Homebuilder Seizes Upon a Niche Market Rental Opportunity
MBK Homes, who’s primary business has been for-sale housing, gets ready to open a rental community in the Carmel Valley area of San Diego with product more akin to for-sale townhomes than your traditional stacked flat apartments. The reason? Extremely low vacancy rates and lack of competitive supply for like product on the rental market. Seems like an interesting play.
About author
You might also like
Toll Doubles Profit in 3Q 2104, Stock Drops?
Although the current quarter was a strong one for Toll primarily due to its ability to compress overhead and selling expenses, the stock took a hit as a result of
Public Builder Report Cards
Builder Magazine grades each of the public builders’ 2014 performance based on key financial metrics. The head of the class – Lennar. The laggard among companies operating in California –
Asian Invasion
If you haven’t heard of Landsea yet, sounds like you probably will. One of China’s largest homebuilders proclaims that it will invest more than $1B into the US housing market.
0 Comments
No Comments Yet!
You can be first to comment this post!