Tag: multifamily

Land Sales Rose 2% in 2019, With Steady Growth in 2020, According to RLI-NAR Survey

The dollar volume of land sales and land prices per acre rose across all land types during the 12-month period of October 2018–September 2019.

Why Multifamily Can’t Ignore Smart Home – and How to Implement It Successfully

Apartment operators can be a cautious group. They often are slow to embrace new technologies and new processes. But when it comes to smart home solutions, the time has come for multifamily owners and managers to embrace the new era. The reasons for doing so are powerful. Put simply, residents like them – and they…
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Transcontinental Realty Investors Starts Lease-Up at 256-Unit Dominion at Mercer Crossing Apartments in Farmers Branch, Texas

DALLAS, TX – Transcontinental Realty Investors, a Dallas based real estate investment company, announced that Dominion at Mercer Crossing Apartments are complete and currently in lease-up. TCI affiliate Abode Properties Services is providing asset management guidance for this class A property located at Mercer Crossing in Farmers Branch, Texas, located near TCI-developed Lakeside Lofts. The…
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February 2020 Commercial Real Estate Market Trends and Outlook

Survey respondents reported commercial dollar sales volume rose 4% in 2019 Q4 from one year ago, new leasing dollar volume rose 3%, and commercial development (in square feet) rose 5%.

Pending Home Sales Skid 4.9% in December

Each of the four major regions reported a drop in month-over-month contract activity, with the South experiencing the steepest fall.

Herman & Kittle Properties Launches New 209-Unit Apartment Community in Downtown Columbus, Indiana

COLUMBUS, IN – Herman & Kittle Properties announced the opening of Ashford Park Apartments, a brand new apartment development in downtown Columbus, Indiana. Ashford Park is currently taking applications for its 209 apartment homes. Ashford Park is a new development conveniently located in downtown Columbus just north of 10th Street. Its 209 apartments feature one-bedroom…
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Welcome To The Marketing Team!

Welcome to the Marketing Team. Marketing is not a department, states Jason Fried in his book Rework.  It’s described in a post by Vincent Huberta, ”Marketing is something everyone in your company is doing 24/7/365.“ An important criteria for maintenance interview is the responsibility of customer service.  This new team member will represent the community.  Maintenance,…
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Bank of Mom and Dad

The aspiring buyer faces record-breaking low inventory levels, rising rents, and student debt loads that make it difficult to save. But for some, there is a way that does help: they turn to the trusted bank of mom and dad.

Multifamily Construction Starts Down Seven-Percent in 2019 According to Latest Report

HAMILTON, NJ – According to Dodge Data & Analytics, total construction starts in the final month of 2019 dropped 21% from the previous month to a seasonally adjusted annual rate of $800.4 billion. The sharp decline was largely a response to hefty gains posted in November s utility and manufacturing sectors. When removing the influence…
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Brandon Hardin