Archive for June, 2012

CRE loan boom could hurt recovery

An overabundance of loans for commercial real estate could hurt recovery.

While commercial property managers have seen impressive growth industry-wide during recovery, the U.S. Comptroller of the Currency recently warned that lending at too high of a rate for commercial real estate could actually set the country back into another recession.

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Planning important when purchasing property

Property purchases take significant planning.

An industry member recently spoke with Providence Business News regarding the need for a strategy when deciding to acquire a new property.

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Multifamily sales volume rises in May

Manhattan had the highest sales volume in the country.

The national sales volume for multifamily properties in the United States has improved so far in 2012, according to a report from Real Capital Analytics.

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Property management situations improve in 2012

The property management situation has improved.

Many property management companies may have experienced a better start to the year than during 2011, according to a report from TransUnion.

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Apartment market improves with little employment help

The apartment market has prospered.

A report from Axiometrics showed that the nation’s apartment market has improved markedly even with employment figures not increasing at rates typical for recovery.

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Tech company’s new management technologies prove popular

New technologies can help property managers better deal with issues.

MultiHousingNews recently reported that a new online product has been popular with property management companies, and may help improve management abilities.

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Affordable housing development situation may change

Affordable housing may experience changes.

A recent article from Affordable Housing Finance showed that property management companies who operate affordable housing developments may be affected by significant market changes.

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Boston CRE situation improves

Commercial real estate in Boston has improved for multiple reasons.

More property management companies with interests in Boston may have seen an increase in rentals, as the city’s commercial real estate market has improved significantly, according to Cushman & Wakefield.

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CRE companies experience higher rents, taxes

Rents have increased for many property owners, but so have taxes.

A report from the Building Owners and Managers Association showed that the commercial real estate market has has experienced both positives and negatives this year.

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Tech influx improves rents in Northern California

Tech companies have improved rents in San Francisco.

A report from Reis Inc. showed that multiple areas in California have experienced improved rents due to multiple tech companies making their homes in the area.

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