Two of three private apartment deals off-market
Apartment buyers are turning to off-market transactions more frequently as a way to find opportunities and curb competition. According to Thomas Foley, co-founder and CEO of Archer, two out of three private multifamily transactions...
Cracks in the multifamily narrative
Rising rents and asset values are reinforcing the industry’s favored narrative: younger Americans will remain enamored of the flexibility of renting and the enticements of the urban environment, easily absorbing new inventory and buttressing...
Don’t train. Empower.
While it is commonly recognized that training is a critical component of operations, most companies are unable to evaluate their training beyond the first two Kirkpatrick levels, simply because they lack the data collection...
Playing by the numbers: Shareholder return
While other multihousing rankings focus on companies with the largest ownership and management portfolios (NMHC) or the biggest equity capitalization (NAREIT), at Multihousing Professional, we believe the most important metrics are those reflecting shareholder...
Living in the Roman tradition
You can still find relics of the building's school days, but now the space mostly houses the diocese offices, Catholic Charities and the Catholic Herald, among other things. Some past and present priests also...
Poll: Police are still incredibly popular
New Yorkers aren’t thrilled with police demonstrations against New York Mayor Bill de Blasio. A poll released last week by Quinnipiac University found that a large majority of voters in New York disapprove of...
Rental shift
Sylvan Road Capital, LLC, has launched an asset management firm founded by Oliver Chang, Robert Lee, Sarah Lee, and Gavin Kleinknecht. Sylvan Road will focus on the $3 trillion single-family rental market. The firm...
Are your current proptech tools permanent? Three ways to evaluate
Proptech, or property technology, has been around since the 1980s. But, many people have only heard of the term proptech within the last five years. Why? Because these tech innovations have really just began...
The cost of regulation on housing affordability
Some are looking to quick fixes that have been proven to not work, like rent control, while others are getting creative and combining public and private sector funding to help underwrite rents.
What most of...
Know when house rules violate lease
Q: As a property manager, I am under contract with an owner to advertise and show his single-family rental. I recently chose new tenants and signed the lease. Since then, the owner has sent...
The monsters are due on Maple Street
"The monsters are due on Maple Street," (1960) was a classic. I recall it every time I read divisive tales about some one or group, or ill-defined boogie man, who has singlehandedly turned out...
Multifamily investment stumbles in NYC in 2019
Low vacancy rate. Burgeoning population. Expensive real estate. The Big Apple’s multifamily market has always been the champion compared to the rest of the country, but the recently passed rent regulations have the city...
Obama: Energy efficiency for millions of apartments
And they plan on doing it through pressures in lending requirements. What comes of this partnership remains to be seen, but the goal is imminently sensible: to make apartments more energy efficient.
According to EPA,...
Pillars 2012: and the winners are…
The vast majority of those recognized for excellence in multifamily development in the contest many consider the Oscars of the apartment industry are located in markets that are among the top 25 metro areas...
Nationally, renter quality improving
This could be good news for apartment owners and operators, but many of these renters come with fiscal risk, or do they? The latest numbers suggest that high-barrier markets will continue to be fertile...
