“Just as predicted, it’s now happening. Not a big surprise. With expensive land cost and higher permit and preconstruction costs, increase material cost and higher interest rates, this was the perfect formula for a slowdown for multifamily.” U.S. multifamily construction starts dropped sharply in May as the industry copes with economic and tariff uncertainty, as well as elevated interest rates.…
Latest News
Latest News
This is the blog description and introduction. Ut elit nisl, efficitur sit amet...
“This is a wonderful “sweet & short” summary of how to be great in the most basic, but KEY elements of Property Management business…” As a rental property owner, your first instinct is to use a hands-on approach. You want to manage all your assets with your very own teams. But as your portfolio grows, that ambition may become a…
“The City of Seattle hard at work again. This type of business practice seems familiar….. shouldn’t they also ban the tech used by airlines and hotels and rental car companies as well…?” Seattle apartment complex. (GeekWire File Photo / Nat Levy) The Seattle City Council today unanimously approved a bill banning the use of software that critics allege allows for…
“Fantastic news for Moses Lake – more big tech moves into town. Moses Lake is proving to be a great location for tech with strong power requirements, and good live/work environment and affordability for employees….” Gene Berdichevsky, co-founder and CEO of Sila, says in the battery market “you either keep up with it or get left behind.” Sila Nanotechnologies Central…
“Once again, another sign that a number of companies are downsizing their office space as work from home and shared space becomes more “permanent”……” Pemco Mutual Insurance Co. on Thursday said it has listed its South Lake Union headquarters building for sale. In a news release, Pemco said it also put on the market three adjacent properties east of the…