Pending Home Sales Notch Record-Setting 44.3% Monthly Increase in May
Pending home sales mounted a record comeback in May, seeing encouraging contract activity after two previous months of declines brought on by the coronavirus pandemic.
Pending home sales mounted a record comeback in May, seeing encouraging contract activity after two previous months of declines brought on by the coronavirus pandemic.
PHOENIX, AZ – Watermark Residential, a wholly owned affiliate of Thompson Thrift and one of the nation’s leading multifamily developers, announced the acquisition of 10 acres of land in the Phoenix suburb of Gilbert, Ariz. The company will develop The Wyatt by Watermark, a $43 million Class A garden-style multifamily community on the land with…
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Offering customers self-service capabilities is becoming an increasingly important element of the customer service toolkit. Whether it is in the form of an online knowledge base, a simple FAQ or a portal, Gartner Research predicts that by the end of 2020, 85% of the relationship between customers and businesses will require zero human interaction. Here…
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ST AUGUSTINE, FL – West Shore, a fully integrated multifamily real estate investment firm, announced the acquisition of Isla Antigua, a unique 249-unit apartment community located in St. Augustine, Florida. The addition of this asset marks West Shore’s 29th acquisition and its 13th in the state of Florida. The company’s expanding national footprint now includes…
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If you’re puzzling over how to increase property tours and leases, your property website may be the missing piece. Sure, your multifamily team posts dazzling photos and highlights the amazing amenities, but does the website invoke any strong emotions or inspire prospects to take action? Or, is the site simply an online brochure that’s static,…
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PHOENIX, AZ – Leon Capital Group has selected McShane Construction Company to provide comprehensive construction services for Kierland Apartments, a 202-unit luxury multi-family community in north Phoenix. McShane is also underway with Soltra at SanTan Village, a 380-unit multi-family development in Gilbert, Arizona for Leon Capital Group. We have a great working relationship with Leon…
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COLUMBUS, OH – Charles Street Development Corporation, a company focused on residential development, is preparing for their first move-ins at its luxury apartment community, Industry Columbus. The luxury apartment community offers unparalleled amenities to its residents, including the first and only community in Downtown Columbus to feature a rooftop swimming pool and hot tub, on-site…
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Existing-home sales data showing that housing market activity this May fell 9.7% from April 2020. May’s sales of existing homes dropped 26.6 % from May 2019.
There are two realities for the multifamily industry in a coronavirus world: Reality #1: The priorities and routines of your renters have shifted indefinitely. Reality #2: Your social media strategy can’t stop, it must adapt. Four months into the pandemic and it still seems we are all getting our bearings when it comes to being…
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MIDLAND, TX – The Michaels Organization announced that Chaparral Apartments, a critical affordable housing resource in Midland, Texas, is set to undergo an extensive renovation following a successful financial closing. The modernization of Chaparral will provide much-needed upgrades to the apartments and community amenities while preserving long-term affordability. “We are grateful to the City of…
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