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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,…
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…
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…
Steps to Sustainability in Retail Real Estate
“Going green” is a hot theme nowadays. Many people are becoming more aware of their surroundings and are opting to incorporate energy saving and green ideas in all aspects of their life; from their house, to car, and in new construction. Yet, what about commercial real estate? Retail property managers have an arsenal of tools…
Where Apartments Are Heading in 2016
There is no denying that 2015 was a remarkable year in the multifamily sector of real estate. Vacancies were low, rent growth was high, and the number of renters rose by 1.8 million. Records were broken throughout the year and Americans paid nearly $20 billion more in rent in 2015 than 2014. So, with 2015…
Commercial Real Estate Due Diligence Process –What You Should Be Checking
Commercial real estate is extremely different than the purchasing of residential real estate. According to CRE Online, commercial real estate value is determined in an inverse proportion to the degree of risk inherent to the continuance and stability of the income stream from the property. Also, with commercial real estate, you are putting much more…

