Marketing
Upcoming Webinar to Outline Legislative and Regulatory Trends in Submetering, Utility Management
Join us in a webinar that will address important legislative and regulatory trends that will impact submetering and other forms of utility and energy management.
‘What Renters Want’ with Jessica Fiur: How to Appeal to Helicopter Parents During Apartment Tours
Here are some ways to appeal to parents of people who are looking at apartments.
APARTMENT MARKET STATISTICS: May 2013
The prices of multifamily housing shot up to an average of $115,954 per unit in the fourth quarter, according to CoStar/PPR. Marcus and Millichap’s statistics for the nation’s top apartment markets show average rent increase of 3.0 percent in the fourth quarter.
Whispering Hills Apartment Complex Attracts Dallas Investor
The San Antonio multifamily market is of growing interest for out-of-town buyers. The region’s bright economic outlook has attracted a growing number of investors in the past 12 months.
Amstar and Allied Realty to Break Ground on 332-Unit Luxury Apartment Project in Central Denver
Locally-based real estate investment manager, Amstar has partnered with Allied Orion Holdings, a Texas- and Colorado-based apartment developer, and recently announced it will start construction on a 332-unit apartment project in the Highlands/Jefferson Park neighborhood of Denver, Colorado. The project, dubbed 2785 Speer is scheduled to break ground this month and is expected to be completed in the spring of 2015.
Crescent to Build Scottsdale Quarter’s First Multifamily Project
Glimcher Realty Trust, a retail REIT, and Crescent Communities, a Charlotte-based real estate investment, development and operating company, recently announced plans to break ground on a 275-unit, luxury apartment community in Scottsdale under a joint venture agreement.
Reinventing Older Properties
How to compete with the new crop of buildings hitting the market.
HFF Arranges $233 Million in Financing for 1,523-unit Breakers Resort
Holliday Fenoglio Fowler has recently announced that it has arranged $230 million in financing for The Breakers Resort in Denver. Working exclusively on behalf of The Bascom Group LLC, the borrower, the HFF team secured a $165 million first mortgage, a floating-rate loan which includes a three-year term with two, one-year extension options provided through Bank of America and CIBC.
‘What Renters Want’ with Jessica Fiur: Six Prospective Renter ‘Tells’
Potential renters often give off clues as to whether they’re interested in an apartment or not, and this knowledge could be helpful for leasing agents. Here are some of those ‘tells.’