“O” in the Senior Housing is More Than Bingo Series. Outreach Marketing for Seniors has changed. Connecting with today’s active independent senior requires a different focus in advertising campaigns. It requires adjustments to the advertising efforts to capture their interest. In the past, advertising for seniors was largely built around the strong influence of health…
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Although the Midwest saw sales decline, the other three major U.S. regions reported meaningful growth last month.
NEW YORK, NY – Aragon Holdings, and Harbor Group International (“HGI”), announced that affiliates of HGI have purchased a portfolio of 36 apartment properties comprising of 13,243 units from Aragon for $1.85 billion. The acquisition is the 5th largest apartment portfolio sale ever, and the largest since 2016. The deal is part of Aragon’s broader…
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MAITLAND, FL – KETTLER announced the acquisition of Town Trelago, a 350-unit lakefront garden apartment community located in Maitland, Florida. Construction was completed on the 20-acre community in 2019. Town Trelago was purchased by KETTLER on December 11, 2019 and is managed by Pinnacle. Town Trelago features desirable lifestyle amenities such as a lakeside infinity…
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Real Estate portfolios strive to increase asset value by pursuing renovations and other strategies. Yet the tools available to manage such strategies haven’t changed dramatically even as technology has continued to evolve. To understand the pros and cons of the various available tools, one needs to understand the key criteria considered to renovate. Then, one…
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JACKSONVILLE, FL – Carter Multifamily (CMF) announced the sale of a 168-unit multifamily property, Peppertree Lane, located at 2800 S. University Blvd. in Jacksonville, Florida for $16.2 million on December 20, 2019. Carter Multifamily purchased Peppertree Lane on April 25, 2018, for $12.0 million. During the 20 months CMF owned and operated the 1971-built community,…
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70% of all REALTORS® volunteer in their community, and the typical REALTOR® who volunteers is 53 years old.
ST. PAUL, MN – CAPREIT, a fully integrated real estate operating company responsible for the ownership and management of more than $5 billion of multifamily assets, announced it has acquired Parkway Gardens, a senior affordable apartment community located less than three miles east of Downtown St. Paul. CAPREIT will renovate the five-story community, which features…
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I’m in the multifamily industry in St. Louis, MO and have been for almost 30 years. It seems we have an ongoing, common issue with getting and keeping good maintenance techs. With so many property management companies losing & needing great maintenance techs, I posed the question on our facebook page as to why…
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When buying a home, most buyers focus on the down payment costs, but budgeting also needs to be done for closing costs.
