Tag Archives: business
Public Universities Turn To Private Sector To Develop Dormitories
Posted on 02. Feb, 2012 by Bryan Ives.
Public universities around the country are handing over the process of building and financing on-campus dormitories to the private sector. The increase in demand for state college education, strict states budgets and the ability specialized student housing companies possess to build residence halls faster and cheaper are some of the reasons behind the change.
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Landscaping Resources for Property Managers
Posted on 02. Feb, 2012 by Rob Maday.
Out of the countless ways a conventional landscape can become more “green” and sustainable, we’ve compiled a list of 3 suggestions with the best ROI for property managers.
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Two California Companies Develop Their Own “REO-to-Rental” Platform
Posted on 27. Jan, 2012 by Bryan Ives.
Following the announcement that the federal government will be implementing a pilot program in the first quarter to sell Fannie Mae, Freddie Mac and Federal Housing Administration REO homes in bulk to potential investors, two California companies are in the works to develop their own rental platform.
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How to Attract “Generation Y” Residents for Your Rental Properties
Posted on 23. Jan, 2012 by Marc Courtenay.
Believe it or not, there are up to 80 million people between the ages of 16 and 29 who will be filling your vacancies in the year ahead.
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Investors Favor City Apartments Over Suburban Communities
Posted on 19. Jan, 2012 by Bryan Ives.
Apartment building sales continue to remain strong, but in some areas investors are opting to invest in properties in cities rather than the suburbs. Two deals in the Boston area serve as a prime example.
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Top Reasons To Be Optimistic About Real Estate Market In 2012
Posted on 16. Jan, 2012 by Aaron Bosshardt.
Every agent I have has positive feelings about the year 2012. What’s even more shocking is that bank executives I have been talking to are positive for the first time since 2008. If you are a looking to perfectly time a long-term purchase of real estate, then this might well be the year to do it.
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NeighborWorks America Invests $1.3 Billion into Rental Homes
Posted on 13. Jan, 2012 by Bryan Ives.
NeighborWorks America invested over $1.3 billion in rental housing over the course of its fiscal year ending Sept. 30. The organization consists of 235 independent nonprofit organizations and owns or manages 90,000 rental homes. CEO Eileen Fitzgerald plans to build out the portfolio to exceed 100,000 rental homes through 2013.
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What Property Managers Need to Know Now About the Real Estate Market
Posted on 30. Dec, 2011 by Marc Courtenay.
Property managers need to streamline the application and screening process of filling vacancies. Finding good renters in this economy is becoming a numbers game. The better you know the condition of the housing market in your area, and the more potential renters you can reach and process, the more you’ll succeed.
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Most Expensive Manhattan Apartment rents for 165,000 a month
Posted on 19. Dec, 2011 by Bryan Ives.
After two years of renovation, one of Manhattan’s most expensive rental apartments foxtrotted its way onto the market.
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Bank of America looking into a Foreclosure Rental Program
Posted on 13. Dec, 2011 by Bryan Ives.
A new rental program where a home is rented back to the borrower after foreclosure has caught the interest of Bank of America.
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Celebrate the New Year with your Staff: 4 Fun Ideas
Posted on 08. Dec, 2011 by Marc Courtenay.
The year 2012 is almost upon us. You staff has worked long and hard to fill the vacancies, please the residents and fulfill the expectations of your clients. So it’s time to show them how much your appreciation while at the same time reinforcing their positive efforts to help your property management business to grow and “flourish.”
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Cypress Equity and Fifield Plan to Build 1,000 Apartments in Los Angeles
Posted on 07. Dec, 2011 by Bryan Ives.
Michael Sorochinsky , CEO of Los Angeles based Cypress Equity Investments and Steven Fifield, CEO of Chicago’s Fifield Cos., plan on developing 1000 new apartments in the Los Angeles area.
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Think Lodging Credit is Easy? Think Again
Posted on 02. Dec, 2011 by KTS-Law.
There has been a recent influx in lawsuits by employees in the property management business. After much consultation and defense of employers in this industry, it has become clear that many employers fail to correctly pay taxes on lodging credit. One of the major problems employers have is grasping the understanding that lodging credit is still “compensation” for tax purposes.
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Energy Benchmarking Program to Include Multifamily Housing in Seattle
Posted on 01. Dec, 2011 by Bryan Ives.
The owners of around 8,000 buildings in Seattle, Washington were recently notified that they are now required to take part in the city’s Building Energy Benchmarking and Reporting program.
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Don’t Be Like Seaworld
Posted on 30. Nov, 2011 by Lisa Trosien.
On a recent family vacation, we went to Seaworld (you probably guessed that by the title of this blog post). After paying the fairly hefty entry fee, we headed straight to the dolphins because they are my girl’s favorite at Seaworld.
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How to Select a Property Manager
Posted on 21. Nov, 2011 by Marc Courtenay.
A recent set of circumstances helped me to realize that property managers might want to know how owners and investors go about selecting a manager for their property.
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GoldOller Buys 2,200 Apartments
Posted on 31. Oct, 2011 by Bryan Ives.
GoldOller Real Estate and Investments, LLC recently acquired Timberlake Apartments and the Glades Apartments. The purchase is part of GoldOller’s private, open-ended apartment acquisition fund launched in January 2010.
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More Than 1,400 Attend RealShare Apartments Conference 2011
Posted on 27. Oct, 2011 by Bryan Ives.
The latest RealShare Apartments 2011 Conference drew over 1,400 executives from the multifamily industry. Many industry leaders presented throughout the daylong event, providing some valuable insights regarding current market influences and trends.
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Grow Your Property Management Business with New Investors
Posted on 20. Oct, 2011 by Marc Courtenay.
These are the “better times”, when interest rates are their historical lowest and the number of people needing rental housing is growing exponentially with each passing year. As one publication stated it, “However, in real estate, the right time, the most advantageous time, is always the present.”
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MFR and SFR Property Management
Posted on 12. Oct, 2011 by Mary Girsch-Bock.
While there are many companies that specialize in either multi-family property management or single family home management, some companies are able to do both successfully. If you’re currently making the transition from multi-family to single family home management, or are adding home management to your menu of services, there are a few things you will need to take under consideration:
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Let Your Owners Know You’re a Source for Real Estate News
Posted on 03. Oct, 2011 by Marc Courtenay.
Give owners some ideas on how they can take advantage of today’s real estate and financial trends. Impress them with your creativity and business acumen.
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Tenant Referral Fees
Posted on 30. Sep, 2011 by Mary Girsch-Bock.
Tenant referral fees can be a great way to increase occupancy rates without spending a lot of money advertising. There are many advantages to instituting a referral program, including the following:
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4 Easy Ways to Attract More Applicants for Your Vacant Rentals
Posted on 28. Sep, 2011 by Marc Courtenay.
Let’s look at 4 simple ideas that will motivate and facilitate the rental application process so you can draw a larger number of applicants like metal shavings to a powerful magnet.
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Protect and Grow Your Owner-Client Relationships
Posted on 07. Sep, 2011 by Marc Courtenay.
Little things mean a lot in the property management business. Maintaining a strong rapport with your owner-clients derives from focusing on those “little things” and attending to the details that forge lasting loyalty and satisfied clients.
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Marc Courtenay: Thank you Aimee. That is an excellent article....
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Aimee Miller: Here's an interesting article with even more stats...
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john: The problem is not a lack of inspections, but a la...
