Staring down the barrel
"There are really only three choices -- foreclosure, loan modification or a punt for a little while to see if the borrower can come in with more money," said Manus Clancy, senior managing director...
Social networking unplugged
After all, social media is free, and so decisions seem are easy. But are they appropriate for businesses at large? Likely not, as social media and related avenues are more accurately described as generational...
New study shows how different generations use Facebook
According to the numbers, the top reasons for joining a social network across all generations are to "keep in touch with friends" and "for fun." However, as expected, older users are primarily using the...
Workplace etiquette: avoid conflict in the workplace
Learn to think before you speak. Bite your tongue before that provocative remark comes out of your mouth and you find yourself embroiled in a fight. Sit, wait, think and act when correct Whenever you have...
The accidental landlords
Essentially, homeowners in foreclosure would be allowed to switch from ownership to renting their property. I work for one of the largest "scattered site" property management companies in St. Louis, and I have years of...
Who will save us?
One is H.R. 1935, introduced by Rep. Sander Levin (D-Mich.) that would change the tax treatment of carried interest, or what is known in real estate as "the promote," to regular income from capital...
Unintended consequences
The fact is, President Obama has caused us to care. Gallup recently reported that Americans are paying closer attention to political news than during any non-election year since the company began tracking the issue in...
New life for old business models
When the economy gets tough, senior managers often put their companies under the microscope to identify where to cut or control costs that are dragging down the bottom line. Zeroing in on the minutiae...
Where have all the renters gone?
Historically, when the percentage of renters leaving to buy homes is low, occupancies are healthy and so are rents. Not this time. The economic collapse and the increase in unemployment have altered that equation. Even...
EQR goes sky-high
Nearly 1,000 of those new units are located in a couple of skyscrapers with views of the Statue of Liberty in the New York City metro, the market that currently is generating the highest...
Just passing through
Philadelphia-based Korman Communities believes furnished luxury units within amenity-rich and service-laden communities resonate well with a renter demographic that wants ultra-luxury resort living at affordable prices without the long-term rental commitment -- even in...
Lessons learned
"During the 'tech wreck,' many corporate housing providers began giving us apartments back, which put additional pressure on our occupancy at a time of deteriorating market fundamentals," said Leo Horey, Executive VP of Operations...
REITs in the Big Apple
In fact, AIMCO President, CFO and Chief Investment Officer David Robertson told an audience at BMO's North American Real Estate Conference on Sept. 10 that the job loss in the Big Apple's financial services...
No stone unturned
Reintroduced by Rep. Sander Levin (D-Mich.) on April 3, H.R.1935 targets the taxation of capital gains earned by hedge funds, private equity firms and venture capitalists. But, by its very nature, the proposal draws...
The business of fraud
Unfortunately, as Smithson discovered, money orders pose a significant fraud risk. While often treated as cash-equivalent funds, banks still treat them the same as checks and, as such, can place the same holds as...
