Great news from Multifamily Executive Magazine!
With Minneapolis Mayor R.T. Ryback and city council members on hand, Village Green Cos. CEO and chairman Jonathan Holtzman joined other members of a development team to break ground late last month on Mill District City Apartments, a 175-unit, mixed-use, market-rate rental community targeted for completion and lease up [...]
Archive for iowa
Signs of Life: Multifamily Developers Resume Construction
Global Real Estate Monitor Report- Multifamily Outlook
Recently the Global Real Estate Monitor released a report stating multifamily owners face challenges today but better times are ahead!
The article goes on to talk about “weak demand” and the lower employment and jobs. Fortunately we in the Midwest don’t see these problems like the major metropolitan areas around the country. Yes we lose jobs [...]
Price improvement – Willowbrook Apartments
The price has been improved on the 72 Willowbrook Apartments (condos)
See the attached summary package and contact us for more details or questions.
Willowbrook Package – Aug 2009 summary
Iowa ranks No. 2 on Happiness Index
Iowans — what makes you happy? A new survey by http://www.MainStreet.com ranks Iowa as the second happiest state in the Union, following only Nebraska. The Web site rated states on their financial health — unemployment rates, foreclosure rates, and non-mortgage debt compared to income. [...]
Multifamily Real Estate Trends
As banks and other lenders await the shake-out from an economic stimulus package, credit is tight, and many potential first-time homebuyers are still on the sidelines, continuing to rent apartments. As a result, the multifamily market is maintaining resiliency. George Ratiu, Research Economist, gives us an overview of the multifamily sector. Read [...]
Final Tally for Multifamily is Grim in the Fourth Quarter
For months now, apartment executives and industry watchers have lamented what they’re seeing in the marketplace—laid-off workers moving out to find cheaper places to reside and new renters bargaining for more concessions. But only now, as data from the fourth quarter trickles in can we fully understand the carnage that closed out 2008.
Read Full [...]
Help on the way for Cedar Rapids landlords
Hot off the press today from the Cedar Rapids Gazette
from GazetteOnline – News Headlines
CEDAR RAPIDS and The City Council last night hired a local firm, Transitions Made Better Inc., to administer housing rehabilitation funds for landlords with flood-damaged properties.Earlier Wednesday, Paula Hinzman Mitchell, supervisor in the city’s Housing Services office, said the city expects the [...]
It’s a great time to be an apartment owner
As we’ve said before in 2008 rents are firming and rents were rising in eastern Iowa apartments.
Now with the floods in Eastern Iowa thousands of homes have been destroyed leaving people waiting and wondering what’s going to happen. Many who are hoping for a FEMA buy out will have wait up to a year or [...]
Today on Loopnet – Multifamily Demand to Exceed Supply
The multifamily property market must significantly increase supply to meet demand in the years ahead, according to the National Multi Housing Council. The Washington trade group projects the number of households that rent will increase by four million over the next 10 years, with half of them renting apartments in properties with five or more [...]
