Self-touring already had been considered the wave of the future in the apartment world. Then the pandemic arrived and left no doubt. But while self-guided tours might imply a distant, do-it-yourself atmosphere, they are not as detached as they sound. Self-touring prospects might not want the direct side-by-side assistance of a leasing agent, but they…
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While COVID-19 has wreaked havoc on the hotel, office, and retail property assets, it brought out the durability of the industrial property market and accelerated e-commerce and warehousing employment.
WEST DUNDEE, IL – Gardner Capital, a family-owned private equity firm specializing in multifamily housing and renewable energy development and investment, recently completed a brand-new senior living complex in suburban Chicago – located in West Dundee, Illinois. Offering affordable housing and a wealth of amenities, the 61 units at Spring Hill Senior Residences are designed…
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With the coronavirus pandemic continuing to rage in many parts of the country, the week ending on Aug. 9 showed most of the major apartment metrics experiencing slight declines, according to Radix data. For example, the average apartment community in the U.S. had a traffic number of 9.37 leads, down from 9.54 leads during the…
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Q2: Home Prices Up in 96% of Metro Areas Single-family home prices continued to rise in the second quarter of 2020, with 96% of markets showing home price appreciation. By: Michael Hyman
TIGARD, OR – Canyon Partners Real Estate, ScanlanKemperBard Companies and Diamond Investment Group announce their joint venture in the development of The Overland, a 219-unit apartment project in the Portland suburb of Tigard, Oregon. Canyon invested $24.4 million of equity into this project, which is located in a qualified opportunity zone. The joint venture also…
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Few found much relief or clarity from executive orders signed last weekend by President Trump. Who benefits, when and how, if at all was the response by most in the apartment industry, as well as residents and those receiving unemployment benefits. Communication breakdowns between owners and residents have complicated the situation, particularly those facing eviction…
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Instant Reaction: Mortgage Rates Mortgage rates bounced up lightly this week to average 2.96% from 2.88% the prior week, but this should have virtually no impact on home buying. By: Nadia Evangelou
HOUSTON, TX – Mill Creek Residential, a leading multifamily developer and operator specializing in premier apartment communities across the U.S., announced the groundbreaking of Modera Washington, a mixed-use apartment community located along Washington Avenue amidst one of Houston’s most arts-centric locales. The eight-story midrise will feature 341 contemporary apartment homes and a full suite of…
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In times of Covid-19, we have to get creative with how we navigate fitness and wellness in public spaces. Multifamily communities have shared amenity spaces in addition to the apartment rented by a tenant that allow residents to enjoy the perks of the property they’ve chosen to call home. The infographic below contains four options…
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