Archive for September 2009
MARKET SNAPSHOT: Charleston Has Bottomed Out and is On the Rebound
The apartment market in Charleston bottomed out at the beginning of 2009, asserts Jenny Shelden Pauswinski, multifamily market analyst at Charlotte, N.C.-based Real Data, which tracks apartment markets in the major metro markets of the Southeast, including statistics on over 900,000 units.
Read MorePhase 1 of Lofts at Roosevelt Collection Now 70% Leased
-More than 70 percent of Phase One at The Lofts at Roosevelt Collection in Chicago have been leased. The project features 170 units.
Read MoreThe “Ifs, Ands or Buts” of Rental Screening
With rental vacancy rates at their highest levels since at least 1996, it is only natural that some property owners may “loosen” their standards during the rental screening process to increase occupancy levels. However, before taking such actions, property managers need to best understand how to assess their prospective residents in today’s new economic environment. To ensure a renter is both reliable and profitable, a property manager must look at several attributes in their profile.
Read More‘Gimme Shelter’ with Daniel Gehman: “Land ho!”
Ah, if only. People around here are fond of saying “God stopped making land a long time ago.” If not precisely scientifically correct, at least those words capture the emotional tone of the current predicament—we’re running out of dirt. Allow me to qualify. It’s not so much that there isn’t bare land available anywhere, but…
Read MoreHy-Lite/U S Block Windows Moves Vinyl Extrusion Purchases and Acrylic Block Manufacturing Back to U.S.
Contradicting the industry trend, Hy-Lite/U S Block Windows recently moved all their Hy-Lite vinyl extrusion purchases and acrylic block manufacturing out of China and back into the United States.
Read More‘Editor’s Notebook’ with Diana Mosher: What will ‘Smart’ Multifamily Look Like in 2050?
Over the weekend I attended the wedding of a high school friend—her second marriage and his first. While she has had other attractive proposals during the 10+ years since her divorce, this suitor was different. He shared her life-long dream of leaving the suburbs for an authentically rustic lifestyle in Vermont. We all know people…
Read MoreJumping on the Bandwagon, LaSalle Forms Partnership to Capitalize on Discounted Real Estate
As expected, price tags on commercial real estate around the world are dropping and LaSalle Investment Management is among the minority presently in a position to take advantage of bargains, the likes of which may not be seen again in decades. The Chicago-based firm has just formed a fund with the Austin-headquartered
Read MoreLow-Rise Condo Raises Brooklyn’s Green Profile
New York–What’s black and white and green all over…? The Silhouette. And, if all goes according to plan, this four-unit eco-friendly condominium in South Park Slope, Brooklyn will soon be the first low-rise LEED Platinum project in New York City.
Read MoreStudy: U.S. Can Look to Europe, Australia for Environmental Lessons
The United States can learn a few lessons in energy-efficient buildings and green jobs from Europe and Australia, according to a new study by the Rand Corporation. The research shows that steps taken by the two continents to inspect, rate, and publicly disclose the energy efficiency of buildings indicate the structures use less energy and are worth more when sold or leased.
Read MoreStudy: U.S. Can Look to Europe, Australia for Environmental Lessons
The United States can learn a few lessons in energy-efficient buildings and green jobs from Europe and Australia, according to a new study by the Rand Corporation. The research shows that steps taken by the two continents to inspect, rate, and publicly disclose the energy efficiency of buildings indicate the structures use less energy and are worth more when sold or leased.
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