Tag: multifamily

Signs of Slowing Unemployment; More Than Half of States Had Fewer Jobless Claims for Four Weeks in a Row

While jobless claims surged at unprecedented levels in March due to the Coronavirus outbreak, unemployment is continuously slowing in April in 26 states across the country.

Commercial Real Estate Research Advisory Board

These presentations were made to the Commercial Real Estate Research Advisory Board by Gay Cororaton and Amanda Riggs during the 2020 REALTORS® Legislative Meetings.

Three Leading Apartment Operators Talk Virtual Tour Traffic During Covid-19 Era

Virtual tours mean different things to different people – including apartment operators and prospective residents – so I spoke to Holli Beckman, Vice President of Marketing and Leasing Operations at WC Smith; and Melissa White, CAM, CAPS, Director of Property Management at Perennial Properties; and Kelley Shannon, Senior Vice President of Consumer Marketing, Bozzuto, about…
Read more

Realtors® Report That 77% of Potential Home Sellers are Preparing to Sell Following End of Stay-At-Home Orders

Home sellers are gearing up to list their properties with the reopening of the economy, with half completing do-it-yourself home improvement projects.

Linc Housing Moves Forward With Building Essential Supportive Housing for People Experiencing Homelessness

LONG BEACH, CA – Linc Housing announced the start of construction on Bloom at Magnolia, an all-new, 40-unit apartment community in Long Beach for people who have experienced homelessness. Located in the South Wrigley neighborhood in central Long Beach, Bloom at Magnolia is aligned with key concepts in the City s proposed General Plan Update…
Read more

Older Boomers: Single Females Buying Homes

Older Boomers, aged 65 to 73 years, made up 15% of all homebuyers in 2019. This group had the third-largest share of single female buyers at 22%.

100 Properties: A View into the Leasing Experience

I recently set out to visit 100 properties in 100 days. I wanted to get a truly informed understanding of the in-person experience that today’s prospects have. I wanted to see where the opportunities for improvement are and where leasing teams are knocking it out of the park. I genuinely went into it as a…
Read more

Every Home Sale Adds More than $88,000 to the Economy. How Do Home Sales Affect the Economy in Your State?

Real estate has been, and remains, the foundation of wealth building for the middle class and a critical link in the flow of goods, services, and income for millions of Americans.

EJF Capital and Chance Partners Acquire 284-Unit Multifamily Housing Community in Jacksonville Opportunity Zone

JACKSONVILLE, FL – EJF Capital and Chance Partners announced the acquisition of a 284-unit multifamily housing community under development in the San Marco neighborhood of Jacksonville, FL. The project, known as San Marco Promenade, is expected to be complete in the third quarter of 2020 in an area certified as an Opportunity Zone under the…
Read more

Discover a Vehicle to Invest in Real Estate Using Little of Your Own Money

How can you invest in real estate using little of your own money?  In this article, you will discover an amazing way of gathering investors that won’t break your bank. There a relatively unknown form of ownership to effectively gather active investors. It is called tenants-in-common (TIC).  It’s an easy, low-cost method of funding real…
Read more