Welcome to the official blog of Block Real Estate Services, LLC (BRES). BRES seeks to offer insight and news concerning commercial real estate, financial investments, construction and development of the 212 communities we serve locally and nationally.
Friday, December 20, 2013
Day 10- Block Multifamily Group- 12 Day's of Why It's Great to be in Kansas City!
Block Multifamily Group (BMG) has had an exciting year with a variety of nation-wide acquisitions. Our BMG portfolio has increased by 1300
units in four different locations stretching from 1,008 units in Texas, 232 units
in Arkansas, and 72 units in Kansas. Read more for the exciting developments from KC BMG on the developing multifamily housing trends and our showcase property, Bella Madera property.
The Multifamily renters market is expected to grow up to
3.5% in 2014 and the new generation of renters want to live in spaces that
come equipped with a long list of amenities that go beyond pools and workout
centers. One of the biggest trending amenities
is having a blazing fast free Wi-Fi connection that meet the demands of Millennial’s
technological needs. The website Multifamily
Executive recently reported that going green is on essential fast track with, “ 62% of
respondents reporting that their apartment’s environmental friendliness was an
important factor in choosing a place to live, and they wanted to feel like they’re giving back
simply by living in an eco-friendly building.” Grooming facilities are now becoming expectations
as pet ownership skyrockets demanding apartments to accept animals. Many developments are focusing on keeping a
resort style feel, and creating social environments for its residents.
Bella Madera at Lake Lewisville, BMG's newest asset, is located about 20
miles north of Dallas. This BMG property is among the leading resort style
designed multifamily rentals, and is meeting the ideal expectations of this
next generation renters. Bella Madera’s aggressive marketing plan is predicted
to keep this a well sought after property in Texas with its modern design and high