Press

In the second installment of our outlook series, experts weigh in on buyers' changing needs and the condo sector's prospects.

A silver tsunami of aging seniors—65 years and up—continues and is expected to double from its current 46 million to more than 98 million by 2060, according to U.S. Census Bureau data. 

 

FirstService Residential, New York's leading residential property management company, released Energy Report Cards this week for condominium, cooperative, and multifamily rental properties in the company's New York portfolio.

As the CEO of FirstService Residential, David Diestel has witnessed the shifting trends in the high-rise luxury market. Luxury buyers demand name recognition, impressive amenities, and immediate service. Diestel’s company aims to bring all these requests and more to today’s high-rise purchasers

Arthaus, a Philadelphia high-rise located on the Avenue of the Arts, is where a condominium meets a 5-star resort. Discover an up-close feature of FirstService Residential managed high-rise, Arthaus

Among the many benefits of living in a multifamily building or HOA is a built-in community of residents who can get to know each other and ultimately enjoy spending time together.

Part of the appeal of HOA or condo living is living in an orderly, well-kept community where neighbors have agreed to uphold certain standards for their properties.

As the world of community association management continues to evolve, it's becoming increasingly clear that the profession is taking on new dimensions.

As the number of retirement communities continues to increase across the U.S., there is equally growing demand for implementing resort lifestyle offerings in 55 and over communities.

These are interesting times for multifamily. Once the golden child of the CRE family, it is still considered to be a long-term favorite. But the short-term is fraught with problems. A supply pipeline that is reaching a 50-year high. An interest rate regime that has made refinancing harder and cut margins.