Quarterly Updates

  • Sun Showers

    Jul 29, 2022

    If the tremendous demand for apartments is an economic indicator, then the weather conditions are quite pleasant and favorable to remain that way. This graph from Witten Advisors shows the huge demand for apartments and how it has greatly exceeded any other time frame in the last 20 years. Read More

  • Stress for Success

    Apr 29, 2022

    In last quarter’s article I discussed how the operational trends we were experiencing were quite positive and that higher revenues should help offset rising interest rates that would impact our variable-rate loans. And while the operational performance continues to be quite strong as evidenced by our first quarter portfolio generating a 16.8% increase in rents for units that have been vacated and re-leased and 12% for renewed leases, interest rates have shot up Read More

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