Friday, March 12, 2021

NAI Realvest Renews Two Long-Term Office Tenants at Primera Court 1 in Lake Mary, FL

 

Mary Frances West

ORLANDO, FL – Mary Frances West, CCIM, Vice President at NAI Realvest, recently completed 2 office renewals at Primera Court I, 725 Primera Blvd, Lake Mary, Florida.  West represents the owner, Interchange Primera Court I, LLC.

 NCS Pearson, Inc. dba Pearson VUE Test Center offers professional licensing certifications and exams across the globe.  They renewed their lease of suite 210 with 1,408 SF. 

Primera Court I, Lake Mary, FL

MasTec North America, Inc. dba Mastec Network Solutions renewed their lease for suite 235 with 2,670 SF. Mastec is a specialty contractor for communications, utilities and governments.

  CONTACTS:

Yelena Gurtovenko ygurtovenko@realvest.com

Mary Frances West, CCIM, Vice President, NAI Realvest 407-875-9989, mfwest@realvest.com

 Patrick Mahoney, President/CEO, NAI Realvest, 407-875-9989 pmahoney@realvest.com

 www.nairealvest.com.


IN THE UNITED KINGDOM: Glasgow Landlord-Tenant Relationships Poor

Rishi Sunak
 

MANCHESTER, UNITED KINGDOM --

In Rishi Sunak’s most recent Budget statement, which he shared in parliament on Wednesday, March 3, the Chancellor of the Exchequer admitted it will take a “very long time” for the UK’s economy to fully recover. 

 

Housing was an important issue addressed by Sunak. He said that the stamp duty cut will be in place for another three months and that there will be a “government guarantee” on 5% deposits in an attempt to get more people on the property ladder.




New research has shown that 55% of tenants whose landlords offer financial help such as rent reductions and payment breaks report a better relationship with them, which has helped the so-called ‘Generation Rent’. 

 

Letting management platform Mashroom surveyed 1,000 tenants and landlords in the UK to find out how rental relations are faring in the current climate. 

 

They found that;

 

·         Glasgow has the worst relationships with their landlord with 14.29% of respondents reporting a bad relationship 

·          

·         Brighton named the best place in the UK to rent for a good landlord relationship, 90% of respondents state a very good relationship.

·          

·         East Midlands have the best landlords - tenant relationship in England with 52.94% of respondents reporting a very good relationship. 

·         Birmingham most likely to break tenancy agreement clauses


Brighton, England seaside

Mashroom’s data reveals 75% of tenants describe relationships with their landlord as “good” and “very good” as 89% of landlords feel the same. They found that women have a better relationship with their landlord, with 46.67% of the respondents reporting a very good relationship. 

 

Stepan Dobrovolskiy, CEO of Mashroom, said: “Tenants and landlords often see each other as enemies, but a lack of communication is usually the reason why relationships break down."



 CONTACT:


Eva Cheng 

Eva@jbh.co.uk

 


IN ENGLAND: New research shows 75% of tenants love their landlord – and the feeling is mutual

Stepan Dobrovolskiy
  

 LONDON, ENGLAND -- New research reveals that an impressive 75 percent of tenants describe relationships with their landlords as “good” or “very good”, while 89 percent of landlords feel the same way. 

 

So what’s got tenants and landlords all googly-eyed with each other, especially when the stereotype is often one of two parties reading from different pages?




 

It turns out that, just like romantic relationships, it’s all about communication. 

 

Research commissioned by letting agent alternative Mashroom shows that 59 percent of tenants cited strong communication as the reason for their landlord love-in.

 

Sixty-seven percent of landlords also said that being communicative was the reason for their good relationship with tenants. 


 

The numbers at a glance

     

59% of tenants cite communication for their strong relationships with landlords

·         67% of landlords believe communication is essential

·         59% of tenants deal with their landlord directly

·         53% of landlords manage their properties

·         56% of tenants stay in their home for up to five years


Was it the middleman all along stopping true love from blossoming between landlords and tenants?

 

 Letting agents and property managers are often seen as the go-between to get deals done and take care of property maintenance, but it looks like their involvement is a hindrance rather than a help. 

 

Out of the tenants and landlords surveyed, 59 percent of renters said they deal with their landlord directly, rather than going through a letting agent or property management company.

 

Of landlords, 53 percent said they let and manage their rented properties without external help. 


 

That direct communication is leading to tenants and landlords staying together for longer, too.

 

Thirty-three percent of tenants said they live in their rented homes for between two and five years, with 23 percent staying for more than half a decade. 

 

The landlords surveyed also enjoyed long-term relationships – 30 percent have had the same tenants for between two and five years.  

 

The research carried out by Censuswide has debunked the myths of disgruntled tenants and impatient landlords.




 The short ads take a tongue-in-cheek approach to what can go wrong when there’s a lack of communication between tenants and landlords, painting the picture of unhappy couples taking a leaf out of the romantic relationship playbook and finding themselves in counselling sessions to fix their personal issues. 

And it is a lack of communication that plays a role in landlords and tenants failing to get on, with 75 percent of unhappy renters saying more communication was needed.


 

Slow repairs came in as the second biggest problem to cause a tiff between tenants and landlords with 50 percent saying it was enough to ruin the relationship completely. 


Stepan Dobrovolskiy, CEO of Mashroom, said: “Tenants and landlords often see each other as enemies, but a lack of communication is usually the reason why relationships break down.

 

"This could be because a letting agent or property manager is acting as the go-between but isn’t relaying the information correctly.




 "When landlords and tenants communicate directly, however, the results are better – whether it’s arranging repairs or paying the rent on time.

 

"From what we’ve seen, by having strong lines of communication, both landlords and tenants have more respect for each other.

 

"This builds healthier relationships that create a better renting environment for everyone involved."

 CONTACT:


Eva Cheng 

Eva@jbh.co.uk