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 →

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 →

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 →

The Numbers Speak for Themselves

The Numbers Speak for ThemselvesBy: Nicholas A. Dunlap, CPMThere is no better way to combat the effects of a down economy than good old-fashioned hard work. Through extensive marketing campaigns, enhanced on-site efforts and thorough market knowledge, we are outperforming the competition. Portfolio wide, we have only 11 units unaccounted for by way of application … Continue reading The Numbers Speak for Themselves →

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 →