MRI Software

OCTOBER 5, 2023

at the end of September 2023. Figure A – Occupancy Trend – Year-end 2021 through September 2023 The forces driving occupancy down have been in place for many months now. The additional demand that multifamily lease-ups once enjoyed from home buyers who became renters due to high mortgage rates has faded. and is now 1.0%.

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Condo Control

NOVEMBER 21, 2024

2023 California Residents can request to receive electronic communications Civil Code 4040 was amended at the beginning of 2023, making it mandatory for associations to deliver documents according to the preferred delivery method specified by the member. The policy must be posted on the POA’s website.

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Electronics Condominium Government Litigation 246

California Leasing & Management

SEPTEMBER 5, 2023

As the leaves begin to change and the temperatures cool down in LA and Ventura County, it's time for California Leasing Property Management to help you prepare your rental property for fall. The post 2023 Fall Maintenance Checklist appeared first on California Leasing Property Management.

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American Apartment Owners Association

DECEMBER 5, 2024

And Dallas, which saw the largest increase in population in 2023, according to the U.S. In 2023, Goldman Sachs broke ground on a $500 million corporate facility that will house over 5,000 employees. The country music hot spot grew by 86 people a day throughout 2023, according to U.S. Census Bureau data.

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American Apartment Owners Association

DECEMBER 5, 2024

This accelerated depreciation method was expanded under the Tax Cuts and Jobs Act (TCJA) of 2017, which allows investors to deduct 100% of the cost of qualified property acquired and placed in service after September 27, 2017, and before January 1, 2023.

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Real Estate Consulting Compliance Applications 130

Colliers

JANUARY 24, 2023

Tenants signed leases for over 193 million square feet of retail space during the year, driven by the growth for smaller spaces, as the average footprint leased hovers […]

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Retail Lease Tenant 52

American Apartment Owners Association

DECEMBER 12, 2024

That equates to 70 deed-in-lieu transactions spanning office, industrial, multifamily, hotel and retail properties in the first quarter, following 93 properties handed to lenders in the last three months of 2023. The average drop in value of a distressed commercial property was 43% between midyear 2023 and 2024,according to Cred iQ.

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Real Estate Landlord Commercial Property Retail 130

Colliers

OCTOBER 18, 2024

The convenience store sector has emerged as a retail powerhouse, achieving $860 billion in sales in 2023. Following a record 534,262 square feet leased in 2021, store leasing activity remains robust, with over 500,000 square feet leased last year. now boasts over 152,000 convenience stores, marking a 1.5%

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Colliers

JANUARY 16, 2024

2023 Year-in-Review The retail industry remained in expansion mode, as tenants leased over 250 million square feet of retail space in 2023.

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Colliers

OCTOBER 15, 2024

Since the end of 2012, the United States General Services Administration (GSA) has been actively working to reduce the size of its leased footprint. At its peak in December 2012, GSA leased 198.6 As of yearend 2023, the agency had shed almost 21 MSF of […] million square feet of space (MSF) across the United States.

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Tenant Lease Professional Services IT 52

T&H Realty

JANUARY 20, 2025

Number of Homes Leased The number of homes leased in Q4 2024 dropped to 348, marking a 39% decrease from 573 homes leased in Q4 2023. So naturally, the number of leased homes in December will almost always be much less than the homes leased in June, for example.

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Colliers

OCTOBER 7, 2024

increase compared to the first half of 2023. Tenants took occupancy on 585 new leases and user sales 100,000 SF or greater during the first half of […] Industrial tenant occupancies picked up during the first half of 2024, particularly in bulk space 100,000 SF or greater. New bulk occupancies totaled 151 million SF, a 7.4%

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Tenant Lease 52

MRI Software

FEBRUARY 6, 2024

As 2024 begins, the two main factors that plagued market conditions in 2023 are still present. As 2021 ended, occupancy levels were near all-time highs driven by the spike in leasing activity from the economy reopening after COVID shutdowns. Move-outs in Classes B, C and D began in 2022 and continued through much of 2023.

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Rent Lease IT Property 52

Authority Property Management

JULY 19, 2024

This general figure provides a solid benchmark for investors to gauge expected tenant retention and plan for future leasing activities. years) 2023: 337 days (about 0.9 Offering benefits such as lease renewal bonuses or gradual rent increases can encourage tenants to stay longer. years) 2021: 699 days (about 1.9

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Authority Property Management

SEPTEMBER 12, 2024

Over the years, we’ve received numerous accolades, including the Best Property Manager for the Best of North State 2022 and 2023. We were also honored as the 'Best Business' of 2023 by the Redding Chamber of Commerce by solidifying our position as a trusted partner for both property owners and tenants.

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Property Manager Property Management Management Property 78

MRI Software

MARCH 5, 2024

Hopes were high that February would bring an early start to the ‘fast leasing season’ and provide some occupancy recovery; however, February was fickle as new construction deliveries continued to overwhelm absorption in two thirds of the markets we serve. The two main factors that hampered market conditions throughout 2023 remain present.

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MRI Software

JULY 15, 2024

In 2023, overwhelming amounts of new supply began to erode occupancy levels from Class A, the top of the Class/Price structure, as new unit deliveries outpaced absorption or demand driven by reasonably strong job growth. Though it was expected to materialize in March, the “fast leasing season” finally arrived in June.

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Rent Lease IT Property 52

American Apartment Owners Association

DECEMBER 2, 2024

In early 2023, he moved in with the friend, who is also his landlord, whom he met playing soccer. “Median rents have gone up 23.4% where median incomes have gone up by 5%,” Hepburn said. Evans has seen this firsthand: Despite a promotion, he wasn’t able to escape his cost-burdened situation until a friend intervened.

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Rent Landlord Property Maintenance IT 130

Foundation Homes Property Management

NOVEMBER 23, 2021

We are seeing the typical slow down for this time of year- The advice I give at this time of the year is to expect units to take longer to rent moderate price reductions and lease start dates to occur after the first of the year.

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Nest DC

OCTOBER 18, 2023

Often, the most important thing to keep your portfolio stable is minimizing vacancy, even if that means offering incentives or negotiating with tenants to keep them on track to renew their leases. If you are stuck with vacant units in 2023 Q4/2024 Q1, don’t overestimate your returns based on the past two years of data.

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Lease Tenant Applications Applicants 52

Nest DC

SEPTEMBER 7, 2022

or “perfect for a nursery”) DO Treat every applicant equally Have clear applicant parameters for qualification Understand the law Encourage applicants to do their own research Say “yes” to housing voucher recipients  If you’re looking for someone to manage your rental and the leasing process for you, call our Nest DC team at 202.540.8038.

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Applications Applicants Applicant Screening Property 52

Esquire Property Management Group

NOVEMBER 30, 2023

Silicon Valley Office Market In the third quarter of 2023, the iconic Silicon Valley commercial real estate office market faced ongoing challenges. quarter-over-quarter, might signify a market correction due to low demand and a lack of new leasing activity. pre-leased. Net absorption recorded a negative 1.8 Approximately 15.8%

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Real Estate Commercial Property Management Commercial Property Lease 52

Nest DC

APRIL 5, 2023

They will also negotiate lease renewals on your behalf, delicately balancing your desire for increased rent with the tenant’s needs. They also have leasing/sales teams who will evaluate the market and optimal listing price,l procure new tenants, and get them moved in quickly.

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Property Management Property Manager Real Estate Management 52

Authority Property Management

SEPTEMBER 13, 2024

Income Thresholds and Deduction Limits The deduction is available for landlords with taxable income up to $182,100 for singles and $364,200 for married couples filing jointly (as of 2023). For example, properties rented under a triple net lease, where the tenant is responsible for property taxes, insurance, and maintenance, do not qualify.

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MRI Software

AUGUST 14, 2024

Until June, market commentary had been focused on year-over-year statistics that contain data points from 2023. From there, occupancy fell relentlessly until the end of 2023, bringing us to the start of 2024 when all markets had overall occupancy levels less than 90% (except for Tampa at 91.0%).

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Rent Lease Consulting IT 52

SparkRental

DECEMBER 3, 2024

While Ark7 originally restricted short—and mid-term rentals to accredited investors , it opened them up to everyone in 2023. It starts with Ark7 finding and buying properties, leasing them out, and offering shares for sale on their marketplace. New property shares are priced at $20 per share. Want to compare investment property loans?

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Rental Property Property Real Estate Single-Family Home 98

MRI Software

MARCH 6, 2024

It reflects how successful the landlords and property managers are at encouraging tenants to renew their leases rather than moving elsewhere. It involves a simple percentage calculation where you divide the number of tenants who have renewed their leases by the total number of tenants whose leases were set to expire within a given timeframe.

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Tenant Lease Property Management Property Manager 52

MRI Software

APRIL 3, 2024

March brought disappointment to those anticipating the traditional start of the “fast leasing season,” hindering hopes for some occupancy recovery. As 2021 ended, occupancy levels were near all-time highs driven by the spike in leasing activity from the economy reopening after COVID shutdowns.

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Lease Rent Engineering IT 52

Gordon Property Management

AUGUST 8, 2024

Income will be any amount you receive from your tenants in monthly rent and any payments that are made by the tenant to you for circumstances such as the cancellation of a lease. For the fiscal year 2023 – 2024, the amount is $59.00

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Landlord Property Property Management Property Manager 52

Muldoon Associates

MARCH 7, 2024

Recent statistics show that between January and July of 2023, the average rent in Colorado Springs is 0.6% but even as they settle, those rental values will remain high enough that you can increase what you earn every time you sign a lease renewal. Easier lease negotiations. Fewer disputes and legal challenges.

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Property Management Property Manager Management Property 52

MRI Software

AUGUST 10, 2024

They make money through leasing the properties they own and collecting rent. This is the most common type of REIT, making up 96% of the market share in 2023. The performance of REITs can be affected by changes in occupancy rates, property values, and lease terms. This can impact the dividends you receive.

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Real Estate Finance Management Regulation 52

MRI Software

DECEMBER 9, 2024

over a 12-month period through midyear 2023. Our tools help landlords monitor operating costs in real-time, automate lease renewals, and streamline rent payments. Key factors contributing to expense growth in multifamily properties The rising costs of labor, utilities, and materials are driving up multifamily expenses across the board.

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Management Property Utilities Insurance 52

MRI Software

SEPTEMBER 15, 2024

In fact, according to a 2023 study by CBRE , multifamily properties have shown a strong recovery post-pandemic, with investment volumes increasing by 50% year-over-year. Did you know that multifamily real estate has consistently been one of the most resilient investment sectors?

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Real Estate Rental Income Single-Family Home Apartment 52

Property Management Inc.

JANUARY 14, 2025

million new households were formed in 2023, highlighting the increasing demand for rental properties. Sustainability, smart home features, and flexible leasing options are in high demand. Recent reports suggest that nearly 2.1 Advanced screening solutions offer an efficient and fair way to select tenants and reduce risks.

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Rental Property Property Property Management Property Manager 40

Authority Property Management

NOVEMBER 19, 2020

A holdover tenant is one that remains on the property after their lease has expired. In other words, they will still be required to adhere to the terms of the existing lease or rental agreement. Updated 1/10/2023 As a landlord, you have two options when it comes to holdover tenants.

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Tenant Landlord Property Management Property Manager 52

Second Nature

OCTOBER 1, 2024

This could include tasks such as tenant screening, resident benefits, renters insurance programs , rent collection, maintenance and repair coordination, lease enforcement, financial reporting, and more. You can learn more about our coverage and fully managed Resident Benefits Package in our 2023 Resident Experience Report.

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Property Management Property Manager Management Property Management Services 52

SparkRental

NOVEMBER 7, 2024

Sadly, Groundfloor ended its Stairs program in 2023. However, in late 2023, they launched a fund that owns many rental properties. Groundfloor offers the best returns on this list, paying interest ranging from 6.5% However, you can’t access your money once it’s invested until the borrower repays their loan.

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Real Estate Government Insurance Rental Property 52