Tag: year

How to Select a Lock

Posted on: February 16, 2012 by total

This is a discussion on selecting door locks for apartment communities. Having this conversation ten years ago our consensus was that early in the 21st century we will all have paperless offices and key-less locks. Guess what; didn’t happen. Is your office paperless? Are your communities key-less? The likelihood is low. Electronic locks are the future. They provide a myriad of benefits to commercial multifamily property owners. New developments with on-site management must consider the benefits of electronic locks. Then there is everyone else; those with assets new and old that have 100 year-old technology (older really)- the lock and key

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Tenants’ finances may be stretched by rent growth

Posted on: February 16, 2012 by total

February 7th, 2012 Multifamily Executive reports that data from sources (including rental data firms MPF Research and RealFacts) suggests rental managers may need to stop increasing rents soon. Property management companies and rental owners increased rents an average of 2.3 and 4.7 percent during 2010 and 2011, MFE notes, but the Bureau of Labor Statistics only reported 2 percent growth in wages year-over-year during the third quarter of last year. This suggests rents may significantly outpace wage growth, analysts say, threatening to price residents out of their units.

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What Landlords Can Expect in 2012′s Rental Market

Posted on: February 08, 2012 by total

Posted by Teresa on January 5, 2012 under Rental Market | For landlords in most markets, 2011 was a good year , with low vacancy rates and higher rents than previous years. What can landlords expect to see in 2012?

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