Nicholas Dunlap
My Friend Dean Eight years ago, I joined my first volunteer committee at the Apartment Association of Orange County and after proving myself to my colleagues, I became a board member. Having grown up in the apartment business and around our association, I can remember being a kid in my 20s around some of the … Continue reading My Friend Dean
Storytellers and Story Sellers By: Nicholas A. Dunlap, CPM Good real estate tells a story. A family story, a town's story or in some cases, the story of an era. Some of these stories are inherent to those of us who work behind the scenes: the owners, the brokers, the managers, the developers who make the building … Continue reading Storytellers and Story Sellers
AAOC Legislative Committee Vs. Bad Legislation A Recap of Our Recent Lobbying Trip to Sacramento By: Nicholas A. Dunlap As Californians, we are burdened with overregulation in contrast to neighboring States. As an industry, apartment owners and operators in the Golden State face even greater regulation in addition to constant threats from Legislators. It is … Continue reading AAOC Legislative Committee Vs. Bad Legislation
Fish In a Barrel? By: Nicholas A. Dunlap, CPM Every bad movie or nowadays, bad television show, about real estate seems to have a scene where the wiser, more mature figure informs a young, uninformed colleague that real estate is about three things: "location, location, location." As cheesy, insignificant or irrelevant as it may seem … Continue reading Fish In a Barrel?
The following text is taken from an article I wrote for both Apartment News Magazine February 2011 & the forthcoming Institute of Real Estate Management Los Angeles Digital Magazine-1st Quarter 2011. Continue reading below...The Seven For 2011By: Nicholas A. Dunlap, CPM2011 is upon us and for property owners, it’s back to business as usual. As … Continue reading The Seven for 2011
Avoid the Summertime Vacancy Blues By: Nicholas A. Dunlap, CPM Graduation time, kids are out of school, family vacations and three day weekends are here, you guessed it, summertime is upon us. Even the best apartment communities experience turnover in the summertime. Follow these 3 secrets to make sure you fill your vacancies before Independence … Continue reading Avoid the Summertime Vacancy Blues
Consumer Spending On The RiseBy: Nicholas A. Dunlap, CPM Screw the banks, feed the economy…or so the actions of our nations consumers most currently suggest. Data released today by Morgan Stanley shows that mortgage delinquencies are up 8% from mid-2007, but that consumer spending rose 3.6% in the United States last quarter. So instead of … Continue reading Consumer Spending On The Rise
Building Your E-Curb Appeal By: Nicholas A. Dunlap, CPMThe apartment industry has become increasingly reliant on technology. With owners accessing financial information and records from abroad, managers logging details on property inspections and operation from the field and residents scouring the web for move-in specials on their I-Phone and Blackberry devices, it’s safe to say … Continue reading Building Your E-Curb Appeal
Good News From Westwood By: Nicholas A. Dunlap, CPMUCLA’s School of Economics announced today its beliefs that the State of California is just a year away from economic recovery. Though unemployment will remain in the double digits through the end of 2011, by 2012 UCLA projects the unemployment rate at just below 10%. While there … Continue reading Good News From Westwood
Vacancy Rates On the Decline?By: Nicholas A. Dunlap, CPMCB Richard Ellis reported today that multi-family vacancy rates in the United States will decline from their all-time high of 7.4% in 2009. While rents are down approximately 1% from the fourth quarter of 2009, job losses have slowed and thus, occupancy rates are increasing, pushing vacancy … Continue reading Vacancy Rates On the Decline?
OC Real Estate Market Insight 