Preauthorized payments are a form of payment automation where customers enable companies to withdraw funds for recurring payments directly in their account, typically via the EFT (electronic funds transfers) or ACH (Automated Clearing House) process. Preauthorized payments have been around for a while but have become more popular as the use of cash has declined,…
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Instant Reaction: Jobs, September 4, 2020 The unemployment rate fell to 8.4% as 1.4 million more jobs were added in August. By: Lawrence Yun
This report looks at the use of Section 1031 like-kind exchanges involving NAR members and assesses their views on the economic impacts of repealing Section 1031 as is being proposed by some current tax proposals.
DALLAS, TX – Turner Impact Capital, one of the nation s largest real estate investment firms dedicated to social impact, has expanded its portfolio of affordable workforce housing with an additional multifamily housing community in Dallas – bringing the firm s total acquired units to over 10,330. The 270-unit Ventana Apartments was acquired last month…
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A national rental housing eviction moratorium that is underway Sept. 4 and extends through 2020 has apartment housing groups fighting back with lobbying efforts, grassroots campaigns and media placements. The Center for Disease Control (CDC) issued the eviction moratorium order Sept. 1. “The industry is fully mobilized to call Congress to enact rental assistance, arguing…
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The unadjusted new jobless claims suggest that there was a slight change last week in the number of people applied for benefits.
DALLAS, TX – Supporting the city of Fate, Texas, and senior residents alike, Gardner Capital has begun work on Gala at Fate, a public-private partnership designed to deliver quality senior housing as well as additional long term revenue for the city itself. Gardner Capital, a family-owned private equity firm specializing in multifamily housing and renewable…
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Growing up, I spent my fair share of time watching “The Jetsons.” Set in the year 2062, the cartoon imagined a world of incredible luxury and technology. The Jetsons traveled in a flying car. George Jetson worked a whopping nine hours a week, and the family had a robot maid and a machine that produced…
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BIRMINGHAM, AL – Carter Multifamily announced its acquisition of the 240-unit Summerchase at Riverchase for approximately $26.67 million. Built in 1988, the Hoover, AL apartment community includes 16 two-story, wood frame buildings situated on 24.73 acres in a natural wooded park-like setting. The unit mix includes one- and two-bedroom units. Community amenities include a clubhouse,…
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Grumblings among resident prospects about transparency within the leasing process continue to pick up volume – both in number and sound. It’s an issue the apartment industry is aware of and is working to address. Operators are finding that greater transparency – especially in regard to cost – can lead to a greater number of signed…
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