CHATTANOOGA, TN – Mission Rock Residential is continuing its eastern regional growth, announcing a new management contract for Bluebird Row Apartments in Chattanooga, Tennessee. The company has been issued an agreement for the management of the community by Bay Area-based multifamily investor Hamilton Zanze Real Estate Investments. “We couldn’t be more excited to have this…
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Each of the four major regions saw an increase in month-over-month contract activity, as well as growth in year-over-year pending home sales transactions compared to one year ago.
BEND, OR – Security Properties and a university endowment purchased Outlook at Pilot Butte, a 205-unit, Class-A multifamily community located in Bend, OR for $52,000,000. This is Security Properties’ third acquisition in the Bend market. Outlook at Pilot Butte is conveniently located on Bend’s eastside just a five minute drive from Downtown. The property is…
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I often think of the economy as a metaphorical set of pipes with money (the “water”) flowing through them. Recessions typically happen when the pipes “clog,” causing the water to flow well below its normal pressure. Governments have to respond, taking actions to “unclog” those pipes to get the “water” flowing again. But the recession…
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BOWIE, MD – Balfour Beatty Campus Solutions, a leading developer and operator of infrastructure projects for the college and university market, announced that financial close has been reached on a public-private partnership (P3) project at Bowie State University to deliver an on-campus housing community that will also feature an entrepreneurship center designed to house University-run…
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It is quite clear that the coronavirus has made an undeniable impact on our daily lives. The amount of information flowing through the media has people running rampant. Meanwhile, everyone is trying to figure out the best ways to prepare themselves in any way they can. Social distancing, isolation and self-quarantine have caused people to…
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Tracking Jobless Claims by State The Labor Department reported that the number of Americans filing claims for unemployment benefits shot to a record of more than 3 million last week. By: Nadia Evangelou
VIRGINIA BEACH, VA – Mission Rock Residential, a national multifamily property management company, is further expanding its presence on the eastern seaboard, announcing a new management contract for Indigo 19 Apartments in Virginia Beach, Virginia. The deal marks the addition of the eighth property to Mission Rock’s portfolio in the state of Virginia. “Virginia Beach…
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This report presents key results about market transactions from the February 2020 REALTORS® Confidence Index survey.
Today’s realities point to a host of uncertainties facing otherwise responsible residents: Will I keep my job? Will my hours be reduced? Will I be able to pay my rent? What you do today will impact cash flow, earnings, and your corporate reputation. As such, it’s critical for property owners and managers to take…
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