The asset type has a low vacancy rate of 7.7% as of this year’s second quarter, according to real estate firm Cushman & Wakefield. Rental rates are also growing; they’ve grown 15.4% locally over the past year, according to an ApartmentData.com report.
Nashville Business Journal (August 23, 2022) - Read The Full Article
In the same time period, rents in Dallas-Fort Worth were up 17.3%, according to ApartmentData.com.
Fort Worth Star-Telegram (August 21, 2022) - Read The Full Article
Local rental rates are up 15.4% over the last year, and the sector’s occupancy rate is hovering around 93%, according to ApartmentData.com.
Nashville Business Journal (August 17, 2022) - Read The Full Article
“Traditional ways of looking at anything are turned upside down,” said Bruce McClenny, president of Apartment Data Services.
Atlanta Business Chronicle (August 17, 2022) - Read The Full Article
ApartmentData.com lists two additional projects: the 318-unit Sire Kingwood on Stowbridge Drive, which has an expected September 2022 move-in date, and the 250-unit Vintage Preserve in the Louetta area near Willowbrook Mall, which has an expected move-in date of April 2023.
The Real Deal (August 16, 2022) - Read The Full Article
Davis Development, based just outside Atlanta in Stockbridge, Georgia, has five complexes under construction, according to ApartmentData.com and the company’s own website, and a sixth planned on the Westpark Tollway, according to Fort Bend County officials.
Houston Business Journal (August 15, 2022) - Read The Full Article
Young professionals, families and empty nesters are migrating into Sunbelt markets. In July, the median sales price of a metro Atlanta home was $422,500, a jump of 48% from March 2020, according to First Multiple Listing Service data. The average asking rent for an apartment has grown by more than 24% since 2019, according to estimates from ApartmentData.com.
Atlanta Business Journal (August 12, 2022) - Read The Full Article
ApartmentData.com, a Houston-based company founded by John Severance in 1986 to provide rental trend data to the multifamily industry, has been acquired by MRI Software, a global provider of real estate software based in Solon, Ohio.
Houston Chronicle (August 11, 2022) - Read The Full Article
The average asking rent for an apartment in the Acworth area hovers around $1,800, according to ApartmentData.com. That’s costlier than other suburbs such as Marietta, Lawrenceville or Decatur. But it’s still a bargain compared with average apartment rents in Midtown or Buckhead, both of which now clock in around $2,200.
Atlanta Business Chronicle (August 10, 2022) - Read The Full Article
Rents spiked 12.8% over the last year, versus 2.8% year-over-year in 2021, akin to rental raises throughout the country, per the report, though Houston remains significantly cheaper than the rest of the nation. Elsewhere in Texas, San Antonio averaged the same asking rental rate per SF, making both San Antonio and Houston less pricey than Dallas, which averaged $1.73 per SF, and Austin, where rents ran $1.93 per SF, according to August ApartmentData.com data.
Bisnow Houston (August 10, 2022) - Read The Full Article
The average rent for an apartment in the Greater Nashville Area, encompassing Davidson County, Murfreesboro and Franklin was $1,611 last month, a $17 uptick from the month prior, according to an August ApartmentData.com market report.
The Tennessean (August 9, 2022) - Read The Full Article
How downtown’s residential population grows may depend on the recovery of the office market, said Bruce McClenny, president of Houston-based ApartmentData.com, adding that once office occupancy improves and the market can adjust to a post-pandemic normal, downtown will become more vibrant and attract more residents.
Houston Business Journal (August 5, 2022) - Read The Full Article
The company on Thursday, Aug. 4, announced in a news release that it has bought ApartmentData.com, a Houston-based provider of market research and data services that enable multifamily property owners and managers to increase property values by optimizing pricing and occupancy.
Crain's Cleveland Business (August 4, 2022) - Read The Full Article
MRI Software, a real estate technology company, has acquired Houston-based market research company ApartmentData.com for an undisclosed price.
Cleveland Business Journal (August 4, 2022) - Read The Full Article
The data was extracted from various online research sites such as ApartmentData.com, ApartmentList.com, CoStar and a couple of other aggregators.
Triangle Business Journal (August 4, 2022) - Read The Full Article
Houston-based market research company ApartmentData.com has been acquired by MRI Software, a Solon, Ohio-based real estate technology company, for an undisclosed price.
Houston Business Journal (August 4, 2022) - Read The Full Article
The average rent in the Kingwood/Lake Houston submarket rose 12.8% in the past 12 months, according to ApartmentData.com, compared to 9.8% Houston-wide.
(August 4, 2022) - Read The Full Article
MRI Software, a global real estate software firm, has acquired ApartmentData.com, a Houston based firm that provides detailed market information to the multifamily industry.
Realty News Report (August 4, 2022) - Read The Full Article
MRI Software has expanded its property management solutions for the multifamily industry with the acquisition of ApartmentData.com, a Houston-based provider of market research and data solutions for owners and managers.
Multifamily Executive (August 4, 2022) - Read The Full Article
Austin apartment rents eclipse those of other Texas metros, according to ApartmentData.com.
(August 3, 2022) - Read The Full Article
