Oasis in a dry economy
"Increased renter demand from the baby boom echo, falling home-ownership rate and historically low new supply almost offset the worst drop in employment in over 60 years," said Camden Property Trust CEO Ric Campo,...
Putting a new face on privacy
As a business enterprise, communities must consider potential breaches of privacy and security on the Internet and extended mobile networks, as well as the exposure generated by our full user base including employees and...
Feeling the heat
National apartment sales in the second quarter of 2010 totaled $7.1 billion, the highest level since late 2008, up 32 percent year over year, according to Marcus & Millichap Research Services. Most of that...
Multihousing 101
"In many instances universities have incredibly well-located land and a great deal of renter demand generated by their own student body, faculty and staff. But they don't necessarily have the real estate knowledge. Or,...
Catching a break
Not only is Daybreak the first fully master-planned community to rise in the Beehive State, last year it was the sixth best-selling MPC in the nation, based on the number of housing units sold,...
Laura Khouri may be new to the head spot at Western National Property Management,...
Longevity with one company has had its advantages. "I've actually been able to learn from other peoples mistakes. I have been watching property management from the circumference for many, many years and, in doing...
Revamping stalled condos
The trend began in 2009, when a few distressed condo assets were snapped up by REITs and well-capitalized privates with balance sheets and/or equity partners that allowed them to close all-cash deals quickly. Essex Property...
Maxwell Drever’s back in buy mode
"Clearwater ghost comes back to life," a local business journal declared above a story about Concierge Asset Management's purchase at the beginning of July of a long-dark condo tower in the economically troubled city...
Jefferson reborn
Butz and Lamb plan to own the assets they acquire and build with their investment partners for a long time, in the neighborhood of seven to 10 years. "That's not to say we won't...
10 ways to supercharge the American economy
He's spot-on since Obama's progressive pottage has left us with a sluggish economy, unemployment over 9 percent and a 14.3 percent poverty rate—more poor people than we have had in a half-century. Our economy suffers...
Sunny skies. Great buys.
Land is sacred in Hawaii. And, going vertical makes perfect sense on an island where real estate is in finite supply. The success of the pre-sales at Pacifica Honolulu, where a ground blessing ceremony...
America, the complicated.
In previous decades, the Great Depression inalterably shaped its own generation. It haunted my grandparents, and determined how they would work and save the rest of their lives. How will the past two years impact...
Great expectations
Although on-campus housing likely will remain a necessity, recent research by the National Multi Housing Council suggests that college students actually elect to live off campus in apartment communities replete with social gathering spaces,...
Head of the class
Today, student housing is a bright spot in an otherwise gray multihousing landscape. It is one of the fastest growing asset classes and boasts the highest market-driven net operating income. While development starts of...
All in due time
"It's a little different right now, but it's a pretty good dream," Oliver said of the firm he and McMillan launched in 1978, now underway on nearly $1 billion in development, despite the economic...
