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Archive for June, 2012
Multifamily construction lagging, progress still being made
A post in Multifamily Executive showed that while construction and other aspects of the multifamily industry have struggled through the first part of the year, property management companies still have reasons to be optimistic for the remainder of 2012 when it comes to growth.
Property sustainability needs work, says study
A study compiled jointly by Siemens Building Technologies Division and McGraw-Hill Construction showed that in order for most U.S. properties to be successful sustainability-wise, property management companies will need to do far more than what has been done at this juncture.
Going green driving commercial building
Pike Research reported that due to a recent spark in interest, more property management companies have attempted to increase the number of green developments undertaken.
Job growth drives multifamily market
Fannie Mae recently noted that the current multifamily market recovery situation largely depends on continued job growth, as it can allow commercial property managers to increase rents without hurting their bottom line.
Office market improving in Miami
A panel of commercial real estate professionals in Miami-Dade County recently noted that the local office market has made significant strides in the past few months, but property management companies may need to dial back hopes of a full recovery, as it could be ways off, according to Miami Today.
Market witnesses slow improvement for new construction
Globe Street recently reported that the American commercial real estate market has not witnessed an improved volume of new property construction, despite the present being the prime time for these figures to pick up, and this could be a concern to property management companies.
Apartment construction improves in Los Angeles
More commercial property managers in California may have noticed an improved situation in the Los Angeles apartment market, as new construction has ramped up in the city, according to The Wall Street Journal.
Many issues could stunt CRE recovery
Property management companies may want to keep an eye on a series of issues that could affect the commercial real estate market this summer, according to a report from CoStar.
Housing market improves, renters taking lead
A report from the Joint Center for Housing Studies of Harvard University showed that while property management companies have experienced a decline in rental vacancies, the housing market has made some progress due to consumers looking for affordability.
