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Article: New `Big-House' Complex under Development in Omaha, Neb.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- October 17, 2001
CopyrightCOPYRIGHT 2001 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Victor Epstein, Omaha World-Herald, Neb. Knight Ridder/Tribune Business News
Oct. 17--The big house has a whole new meaning these days in West Omaha and people are clamoring to get into it.
The big house in question is not a prison or jail, but rather an upscale rental trend that combines the space and amenities of a single family home with the convenience of apartment living. The concept appears to be doing well for property managers in a tough rental market, both in Omaha and nationwide.
The number of upscale renters has contracted in the past year as stock portfolios have shrunk, businesses have cut jobs and lower mortgage rates have ...