by Advanced Management Group | Oct 15, 2019 | Multifamily, Affordable Housing, Apartments
Developers in New York City are slowing down on their projects and sometimes even scrapping plans altogether. Currently, vacancy rates in New York City and San Francisco are quite high by the standards of those cities although they would probably seem low by...
by Advanced Management Group | Aug 26, 2019 | Apartments, Affordable Housing, Multifamily
The Las Vegas City Council’s decision this past week to use state bond funds to construct an affordable housing project is a needed step for the community. The $22.68 million in bonds go toward a $95 million multifamily housing development that will include 420 units,...
by Advanced Management Group | Jul 29, 2019 | Apartments, Affordable Housing
The median monthly rent for an apartment in Las Vegas has jumped more in the past year than any other major U.S. metro area, according to a new report. However, Susy Vasquez, executive director for the Nevada State Apartment Association, said the Las Vegas rental...
by Advanced Management Group | Jul 23, 2019 | Apartments, Affordable Housing
The numbers speak for themselves: With a shortage of 7.2 million affordable and available units for the lowest-earning rental households — those with incomes at or below the poverty level, or 30 percent of their area median income, according to the National...