And the winner is…
It's most uncommon for a project to gain an immediate clear majority of Pillars of the Industry judges' votes. Usually, winners are lined up and the judges pick their favorites, in this case the...
Analyst’s perspective on the Archstone-Smith deal
I'm not surprised that the size of the Archstone-Smith deal did not hinder the transaction, because, as we saw with the Blackstone acquisition of Equity Office Properties (EOP), size is no longer an issue. We've...
Pod primer
For this reason alone, it is important to know what it means to podcast, blog or video chat. But just knowing the vernacular is not enough. Sure, it's important to speak the language of today's...
NAHB Multifamily starts spreadin’ the news
The multifamily industry has been an important part of the 65-year- old National Association of Homebuilders (NAHB) for decades. Since 1981, NAHB Multifamily has served as one of the voices of the industry. But...
Midwest exodus
The REIT still has around 20 squares to go before crossing the finish line. The Lexford sale that included mostly single-story garden-style communities with almost no amenities, totaling 27,115 apartments in 289 assets in...
Bullish on the Sunbelt
Much of the recent activity occurred in the Sunbelt, where considerable job growth is taking place, but Berwind Property Group (BPG) recently took down 22 assets in the slow-but-steady Philadelphia suburbs, right in the...
The bottom line on revenue management
Two automated price optimization systems -- Revolution LRO and M/PF YieldStar -- lead the pack. Other such systems are being used exclusively or are under development. All were created through cooperation between large apartment...
Texas boom
With concessions rapidly burning off, asking rents are expected to increase this year 3.2 percent in Austin and Houston, 3 percent in San Antonio and 2.7 percent in Dallas/Ft. Worth. Lured by the promise of...
The next generation developer
Edgy clubhouses, outdoor spaces, state-of-the-art fitness centers, the latest in technology and a range of floor plans all are signatures of the Houston-based luxury apartment developer. The Morgan Group (MGI) is on a roll. With...
Lane widens the market
Lane has hired a seasoned veteran to head up the new subsidiary that will focus on acquisitions, while expanding the Atlanta-based company's footprint into new markets. "Ideally, we'd like to start focusing on markets where...
There’s no place like home-conference
The Apartment Internet Marketing (AIM) conference was held last October and hosted over 100 multihousing executives from REITs and private companies across the country. The beautiful Scottsdale, Ariz., venue made for a great get-away....
Water smart
Brookside Properties, Klingbeil Capital Management, Southeastern Property Management (SPM) and the Bascom Group are seeing water savings of as much as 39 percent thanks to an all-inclusive high-technology 1.6 gallon flapperless toilet retrofit program...
True Internet value
The Internet continues to penetrate the infrastructure of multihousing business by changing the way Americans search for a place to live, according to a recent study by Pew Research. More than a quarter of...
The dawn of an era: NAHB Multifamily
Ron Terwilliger and Leonard Wood, two titans of the multifamily industry and the former and current chairmen of the NAHB Multifamily Leadership Board, will share the spotlight as co-hosts of NAHB Multifamily's Pillars of...
REIT relief
The good tidings may come in the form of legislative approval of the REIT Investment Diversification and Empowerment Act (RIDEA) by the 110th U.S. Congress this year. Longtime REIT supporter Sen. Orrin Hatch (R-Utah), who...
