Sentences with phrase «in apartment occupancy»

The increased supply of apartments inhibits landlords» ability to raise rents and will eventually lead to modest declines in apartment occupancy as tenants have increased apartment options.

Not exact matches

Occupancy in apartments is at 97 percent, according to CBRE, which estimates downtown Cleveland has seen $ 5.5 billion of new investment since 2010.

National apartment occupancy was 95 percent at the end of last year, and that could move even higher in coming months.

The occupancy rate for apartments in metro Denver held steady at 94.3 percent, RealPage found, and rents rose 3.2 percent in 2017.

As downtown areas are «gentrified,» as convention centers rise to puncture the skyline, families dwelling in cheap apartments or disabled single people living on Supplemental Security Income in single - room occupancy hotels are shoved out.

The Bloomberg Administration is strongly backing another state bill, set to be introduced within the next month, which would make renting apartments such as those in Class A buildings — ones that have more than seven units and are granted a residential certificate of occupancy — for less than 30 days clearly illegal, regardless of whether they are owned or leased.

The FHA currently requires a 50 % owner - occupancy rate in most apartment buildings before the agency will finance the purchase of a condo unit.

Port Douglas Carnivale organisers say adjusting the program will result in added attendance and longer term occupancies in the Port Douglas Resorts and Port Douglas Holiday Homes and Port Douglas Holiday Apartments.

The number of hotels and hotel apartments also grew 16 per cent, while hotels sustained a healthy occupancy rate of 71.7 per cent on average despite the increase in number of hotel rooms.

It is important to note the «maximum occupancy», or most number of guests allowed in a room or apartment, when considering which is the most suitable accommodation for the number of people staying.

Its 439 rooms, 31 suites and 26 serviced apartments are considered among the best in the city, leading to occupancy rates upward of 78 per cent last year.

Occupancy at our Adina Apartment Hotel Checkpoint Charlie in Berlin — our first property to open in Germany — averaged 80 % over the last 12 months.

Yes you are welcome to have extra people in your apartment up to the maximum occupancy, 1 Bedroom rate includes 2 guests using existing bedding, extra guests up to 3 2 Bedroom rate includes 4 guests using existing bedding, extra guests up to 5 3 Bedroom rate includes 6 guests using existing bedding, extra guests up to 7 Extra guests are charged at $ 40 per night (includes rollaway bed) Guests are required to register at reception.

Fully equipped kitchen A fully equipped kitchen is provided in all the apartments and among other things includes a sink, hob, microwave, fridge / freezer, and cutlery and crockery for the maximum occupancy of that apartment.

While we can't speak for occupancy codes in Mount Airy, OH, we can say that six adults and nineteen children in a four unit apartment building sounds either excessive in a few units, or an infrequent combination of four very large families in the same building.

If you are staying in your previous apartment, you will need to alert the landlord and the agent who insures your apartment as to the change in occupancy.

KEY ACCOMPLISHMENTS • Enhanced apartment occupancy rate from 60 % to 85 % through active marketing • Recruited 23 new residents during 2 months of initial hiring through optimized online marketing • Developed a website for marketing purposes and uploaded testimonials of satisfied residents that led to a 40 % increase in overall clientele

The Maintenance Supervisor be responsible for getting the apartment units prepared for occupancy and repairing any maintenance issues in the units.

• Successfully opened a new 369 unit apartment high rise and triggered an increase in pre-leased occupancy from 25 % in June 2011 to 61 % by October 2011.

Here in Michigan, Friedman maintained 100 % occupancy while managing the 382 - bed community of Hidden Hills Apartments.

Forest City's initial development at Stapleton will involve 275 acres south of the former terminal complex that will have 1,100 homes and 900 apartment units, with the first housing available for occupancy in late 2001.

Apartment developers are setting their sights on new construction as the property sector begins to post gains in occupancies and rents.

While condo conversions benefit multifamily owners by shrinking the supply of apartments, condo buyers are typically renters, so conversions won't necessarily lead to a jump in occupancy rates.

Most apartment REITs also reported a boost in year - over-year average occupancy in the second quarter, which typically hovered around 95 %.

In July 2003 occupancy at Arbor Mill Apartments in Norcross, Ga., hit 85 %, a 10 - point drop after a wave of lease expirations struck the 274 - unit propertIn July 2003 occupancy at Arbor Mill Apartments in Norcross, Ga., hit 85 %, a 10 - point drop after a wave of lease expirations struck the 274 - unit propertin Norcross, Ga., hit 85 %, a 10 - point drop after a wave of lease expirations struck the 274 - unit property.

Apartment occupancy rate in the city averaged 92.9 percent in mid-2017, down 180 basis points from the high of 2015.

Lenders also have more confidence in apartments due to the recovery in rents and occupancies that the sector has already experienced.

«The past few years have been booming in Atlanta, but with the technology decline there has been a noticeable increase in office vacancy rates; the apartment occupancy rates have been touched by the decrease in the number of jobs created each year; all of which are affecting the retail market.»

But strong rent growth and relatively healthy occupancy rates in the apartment sector continue to attract investors, who are then frustrated by the relatively small number and high asking prices of apartment properties available for sale.

It's clear to many that Atlanta's apartment market is hot: effective rents grew by an average of 7.14 percent in the 12 - month period ending in August, according to Axiometrics, and the metro area's occupancy rate stood slightly over 94 percent at the end of the same month.

It's clear to many that Atlanta's apartment market is hot: effective rents grew by an average of 7.14 percent in the 12 - month period ending in August, according to Axiometrics, and the metro area's occupancy rate stood slightly...

Apartment demand in Florida metros should remain healthy overall, though there is little room for occupancy to improve further for most metros.

Apartment property revenues in the U.S. grew approximately 5.2 % in 2015, with rents for new - resident leases up 4.8 % and occupancy up 40 basis points.

Apartment Demand Soars in Tandem With Supply Wave With new apartment supply levels surging toward two - decade highs, occupancy rates had been expected to cool Apartment Demand Soars in Tandem With Supply Wave With new apartment supply levels surging toward two - decade highs, occupancy rates had been expected to cool apartment supply levels surging toward two - decade highs, occupancy rates had been expected to cool somewhat.

Apartment occupancy rates and rent growth levels ticked up in 3rd quarter 2013 in the nation's core 100 metros — keeping the industry in strong shape in advance of the oncoming pickup in supply.

For example, an apartment building of 100 units in total with 80 units occupied will have an occupancy rate of 80 %.

The biggest part of the story behind why overall apartment occupancy reached a seven - year high was the rising occupancy at existing — primarily middle - market — inventory in just a handful of metros.

In the case of apartment property investment the occupancy rate is measured usually using units not square meters.

Houston's operable apartment stock essentially full in September Post-Hurricane Harvey, Houston's occupancy and rent growth levels have increased.

U.S. apartment market sees moderate rent growth, healthy occupancy in 3Q Moderate growth in U.S. apartment rents registered again in 3rd quarter 2017, as the market remained essentially full.

Steadfast Apartment REIT III intends to be a real estate investment trust and was formed to acquire and operate a diverse portfolio of well - positioned, institutional - quality multifamily and senior - living apartment communities in targeted markets throughout the United States that have demonstrated high occupancy and income levels across markeApartment REIT III intends to be a real estate investment trust and was formed to acquire and operate a diverse portfolio of well - positioned, institutional - quality multifamily and senior - living apartment communities in targeted markets throughout the United States that have demonstrated high occupancy and income levels across markeapartment communities in targeted markets throughout the United States that have demonstrated high occupancy and income levels across market cycles.

Occupancy In conventional apartments, occupancy measures how many property units are occupied, expressed as a percentage of total iOccupancy In conventional apartments, occupancy measures how many property units are occupied, expressed as a percentage of total ioccupancy measures how many property units are occupied, expressed as a percentage of total inventory.

At a new apartment community in West Miami with low occupancies, Waterton changed the appliances in the kitchens and updated other finishes that weren't right for the market.

So far in 2018, the occupancy rate continues to be high, weighed down only slightly by the usual effect of cold weather, which slows down apartment leasing every winter.

In garden apartment communities across the country, the average rents are rising quickly and occupancy rates are high.

«You don't want to confuse rent growth, occupancy or architectural attractiveness with the top markets for investments,» warns Jeffrey Friedman, chairman, president and CEO of Associated Estates Realty Corp., a Richmond Heights, Ohio — based apartment REIT with a portfolio of 52 properties containing 13,950 units in 10 states.

; • Vacancy rates are expected to drop in a range of between 1.2 and 3.7 percentage points for office, retail, and industrial properties and remain stable at low levels for apartments; while hotel occupancy rates will likely rise; • Rents are expected to increase for all property types, with 2012 increases ranging from 0.8 percent for retail up to 5.0 percent for apartments.

Competition from for - sale homes may put a little more pressure on the apartment sector in 2018, but demand is expected to continue to grow as the economy expands, keeping occupancy rates high.

Apartment occupancies are soaring in these areas.

These has led to fully occupancies at these types of properties even in metropolitan areas where cheaper apartments have historically suffered from higher vacancies.