article thumbnail

Urban Infill Developments Bring Modern Touch to Historic Neighborhoods

Pro Builder

According to Forbes, popular locations for these developments include Chicago and Tampa, where people can enjoy the historic culture of the neighborhood, while maintaining their active lifestyles in a neighborhood they love. The result is the best of both worlds for the residents who ultimately opt to lease there. Infill Housing.

Tampa 52
article thumbnail

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. The gap was 40 percent in Nashville, 38 percent in Denver and 35 percent in Tampa, Fla., and Phoenix.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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%. The SFR REITs combined portfolio is concentrated in four markets (Atlanta, Phoenix, Tampa, and Las Vegas) where leasing demand has been very high.

article thumbnail

Location Focus: Florida – Rebounded And Ready

Business Facilities

Speaking with regard to Florida’s condition with jobs, tourism, manufacturing, housing values and other measurements a few years ago, Proctor said, “The future wasn’t that bright, but I think today we see quite a different picture. Located on the Gulf of Mexico in Southwest Florida, Cape Coral is the largest city between Tampa and Miami.

Florida 46
article thumbnail

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. There are billions and billions of dollars out there to finance homes that can be leased as fast as they can be built.”. Are You Ready for Build to Rent?

Phoenix 105
article thumbnail

COVER STORY: Editors’ Location Picks

Buisness Facilities Contributed Content

million renovation and development of the Museum Center Building, which houses the Museum of Discovery, restaurants and commercial information technology enterprises. Greater Omaha is home to Offutt Air Force Base which houses United States Strategic Command (USSTRATCOM), U.S. Tampa at 96.4 billion in output and contributed $7.5

Omaha 76