Shores: A love story
The love story began in 1955, when Epstein was first approached by then Los Angeles County Supervisor Burton Chase to assist in the planning for the creation of Marina del Rey, soon to become...
It’s done.
The September closing of the acquisition of 16,784 apartments in 86 market-rate communities by a joint venture of Morgan Properties and AIG Global Real Estate from Kushner Companies for $1.9 billion was somewhat anticlimactic,...
Mod, mod world
Some of the busiest apartment developers in the U.S. are still trying to use three-dimensional “modules” created in factories to reduce the cost of construction.
For more than a decade, modular construction companies promised they...
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...
Revenue management’s data dilemma
The first multifamily housing property went live on revenue management (RM) 23 years ago in February. That system was the first iteration of Lease Rent Optimizer (LRO), designed by Talus Solutions and later acquired...
New metrics make Midwest investment attractive
Recently, the Midwest has shown surprising growth and economic resilience, making this region an attractive candidate for multifamily development, investment and general interest.
Often considered the slowest growing region in the U.S., the Midwest has...
“Sitting empty:” Vast expanse of federal land eyed for new housing
The White House and the Republican National Committee agree on one thing at least: The sale of surplus federal land could help alleviate a crushing shortage of affordable housing.
Proposals to sell federal land to...
How to assess a resident’s request for an emotional support animal
Multifamily housing providers are faced with increasing requests from residents with disabilities for emotional support animals (ESA). Requests for ESAs are generating more enforcement actions.
In 2020, the U.S. Department of Housing and Urban Development...
7 student housing property management strategies
With its high turnover rate and steady demand, the student housing market remains a lucrative niche within the real estate industry.
Student housing properties come in various on and off-campus forms, including dormitories, apartments, and...
Multifamily faces antitrust litigation
With national elections around the corner, some of the nation’s largest apartment companies are facing antitrust litigation over usage of a product that has become increasingly important to the industry since the first multifamily...
Is land-use regulation holding back construction productivity?
Ed Glaeser is perhaps the pre-eminent urban economist working today, and I’ve cited his work repeatedly when looking at land-use restrictions and burdens on new development.
So I was very interested to see he’s coauthored...
New game post-Chevron
For decades, the judicial doctrine called “Chevron deference” dominated American administrative law.
In the aftermath of Chevron’s demise in Loper Bright v. Raimondo, however, a new legal debate is brewing over an 80-year-old judicial precedent:...
INFOGRAPHIC: Appliance payoff models explode
^58 percent increase in requested quotes to thousands of appliance repair businesses y/y (2022-2023)
^43 percent increase in appliance spend in 2023 compared to 2013—rising from $390 to $558 over the decade
Why? 1987. Home appliances...
California to turn unused school land into millions of housing units
In an effort to address a lack of housing that officials say has contributed to a shrinking teaching workforce, the California Department of Education is planning on converting undeveloped school lots into affordable housing.
State...
The 9 Types of Collaborators
The Expert
The Expert is the go-to person for questions about collaboration technology and best practices in your organization. The Expert looks beyond the normal file-sharing and project management capabilities of a collaboration solution and...