“Right now, developers are creating the wheel every time they start a new housing project, which is not only inefficient, but also expensive,” says co-founder of Madelon Group.
Turns out even after a pandemic, young people love New York and San Francisco.
San Francisco and San Jose top U.S. metro areas with the smallest rent growth since February 2020.
Florida’s Eagle Property Capital has acquired, repositioned and managed close to 9,000 apartments in diverse neighborhoods.
The index for rent of primary residence increased 0.6% in February from the prior month, the most since 1987.
Prices in NYC rose 5.1 percent in February from a year earlier, compared with a 7.9 percent jump nationwide, according to BLS.
In particular, the firm has a strong focus on acquiring apartment buildings, logistics facilities and life science properties.
In a February Fannie Mae survey, 69 percent of respondents said they expect rental prices will rise.