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Tuesday December 8, 2009
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Rental Occupancy News is an EIN News Service for real estate professionals. Constantly updated news and information about reale state.
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  • Forest City Reports Fiscal 2009 Third-Quarter and Year-to-Date Results 8 Dec 2009 22:30 GMT
    ... 31, 2009, the Company's core portfolio of rental properties (Commercial and Residential Segments), provided a ... method. At October 31, 2009, comparable retail occupancies were 90.1 percent, compared with 91.6 percent ... residential net rental income (defined as gross rent less vacancies and concessions) decreased to 87.3 ...

  • Men's Wearhouse Reports Fiscal 2009 Third Quarter Results 8 Dec 2009 21:51 GMT
    ... Change % Sales Change % ------------------- -------------------- Current Prior Current Prior Year Year Year Year ... levels offset by higher average ticket. Tuxedo rental sales, representing 21.1% of fiscal third quarter ... net sales, increased 1.2%. Gross margin before occupancy costs, as a percentage of total net ...

  • Vail Resorts Reports Fiscal 2010 First Quarter Results and Early Season Indicators 8 Dec 2009 13:42 GMT
    ... segment results were favorably impacted by improved retail/rental contribution due to higher gross margins, improved ... print media. Lodging segment results in the current year first fiscal quarter included Colorado Mountain ... a similarly impacted drop-off in transient guest occupancy, hotel revenue per available room ("RevPAR") declined ...

  • Empty mall space bought 8 Dec 2009 00:31 GMT
    ... is able to be aggressive in its rental rates. Attractive rent levels, based on a modest building price, ... that are anxious to keep their own occupancy costs as affordable as possible in tough ...

  • Empty Antioch mall space sold 8 Dec 2009 16:50 GMT
    ... is able to be aggressive in its rental rates. Attractive rent levels, based on a modest building price, ... that are anxious to keep their own occupancy costs as affordable as possible in tough ...

  • Fitch Downgrades 6 Classes from MSCI Trust 2005-HQ5; Assigns Outlooks & LS Ratings 8 Dec 2009 00:20 GMT
    ... Fitch Downgrades 6 Classes from MSCI Trust 2005-HQ5; Assigns ... area highly concentrated in government tenants. Property occupancy was 62.8% as of October 2009 rent roll, which is a significant decrease from ...

  • Blackstone Builds a London Tower for Students 8 Dec 2009 23:33 GMT
    ... 's main financial district won't house bankers or office ... oversees the student housing unit. The average occupancy rate in the industry is 99%. In ... standards. For the same price, they could rent a local with a separate lounge, kitchen, ...

  • Council salary cuts on the table 8 Dec 2009 06:17 GMT
    ... a new contract with the county to house prisoners charged under city code at $70 ... that would charge owners of non-owner occupied rental properties a licensing fee and require the ... of legislation, which would require certificates of occupancy for rentals, was given a second reading ...

  • Vail Daily letter: Not so fast, now 8 Dec 2009 01:34 GMT
    ... and January over last year. Reservations or occupancy — revenue? And what 18 properties reported ... this valley, they represent what percentage of rental units? As an owner of two units ... discount 40 percent to 60 percent off rates from last year and are only up ...

  • Rising care home costs hit Southern Cross 8 Dec 2009 20:16 GMT
    ... 8 2009 18:54 Spiralling labour, administration and rental costs have increased operating losses at saw ... repeat of its 2008 covenant breach. Average occupancy in the group’s homes that have been ... has lifted the number of its homes rated “good or excellent” by the Care Quality ...

  • Firm set to expand plant in Alton 8 Dec 2009 06:11 GMT
    ... ALTON - A manufacturing company plans to expand its ... add 25 to 35 jobs to the current Alton staffing level of 94 by the ... park, then the city would issue an occupancy permit prior to releasing the grant money. ...

  • THE RENT CYCLE 7 Dec 2009 22:31 GMT
    ... occupied. Right now, it's a free month's rent and a flat screen television for signing ... he's also started accepting Section 8 public rental vouchers to sop up idle units. "We've ... the New Orleans area is under duress. Occupancy rates have dropped from 92 percent a ...

  • Seniors housing: Let's make a deal! 7 Dec 2009 22:58 GMT
    ... Note to seniors seeking independent- or assisted-living communities: No ... communities: No time like the present. With occupancy rates down and rent growth slowing, some private-pay (non-government) senior-housing companies ...

  • Revised target for rental code revision: 2010 4 Dec 2009 05:17 GMT
    ... Revised target for rental code revision: 2010 By Edie Ross - ... without few options for recourse. According to current city code, rental inspections are done only ... Property Maintenance Code and implement a rental occupancy permit or rental registration system. The city's ...

  • Adelaide bucks rental downturn 7 Dec 2009 11:51 GMT
    ... only Australian city to have recorded positive rental growth during the financial downturn, research shows. ... Fifty markets recorded double-digit declines in rental rates, including Melbourne, which fell 18.9 per cent, ... to $327 a square metre, with total occupancy costs up 4.8 per cent to $366 ...


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