John Randall

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    Attracting a new customer is five times more expensive than retaining an existing one. This underlines the importance of delivering a five-star experience that leads to a stronger community and connects with residents on a new level.

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    Nexa, located in North Tempe, Ariz., consists of 399 units and 4,300 square feet of ground-floor retail. The community is part of a larger redevelopment plan for the Apache Corridor.

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  • Economy Watch: Interest Rates Stay Still

    As widely expected, the Federal Open Market Committee maintained the target federal funds rate at 1 percent to 1.25 percent. The committee noted the likelihood of gradual rate increases down the line.

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    Hunt Mortgage Group arranged a $10 million acquisition loan for the 192-unit The Richland Apartments in San Antonio-New Braunfels.

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  • 4 Tech Upgrades to Attract Millennial Renters

    Commercial property owners or managers who want to corner the Millennial market are wise to focus on technological amenities—especially those that deliver Internet of Things connectivity.

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