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How to be Successful in Investing in Commercial Real Estate

Commercial real estate is an industry that holds true to the saying “with great risk comes great reward.” Now, it is true that commercial real estate can obtain a quicker, higher return on your capital; yet, it can be tricky to navigate. Here are some things to keep in mind when investing in commercial real estate. Do Your Research Whether you are considering purchasing an apartment building/ complex, office, or retail, take the time to think about which one will help …
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Posted in Blog, Commercial Real Estate |

Millennials Are a Major CRE Focus

By: Ian Ritter Now that the millennial generation has entered the workforce in a big way, there is a lot of talk about its impact on commercial real estate.  We heard a lot about this recently at Connect Los Angeles and it’s clear they are influencing every facet of the industry. This sentiment was echoed by Alan Cooke, a vice president of the popular workout concept SoulCycle who said that Downtown Los Angeles is especially attractive for the New York …
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Posted in Blog, Commercial Real Estate |

Why We Still Use Checkbooks to Pay the Rent

Written by: Patrick Clark In 2007, Arlington (Va.)-based property management company AvalonBay Communities made a seemingly obvious decision. The company stopped accepting rent at its apartment buildings, and started making tenants send payments to a centralized office. Renters could put checks in the mail or use a new online system to transfer payments from one bank account to another. “We were unique,” says Mona Stahling, senior vice president for operational services, adding that in-person check payment was still an option …
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Posted in Blog, Commercial Real Estate, Property Management |

5 Min Guide: 2014 U.S. Multifamily Overview & Predictions

Posted in Blog, Commercial Real Estate |

Spring Cleanup: Indoor and Outdoor Musts for Property Managers

Spring is almost here and now is the time for property managers to do some routine maintenance before the spring showers hit and then the stifling summer heat comes. Here are some indoor and outdoor musts to keep your property up-to-date. Inspect HVAC Systems – Inspect and clean the system’s filters and coils to make sure that they are free of dust and debris. Also, inspect the filter and change out if needed. Liven Up the Landscape – Remove and …
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Posted in Blog, Property Management |

Tips and Tricks for Marketing and Leasing Apartments Easily

As the snow starts to melt away and the days are getting just a little warmer, that means that apartment leasing season is about to hit. So, when competing with a lot of apartment complexes, how do you get yours to stand out, especially if it is not the newest built complex with all the bells and whistles? Here are a few tips and tricks that can help anyone market and lease apartments! Online Presence Nowadays, the first place people …
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Posted in Blog, Commercial Real Estate |

Commercial Real Estate Lingo – 10 Terms You Need to Know

Every career field has its own lingo and sometimes we come into a field that has a lot of jargon. Commercial real estate is one of those fields and if you don’t have a background in it, the feeling of understanding what’s going on can become overwhelming. After being at my job for over 6 months, I thought it was a good time to share the 10 most common words in commercial real estate that everyone should know. Building Classifications …
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Upgrading Apartments Without Upsetting the Bank

With an estimated 300,000 new apartment units being built every year, older apartment complexes can be a turn off to renters, especially if they are outdated. New apartment complexes are being built with all the bells and whistles to attract millennials who tend to have high expectations of living arrangements. So, while these Class A apartments are thriving and getting premium rent, Class B and Class C can potentially fall behind in maximizing rent. However, there are a few simple, …
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What to Expect in Commercial Real Estate for 2015

2014 was the year for commercial real estate growth. Multifamily sector soared to new records, industrial demand outpaced supply, and retail transaction price were up significantly in various regions of the United States. So, while there may not be a magical crystal ball that can tell us how commercial real estate will fair in 2015, here are a few potential trends according to ULI’s new book, The Investor’s Guide to Commercial Real Estate. Continued low supply. New supply is at …
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Posted in Blog, Commercial Real Estate |

Moving Millennials: How They Are Shaping the Multifamily Industry

Millennials will dominate the workforce by 2015 and will comprise 75 percent of the workforce by 2030, according to the U.S. Bureau of Labor Statistics. With the increase of millennials in the workforce, one would assume that the housing market will strengthen. Not quite. The dreams of graduating college, landing a good job, getting married, and buying a house have shifted dramatically with this generation Why? Well, first off many are graduating college with substantial student loan debts delaying saving …
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Posted in Blog, Commercial Real Estate |