Through an aggressive push in Washington, DC, to cut costs and improve operational efficiencies, the federal government's listings of properties for sale could balloon from less than a hundred or so to include potentially thousands of properties - and also, reduce the government's reliance on leased space. Read the rest of the article.
One highlight from the article:
"Last week, the House subcommittee on Economic Development, Public Buildings & Emergency Management approved a bill (the Civilian Property Realignment Act) that calls for setting up a commission to identify real estate properties that would be put out for sale. Rep. Jeff Denham (R-CA), chairman of subcommittee, sponsored the bill with the full backing of the President, who has directed federal agencies to accelerate efforts to eliminate unneeded properties, setting a goal of saving $3 billion by the end of 2012."
Thursday, June 2, 2011
Tuesday, May 31, 2011
WCAA Meeting - Thursday, 6/2/11 - Is your rent high enough?
The next meeting of the Wake County Apartment Association is this Thursday night, 6/2/11. We will be meeting at a new location, Perkins Restaurant off Capital Blvd and the I-440 Beltline.
During this week's meeting I will be sharing the results of the latest Triangle Apartment Market Report from Karnes Research and TAA. The report documents a rental market that is strong and getting stronger. After reviewing the highlights (including employment data, absorption stats, vacancy rates and forecasts) we will take a close look at detailed rent comparables and trends within specific submarkets around the Triangle and Wake County. I would also like those in attendance to consider sharing a sample of their current rental rates and ideas for negotiating new leases and renewals. This group discussion and information sharing should better equip everyone to maximize revenue in the coming months.
I have had 3 different landlords/managers tell me recently that this is the best rental market they have experienced in more than 10 years. Let's make sure we seize the opportunity.
NEW Location: Perkins Restaurant off Capital at I-440 - http://www.perkinsrestaurants.com/
2657 Appliance Court
Raleigh, NC 27604
919-828-7375
Time: Dinner and Networking 6:00 pm - 7:00 pm. Speaker 7:00 pm - 8:00 pm.
Guest are always welcome. Membership is currently $15/year.
During this week's meeting I will be sharing the results of the latest Triangle Apartment Market Report from Karnes Research and TAA. The report documents a rental market that is strong and getting stronger. After reviewing the highlights (including employment data, absorption stats, vacancy rates and forecasts) we will take a close look at detailed rent comparables and trends within specific submarkets around the Triangle and Wake County. I would also like those in attendance to consider sharing a sample of their current rental rates and ideas for negotiating new leases and renewals. This group discussion and information sharing should better equip everyone to maximize revenue in the coming months.
I have had 3 different landlords/managers tell me recently that this is the best rental market they have experienced in more than 10 years. Let's make sure we seize the opportunity.
NEW Location: Perkins Restaurant off Capital at I-440 - http://www.perkinsrestaurants.com/
2657 Appliance Court
Raleigh, NC 27604
919-828-7375
Time: Dinner and Networking 6:00 pm - 7:00 pm. Speaker 7:00 pm - 8:00 pm.
Guest are always welcome. Membership is currently $15/year.
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