Hermitage Apartment Homes

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  • May Employment Solid but Concerns Remain

    The United States economy added 138,000 jobs in May, according to the Bureau of Labor Statistics. The unemployment rate has now remained at less than 5 percent for a year, but the picture is not entirely rosy.

    20 June 2017 18:39
  • Residents and Public Transportation

    When apartments are located in urban—or even suburban or rural—residents sometimes cannot have a car and therefore must rely on public transportation. And when a community is in proximity to a bus or subway, it is often seen as an added bonus. MHN and Kingsley surveyed renters to see what they thought about their transportation options.

    07 September 2017 15:36
  • Waiting for Wage Growth

    Employment figures for June show 361,000 more workers were in the labor force than in May. However, consistently mediocre wage growth in the 2- to 3-percent range could impact the multifamily industry if it persists.

    18 July 2017 18:31
  • CityView, Dinerstein to Develop CO Luxury Apartments

    The proposed 350-unit, Class A development will be replacing an underutilized retail center at the site. Groundbreaking is scheduled for August 2017 and completion for mid-2019.

    19 July 2017 15:15
  • What Property Managers Can Learn from the New ‘Bachelor’

    Property managers can learn a lot about employee retention from how the show announced its new leading man.

    07 September 2017 20:17
  • Berkadia Closes $35M SoCal Apartment Sale

    A California-based investor purchased the 128-unit community in Fullerton. The multifamily asset last traded in 2012 for a little over $20 million.

    06 April 2017 14:32
  • New Solutions Spark Alternative Energy Advances

    Renewable energy is alive and well in California, according to industry panelists at Realcomm 2017 and management at the solar powered Solterra EcoLuxury Apartments.

    23 June 2017 18:43
  • The Top Sources of Ancillary Income

    At the 2017 National Apartment Association Education Conference and Expo, panelists discussed punitive fee-based charges and service upgrades at communities.

    20 September 2017 16:08
  • JLL Chief Economist Weighs in on Hurricane Harvey

    As the firm continues assessing the effects of the disaster, Ryan Severino provides an early forecast of its economic implications.

    08 September 2017 16:29
  • HFF Arranges Financing for Denver Property

    Located in Colorado Springs, Peak 4420 received a 10-year, fixed-rate loan. The 209-unit community had an occupancy rate of 99.5 percent as of August.

    26 September 2017 14:29