Blackstone Group has purchased 32 U.S. properties from Greystar Real Estate Partners for $2 billion. Blackstone also made headlines earlier this year with another billion-dollar deal with Praedium Group. We highlight the private-equity firm’s investment strategy.
NAA partners traveled to London to conduct a one-day conference on the U.S. apartment industry. Notable differences between the U.S. and European markets can be found in several areas, including amenities, billing processes, pricing transparency and customer service. See how NAA’s outreach efforts may assist the growing markets in Europe.
Given the increased interest in e-commerce, apartment communities are exploring new possibilities for package delivery in order to ease the burden on staff, who often have to manage numerous packages. We discuss solutions that owners and managers should consider.
Apartment investments have increased 65 percent year over year as rent growth and occupancy rates in apartment communities continue to rise. Investors are counting on continued growth as the Federal Reserve wavers on its decision to increase interest rates and renters remain tepid on homeownership.
Anticipation over the Federal Reserve’s decision on interest rates is adversely affecting real estate investment trusts (REITs) in general, with investors hesitant to invest until a decision is made. REITs invested in apartment communities, however, have seen increases this year because it’s easier for people to afford apartment living. This growth should continue into the coming year.
October rent-growth data mapped against job growth shows a strong correlation between the two factors for most metro areas, but outliers show how market popularity and recovery can affect the correlation for better or for worse.
Stay on top of growing trends, best practices and opportunities at the 2016 NAA Student Housing Conference & Exposition, Feb. 16–17, at the Hyatt Regency in Chicago. Register this week for the full conference to be entered into a drawing for a free pass. Rates will increase after Dec. 18, so sign up today!
More than 9,200 industry professionals will descend upon the 2016 NAA Education Conference & Exposition, June 15–18, at the Moscone Center in San Francisco — including five game-changing speakers with experience at major companies such as Netflix, Airbnb, BuzzFeed and Google. See who’s coming and what they plan to share with conference attendees.
NAA members have the benefit of accessing favorable terms for products and services from top companies through NAA’s Open Door program. The association vets its preferred companies and provides special offers and savings to its 68,000 members by negotiating prices as one buying entity. Meet NAA’s newest partner, TransFirst, and learn how its processing solutions can help your community.
Learn lobbying tips and best practices at the 2016 NAA Capitol Conference, March 8, 2016, and put those skills into practice the following day during the National Apartment Association’s lobby day. Former U.S. Rep. Joe Scarborough (R-FL), host of MSNBC’s Morning Joe, will also speak at the event. NAA aims to visit all 535 voting congressional offices, so come lend your support.