Who, What & Why On Gen Y

Who, What & Why On Gen YBy: Nicholas A. Dunlap, CPM Generation Y has officially become the newest courted renter. Described as individuals born between the years of 1982 and 2000, there are 78 million Gen Y’ers in the world and roughly 25% of the US population is comprised of the demographic. Of course, Gen … Continue reading Who, What & Why On Gen Y

To Respond or Not To Respond? That Is the Question.

To Respond or Not to Respond? That Is the Question. By: Nicholas A. Dunlap, CPM With the array of social media and review type sites that now focus on the multi-family industry, it is important to consider the ramifications that these sites can have both on your firm and your property’s reputation. While it is … Continue reading To Respond or Not To Respond? That Is the Question.

Function & Value Vs. The Bells & Whistles

Function & Value Vs. The Bells & WhistlesBy: Nicholas A. Dunlap, CPMEach day, the Harvard Business Review publishes a “Stat of the Day”. Today’s stat reflects the attitudes of consumers in relation to the purchases they are making in today’s economy. With that, approximately 60% of consumers today are more concerned with a product’s core … Continue reading Function & Value Vs. The Bells & Whistles

Pie in the Sky

Pie in the SkyBy: Nicholas A. Dunlap, CPMTen percent rent hikes in this market? Sure, it’s a nice idea. I guess this would apply to the complexes where vacancy rates had increased so dramatically that teaser rates, free rent and other such promotions were introduced in exaggerated form. But really, ten percent hikes? I guess … Continue reading Pie in the Sky

Fortunate to Be Full

Fortunate to Be FullBy: Nicholas A. Dunlap, CPMTwo weeks into the new year and things are rocking along here at DPG. This past week, we rented ten apartment homes and now, 11 of our 18 apartment communities are at 100% Occupancy. Within the next 2 weeks, another community will be full and that will put … Continue reading Fortunate to Be Full

Orange County Multifamily Outlook: 2010

If you are a member of the Apartment Association of Orange County, you can find this article inside of the January 2010 issue of the Apartment News Magazine, starting on page 38. If not, please enjoy the copied text below. Orange County Multifamily Outlook: 2010By: Nicholas A. Dunlap, CPM2009 was a roller coaster ride for … Continue reading Orange County Multifamily Outlook: 2010

A Busy December

A Busy DecemberBy: Nicholas A. Dunlap, CPM Upon reviewing our past 10 years of operation and specifically evaluating the month of December in each year, we have finally matched our 2001-2002 numbers. The move-in count for the month thus far is just a few move-ins ahead of what we saw in 2003. In 2003, we … Continue reading A Busy December

2009: The Year That Was

2009: The Year That WasBy: Nicholas A. Dunlap, CPM 2009 has kept property owners and managers extremely busy with marketing and leasing at their multifamily properties. In our portfolio, we experienced multiple waves of move-outs and vacancies, starting in the holiday season of 2008. After vacancies sat through the holiday season, it became apparent that … Continue reading 2009: The Year That Was

The 2009 Take On Pride of Ownership

The 2009 Take On Pride of OwnershipBy: Nicholas A. Dunlap, CPMWith the multi-family housing rental market growing more competitive than ever, a battle of specials and promotions has become standard practice. While some firms are more likely to promote the idea of free rent and discounted security deposits, others focus on the actual product that … Continue reading The 2009 Take On Pride of Ownership

In Tough Times, Landlords and Tenants Both Looking to Get More For Their Money

In Tough Times, Landlords and Tenants Both Looking to Get More For Their MoneyBy: Nicholas A. Dunlap, CPMWith multi-family vacancy rates and California’s unemployment rate simultaneously reaching recent highs, it is important for multi-family owners and operators to consider a new look for their apartment homes or be forced to decrease rents far lower than … Continue reading In Tough Times, Landlords and Tenants Both Looking to Get More For Their Money