Sentences with phrase «market as both tenants»

The government has ordered a review of rented accommodation in the housing market as both tenants and landlords complain of a poor deal.

Not exact matches

Zeus furnishes the apartments, markets and rents them out, coordinates repairs as necessary, collects rent from tenants, and pays landlords from the rent collected.
In marketing materials, many tenants highlight confidentiality as a selling point.
Insiders expect large blocks to hit the market in the coming months and years as tenants relocate to newly - constructed buildings.
Its initial business model was to buy rundown rentals, renovate them, and attempt to get rent - regulated tenants to vacate their units in order to charge incoming tenants market rents, but it now builds ground - up development as well.
Chelsea Market, like 111 Eighth, has been a front - runner in the evolution of the Chelsea neighborhood from an industrial zone to an area known for inexpensive space for food producers, restaurants and office tenants, and now as a tech - sector hub.
He added that despite the stress on rents, tenants like large European retailers see a Manhattan location as critical to their larger business models, and are keeping the market afloat.
The Charles E. Smith division of global real estate trust Vornado recently asked six world - class architectural firms to design and construct the «office of the future» as part of the unique Crystal City DesignLab project, which sought to re-envision six suites in a centrally located Arlington, Virginia office building in the Washington, D.C. office market and demonstrate how new design concepts can immediately benefit office tenants going forward.
«We expect in the current market that quality peri-urban assets such as these with rezoning potential and multiples titles will remain popular, particularly investment assets with reliable tenants that generate 7 to 8 per cent yields to investors,» Mr Forrest said.
Protecting squatters can seem outlandish, but it gives extreme incentives to keep homes bought as investments well maintained and occupied by tenants, all while driving secondary home owners out of hot markets.
As the clock ticks, more and more units continue to leave rent stabilization and go market rate, and the strength of the tenants movement weakens accordingly.
They called for the elimination of a loophole that lets landlords boost rent by 20 percent when tenants vacate a rent - stabilized apartment, as well as a rule that removes units from rent regulations once the rent gets high enough, allowing units to go to market - rate prices.
Rep. Brian Higgins encountered anger and frustration from some Commodore Perry public housing tenants when he held a press conference there to tout his idea of renovating rows of empty, rundown apartments into low - and moderate - income units — and perhaps some market - rate housing, as well.
«For companies in this industry, the time to market is critical to their success and was a major factor in how quickly we moved to secure NexGen as the new tenant
With rent - stabilized buildings, taxes are passed on to renters via the Rent Guidelines Board, while tenants with market - rate properties get some of the taxes passed along as well.
In February, Public Advocate Letitia James announced plans to file a complaint with the New York State Human Rights Divison against Stonehenge Village's management company, which permits only its market - rate tenants to use the building's gym, as previously reported.
When market conditions failed to support the upscale plan, it was redone as the Berkeley Apartments, catering to short - term tenants.
As the Council began to vote on the mayor's proposals to rezone the city to require developers to set aside a proportion of all new apartments for below - market tenants, opponents of the plan packed into the balcony seats erupted in chants.
Such efforts should include providing special consideration as to rents (e.g., rent increases should be comparable to existing contracts and commensurate with what would be expected in a public market), assisting tenants with moving and relocation costs (e.g., through the creation of a fund or by way of a requirement in the RFP), and assuring that the new market space is move - in ready before tenants are relocated.
TRIBECA — Tenants at Independence Plaza North (IPN)-- a complex marketed as luxury digs that was once largely affordable housing — vowed Thursday to continue fighting for their apartments to become rent - stabilized, despite a recent court ruling against them.
Tenant / clients can also benefit from centralised facilities, as well as less obvious perks like in - house marketing experts and advisors, and greater networking opportunities.
David Lamsens, vice president of marketing and sales for Orlando Central Park, said the park has 350 tenants, including major companies such as Chrysler Corp., American Telephone & Telegraph Co. and FMC Corp., which builds firefighting equipment, and that has helped the park sell itself.
For example, a high yield savings account or money market account owned as a joint tenant with right of survivorship will generally pass to the surviving tenant at death, regardless of what a will says.
According to the basic tenant of portfolio construction, a portfolio that is concentrated in just one market, even a large, diversified market such as the United States, will rarely produce the best long - term risk / reward trade - off.
But they generally pay for themselves as a property manager will manage the leasing and marketing of your property, rent collection, field phone calls from tenants, and schedule repairs and emergencies.
In the market as a Beta version for the last couple of years, Z Score currently draws on data from online applications of potential tenants, as well as from social media sites, such as LinkedIn and Facebook.
San Francisco - based Rentberry offers its service in U.S. markets and is getting critical news coverage from tenant advocates as it launches in Sydney and other cities in Australia where real estate and rental prices are overheated.
These risks include, among others, general economic conditions, local real estate conditions, tenant financial health, the availability of capital to finance planned growth, continued volatility and uncertainty in the credit markets and broader financial markets, property acquisitions and the timing of these acquisitions, charges for property impairments, and the outcome of legal proceedings to which the company is a party, as described in the company's filings with the Securities and Exchange Commission.
Such as inspection and testing fees, permits, impact fees, professional fees, lender's attorney fees, loan fees, loan interest or marketing expenses to fill up the new building with paying tenants.
The trusts that pay the most are typically ones that the market views, for one reason or another, as less stable — perhaps because they're smaller operations or because they hold properties with less dependable tenants.
Hundreds of credit reporting agencies still operate in niche markets, such as business credit, tenant screening, employment screening and so on.
We are tenants in a house that is now on the market as a short sale.
The latest leases, which total about 9.4 megawatts of critical power, establish Microsoft as the biggest fish in the market for super wholesale tenants: cloud builders who can lease vast chunks of server space.
The purpose of a fixed lease term is that: (1) it allows the landlord to sue for lost rent until the premises can be released if the tenant leaves early, and (2) it allows the tenant to know that they can be secure in their right to use the property so long as the tenant complies with the lease term allowing the tenant to invest (in terms of marketing, tenant finish, etc.) in the premises.
Our Creditor's Rights practice extends to the following areas of Chapter 11, 13, and 7 matters: debt workouts, cram - down litigation, litigation of a wide array of adversary proceedings including Automatic Stay violations, Petroleum Marketing Practices Act («PMPA») violations, collections, evictions, recovery of collateral, injunctions, Declaratory Judgments, and the representation of creditors and other interested parties such as stock holders, corporate officers, creditors» committees, landlords, and tenants in bankruptcy matters including creditor discharge litigation, objections to proposed plans of reorganization, and bankruptcy preference defense.
(ii) Such an order was necessary if the legal advice which tenants such as the claimant in the instant case needed was to be available in the market.
Notwithstanding the foregoing, in the event that the originally scheduled trial date is continued for any reason, and upon motion of any party, the court after hearing shall require the tenant or occupant claiming under this section to deposit with the clerk of the court, the plaintiff's attorney, or other secure depository each month (or at such other intervals as the court deems just) the amounts due for use and occupancy, calculated according to the fair market value of the premises, which amounts shall be held in escrow pending final disposition, unless the court determines that such requirement would result in undue hardship to the tenant or occupant.
«What clerks generally do not do nowadays,» she adds, «is anything that is not directly work related such as building administration, appointment of pupils, tenants, organisation of marketing initiatives etc..»
Accordingly, when the tenant failed to pay rent, the landlord provided notice of immediate termination of the side letter, leaving the rent to be determined under the lease (at open market rent) as if the side letter had never existed.
As a property owner in the rental market, you skillfully manage many responsibilities — building maintenance, bookkeeping, tenants and more.
Served as Property manager for privately held residential properties: marketed properties for new tenants; handled day to day legal issues; managed repairs and maintenance issues; conducted regular property inspections.
The Administrative Assistant will be responsible, screening incoming leasing inquiries, assist in annual recertifications, tenant / landlord relations, marketing, leasing, supply property information, tour apartment homes, track leasing prospects, accounts payable & receivable, general administrative duties, and special projects as assigned.
OnTheMarket.com's property blog has the latest advice and top tips on buying, selling and renting a home for buyers, sellers, tenants and landlords as well as housing market insight.
Whether you need assistance with a single component of your business — such as scheduling repairs or facilitating maintenance — or you'd prefer a full - service partner who can handle everything from property marketing and tenant screening to rent collection and evictions, we can do it.
At a low - enough price, we might even be able to generate enough revenue to market the home as a long - term rental — that would dramatically lower the costs, as property management fees drop to 10 %, utility costs are borne by the tenants, and extra marketing site fees disappear.
Other tenants are decamping to cheaper markets such as Oakland, he said.
Capsules vs. theaters As shopping center owners continue to clamor for entertainment - based tenants, simulator manufacturers anticipate a growing market for their products.
Forecast Number 2 — Interest rate increases in 2006 will impact the lower levels of our housing market — the entry levels, the first - time buyers, the tenants — and while they form a significant percentage of our national market, it is a feature of that market as sure as the presence of cold excrement in a deceased feline.
This also helps me in ways that, when I present to a prospective tenant or a tenant that I am presenting a rental increase to, I know as much as I can about my market and no matter where that tenant goes to look for other comps, I will have presented my property to them with integrity and can show them why my rental is a great value.
Equity Residential is among landlords having to work harder to lure tenants in those high - cost markets as a surge of new buildings gives residents more bargaining power.
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