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Most expensive rents in Florida? Would you believe Miramar?

Five Broward County cities rank as the priciest rental markets in Florida — and, no, Fort Lauderdale doesn ’t top the list. Miramar leads with a July average rent of $1,800 a month, up 3.2 percent from a year ago, according to RENTCafĂ©, a nationwide apartment search website . Adrian Rosenberg, a representative for the website, noted that Miramar rents have increased steadily in recent years and that more than half of Miramar’s apartment stock is made up of high-end buildings, which includes 1,500 new units delivered since 2013. Despite the recent building boom of luxury apartments in Fort Lauderdale , Broward’s county seat comes in only at No. 2 at $1,751 a month. Davie is third at $1,739. Coral Springs and Pembroke Pines are tied at No. 4 at $1,653 a month. In another upset, Miami came in at only No. 6 ($1,587) because lower- priced neighborhoods drove down the average rent, Rosenberg said. West Palm Beach was No. 7 at $1,344. No other Palm Beach County community made the top 1...

California legislators chip away at housing crisis; big solution elusive

We know the problem well. We live it. Other than Hawaii, California has the ignominious distinction of leading the nation in housing costs, and not by a little. A San Francisco apartment costs more than one in New York City. A Silicon Valley home is beyond reach of all but the wealthy. A 2015 Legislative Analyst’s Office report said homes here cost two and a half times more than the average national price . It gets worse by the day. Companies expand elsewhere because workers can’t afford to live here. For workers who stay, commutes are interminable because they live far from their jobs. It has taken California decades to get into this mess. Consider what’s coming to be a down payment. No fewer than 15 housing- related bills awaited legislators upon their return Monday. Some would provide tax incentives so the working poor can afford decent housing , and homeless people can find shelter. Others would streamline approval for new homes so millennials can own a piece of the American dr...

SF Deltas room together in Nob Hill apartment complex

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http://www.sfgate.com/sports/article/SF-Deltas-room-together-in-Nob-Hill-apartment-11729292.php By Juan Reyes Updated 11:06 am, Friday, August 4, 2017 Nana Attakora relax in Ouimette’s apartment in San Francisco . Photo: Scott Strazzante, The Chronicle" /> Photo: Scott Strazzante, The Chronicle The Deltas’ Karl Ouimette (left) and Nana Attakora relax in Ouimette’s apartment in San Francisco . It’s Wednesday afternoon and some pro soccer players are sitting around a small kitchen table , immersed in an intense card game similar to poker. San Francisco Deltas team captain Nana Attakora shuffles his cards with his thumbs, patiently waiting for his teammates to make a move. Bryan Burke throws down his hand and says he’s out of the game, followed quickly by Danny Cruz, as a song from Kanye West’s “Life of Pablo” album blares in the background. Attakora stares down Kyle Bekker, who’s taking his sweet time, but like his teammates before him, Bekker folds as well. This is jus...

AvalonBay Communities (AVB) Q2 2017 Results - Earnings Call Transcript

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AvalonBay Communities, Inc. (NYSE:AVB) Q2 2017 Earnings Call August 03, 2017 1:00 pm ET Executives Jason Reilley - AvalonBay Communities, Inc. Timothy J. Naughton - AvalonBay Communities, Inc. Sean J. Breslin - AvalonBay Communities, Inc. Matthew H. Birenbaum - AvalonBay Communities, Inc. Kevin P. O'Shea - AvalonBay Communities, Inc. Analysts Nicholas Joseph - Citigroup Global Markets , Inc. Nick Yulico - UBS Securities LLC Richard Allen Hightower - Evercore ISI Juan Sanabria - Bank of America Merrill Lynch Andrew T. Babin - Robert W. Baird & Co., Inc. Austin Wurschmidt - KeyBanc Capital Markets , Inc. Dennis Patrick McGill - Zelman & Associates Wes Golladay - RBC Capital Markets LLC Alexander Goldfarb - Sandler O'Neill & Partners LP Vincent Chao - Deutsche Bank Conor Wagner - Green Street Advisors , LLC Richard Hill - Morgan Stanley & Co. LLC Robert Stevenson - Janney Montgomery Scott LLC Operator Good morning, ladies and gentlemen, and welcome to AvalonBay...