Category: Apartment Group

LIHTC Apartment Update

September 21, 2011

In Austin, Apartment Realty Advisors principal Dave Fournier tells us affordable housing occupancy is particularly tight for the LIHTC properties that serve tenants at 30% of area median income and where average market rents are high (i.e. Chicago). In other words, renters are downgrading asset classes and driving up demand for affordable housing. All of […]

Apartment Sector Still on the Up

August 31, 2011

Apartment market conditions continue to improve across the board, according to the National Multi Housing Council’s (NMHC) latest Quarterly Survey of Apartment Market Conditions. “Demand for apartment residences continues to rise, even as the overall economy remains hampered by the aftermath of the housing bubble,” said NMHC Chief Economist Mark Obrinsky. “For the fifth time […]

Apartment First Glance Analysis

May 4, 2011

National vacancies fell by 40 basis points, from 6.6 to 6.2 percent, as the sector posted positive net absorption of over 44,000 units. With a shortage in new supply for 2011, we expect vacancies to continue to plummet throughout the year. The expected inventory growth figure of 0.5% in 2011 is about one-third of the […]

Transwestern Chief Optimistic – Firm sees good 2011 for San Antonio Texas

February 22, 2011

Transwestern chief optimistic – Head of commercial real estate firm sees good 2011 for S.A. By Katherine Feser Excerpt from interview with Larry Heard, who has served as president and CEO of parent company Transwestern Interests since 2002 Q: San Antonio fared better than most markets during the downturn. Why is that, and what can […]

Q4 2010 Apartment Occupancy at 91%

December 21, 2010

Provided by ALN Apartment Data, Inc.  Fourth Quarter has slowed the progress San Antonio has made over the rest of this year.  Rental Rates are down $2 since September and Occupancy is down 0.1 percentage point.  Nothing unusual about either of these figures as that is often the case as demand drops after Labor Day.  […]

Second half of 2010 bodes well for San Antonio’s apartment market, report states

September 7, 2010

Construction numbers are going down and demand is going up — two factors that should make for a stronger apartment market over the second half of 2010, according to the latest analysis by Marcus & Millichap Real Estate Services. Of the 2,680 apartment units slated to be added to the local multifamily real estate sector […]

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