It’s Easy in Orange County

It’s Easy in Orange County From a multi-family owner’s perspective, Orange County is just an easy market to operate in. And for that matter, Southern California is in general with the exception of maybe a few rental sub-markets tends to outperform most rental markets in the United States. This operational ease is not necessarily in … Continue reading It’s Easy in Orange County →

When Once in a Lifetime is Once Too Many

When Once in a Lifetime is Once Too ManyBy: Nicholas A. Dunlap, CPM The following post is taken from my January 2013 "Cover Your Assets" column in which I discussed dealing with a fire at one of your buildings. I am pleased to say that I am going to walk the property in just a couple … Continue reading When Once in a Lifetime is Once Too Many →

Sure, Blame It On the Economy

Sure, Blame It on the Economy By: Nicholas A. Dunlap As with many operational decisions, whether you offer a concession or opt for the vacant space depends on the owner's goals. So if there is one thing you take from this column, remember the next two sentences. While occupancy continues to trend upward and the … Continue reading Sure, Blame It On the Economy →

Professionally Comfortable, Not Overly Casual

Professionally Comfortable, Not Overly Casual By: Nicholas A. Dunlap Coming across as too personal or too casual is hazardous to your professional relationship. You want to endear yourself without blurring the lines of personal and professional relations. One of my favorite things to discover about a new client is how they became real estate … Continue reading Professionally Comfortable, Not Overly Casual →

Let Me Think About It

Let Me Think About It By: Nicholas A. Dunlap I know, comparing multifamily to industrial is an apples to orange comparison, but in this case it fits. Multifamily mirrors the single-family residential market in that things slow down over the holidays. It is not uncommon for units to sit vacant from Halloween until after the … Continue reading Let Me Think About It →

Content Coming Soon!

Content Coming Soon! By: Nicholas A. Dunlap This past week, I was reminded of my infrequent-as-of-late blog posts. Aside from work and volunteer activities, I have also been putting the finishing touches on my new book #BMPB which is scheduled to be out in September/October along with a slew of promotional and other articles for … Continue reading Content Coming Soon! →

Slow Growth Beats No Growth

Slow Growth Beats No Growth By: Nicholas A. Dunlap Nationwide statistics published by New York research group REIS show that while multifamily occupancy rates continue to increase, rental increases are now starting slow. That is, both current and market rents still increased across the board (and continue to), just not at the year-over-year rates going … Continue reading Slow Growth Beats No Growth →

No More Fresh and Easy

No More Fresh and EasyBy: Nicholas A. DunlapTesco to Exit US VentureJust a few short years ago, UK Grocery giant Tesco launched Fresh and Easy in the United States. In many markets, Southern California included, they came into sub-markets that were rebuilding or re-gentrifying. Landlords quickly found out that the UK outfit was quite aggressive … Continue reading No More Fresh and Easy →

Take Your Team to the Top

Take Your Team to the Top By: Nicholas A. DunlapTaking a break from the Investment Measures series, please enjoy an article I wrote back in November, 2009 for the Journal of Property Management on leadership and motivation. Hope this helps you "Take Your Team to the Top". Although the rental market has changed significantly, these tips … Continue reading Take Your Team to the Top →