Effective rent growth in the U.S. apartment market increased again in July, and occupancy rates remained steady, according to data from research firm Axiometrics Inc.
In fact, annualized effective rent growth was 3.8 percent in July, marking a trend this year.
“Effective rent growth has increased for five straight months, but is still a long way from the summer of 2011, when the rate was in the 5 percent range,” Stephanie McCleskey, Axiometrics vice president of research, said in a statement. “O... read more
1) We know the market. We know how commercial leases should be priced in each sub market, and we can get you a fair price. We are also accustomed to negotiating, and can even score you a bargain. We also know the ins and outs of leases- there is much more to consider than monthly rent, including the amenities and allotted build-out budge. “It's not just about the lease rate, it's about the whole package,” said Ken Wedberg, a commercial agent at Realty Exchange.2) We get to know you. We sit down and do a... read more
Posted by realistiQ Support on June 28, 2012 in
LOS ANGELES, CA - Internet Brands today announced the acquisition of SatisFacts Research, the leading resident feedback, performance monitoring, and retention enhancement service provider in the multifamily industry. SatisFacts will be combined with ApartmentRatings.com, an Internet Brands property that is the largest source of online renter reviews and a key source of information for prospective residents.
Founded in 2000 by property management industry veteran Doug Miller, SatisFacts has established itself ... read more
On Aug. 16, Capital One announced it would acquire Beech Street Capital, a private originator and servicer of multifamily commercial real estate loans. With a successful history of acquisitions behind it, investors need to know if Capital One is poised to add to that count, or if this is another example of a bank overextending itself into a business it shouldn't be in.
Beech Street makes loans for apartment buildings, condominiums, and other properties, then typically sells those debts through three large governme... read more
Multifamily Demographics: Five Free Mapping Resources
by John Wilhoit Jr. on July 30, 2013
It’s no small task to add a demographic component to your knowledge base about a particular property or portfolio. Getting “granular” by creating layered demographic maps can be very expensive. The more detail requested the more expensive the mapping outputs.
Broad mapping outputs are generally free. County and city maps, for example, provided by the U.S. Census Burea... read more