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 →

Optimism Rings in 2010

Optimism Rings in 2010By: Nicholas A. Dunlap, CPMAh, nothing like a little optimism to end the year. Behringer Harvard, a large REIT (Real Estate Investment Trust) has completed the acquisition of The Calypso Apartments and Lofts. The Calypso is a 177 Unit apartment complex in the city of Irvine, originally built as for-sale condominiums by … Continue reading Optimism Rings in 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 →

Black Friday, Cyber Monday and the Move-In Month

Black Friday, Cyber Monday and the Move-In MonthBy: Nicholas A. Dunlap, CPMThe retail sector of the consumer marketplace is not the only place to find value or bargains this holiday season. Landlords across Southern California who own or manage multifamily, commercial, office and other property-types are looking to fill vacancies and avoid what can generally … Continue reading Black Friday, Cyber Monday and the Move-In Month →

Good News for 2010!

Good News for 2010BY: Nicholas A. Dunlap, CPMAnil Puri, Dean of the Mihaylo College of Business and Economics at CSUF predicts that approximately 10,000 new Orange County jobs will be added in 2010. Though not as substantial as the 58,000 jobs lost this year or 38,000 lost in 2008, the idea of a halt in … Continue reading Good News for 2010! →

The Return of The Skip

The Return of The SkipBy: Nicholas A. Dunlap, CPMIt’s 3 in the morning and your resident manager happens to get up to get a drink of water. As they glance out the kitchen window, they notice the shimmer of a fluorescent light reflecting off of a television that appears to be moving through the courtyard … Continue reading The Return of The Skip →

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 →

Apartments, Industrial: Better Than the Rest

A study released this week by the CCIM Institute rated multi-family housing and industrial real estate as safer real estate investments than either hotel, retail or office properties. While there has been a general slowdown in commercial real estate activity, multi-family and industrial property types were rated at 5.1 and 4. 3 respectively on a … Continue reading Apartments, Industrial: Better Than the Rest →

Yes, It Is Still Cheaper to Rent Than To Buy…

Last week, Orange County was named as the 7th Priciest Metro Area in the nation. The survey, published by the National Low Income Housing Organization listed the average rent of $1,550 for a 2 Bed/2 Bath apartment home as being the 7th highest nationwide. In light of our current economy, this news bodes well for … Continue reading Yes, It Is Still Cheaper to Rent Than To Buy… →