Tag: multifamily

FCP Announces $71.1 Million Acquisition of Three Multifamily Communities Totaling 652-Units in Atlanta, Georgia

ATLANTA, GA – FCP announces the $71.1 million acquisition of three apartment communities in Douglasville and Austell, GA in the Atlanta Metro Area. The communities include: Place at Midway, a 200-unit apartment community in Douglasville, GA; Stewart’s Mill, a 188-unit apartment community in Douglasville, GA; Forest Glen, a 264-unit apartment community in Austell, GA. The…
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Where do millennial renters outcompete older generations?

Where do millennial renters outcompete older… Nationwide, 34% of the millennial renters can afford to buy the typical home compared to 40% of Gen X renters. By:  Nadia Evangelou

How to Manage the People Side of the Coronavirus Emergency

I know. I know. If you’re like me you may be tired of hearing about the coronavirus or COVID 19 emergency. You may just want to quarantine yourself for the next 14 days with a case of wine (or your favorite beverage), great food, lots of toilet paper and binge watch ALL of your shows…
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Affirmed Housing Opens Supportive Housing Community at Villas on The Park in Downtown San Jose for Formerly Homeless

SAN DIEGO, CA – Affirmed Housing, People Assisting The Homeless (PATH) Ventures, elected officials, and development partners celebrated the Grand Opening of Villas on the Park in downtown San Jose, CA. The highly anticipated project opening included speakers: Cindy Chavez, Santa Clara County Supervisor; Mayor Sam Liccardo, City of San Jose; Councilmember Raul Peralez, City…
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NAR Flash Survey: Commercial Economic Pulse

The report looks at the effects on leasing, purchasing, and building practices such as offering more hand-sanitizer or requiring more frequent cleaning.

Survey Finds Nearly 1 in 4 Home Sellers Changed How Their Home is Viewed on the Market Due to Coronavirus Outbreak

The changes include stopping open houses, requiring potential buyers to wash their hands or use hand sanitizer, asking buyers to remove shoes or wear footies, or other changes.

29th Street Capital Marks Its 10th Atlanta-Area Acquisition with Knollwood Park Apartment Community in Lawrenceville

LAWRENCEVILLE, GA. – 29th Street Capital (29SC), a privately-held real estate operator, has acquired Knollwood Park Apartment Homes, a 1998 vintage, 142-unit multifamily community located in Lawrenceville, Georgia. 29SC plans to complete full interior renovations, upgrade the amenity spaces and modernize the exterior of the property. We are excited to be growing our portfolio in…
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Value Over Risk: Increase Revenue By Evaluating Pets on an Individual Basis

As a property manager, it’s only natural to think of things in terms of risk. Whether it’s the new diving board at the resort-style pool, the transition to a keyless entry system or a modification to the types of pets allowed at the community, you can bet the associated risks don’t easily evade the property…
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Campus Advantage and Stark Enterprises Announce Joint Acquisition of Two Student Housing Communities in Gainesville

GAINESVILLE, FL – Campus Advantage, an industry leader in student housing property management, consulting, and investment management; and Stark Enterprises, a full-service, real estate developer located in Cleveland, Ohio, announced the acquisition of Campus View Place and Lyons Corner — two student housing properties located near the University of Florida in Gainesville, Florida. This is…
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Areas Where Single Women Own More Homes Than Single Men

Single female buyers accounted for the second-largest segment of the homebuyers at 17%, right after married couples. NAR identified the metro areas with the highest homeownership rates for single women.