Friday, April 26, 2024

Article

These awards recognize “significant achievements in the design, development, marketing and management of multifamily housing.”

NAHB Pillars of the Industry finalists 2023

As part of its mission to promote excellence in multifamily home building, the National Association of Home Builders (NAHB) has sponsored the Pillars of the Industry awards for over two decades. These awards recognize...

Game changer

With Greystar Real Estate Partners' acquisition of Riverstone Residential in June, the nation's two largest privately owned apartment management companies are now one mega-firm with almost double the number of managed units than that...

Publisher’s note: The mystery of beauty

A neighbor forwarded me a video titled “Germany from Above.” To the built environment enthusiast, the video delivered a steady stream of breathtaking architecture and craftsmanship through time... with a stark and somber visual...
Building more is the only way out of America’s housing crisis. Rent control and other government restrictions are just going to make the affordability problems in the U.S. all the worse.

Resurrecting the failed policy of rent control

It certainly isn’t common to find much agreement between the various authors at the Mises Institute and our favorite metaphorical punching bag: Paul Krugman. But when it comes to the recently resurrected policy corpse...
Slightly rising apartment rents will not be enough to help developers begin new projects, experts say. Interest rates will still be too high.

Survive to 2025

High interest rates will still burden apartment investors struggling to make deals in 2024. Others will struggle simply to hold onto their properties. Going into 2024, thousands of apartment investors are in serious trouble. Many...

A history of Faith

He decided to continue his education, since jobs were scarce, looking at either business school or law school, and ended up going to Harvard Business School to pursue his MBA. After graduating in 1986, Faith...
can local jurisdictions charge excessive impact fees for building permits for new housing

INFOGRAPHIC: Can governments use building permits to extort property owners?

The Supreme Court will hear a landmark property-rights case (Sheetz v. County of El Dorado) with major economic implications. When a decision will be made is unclear; Chevron was originally ruled on June 25,...
California architecture studio AO and Matteson Capital announced that they plan to request a variance from Oklahoma City to increase the height of the supertall skyscraper from its original proposed 1,750 feet to 1,907 feet. (PHOTOS: AO ARCHITECTS)

Empire OK building

If one developer has their way, it won’t be New York or California that has the highest skyscraper in America but Oklahoma City. Matteson Capital has been planning out a complex called the Boardwalk at...
LIHTC expanded as part of Tax Relief for American Families and Workers Act of 2024

INFOGRAPHIC: More LIHTC

A bipartisan tax deal sets a path for more affordable rental units. Part of the broader Tax Relief for American Families and Workers Act of 2024, the proposal boosts low-income housing tax credits (LIHTC)...
About a third (31 percent) of renters, say that one of the biggest benefits of renting an apartment are the community’s “lifestyle and amenities,” according to the NMHC/Grace Hill 2024 Renter Preferences Survey. That’s up from 27 percent in 2022.

Events may reduce turnover

Some luxury apartment managers believe residents are less likely to move-out if they know their neighbors… and every move out costs thousands of dollars. At 1 Martine, a luxury apartment building in downtown White Plains,...
Playing the come line. Underlying asset bubbles is an investor psychology based on expectations, encouraged by Fed actions over the last thirty-five years

Negative leverage: The Fed’s gift to apartment investors

The Federal Reserve’s inflation of the money supply and interest rate manipulation distort capital markets through, among other things, the creation of asset bubbles. As the cost of borrowing decreases and cheap money floods...

Web 3.0: the social wave and how it disrupts the Internet

It's not that Katz, founder and CEO of travel recommendations site Gogobot, has doubts about the quality of these products. It's that the answer "depends very much on who is asking the question." And...
unsheltered homeless people camping in Oakland Ca

Supreme Court will hear case on unsheltered homeless

40% of homeless population are unsheltered 40% of homeless are black 30% of homeless are chronically homeless 60% of homeless are male 26% of homeless are seriously mentally ill The Supreme Court will consider whether local laws prohibiting homeless...

INFOGRAPHIC: 2024 Tax brackets are out

The IRS released new federal income tax brackets in November. Though marginal tax rates did not change, federal law requires brackets be adjusted for inflation. 5.4% this year’s rise in tax brackets due to inflation. Last...
fiscal excess

INFOGRAPHIC: The era of fiscal excess

The era of fiscal excess, BofA Michael Hartness’s description of today’s government spending The national debt doesn’t impact Americans in the present, right? It’s a tomorrow problem. Persistent inflation, dollar devaluation and rising rents from dollar...
Yield PRO