Rental Market Emerges as Housing’s Bright Spot

Posted October 24, 2011 by mackcompanies
Categories: Industry News, Real Estate Investing

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Daily Real Estate News | Tuesday, October 18, 2011

“With rental demand rising and apartment economics improving, the multifamily sector is a positive signal for the U.S. housing industry,” writes Frank Nothaft, Freddie Mac’s Chief Economist, in the October 2011 U.S. Economic and Housing Market Outlook.

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Investors See Bigger Profits From Rising Rents

Posted October 24, 2011 by mackcompanies
Categories: Industry News, Real Estate Investing

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Daily Real Estate News | Friday, October 21, 2011

Rental demand and prices continue to soar, and investors are cashing in. Rents are rising at a 5.17 percent annual rate — up from last year’s 4.72 percent rate. If rents continue to grow at their current pace, they won’t be too far behind the record-high reached in 2000 of 6.18 percent, according to Axiometrics Inc.

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Chicago Tribune profile of MACK Companies

Posted October 13, 2011 by mackcompanies
Categories: MACK in the News, Real Estate Investing

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MACK Companies inspecting a homeThe Tribune’s Money and Real Estate section interviewed the founder of MACK Companies James McClelland on the business of investment properties and community development.  The entire article can be viewed here:  http://www.chicagotribune.com/classified/realestate/foreclosure/ct-mre-1002-umberger-foreclosure-20110930,0,2739296.column

MACK sits down with Multi-Family Executive Magazine

Posted October 13, 2011 by mackcompanies
Categories: MACK in the News, Real Estate Investing

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MACK Companies McClellandMACK Companies CEO James McClelland discusses the impact of shadow inventory and property management with one of the industry’s premier publications.  The entire article can be viewed here:  http://www.multifamilyexecutive.com/single-family/interview-with-mack-cos-ceo-james-mcclelland.aspx?printerfriendly=true 

MACK connects with “A Rentership Society” author at Morgan Stanley Research

Posted October 13, 2011 by mackcompanies
Categories: Industry News, Real Estate Investing

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The real estate team at Morgan Stanley Research recently released a report entitled ‘A Rentership Society’ where they present the fundamental trends driving the strong demand for multifamily and single-family rental housing throughout the country.  Oliver Chang heads up this research group at Morgan Stanley, so the redevelopment and rental professionals at Mack Companies talked with Chang to share their experiences of providing successful single-family rentals over the past 14 years.  View the entire article here:  MACK connects with ‘A Rentership Society’ author at Morgan Stanley Research