Real Estate Wire/Green Trends News Wire

JACKSONVILLE, Fla.  – LandSouth Construction, a general contractor specializing in multifamily, senior housing and mixed use development, took part in the National Fall Prevention Stand-Down effort. The program serves to raise awareness of fall hazards in construction. Work was halted on all their job sites to talk directly to workers about safety. LandSouth Construction joined with the Occupational Safety and Health Administration (OSHA) in the second annual National Fall Safety Stand-Down to focus on preventing accidental injuries and catastrophic deaths. “The Stand-Down focused on fall hazards and reinforcing the importance of fall prevention,” noted LandSouth’s Vice President of Operations Joe Passkiewicz. “The event was held last Monday on all our job sites. We stopped work to address this important aspect of construction work with all our employees, subcontractors and vendors.” Fatalities caused by falls from elevation continue to be a leading cause of death...

JACKSONVILLE, Fla. –  IHT Capital Advisors, a boutique real estate investment and asset management firm specializing in off-market multifamily housing, has opened their new corporate headquarters at 8130 Baymeadows Way, Suite 306 in Jacksonville, Fla. “This is the culmination of our outstanding success as a one-stop shop for real estate investment Funds, individual and institutional investors since we opened in 2014. Our solid track record for clients looking for off-market multifamily properties created a need to expand our offices,” said Principal James Shearer. IHT Capital Advisors has closed over $17 million in multifamily acquisitions in the Southeast since forming in the last four months and is actively working with investors throughout the country and apartment property owners in Florida, Texas, Alabama and Mississippi. “Our niche has made an impact since we bring a wealth of real estate experience and comprehensive services to investors that includes an extensiv...

J ACKSONVILLE, Fla.   – The First Coast Apartment Association (FCAA) presented their 20th Annual Circle of Excellence Awards on Thursday, May 14, 2015 at the historic Florida Theatre in Downtown Jacksonville. The association recognized the outstanding accomplishments of its members in dozens of categories during the awards gala. The FCAA serves the apartment industry in Duval, Clay, St. Johns, Flagler, and Nassau Counties and highlighted the highest level of service and commitment to the multifamily industry. Prestigious Circle of Excellence trophies, from Best Groundskeeper to Leasing Specialist to Property Management Company, were awarded to individuals and companies who embody the strength of the area’s apartment industry. Visit www.fcaaonline.com online or call (904) 292-1345 for more information. FCAA 2014 CIRCLE OF EXCELLENCE WINNERS Haley Miller Leasing Rookie of the Year Erry Pena Maintenance Rookie of the Year Sean Stalvey Conventional Leasing Specialist ...

You’re ready to put your apartment community on the market or re-launch your leasing campaign. Now take a long, hard look. Is it ready to meet the public? Does it even know what to say to the public? Ideally, according to Rita Williams of award-winning Merchandising Plus an apartment model should communicate “a stylish person with impeccable taste lives here."  Statistics reveal that 90 percent of prospective residents can’t envision what an apartment home would be like to live in unless it’s decorated, so you’re limiting yourself to the small 10 percent who might be the ones who see your apartment.  Williams has created model apartment homes, clubhouses, leasing and amenity centers around the country for mass appeal developers and niche owners looking for a sensational, positive factor when prospective residents visit their community. “The clubhouse becomes an extension of the apartment homes with fabulous functional amenity areas for an active or relaxing lifestyle f...

Growing occupancy and rental rates helped U.S. retail REITs post healthy operating metrics in the first quarter. Particularly at open-air power and neighborhood centers, efforts to refill empty anchor boxes with more productive new tenants paid off. At Brixmor Property Group’s open-air centers, total rent spreads were 13.7 percent. The quarter’s average base rent of $15.45 per square foot for new leases is 27 percent higher than the company's portfolio average of $12.19 per square foot.  Same property NOI increased 3.4 percent during the quarter. “Our small-shop occupancy gains and strong rent growth this quarter reflect our ongoing progress in repositioning our properties with best-in-class anchors, and the corresponding impact on our leasing productivity," said CEO Michael Carroll. DDR said first-quarter same-store NOI was up 2.6 percent. The firm generated new leasing spreads of 26.9 percent and renewal leasing spreads of 6.7 percent. The annualized base rent per occupi...