Local apartment market remains strong

Local apartment market continues healthy streak

bizjournals bizjournals | 1 year ago

Apartment rental market remaining strong due to several factors that continue to plague the home-buying market.

David J. Frank continues seven-year safety streak

lawnandlandscape lawnandlandscape | 1 year ago

David J. Frank Landscape Contracting has gone seven years — over 3.4 million hours — without a lost-time incident, extending the longest streak in the company’s 63-year history. “Safety is our top priority, but even we are amazed at the length of this streak,” said CEO/President David R. Frank. “It has become a real source of pride for our team members and nobody wants the streak to end.” Nearly 100 crews are dispatched daily to residential and public sites where 250 team members u...

Caribbean Blinds continues awards streak with another double shortlisting

prolandscapermagazine prolandscapermagazin... | 1 year ago

Outdoor shading manufacturer Caribbean Blinds is continuing to make waves within the business community after being named as finalists in not one, but two categories at the Growing Business Awards 2022. For the second year in a row, the Sudbury based firm has been shortlisted for both ‘Consumer Business of the Year’ and ‘Family-Owned Business of the Year’, after demonstrating a competitive edge once again, through consistent profitable growth, increased market penetration and a positive ...

More renters are renewing leases as US apartment market continues to tighten

bizjournals bizjournals | 1 year ago

More renters are opting to stay put in their current units as rental rates continue to soar and inventory remains constrained.

Redwood Living continues apartment expansion in central Ohio

bizjournals bizjournals | 2 years ago

The project will include 137 single-story, two-bedroom apartments.

Baltimore developer sells Virginia apartment complex for $50M, netting a healthy return

bizjournals bizjournals | 1 year ago

The buyer sees further growth in Alexandria's West End.

Clear Capital LLC buys second local apartment property for $63.5 million

bizjournals bizjournals | 1 year ago

Multifamily investor Clear Capital LLC has picked up its second local property, paying $63.5 million last month for apartments in Arden-Arcade. Formerly known as Solara Apartments, the 250-unit property at 2257 Hurley Way is now rebranded Aspire Arden and slated for a continuation of unit rehabs and upgrades. "What we liked a lot is the location," said Enrique Huerta, vice president of acquisitions with Irvine-based Clear Capital, noting the property is near destinations such as Howe Bout Arde...

Housing market continues its cooldown in August

bizjournals bizjournals | 1 year ago

The formerly frenzied housing market in the Twin Cities continued to cool in August, with the growth in home prices slowing to the lowest level in more than two years. The typical home price in the metro was $369,750 last month, an increase from July, but a marked slowdown in growth from earlier in the year, according to a release Tuesday from the Minneapolis Area Realtors and Saint Paul Area Association of Realtors. Since June 2020, home prices have risen between 8 and 10% between months. Las...

appraisaltoday appraisaltoday | 1 year ago

Appraisers and Local Market Analysis By Woody Fincham, SRA, AI-RRS, ASA Excerpts: Social media and the mainstream media make a mess of these markets even in the best of times. They do not have the bandwidth to cover local markets. When you are in a metropolitan statistical area like Charlottesville and Waynesboro/Staunton you get some reporting from the local news. Still, if it is not driven to get online clicks from hyperbole it usually is not worth reporting. National data simply does not appl...