Multifamily Archives - CRETECH
Los Angeles, CA, January 4, 2022 — Connect Media, a multi-vertical news, events,
creative services and educational company, acquired a majority ownership in
ApartmentBuildings.com, a national multifamily listing service company. Financial
details about the transaction were not disclosed. Scott Furman, founder of
ApartmentBuildings.com, will join Connect Media’s team, serving as President o...
Why has multifamily real estate historically proven to be a safe and reliable investment — and how should investors be thinking about multifamily in today's landscape? Alpaca digs into these questions and more in the latest installment of its Next Gen Real Estate education series on PropCo and OpCo opportunities ahead.
Adam Neumann’s new rental-apartment startup recently received a $350 million investment from venture-capital firm Andreessen Horowitz. That big check came with an unusual catch.
A venture of two New York developers has purchased a one-third empty office building in the city’s financial district with plans to convert it into apartments, one of the largest such conversion schemes to be laun...
There was a time when electric cars were easy to spot. First, there was the Toyota Prius hybrid, slowly followed by the Chevy Volt and the Nissan Leaf. A little over a decade later, Tesla introduced the Model S. While a handful of other models were introduced during the same period, it wasn’t until 2016 that new sales of electric vehicles (EV) and plug-in hybrid electric vehicles (PHEV) took off...
For CA Ventures multifamily properties such as 270 Hennepin, managing keys for over 300 apartment residents - for everything from move-ins, to guest visitors, vendors, packages, and amenity spaces - was daunting. The team needed a solution that was operationally easy for staff to adapt to while providing access control to tenants for a more convenient resident experience.
Recent data from MRI Software finds that the multifamily industry is shaking off the lingering effects of the COVID-19 pandemic. Its latest report shows significant increases in rent pricing for new leases in combination with a decline in concessions.
It is undeniably a most excellent time to be in the apartment rental business. High occupancy, waiting lists, and solid collections are the norm now that most systems are operating in a more normalized manner. Yes indeed, we all look like geniuses after weathering the COVID Storm. My sense is that most apartment operators are focused on renting apartments, collecting rent, and maintaining the asse...