand Opening of 338-Unit Alta Med Main Luxury Apartment Community in Texas Medical Center

HOUSTON, TX – Wood Partners, a national leader in multi-family real estate development, announced the grand opening of its newest luxury residential community – Alta Med Main – in Houston, Texas. The four-story community features 338 units comprised of one- and two-bedroom apartment homes. Leasing is currently underway and first move-ins began in early September.…
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Using Open Rate to Improve Multifamily Email Performance

Introduction The majority of industries rely on email marketing to promote their content and products and engage with their users. In multifamily, email marketing can help convert prospects to residents and retain existing residents. However, effective email marketing is reliant on multiple variables; namely: Open Rate Click-Through Rate Send Frequency Optimizing these three variables will…
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Rental Concessions Nearly Doubled Across The Country Since the Coronavirus Outbreak Began According to Latest Zillow Study

SEATTLE, WA – Rental concessions on Zillow listings are now nearly twice as common as they were in February, as landlords strive to attract new tenants in a rental market that has softened considerably since the coronavirus pandemic took hold. The share of rental listings on Zillow that advertise some form of concession rose from…
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Instant Reaction: Mortgage Rates, September 10, 2020

With these ultra-low mortgage rates, the real estate market is recovering faster than expected from the pandemic.

Which Commercial Property Sectors are Doing the Best During the Pandemic, and Which Ones Are Hurting?

Together with almost every other sector of the economy, commercial property has been disrupted by Coronavirus and social distancing. For many years, the main declining CRE sector has been retail. However, this sector is no longer suffering alone, since the pandemic is hurting most other CRE sectors: hospitality, office, multi-family, personal services, restaurant, entertainment, and…
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High-End 133-Unit Helix Apartment Community Exceeds Aggressive Pre-Leasing Expectations with Nearly 65-Percent Leased in Two Months

CHESAPEAKE, VA – Helix Apartments, a six-story urban mixed-use community with 133 apartment homes and ground-floor restaurant/retail spaces, is the first residential community in Summit Pointe. Helix, managed and leased by Drucker + Falk, is leading the Chesapeake multifamily market in rent per square foot. In just two months of accepting applications, nearly 65 percent…
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Households’ Perception of Being Able to Make a Debt Payment is Improving

The unemployment benefits that about 29 million people receive have provided a boost to household incomes, enabling them to stay afloat and pay their debt and bills.

Vista Realty Partners and The Worthing Companies Announce Opening of Marketplace Vista Apartment Homes in Marietta, Georgia

MARIETTA, GA – Vista Realty Partners and The Worthing Companies announce the grand opening of Marketplace Vista Apartment Homes, the new apartment community located in the $120 million Connolly Development and Eden Rock Real Estate Partners development. Situated at the intersection of Powers Ferry and Terrell Mill Roads, Marketplace Vista luxury apartments define a large…
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Gyms Deemed Safe with Sanitizing Protocol

Pandemic or no pandemic, sanitization is always in style. Property managers stretching their maintenance team thin trying to keep up with the recent increase of cleaning demand can be stressful to everyone, and if the standards can’t be met, residents ultimately suffer.   In this post, I’ll share the latest news in sanitizing and disinfecting…
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Linc Housing Partners with SIPA to Build Modern Mixed-Use Development with 63 New Supportive Apartments in Historic Filipinotown

LOS ANGELES, CA – Linc Housing has partnered with Search to Involve Pilipino Americans (SIPA) to build HiFi Collective, a new five-story building that will feature 63 supportive housing units and one manager s unit as well as SIPA s offices, programming space, community cultural center, and the John Eric Swing Small Business Center. SIPA…
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