Thursday, March 28, 2024

May June 2023

Rent control renaissance

Failed attempts to implement rent control remind us there is really only one way to lower housing prices when there is a shortage: build...

Making it to morning

“Tell us about the American miracle,” someone yelled breaking the crowd’s silence. It was 1981. The event was an international economic summit in Canada, and...

Infographic: Breaking buildings

Breaking buildings Commercial real estate CLOs (collateralized loan obligations) are mortgages that are packaged into bonds and sold to investors. CLOs are widely used...

Infographic: Happy. Happy. Happy.

Happy. Happy. Happy. Job satisfaction hit a 36-year high in 2022. This is great news having moved through a wave of quiet quitting. There’s...

Infographic: The path less sustainable

In May Environmental Protection Agency (EPA) Administrator Michael S. Regan released a 681-page Emissions Program for comment. If implemented, the plan will significantly increase...

Hope and uncertainty

Better times might be just around the corner for apartment investors stressed by the highest interest rates in years. Or interest rates could easily keep...

The great setting of expectations

Good customer service begins with onboarding. Studies have shown that residents who are satisfied at move-in tend to remain satisfied through renewal and those...

Hard habit to break: eviction moratoriums

A handful of California cities are still enforcing laws that protect tenants from eviction or rent increases, extending pandemic-era policies that most of the...

The road to $1T

American credit card debt remains at record-breaking heights according to fresh government data as consumers turn to plastic amid stubbornly high prices on everyday...

Summer of blackouts

Two-thirds of North America could face power shortages this summer during periods of extreme electricity demand and spiking temperatures, the nation’s grid reliability monitor...

Marketing must haves

As a property management company (PMC) it’s essential to ensure you’re making the most of your localized marketing efforts. PMCs face the challenge of...

19 big errors to avoid in social media management

When companies decide it’s time to up their social media game, they have to figure out a way to manage the work that entails. Some...

Second act

Playhouse Square Foundation is beginning work to convert half of the Bulkley Building in downtown Cleveland into market-rate apartments. Playhouse Square is converting four of...

How electric cars might affect multifamily and other real estate

Most major automakers have followed Tesla’s lead into the world of electric vehicles, probably with more to come. California has banned internal combustion engines, effective...

Why multifamily property management needs a Tesla—not another Ford

Have you noticed how some industries or business categories seem to attract innovation like a magnet? Take the auto industry, where Elon Musk’s Tesla is...

How multifamily is adopting consumer retail techniques

In 2022, the U.S. inflation rate rose to 8.5 percent—the highest the country had seen since 1982. With rising inflation comes an increase in...

Finnish modular housing manufacturer moving to U.S.

The company plans to mass produce housing using heavily automated factories. Admares, which was founded in Finland, said it’s in the process of moving...

Marijuana use among U.S. workers jumps to historic high

American workers using marijuana on the job rose to a historic high last year, according to a new study. Diagnostic information service Quest Diagnostics released...

Arizona limits construction in Phoenix area

Arizona officials announced in May the state will no longer grant certifications for new developments within the Phoenix area, as groundwater rapidly disappears. A new...

The shape of U.S. water

The Colorado River Compact The Colorado River Compact of 1922 divided the river into two basins: The Upper Basin (Colorado, New Mexico, Utah and Wyoming)...

BFR hits record

The construction of single-family homes built deliberately to be rented is forging full steam ahead as investors bet on rentals. The number of newly built...

Household formation and the quest for space

New research suggests one driving factor for the rise in new household formation: People got sick of living with each other. Unsurprisingly, when people are...

Banks face risk from CRE loan exposure

Banks have seen a lot of concerns over the last few months by depositors, investors and regulators. Multiple institutions were shuttered when it became...

An idea so bad it was bound to return: public housing

One of the biggest frustrations about getting old is hearing younger people propose ideas that were debunked decades ago—and then getting “eyes glazed over”...

Finding value in AI

Over the course of 2022 and early 2023, tech innovators unleashed generative AI en masse, dazzling business leaders, investors, and society at large with...

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