By Tammie Smith (Richmond Time-Dispatch Article) — The priciest unit in newly built The Jane at Moore’s Lake apartments in Chesterfield County was rented before it was completed. The two-level penthouse unit has a spiral staircase that leads to a loft and walls of windows that look out on one of those infinity pools that look like the pool water’s edge...Continue reading »
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As wealthier, higher educated people show a preference for renting, apartment construction follows them. (NREI Online Article) — In spite of concerns about overbuilding, multifamily developers continue to plan new apartment projects in metro areas that have seen the influx of thousands of new apartment units in recent years. “Developers still...Continue reading »
Experts predict little change in either direction in the first half of the year. By Kerry Curry (NREI Online Article) — With late 2018 jitters gone and investor optimism returning, the commercial real estate market should experience mostly steady cap rates through the first half of 2019, although there are particular market segments and geographies...Continue reading »
As co-living properties prove successful in gateway markets, they are attracting more investor money. By Sebastian Obando (NREI Online Article) — Investors are showing a growing appetite for co-living start-ups, though multifamily sector experts doubt the co-living trend will disrupt the housing sector. Hundreds of millions of dollars have been...Continue reading »
After purchasing an older property, buyers usually ask themselves how they can make the units and common spaces more livable and more attractive. By Jeff Michael (MultiHousingNews.com Article) — Whether you invest in, develop or manage residential buildings, you’re always trying to make the most of your budget and invest wisely in your properties...Continue reading »
ATTENTION: Frustrated Real Estate & Stock Market Investors, This Book Is An Introduction On A Safer Way To Get Double Digit Returns On Your Money. Newly updated for 2014, this book will give you some strategies to increase your profit in the coming year, whether you’re just looking for a more secure way to get high returns on your money, you’re just starting...Continue reading »
Austin is losing some of its quality of life appeal as it attracts Silicon Valley giants. (Bloomberg Article) — Three years ago, Brin Chartier went to Austin, Texas, for the South by Southwest festival and decided she wasn’t going to leave. The then 27-year-old found a job at a tech startup and moved there the following year. “I fell in love,”...Continue reading »
A recent report by RENTCafe indicates that Americans over the age of 60 are now the fastest-growing group of renters. By Scott Sowers (MultiFamilyExecutive.com Article) — The notion of empty nesters selling out and moving to a retirement community may have a key detail wrong – many of them will be paying rent, not some version of a reverse mortgage. According...Continue reading »
