Tag: multifamily

83% of NAR Commercial Members Expect Stable to Improving Business in 2020

Among all respondents, 53% reported they expect business to go up and 30% reported they expect no change in the volume of their business.

The Impact of Venture Capital Funding in PropTech and its Affects on the Multifamily Industry

This piece stemmed from a session at NMHC’s OPTECH Conference, “Partnering with a VC firm on PropTech? Different Goals, Different Strategies”. Historically, innovation in multifamily has been said to be slow and plodding, and many argue that is still the case; however, new Venture Capital funding is changing the face of technology startups and creating…
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Home Price Gains by Years of Tenure

This study analyzes whether homeowners are more likely to experience a home price gain or loss during the period when they hold a home.

Bell Partners Acquires and Merges Two Adjacent Mid-Rise Multifamily Communities Totaling 722-Units in Frisco, Texas

FRISCO, TX – Bell Partners, one of the nation’s leading apartment investment and management companies, announced the acquisition of two properties in Frisco, Texas: The Emerson (410 units) and Emerson Court (312 units), on behalf of its Fund VII investors. These adjacent mid-rise multifamily communities will be combined into a single community and renamed Bell…
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Multifamily Innovation Truly Flourishes When Industry Members Collaborate

In many ways, the multifamily industry is built on competition. In the battle to sign new residents and get current ones to renew their leases, properties strive to have the best common-area amenities, the most appealing in-unit finishes, the best customer service and the most attractive move-in offers in their competitive set. But when it…
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The Three Things that Can Hamper Multifamily Innovation

The apartment industry has long been painted as one that’s afraid of change and reluctant to embrace new ways of doing things. That may have been true in the past, but when I look at multifamily today and the MICA session lineup, I see an industry brimming with ingenuity and an entrepreneurial spirit. Across the country, investors, operators and supplier partners…
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Harbor Group International Acquires Luxury Apartment Community in Growing Phoenix Submarket for $65.5 Million

SCOTTSDALE, AZ – Harbor Group International, a privately-owned international real estate investment and management firm, announced its purchase of Luxe Scottsdale, a 218-unit, mid-rise style apartment community in Scottsdale, Ariz., for $65.5 million. HGI plans to contribute approximately $418,000 to the property to improve curb appeal, modernize common area amenities and add technology packages to…
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Ways To Help Boost Your Confidence at Work

Whether you’re starting in a new role or facing challenges in your current one, everyone has moments where they might question their abilities. Building your confidence at work can go a long way to helping you be successful in your job.   It’s also the difference between career advancement and stagnation. If you show confidence…
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Inventory and Months’ Supply

Inventory and months’ supply are both indicators of housing supply. How do they affect the real estate market?

The Praedium Group Completes Purchase of 324-Unit Multifamily Community in Florida

SARASOTA, FL – The Praedium Group, a New York based national real estate investment firm, announced the acquisition of Oasis at Sarasota in Sarasota, FL. Chris Hughes, Principal of The Praedium Group, announced the investment firm’s most recent acquisition. Oasis at Sarasota was constructed in 2019; it consists of twelve 3-story garden style buildings and…
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