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Penske Opens New Facility In Phoenix

Buisness Facilities Contributed Content

Penske has opened a new truck rental, leasing and maintenance facility in Phoenix. PRNewsFoto/Penske Truck Leasing). Penske Truck Leasing held a grand opening event in Phoenix to introduce a new state-of-the-art facility. ” The post Penske Opens New Facility In Phoenix appeared first on Business Facilities.

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Single-Family Rental Sector Gains Exceed Expectations

Pro Builder

John Burns Real Estate Consulting’s Single-Family Rent Index tracks 63 markets and found lease effective rates up 6% year-over-year in July, with the historical average being 3%. Rental demand is intense in Phoenix, Ariz., Riverside-San Bernardino, Calif., and Atlanta with growths up 13%, 12%, and 11%, respectively.

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Single-Family Rental Prices Jump at the End of 2021

Pro Builder

As sellers take the upper hand in a competitive housing market, landlords are also set to end the year on a high note thanks to a steady increase in new lease effective rents during the final months of 2021. Record-high 18% same-home new lease rent growth. In aggregate the SFR REITs reported in 3Q21: 98% same-home occupancy.

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Are You Ready for Build to Rent?

Pro Builder

More builders and investors are testing the waters of the single-family build-to-rent sector as consumers seek affordable housing options and to lease rather than buy. announced it was selling five of its communities in Phoenix, a total of 943 homes, to an affiliate of The Inland Real Estate Group of Companies , in Oak Brook, Ill.

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Monthly Mortgage Payments Outpace Rental Costs Nationwide

Pro Builder

A new report released by John Burns Real Estate Consulting earlier this month revealed that having a mortgage costs, on average, $839 more per month than having a lease, making renting the more affordable option for most Americans. and Phoenix. Renting is becoming more affordable than buying a home in most metros across the U.S.,

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Rental Markets Brace for Soaring Prices in 2022

Pro Builder

The cost of leasing an apartment will rise nearly everywhere across the U.S., leading to rent increases in Sun Belt cities like Phoenix, Las Vegas, and Tampa. Rental Markets Brace for Soaring Prices in 2022. Wed, 01/26/2022 - 10:17. but these 10 markets are expected to see the biggest changes.

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7 ways multifamily designers can promote wellness in urban communities

BD+C

Property Markets Group | X Phoenix. X-Phoenix pushes the boundaries of what wellness means—spaces that address both the body and the mind. Property Markets Group | X Phoenix. Through offering various events that appeal to many tastes and skill levels, these wellness rooms also build community—fostering well-being for residents.

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