John Sullivan

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  • Economy Watch: State Unemployment Rates Mostly Flat in June

    Thirty-eight states and D.C. had stable unemployment rates for the month, while 10 states saw decreases and two states saw increases, according to the latest Bureau of Labor Statistics report.

    24 July 2017 12:59
  • RADCO Picks Up 7th SC Asset for $23M

    RADCO plans to invest $3 million to renovate Radius at West Ashley, a 198-unit Charleston asset previously owned by Raia Properties.

    17 August 2017 15:52
  • The June Digital Issue of MHN is Now Available!

    This month offers a special focus on student housing, including a review of the latest security tools, an evaluation of debt and equity sources, and some new lease management techniques for the Mobile Age.

    07 June 2017 11:55
  • JV Lands $40M Twin Cities Affordable Community

    Aeon and The Community Development Trust purchased Seasons Park Apartments, a 422-unit community in Richfield, Minn. The transaction marks Aeon’s largest acquisition and the second-largest investment for CDT.

    25 September 2017 16:58
  • Renewable Energy

    08 August 2017 16:29
  • High Street, Olympus Take TX Luxury Community to Next Phase

    The first units at Union at Carrollton Square Phase III are expected to be open for occupancy in late 2018. In addition to the 352 apartments, the developers are scheduled to deliver more than 4,000 square feet of retail space.

    22 September 2017 20:59
  • Marcus & Millichap Leads Orlando Community Sale

    The company worked on behalf of the seller, an Orlando-based private group, for the 80-unit property sale. The community was 97.5 percent occupied as of May.

    20 June 2017 14:56
  • Construction Industry Backlog Up

    The amount of construction work under contract but not yet completed rose to nine months, according to the Associated Builders and Contractors latest Construction Backlog Indicator, implying expanding demand for construction services, or a shortage of construction labor in a few markets.

    27 June 2017 13:12
  • Portland’s Charm

    The city's multifamily demand remains elevated, fueled by a healthy job market and an influx of young people for professional and lifestyle purposes.

    01 June 2017 08:03
  • 6 Suggestions for Resident Retention

    Securing the move-in is only the first step toward building a relationship with a new resident. As time goes by, one of the true indicators of property success is the number of residents that renew their leases.

    20 October 2017 16:30