by Advanced Management Group | Oct 29, 2019 | Multifamily, Apartments, Rent Growth
New regulations could have unintended consequences for both the largest state and the entire country. Earlier this month, California Governor Gavin Newsom signed legislation that will limit the amount of annual rent increases a landlord may charge residents...
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 | Sep 10, 2019 | Multifamily, Apartments, Rent Growth
Multifamily housing units could be the answer for some families that are unable to find a single-family home that fits their needs. Most multifamily properties are purchased as non-owner occupied investment properties, although adventurous or savvy home buyers are...
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 | Aug 12, 2019 | Apartments, Market Rents
While San Francisco renters can breathe some relief as one bedroom rent dropped back down to $3,600, New York City renters are on the opposite boat as one bedroom rent reached a new 3-year high of $3,050 (beating out the June 2019 report’s previous record). Some key...
by Advanced Management Group | Aug 4, 2019 | Apartments, Construction
Call us a little skeptical on this one. This one sounds great on paper and reminds us a little of the hey days of crazy in Sin City, right before the housing implosion. A project called “Bleutech Park Las Vegas” will supposedly break ground in the Las...
