27
Aug

National Rankings of Apartment Vacancies and Rates

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According to data recently published by the ALN Apartment Data firm, apartments across the nation are suffering a marked decrease in occupancy and average rent rates. While this is a great situation for the renter, apartments are struggling to keep their books in the black. As occupancy dips lower, apartment communities are finding they must lower rates and increase advertising to match the lack of demand.

In order for most apartment communities to be profitable, they must maintain around 90% occupancy or above. According to data released, most major apartment market areas are well below this mark. To find the market trends in your city, click National Apartment Occupancy and Average Rent Rates to view the entire article.

Unemployment and Vacancy Trends

11
Aug

Alexan Silber

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Discover Trammel Crow’s newest luxury apartment community Alexan Silber, located in the prestigious Memorial area of Houston. The elegantly designed brick and stucco community contains four floors of residential space surrounding a five-story private parking garage. Future residents will enjoy spectacular custom amenities including stained concrete or wood plank floors, 9 foot ceilings with crown molding, spacious floor plans, gourmet kitchen with granite and stainless steel, and much more! The property also features two resort style pools with tanning ledges, athletic club, event/demonstration kitchen, recreation room, and a wine tasting room. With its centralized location to major employers, fine dining, and shopping, Alexan Silber is an excellent choice to call home.

Alexan Silber Apartments