News
Special Report: Opening Speakers at ULI Emphasize Need for Innovation
Can developers be innovative? While it’s not the priority since developers need to focus on what their customers want and therefore what makes development profitable, they can benefit from use of innovation, affirmed James Waring, executive chairman of CleanTECH San Diego, during the 2013 ULI Spring Meeting in San Diego.
MARKET SNAPSHOT: Vacancy Plummets as Tech Sector Booms in Salt Lake City
As markets across the country begin to approach plateaus in terms of occupancy and rent growth, Salt Lake City is continuing to see sharp declines in vacancy and steady hikes in pricing.
Economy Watch: Home Buildings More Cheerful (or Less Glum)
The National Association of Home Builders reported that its housing market index increased three points in May to 44.
TODAY’S DEALS: NGKF Sells Two Massachusetts Properties
NGKF sells two assets for a combined $32.5 million; Northmarq arranges acquisition financing of $34.7 million; and Grandbridge Real Estate Capital closes three seniors housing transactions totaling $23.5 million.
Work Starts on Three SoCal Apartments
Mill Creek Residential has broken ground on three multifamily communities in southern California, which will total 713 units when completed over the next two years. The three properties are in Glendale, Laguna Niguel and Irvine.
Yardi Joining Revenue Management Experts at 2013 NAA Conference & Expo Discussion
Yardi announced its participation in a session at next month’s 2013 NAA Conference & Expo that will offer insight into how managers of rental properties can maximize revenue with automated revenue management systems.
AMCAL Multi-Housing Begins Construction on Hollywood Affordable Community
AMCAL Multi-Housing has just started construction on a 40-unit affordable property called The Argyle Apartments, a development in Hollywood, Calif.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 7.3 percent from one week earlier,according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 10, 2013.
‘What Renters Want’ with Jessica Fiur: Should You Allow Residents to Occasionally Break Lease?
Is there ever a valid reason to let a renter out of a lease early?
RentPaidOnline™ Receives Yardi Voyager Qualification
RentPaidOnline (RPO) announced it has completed the “Yardi Voyager Qualification” process.