Raleigh/Durham Apartment Market Performance Q1 2014

Huge Apartment Supply Wave is Testing Raleigh/Durham’s Demand Drivers

Raleigh/Durham was a hot target among apartment developers and investors coming out of the recession starting in 2010. How is the local apartment sector responding so far, and what’s in store ahead?

April 23, 2014 by Jay Parsons
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Green Expectations: Sustainability is a Sought After Amenity for Apartment Communities

The green tint of sustainability has enveloped the world and the multifamily industry and local governments are heeding the calls to limit the uses of natural resources and offer eco-friendly living experiences.

April 22, 2014 by Dan Gaddis
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San Diego’s Apartment Rent Growth Pace Accelerates

The San Diego apartment market is among the top 10 rent growth leaders for really big metros across the country in Q1 2014. Can the market sustain this momentum or will operators continue to push rents?

April 22, 2014 by Greg Willett
Portland Apartment Market Performance Q1 2014

Portland Apartments Appear Primed to Continue Posting Strong Rent Growth [Video]

Portland’s apartment market should continue to post strong rent growth over the next couple years thanks, in part, to a low volume of new development and healthy demand drivers.

April 21, 2014 by Jay Parsons
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New California Driver’s License Law Raises Fair Housing Issues for Landlords

A new California law allowing undocumented immigrants to get a driver’s license without presenting a birth certificate or Social Security card could have Fair Housing implications for landlords and property management companies.

April 18, 2014 by Tim Blackwell
Image of downtown Los Angeles - L.A. Apartment Market

Los Angeles Remains the Un-sexiest of the Sexy Six

The Los Angeles apartment market has yet to show consistently strong momentum since coming out of the recession. Is the City of Angels facing a “new normal” below the typical revenue growth levels of the mid-2000s?

April 17, 2014 by Jay Parsons
Successful Service Recovery

Resident Retention Tips: 3 Steps to Successful Service Recovery

No matter how hard we try, there will always be mistakes that affect our residents. In order to right the wrong, we must jump into service recovery mode—especially if we want to be successful property managers.

April 16, 2014 by Joanna Ellis
Austin Apartment Market Performance Q1 2014

Austin’s Apartment Market is Entering Uncharted Territory [Video]

For the first time in more than two decades, Austin’s apartment sector is expected to see big growth in both the local economy and in new apartment supply. Can Austin’s projected economic growth cushion the apartment sector from a 20-year peak in new development?

April 15, 2014 by Jay Parsons
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Look for Continuing Moderate Growth in Phoenix’s Apartment Market

The demand news for the Phoenix apartment market during the initial three months of 2014 was solid. However, the near-term outlook for the metro is only lukewarm.

April 14, 2014 by Greg Willett
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Pit Bulls Find Shelter in Fair Housing Act Against Breed Restriction Laws

Trained service and companion animals – including pit bulls and other restricted breeds – fall under Fair Housing rules. Denying a resident either of these could ultimately lead to potential fair housing liability.

April 11, 2014 by Tim Blackwell
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Affordable Housing Community Cuts Energy Costs by 20% with Help of Fannie Mae’s Green Program

LINC Housing leveraged a green refinance program from Fannie Mae to transform one of their affordable apartment communities into a model for how multifamily portfolios can save on energy and utility costs.

April 10, 2014 by Tim Blackwell
Nashville Apartments Performance Highlights Q1 2014

Nashville Apartment Sector Remains on a Hot Streak, But Supply Wave Looms [Video]

The Nashville economy is generating consistently more jobs than it has at any point over the last decade. That, combined with the strong demographic trends, has helped sustain tight occupancy rates and impressive rent growth. But it’s also led to a huge spike in apartment construction, and the first wave will start hitting the market later this year.

April 9, 2014 by Jay Parsons