Multi-family Still Rising

Many analysts and industry experts wondered if multi-family would start to slow down in 2014.  After all, the sector has enjoyed almost six years of continuous improvement.  However, early results for the first quarter have analysts predicting continued strong performance for multi-family investments for years to come. The multi-family vacancy rate dropped to 4% in the first quarter – improving from previous historical lows in the third and fourth quarters of 2013.  Meanwhile rents rose 0.6% in the first quarter – up 3.2% from the previous year and 13% since…

Real Estate Management and the Request for Proposal Process

When it comes to providing value added real estate management services, a well implemented request for proposal (RFP) process is critical to getting the best value for your client. In this day and age of specialization many of the services required to properly care for your real estate investment involves the use of a specific vendor or supplier that is an expert in the service needed.  Certain services require unique or costly equipment to complete or that may be seasonal in nature.  Landscaping and snow removal are services that are…