Where Should We Park?
NATIONAL NEWS Watch out Walmart and Target…Amazon Prime Day is coming. Amazon is mixing it up this year by offering $10 in online credit for Prime Day if you spend a minimum of $10 at Whole Foods. Prime Day is slated for July 15 & 16th. Over 100 million products were purchased last year on Prime […]
Bring the Beach to You
MULTIFAMILY NEWS Homes are getting smarter. According to data from Statista, in 2019, more than 33% of U.S. homes will have some type of smart home technology. Expected revenue in smart technology is to exceed to $44b in 2023. What does that mean for multifamily builders? They’re rushing to deliver smart home packages. From smart speakers to lighting and […]
What are the Most Expensive Office Markets?
MULTIFAMILY NEWS New York passes a major overhaul on rent laws leaving the real estate industry stunned. What it means? The new laws make it difficult to evict non-paying tenants. In addition, landlords will be under tighter restrictions to increase rent after improving buildings. The days of increasing rent as much as 20% on a new lease are over […]
Startup Using Uber for Flipping Properties
MULTIFAMILY NEWS Pittsburgh, the City of Bridges is on the rise. According to a Yardi Matrix report, housing demand is high and supply is relatively low.Pittsburgh is continuing to provide high returns for investors (as high as 9% for value-add deals) and rent is expected to rise 2% in 2019. Across the Pond. According to MultiFamilyBiz, Greystar […]
You Can Now Pay Rent Online
MULTIFAMILY NEWS Robert Morgan of Morgan Management, one of the largest multifamily owners in the country has been accused of a Ponzi Scheme. Allegedly, Morgan directed employees to falsify financial documents to get bigger loans. Investors in the scheme are owed $63m according to the SEC. Pay your rent online. With more than 43 million households paying […]
Rvs Outside of Google and High Rent
plus – retail real estate, DFW, and Amazon safety.
Start Your Own Delivery Company with Amazon
MULTIFAMILY NEWS Here are the best and worst performing cities for Real Estate Investment according to tech company, Compound. The results are based on Q1 2018 to Q2 2019. -Indianapolis, Indiana -Cincinnati, Ohio -Kansas City, Missouri -Charlotte, North Carolina -Dallas Fort Worth For data’s sake, Indianapolis saw a 12% year over year appreciation followed by 8.37% […]
Top Multifamily Properties
MULTIFAMILY & TECHNOLOGY NEWS The Online Reputation Assessment released it’s top properties in the U.S. Here they are based on states:–2701 Connecticut. Washington, DC. Managed by WC Smith. –Sycamore at Tyvola. Charlotte, NC. Managed by Switzenbaum & Associates –The Kensington. Boston, MA. Managed by Bozzuto. –The Retreat at Trinity. New Port Richey, FL. Managed by Greystar. –500 Crawford. Houston, […]
What Do Renters Really Want?
MULTIFAMILY & TECHNOLOGY NEWS Marriott versus Airbnb. The hotel behemoth is entering the same space as Airbnb; home-sharing. After testing a successful pilot program in Europe, Marriott will bring ‘Tribute Portfolio Homes’ to the U.S. with more than 2,000 rooms in high-end homes. Shipping Wars. We’re not talking about the A&E show. Amazon announced its plan to invest […]
Chick-fil-A Versus Airports
MULTIFAMILY & TECHNOLOGY NEWS The tech industry is seeing growth in some unexpected places. According to the latest CBRE Tech 30 report, the tech industry is responsible for 1/5th of all office leasing activity. Here are 5 emerging tech markets to keep an eye on.-Colorado Springs -Kansas City -Ottawa -Sacramento -Tampa Airbnb is leading […]
Can Virtual Reality Save Retail?
MULTIFAMILY NEWS If you build it, they will come. Florida and the Southeast markets dominated the multifamily sector in Q1. Four markets in Florida ranked among the top 15 in the country. Those include Tampa / St. Petersburg, Orlando, Jacksonville, and South Florida.Why Florida? Sunshine, no state income tax, and a thriving job market appear to top the list. […]
Delayed Marriages are Helping the Multifamily Industry
MULTIFAMILY NEWS WalletHub just released its most liveable capital cities. Ranking factors include affordability, economic well being, quality of education and health, and quality of life.Did you make the list? 10. Des Moines, Iowa 09. Cheyenne Wyoming 08. Denver, Colorado 07. Concord, New Hampshire 06. Bismarck, North Dakota 05. Lincoln, Nebraska 04. Madison, Wisconsin 03. […]
