Socialism Finds It’s Way to Los Angeles

Socialism Finds It’s Way to Los Angeles By: Nicholas A. Dunlap, CPMAside from the unfortunate circumstances many property owners are facing, now, the owners of multifamily properties in Los Angeles city are facing what could be a moratorium on the dismal increase of 3 to 5% they were once allowed by the city on rent … Continue reading Socialism Finds It’s Way to Los Angeles →

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 →

Wall Street on Contrarians & Commercial Real Estate

Wall Street on Contrarians and Commercial Real Estate By: Nicholas A. Dunlap, CPM The Real Estate section of yesterday's Wall Street Journal boasted an interesting headline that fitly described the current real estate investment climate. “Beaten down and bid up” it proclaimed, in reference to the Commercial Real Estate market and specifically the Real Estate … Continue reading Wall Street on Contrarians & Commercial Real Estate →

3 Steps to Better Resident Screening

3 Steps to Better Resident Screening By: Nicholas A. Dunlap, CPM As a landlord, there are few things worse than preparing a unit for rent, marketing it and ultimately renting it to what turns out to be a problem tenant. However, thanks in part to technology and comprehensive criminal record, credit bureau and other such … Continue reading 3 Steps to Better Resident Screening →

April 22nd: Judgement Day?

April 22nd: Judgement Day?By: Nicholas A. Dunlap, CPM This week in California there were over 131 arrests made of contractors who are accused of operating without the appropriate licenses for their trade. The arrests were made in conjunction with Contractors State Licensing Board investigators who suspected that these individuals had either been using someone else’s … Continue reading April 22nd: Judgement Day? →

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 →

Good News From Westwood

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 →

In Advertising It’s What You Say, Not How You Say It

In Advertising It’s What You Say, Not How You Say ItBy: Nicholas A. Dunlap, CPM The New York Post ran an article the other day that summarized a recent list of words a busy Real Estate brokerage (The Corcoran Group) will no longer use in their advertising. Among the words: exclusive, quiet, private, kids, walking, … Continue reading In Advertising It’s What You Say, Not How You Say It →

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? →

Undercover CPM

Undercover CPMBy: Nicholas A. Dunlap, CPMI am not much of a TV watcher outside of sports, news and other documentary type programming, but recently I have taken a liking to a show on CBS named “Undercover Boss”. In the show, an Upper Level Executive hits the streets and visits the various locations in their firms … Continue reading Undercover CPM →