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Property Management

Report: 53 percent of Philly renters are cost-burdened

  • More than half of Philly renters paid too much of their income on rent during 2016, according to a new report by Apartment List. (from Curbed Philadelphia)

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  • Renting residential investment properties to college students can have a profitable upside … and some drawbacks, too, unless you’re prepared for them.

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  • Brandywine Realty Trust based in Radnor PA said it had more than 80 Energy Star-rated buildings in its 2012 portfolio.

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  • NEWTOWN SQUARE PA – Here’s the kind of news that probably causes commercial agents, specifically those dealing in office real estate, to break out the antacids. Citrix – the company that developed “GoToMeeting” software that lets team members in distant locations talk and see each other in virtual meetings on the web – completed a […]

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  • MALVERN PA – Liberty Property Trust, whose commercial real estate portfolio consists of 650 office, distribution and light manufacturing properties that serve 1,800 tenants, said Tuesday (Dec. 11, 2012) that although it expects economic conditions during 2013 to slowly improve there may be few acquisition opportunities. In his forecast for the coming year, Liberty CEO […]

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  • NEW YORK NY – The previously high-growth $7.4 billion market for home organization and storage has slowed down due to the housing collapse and enduring economic problems, according to “Home Organization in the U.S: General Purpose, Closet, Garages, and Storage Sheds,” a report released Monday (Nov. 14, 2011) from a market research firm called Packaged […]

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  • WASHINGTON DC – Real estate agents and brokers who are helping clients manage their investments need to keep them abreast of developments in multi-family and commercial property markets by staying on top of economic, regulatory, and legislative issues that affect lending, tax policy, health care and energy, Inman News Service reported Monday (May 16, 2011). […]

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  • WASHINGTON DC – Things are looking up nationwide for growth in new and existing apartments, condominium buildings, and other forms of multi-family housing, the Washington-based National Association of Home Builders said Thursday (March 10, 2011). The association announced that two key measurements it tracks to determine multi-family trends – the Multifamily Production Index, which gauges […]

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  • PHILADELPHIA PA – Simon Property Group Inc., the co-owner of the King of Prussia and Granite Run malls in the greater Philadelphia area, was named the most admired company in the real estate industry, the Philadelphia Business Journal newspaper reported Tuesday (March 8, 2011). The designation comes from Fortune magazine, which since 1997 has conducted […]

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  • HAZLETON PA – A federal appeals court ruled Sept. 9 (2010; Thursday) that Hazleton PA could not fine landlords who rent to illegal immigrants, or required prospective tenants to register with City Hall and pay for a rental permit. The court ban against both measures, part of the city’s crackdown on illegal immigrants, is seen […]

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