Already a user?

On-Site.com

We Move Leasing Online – A flexible online leasing platform for landlords and their renters.

Industry News

Energy costs important for multifamily properties

Energy consumption costs for multifamily properties increased markedly in recent years, and new legislation for improving efficiency may help inform property managers of the situation, as well as cut down on energy output in the long run. The past 10 years saw energy costs jump 20 percent, according to a report from IMT. This may… Read more >>

Manhattan experiences rental price slowdown in December

Rents in the Manhattan area slowed to end 2012, driven by many tenants moving out due to the price hikes. Overall, the borough's median rent rose to $3,150 per month in December, which was nearly 1 percent higher than the same month in 2011, a report from Douglas Elliman Real Estate and Miller Samuel explained.… Read more >>

Government has significant influence on loan market, report says

The commercial real estate financing market is significantly affected by the federal government, and a recent analysis asks the federal government to take a more active role in how the funds are distributed. While not all of the influence on the market is direct, there is still a significant part that is affected by the… Read more >>

Philadelphia area may see improving conditions

There may be more rental applications in the Center City area of Philadelphia, as it may experienced improved rental and investment conditions in the coming months. The area had a strong level of leasing volume last year, and this should increase slightly more this year, a report from Newmark Grubb Knight Frank explained. Last year's… Read more >>

Market finishes 2012 with continued improvement as rental rates increase in December

Rents rose in numerous areas of the country to end 2012, with some areas even experiencing rental gains that outpaced home prices. The overall rental price gain average was 5.2 percent in December, which was higher than the national home price growth jump of 5.1 percent, a report from Trulia revealed. Houston experienced the most… Read more >>

Market activity may shift to smaller markets in 2013

While property managers across the company may see improvements in multifamily market and economic conditions next year, the majority of activity could come from smaller, non-primary markets. This year should provide an improved commercial market, as more investors will look to purchase more property, according to a report from CoStar Group. This will likely won't… Read more >>

Rental demand may grow due to homebuying hesitation

The multifamily market may continue to see a steady stream of consumers grabbing rental application forms, as the low inventory in the residential sector, couple with credit issues, are steering some away from purchasing a home. In the next decade, the number of renter families could rise between 5 million and six million, according to… Read more >>

Forecast for New York City real estate conditions for 2013 vary

The commercial real estate market in New York City may see some noticeable trends this year, as the market continues to make strides toward recovery, industry experts have noted. Some of the emerging trends in the city could have a significant effect on the local multifamily market, especially the continued price increases forecast.. Prices may… Read more >>

Apartment sector may witness higher development levels

There may be more apartments ready to enter the timeline in the coming months, but this could have both good and bad effects on the multifamily sector. The current average of apartment unit development is approximately 250,000 units per year, according to National Real Estate Investor. This is still lower than the historical average of… Read more >>

Construction spending experiences drop in November

The level of construction spending experienced a lull in November, as most figures were down slightly compared to the previous month. The overall construction spending level was $866 billion, which was 0.3 percent lower than one month earlier, according to a report from the Department of Commerce. However, the figure was still more than 7… Read more >>