IRVINE, CA – WNC, a leading provider of investment, asset management and development services in the affordable housing industry, announced it has closed WNC Institutional Tax Credit Fund 49 LP (WNC Fund 49). The fund raised $153 million in institutional low-income housing tax credit (LIHTC) equity that will be used to develop and renovate more…
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As we begin to enter a lower season while still dealing with the effects of the COVID-19 pandemic and concomitant recession, we thought it would be a good idea to take some time and focus on renewals. With new rents declining in new markets even during this past summer and thus almost sure to decline…
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The coronavirus pandemic period has shown that workers can work at home productively given the state of technology that enables workers to access their work files from anywhere, collaborate, and stay connected. This means that working from home or remotely is likely to become part of the workforce culture.
SCOTTSDALE, AZ – Wood Partners, a national leader in multi-family real estate development, announced the groundbreaking of its newest luxury residential community – Alta Raintree – in Scottsdale, Arizona. Construction is underway and the community is scheduled to open in the fall of 2021. Located 10 minutes from Scottsdale Airpark in the coveted City of…
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The retail market is no longer recovering and is now surging as U.S. retail and food service sales ramped up in July.
9.3 Million Jobs Gained in May – July The July figures show strong employment growth, but the gains are not yet at a level that fully recovers the lost jobs. By: Scholastica (Gay) Cororaton
Conversion rates are metric of how many people who receive your marketing material respond to a call to action essentially it measures how well your marketing is getting people to do what your material is asking them to do. Converting a lead can look different depending on your marketing material or advertising, it can be…
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PALM BAY, FL – American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, has acquired The Vinings at Palm Bay, a 320-unit apartment community located in Palm Bay, Florida. The community has been renamed The Braxton and will undergo a $3 million capital improvements and rebranding program. With this acquisition, American Landmark…
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Those who quickly adapt tend to thrive. This skill has become essential to many businesses since the pandemic began spreading in March. A positive consequence of the pandemic is prospects are following suit with widespread use of digital tools, online commerce, and virtual engagement. I recently played host to another lunch and learn which…
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Layoffs declined slightly to 1 million last week A drop in claims for unemployment checks implies that even with new layoffs there are job creations and people are able to come off unemployment. By: Nadia Evangelou
