Tag Archives: June

High demand boosts downtown apartment rents, more gains likely – WTVR-TV

Almost 5,600 more renters were living in downtown Chicago at the end of June than just three years ago, and continued strong demand for rental units will mean higher rents and a harder time finding an apartment into next year. … Continue reading

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With rent regulations set to expire in June, millions could be affected – CU Columbia Spectator

With rent regulations set to expire in June, millions could be affectedCU Columbia SpectatorLow and middle-income renters say they're worried about being edged out of their homes in June when rent regulations are set to expire, bringing a million households … Continue reading

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Signs of stabilization in apartment market – Finance and Commerce

Signs of stabilization in apartment marketFinance and CommerceAt the end of June, Minneapolis-based GVA Marquette Advisors reported the local apartment vacancy rate at 5 percent, down from a rate of 6 percent at the … read more

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Tenants criticize landlord running for JP – Billings Gazette

Tenants criticize landlord running for JPBillings GazetteIn a pending District Court lawsuit filed against Kautzman in June, plaintiff Charleston Yellow Fox alleged that he moved out of his apartment after a rent … and more » read more

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Town makes room for apartments – Cary News

Town makes room for apartmentsCary NewsCary's apartment vacancy rate was 8.7 at the end of June, down from 10.4 percent a year ago, according to Real Data. The town's office vacancy rate, … read more

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Lots of choice in a busy rental market – Irish Times

Irish Times Lots of choice in a busy rental marketIrish TimesAnd some management companies in apartment blocks don't allow children.” In June, rents in the city centre had fallen 8 per cent on the previous year but … and more » … Continue reading

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Easier credit, agreeable sellers drive up property sales – Crain’s Chicago Business

Crain’s Chicago Business Easier credit, agreeable sellers drive up property salesCrain’s Chicago BusinessThe downtown office cap rate was 6.6% in June; suburban office was 8.5%; retail was 8.0%; and industrial was 8.2%. Locally, sales of industrial properties … read more

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MetLife provides $160M Loan for Washington Harbour – GlobeSt.com

MetLife provides $160M Loan for Washington HarbourGlobeSt.comThe duo acquired the two-building, mixed-use property free of debt in June for $244 million and a mid-6% cap rate based on an 86% occupancy rate. … and more » read more

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Young People Are Filling Vacant Apartments – BusinessWeek

Seer Press Young People Are Filling Vacant ApartmentsBusinessWeekThe vacancy rate declined to 6.6 percent in June from 8.2 percent in December. "Overall demand is pretty stunningly strong in the first half," says Greg …Apartment Rentals increases in USSeer PressApartment occupancy … Continue reading

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Apartment occupancy up amid foreclosures – USA Today

Apartment occupancy up amid foreclosuresUSA TodayThe vacancy rate declined to 6.6% in June from 8.2% in December. "Demand is pretty stunningly strong in the first half," says Greg Willett, a vice president …US landlords point to surge in rentalsAssetz NewsRising … Continue reading

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