Tag: multifamily

Apartment Market Recovery Hits a Bump in the Road

Recently, we’ve seen several positive signs indicating that the apartment industry had shaken off the worst impact of the pandemic and was headed in the direction of a recovery.  Unfortunately, that forward momentum wasn’t present during the seven-day period ending on July 12, according to data from Radix.  Traffic and leases were down for a…
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Housing Affordability in May 2020

Housing Affordability in May 2020 At the national level, housing affordability showed signs of improvement in May 2020 compared to a year ago but fell compared to April. By:  Michael Hyman

Wood Partners Announces Groundbreaking of 403-Unit Alta Davis Luxury Residential Community in Durham, North Carolina

DURHAM, NC – Wood Partners, a national leader in multi-family real estate development, announced the groundbreaking of its newest luxury residential community – Alta Davis – in Durham, North Carolina. Construction is now underway, and the community is scheduled to open in late 2021. Alta Davis is located minutes away from Research Triangle Park (RTP),…
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The Advantages of Digital Communication for Property Managers

Communication has gone through an evolution following the advances of technology in general. The way we’ve communicated as individuals, groups, and organizations have all been disrupted by innovation. Property managers often act as a liaison between customers, colleagues, vendors, and others, which makes optimizing communication incredibly important. Being able to send documents like letters, notices,…
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Unemployment Claims Continue to Decline While People Receiving Benefits Eased to 17 Million

In the week ending July 11, new unemployment claims decreased to 1.3 million, a decrease of 10,000 from the previous week’s revised level.

The Department of Housing and Community Development Provides $20.2 Million to Preserve 336 Affordable Housing Units

WASHINGTON, DC – The Department of Housing and Community Development (DHCD) has provided $20.2 million in financing that will preserve 336 units of affordable housing for low-income households in Ward 8 at Park Southern Apartments. “This agreement is the culmination of continuous engagement and participation among tenants, the developer and our team,” said DHCD Director…
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Price Differential to Help Drive Office Demand to Suburbs

Suburban office space acquisitions have been on the rise since 2017, but this trend may pick up as a result of social distancing and increased opportunity to work from home.

2020 NAR Member Profile Free to Members

Through the Right Tools Right Now program, the full 2020 NAR Member Profile is free to members. Based on a random sampling of NAR’s membership, this popular report strives to answer the question “Who are REALTORS®?”.

NAR Member Profile: Realtors® Used More Technology, Cited Inventory Constraints

Even before the real estate industry was confronted with the coronavirus pandemic, Realtors® had already begun to make sizable increases in their use of technology and online tools in an effort to accommodate clients and advance their businesses.

Networking: A Key for Savvy Landlords

When trying to advance your career or make your next move, the importance of networking cannot be overstated. There is a reason people pay to go to networking events, after all. Property management is no different. Getting to know landlords in your area can not only help you improve your immediate ability to be a…
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