Tag: multifamily

Watercrest Senior Living Group and Titan Development Celebrate Opening of Assisted Living and Memory Care Community

VERO BEACH, FL – The leadership team of Watercrest Senior Living Group and Titan Development Real Estate Fund I announced the opening of Watercrest Winter Park Assisted Living and Memory Care. The 107-unit, resort-style senior living community is now welcoming its founding residents to their new home in beautiful Winter Park, Florida. Watercrest Winter Park…
Read more

Reopening Multifamily: Lead with Compassion when Returning to Work

Multifamily workplaces around the country are wrestling with the challenges of reopening their offices. According to research by SHRM, 50% of employers plan to return to the workplace by July 15, and 39% will implement a phased return to work strategy. As multifamily housing operators make their return to work plans, leaders should adopt a…
Read more

Rastegar Property Company Completes Land Assemblage for Mixed-Use Development in Renowned South Austin Neighborhood

AUSTIN, TX – Rastegar Property Company, a technology-enabled private real estate investment firm focused on value-add and development in all asset classes throughout Austin and the Southwest United States, announced the acquisitions of 505 and 507 W. Live Oak Street in South Austin, Texas. Sitting just two miles from the heart of the City s…
Read more

Rent Declines Are Accelerating as Pandemic Goes On

With every state starting to re-open in various ways, we are still seeing improvements in some metropolitan statistical areas (MSAs) in terms of traffic and leases, and mixed results in other areas. During the week ending on May 27, for example, Atlanta, Austin and Orlando showed week-over-week (WoW) improvement in leases signed. Meanwhile, Phoenix, Houston…
Read more

West Shore Continues to Build Multifamily Portfolio in North and South Carolina With Recent Apartment Community Acquisitions

BOSTON, MA – West Shore, a fully integrated, multifamily real estate investment firm, has acquired two Class A multifamily communities in the Carolinas. With the addition of Plantation at Pleasant Ridge in Greensboro, North Carolina, and Town Center at Lake Carolina in Columbia, South Carolina, West Shore now owns and manages seven properties across the…
Read more

April 2020 Existing and Pending Home Sales

Record-low mortgage rates are likely to remain in place for the rest of the year, and will be driving housing demand as state economies steadily reopen, but more listings and increased home construction will be needed to tame price growth.

Is Your Fall Revenue Management Playbook Ready?

Each week we have been summarizing insights from our weekly “downturn” round table conversations. This week we share a few highlights of our most recent call (May 27).  On our most recent call, we continued what is now an almost 2-month long trend as participants reported consistent improvement in leasing: [Denver based] Last week’s leasing was fantastic.…
Read more

Navigating the Economy & Housing Market Through COVID-19

NAR Chief Economist, Lawrence Yun, shares economic updates and market trends for REALTORS®, buyers, and sellers.

Covid-19 Expected to Create a Spike in Emotional Support Animal Requests & Other Resident Pet Trends

Innovation and creativity are taking over the consequential apartment pet policy landscape for owners and managers– and we’re not just talking about pet parks. Property management professionals and a pet screening service partner for the apartment industry discussed the latest and greatest in guidelines and marketing as part of the Joshua Tree Group’s Apartment Internet…
Read more

CIM Group Tops Out Construction of 257-Unit Mixed-Use Multifamily Development in Miami’s Evolving Wynwood Arts District

MIAMI, FL – CIM Group announced that it has topped out construction of the two eight-story towers set above the ground floor retail and three levels of office space which comprise CIM s significant mixed-use development at 2201 N Miami Avenue in the Wynwood Arts District of Miami. The development, which is a major contributor…
Read more