The Multifamily Applicant Risk Index (MAR Index) is published quarterly by First Advantage SafeRent and is now based exclusively on traffic credit quality scores from their statistical screening model (ScorePLUS®). This quarterly report provides property owners and managers in Utah with a benchmark with which to compare their portfolio’s performance. The first quarter national MAR Index, including studios, one-, two-, three- and four-bedroom units, was 98.

Here is how Salt Lake City-Ogden, UT performed in the first quarter compared to last year:

SALT LAKE CITY – The most significant softening of fundamentals has already occurred in Salt Lake City, and operations in pockets of the metro will begin to stabilize later this year, with close-in retail corridors expected to stabilize ahead of the market, according to the 2010 National Retail Report by Marcus & Millichap, the nation’s largest real estate investment services firm.

Our children are our most treasured possessions. Of course we would do anything to keep them safe, but we might not be able to see all the dangers that could harm them. There is a possibility of lead based paint hazards if the apartment they live in was built before 1978.

THE GOOD NEWS...
As an apartment owner, you may qualify for Salt Lake County’s Lead Safe Housing program. A grant program that provides FREE SERVICES to make your appartment building safe. A program with NO COST to you or your tenants!!

SALT LAKE CITY – Resumed economic expansion and accelerating household growth in 2010 should set the stage for a healthy rebound in apartment fundamentals in 2011, according to the 2010 National Apartment Report by Marcus & Millichap, the nation’s largest real estate investment services firm. Last year, severe job losses and a spike in construction weighed on conditions.

The U.S. Department of Housing and Urban Development recently awarded $57,915 to the Housing Authority of the County of Salt Lake to help public housing residents find jobs that lead them toward economic independence.

BNY Mellon Corporate Trust has been appointed trustee and paying agent for the Utah Housing Corporation's $18.88 million bond issue. Utah Housing Corporation and Wasatch Advantage Group will use the proceeds of the issue, which is one of the largest uses of Tax Credit Assistance Program (TCAP) funds in Utah, to build Florentine Villas, the largest affordable housing development in Utah to begin construction using funds issued through the American Recovery and Reinvestment Act of 2009.

The Apartment Manager & Investor is a new Bi-Monthly Digital
Magazine for the Rental Housing Industry brought to you by The Landlord Times. The inaugural edition will be published in July 2009.

WASHINGTON, July 11 /PRNewswire-USNewswire/ -- The National Multi
Housing Council (NMHC)/National Apartment Association (NAA) joint