Archive for May, 2014

How to Manage Your Twitter Firehose

Here’s a nice post at SmallBusiness.com on how you can use Twitter’s list function to drink out of the Twitter firehose without drowning.

Here’s the hype: Get a Twitter account and you can follow what is being said by all your favorite friends, companies, organizations, news sources, etc.

Here’s the reality: Once you follow more than a few other users of Twitter, you will see only a fraction of what they have to say.

There are two reasons for this: (1) You will ignore lots of what you receive when you aren’t actively monitoring Twitter and (2) When your Twitter timeline reaches a certain (and mysterious) velocity of incoming tweets (you either follow too many or the ones you follow tweet a lot), Twitter’s New Orleans-based department of voodoo technologies, will start filtering your incoming tweets to keep you from melting down like the Wicked Witch of the West.

The rest of the post is a quick step-by-step tutorial that will help make Twitter an effective tool for you and your business.

 

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May 31, 2014 at 2:38 pm Leave a comment

Internet Trend Report

For your Friday reading pleasure, Mary Meeker’s latest Internet Trends Report:

May 30, 2014 at 5:41 pm Leave a comment

Fee for Bulky Item Removal in Greensboro?

We’ve heard through the grapevine that Greensboro’s City Council is considering adding a fee for bulky item pickup/removal at single family and multifamily addresses. We’ve been looking for feedback from members about this proposal and would like to hear from you if you too. Here are a couple of things we’ve heard so far:

  • You cannot control what other people dump at your property. It is unfair for us to pay for bulk items not generated by our tenant. Furthermore, if they start charging everyone (including single family homeowners) for bulk pick up then some of those folks will come dump their bulk items at apartment complexes and we will be responsible for paying for those items.
  • Some properties have significant turnover and the residents moving out often leave their furniture by the dumpster.

So, what would your concerns be if the city decided to impose a fee? Leave a comment here or email Jon Lowder with your comments.

 

May 29, 2014 at 6:15 pm 1 comment

Ginkgo Purchases Salem Crest in Winston-Salem

From Ginkgo’s press release:

Ginkgo Residential today announced the acquisition of Salem Crest Apartments located in Winston-Salem, North Carolina, for a contract price of $4,250,000. The approximately 17 acre property contains 144 one, two, and three bedroom apartment homes. The property also includes a swimming pool, playground, and ample walking areas.

Philip Payne, CEO of Ginkgo Residential stated, “Salem Crest represents the latest addition to Ginkgo Residential’s rapidly growing portfolio of high quality, modestly priced apartment properties. With the acquisition of Salem Crest, Ginkgo now operates four properties housing over 500 families in the Winston-Salem market. Ginkgo is committed to, and intends to continue to expand its operations in, the Winston-Salem area.”

 

May 29, 2014 at 1:15 pm Leave a comment

Can Millennials and Boomers Coexist?

Allen Morris Residential has decided to build a community that attracts both Millennials and Baby Boomers:

When W. Allen Morris was planning a new apartment community, he knew he wanted to cast a wide net to appeal to both Baby Boomer and Millennial renters.

So, he took a look at his own family and decided to build a place where they would all feel welcome. The 62-year old Morris surveyed his six children, who range in age from 23 to 32, to find common ground between his Baby Boomer values and their Millennial and Gen Y expectations…

“The idea is not to target a specific age group but to design it for people that like art and fitness and other common interests,” he says. “It should attract a broad range of people.”

Morris’ Coral Gables, Fla.-based company, Allen Morris Residential, will develop the apartment building on two acres of undeveloped land, an entire city block in St. Petersburg.

May 28, 2014 at 2:56 pm Leave a comment

Indy-Based Company Stumbles Upon Successful Format for Boomers

Indiana-based J.C. Hart has hit on a format that appeals to boomers:

Juleen and the team at Carmel, Ind.-based J.C. Hart Co. stumbled on an attractive layout that had Baby Boomers flocking to a local development called The Legacy Towns and Flats.

“One of the things we kind of just started experimenting with was doing more townhome, two-story type of units attached to your more traditional garden-style building,” Juleen, the company’s vice president of marketing, says. “What we’ve found is those are catering to the older renters, the Baby Boomer type, that are looking to not have a home any longer.”

The design was so successful at enticing Boomers from the local Indianapolis area, the company decided to develop additional phases of townhome-like units at the Carmel community. The design was also carried over and expanded to other properties, including a new development in Fishers, Ind. called The District at Saxony. That community boasts 17 floorplans from one-bedroom up to three-bedroom units, offering a mix of one, two and three levels.

May 27, 2014 at 8:55 pm Leave a comment

Coy Willard Sells Swathmore Court Apartments

An investment firm managed by Greensboro attorney Marc Isaacson has purchased Swathmore Court Apartments (High Point) from long-time High Point apartment developer/manager Coy Willard’s company. From the Triad Business Journal:

A New York-based real estate investor bought the 104-unit Swathmore Court Apartments in High Point for $5.9 million, according to public record…

The apartments and 6.5-acre property was sold by High Point Holdings III LLC, an entity managed by High Point businessmanCoy Williard Jr. of Williard-Stewart Inc.,according to the deed.

The complex is at least 10 years old and is 95 percent occupied, said Swathmore Courts Apartments representative Susan Cobb.

Swathmore Investors LLC will take on the $4.6 million balance due on the mortgage to Prudential Huntoon Paige Associates LLC, the deed shows. The $5.9 million sale closed on May 1.

May 13, 2014 at 4:07 pm Leave a comment

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