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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,…
Cap & Interest Rates Infographic
Overview as of 2013
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…
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,…
Fall Checklist for Property Managers
With summer quickly coming to an end (sigh), the end of a season is always a great time to do some preventative and routine maintenance on your property. Having a fall checklist is crucial to avoid major problems during the harsh winter – the absolute worst time to have anything go wrong! Take a look…
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…