June 2015 - The Investment Real Estate Top 10 Last night at our general membership meeting at the Apartment Association of Orange County, I was able to pay homage to an entertainment legend and update our members on the real estate market through a Top 10 list of my own. And while I will share … Continue reading June 2015 – The Investment Real Estate Top 10
Category: apartments
A Hot Summer it Was
A Hot Summer it Was By: Nicholas A. Dunlap, CPMBy most accounts, this was a boring summer. That is, there were no vacations, a day off (or two) at best and lots of work. Not work in a good sense either, work in the overbearing, early-in-the-morning and late-at-night just busy-work sense. Complaints aside, I did … Continue reading A Hot Summer it Was
Interviewed by Commercial Property Executive; Click to Read
Recently I was interviewed by Commercial Property Executive to discuss sub-metering, water rates and how to combat the constantly increasing utility expenses incurred by property owners. Click here to read the article.
Don’t Believe the Hype
Don’t Believe the HypeBy: Nicholas A. Dunlap, CPMFor as much speculation as there has been on the looming Commercial Real Estate bust, the opportunities to acquire distressed assets in the Southern California area are minimal at best. What’s more, the fundamentals are now comprised of flat rents (somewhat stable in comparison to 2008 & 2009), … Continue reading Don’t Believe the Hype
Building Your E-Curb Appeal
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
The Lights Are On, But Nobody’s Home
The Lights Are On, But Nobody’s HomeBy: Nicholas A. Dunlap, CPMSkyline Towers, the beautiful twin set of 25 story, high rise apartment homes located just off of the 55 freeway at Macarthur is now open and available for rent. Acquired earlier in March by Essex Property Trust in a JV effort, the firm purchased the … Continue reading The Lights Are On, But Nobody’s Home
Vacancy Rates On the Decline?
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?
Knowledge Is the Key to Survival
Knowledge Is the Key to Survival By: Nicholas A. Dunlap, CPM Anyone who has been inside of my office has seen the large stack of real estate related journals, newspapers and magazines that I keep on-hand to refer to for statistics and data. With that, I was drawn to the December 2009 edition of the … Continue reading Knowledge Is the Key to Survival
I’m With Arnie on This One
I’m With Arnie on This OneBy: Nicholas A. Dunlap, CPMArnold Schwarzenegger has not done many positive things for the state of California, but he does speak the truth when he speaks of California’s significance as a state and destination. Tuesday night, our Governor was speaking at a conference, encouraging people to invest in California (specifically … Continue reading I’m With Arnie on This One
Doubling Up
Doubling UpBy: Nicholas A. Dunlap, CPMNumbers published today by Realfacts data and statistics show that some of the largest reductions in rent were incurred by the smallest apartment homes. For example, bachelors, studios, junior one bedrooms and one bedrooms suffered a decline of approximately 7.3% to 11.4% in monthly rental figures, whereas two and three … Continue reading Doubling Up
