Thursday, March 28, 2024

Article

Madhouse to green house

When the 500-unit Octagon Apartments finally came to market last spring, the timing was absolutely perfect and lease-up was achieved with astonishing velocity of more than 75 units a month, more than double original...

Riding the global wave

Not likely in the short term, although one homegrown multifamily REIT already has a jump on the competition. Coca Cola and McDonalds are in China, Exxon is in Saudi Arabia and retail and industrial mega-REITs...

Lunar power in the Big Apple

The company's founders hope to see the turbines they've created to harness tidal power someday be available to other communities near similar tidally-driven and free-flowing waterways around the globe. Verdant was incorporated in 2000 by...

Extreme makeover corporate edition

Unlike CondoLane, Evolv is an entirely separate company with a much- expanded platform embracing the full spectrum of multifamily from condos, townhomes, lofts and rental apartments to resort and vacation ownership properties. Services include everything...

Big Ben

Times are good. With the exception of multihousing's visit from distant fair weather relatives known as condo flippers in Florida, developers and owners are basking in the sun of historically low interest rates, sinking...

Borrowed money

The latest buzz at a recent multifamily conference revolved around interest rates and where they were likely to head in the short term. Will it go up or down? Will the fed hold the...

Change is in the air

The industry gave a collective sigh of relief after the Federal Reserve met at the end of October and decided to leave the federal funds rate unchanged. Those that hoped to see rates go...

Fluid movement

Air travelers may again carry lotions and gels onto planes after a six-week ban -- but only in tiny containers of 3 ounces or less, and bundled in a single clear, quart-size zip-top plastic...

Mind of a leader: A bias for action

As events unfold, Ewell decides not to take that hill. After all, Lee's statement was a bit ambiguous, giving the commander an out if he opted not to take the hill. Lee's famous order:...

All work

Some say the U.S. is headed for a labor crisis as boomers reach retirement and the population tips 300 million. As ever more service jobs emerge, here's a glimpse at the future as determined...

Make $23K more every year

That's the average gap in earnings between adults with bachelor's degrees and those with high school diplomas, according to data from the Census Bureau. College graduates made an average of $51,554 in 2004, the most...

All that glitters

NEW YORK CITY Manhattan landlords can expect to see vacancy rates drop even as they significantly raise rental rates, according to Marcus & Millichap's Apartment Research quarterly report. This landlord market is projected to...

Raising rents 101

A glance at college enrollment figures over the last few decades shows some dramatic trends. Shortly before World War II, only approximately 160,000 Americans were in college. But thanks to 1944's Servicemen's Readjustment Act,...

Brave new world wide web

Once thought of as a great enhancement tool, technology is now determining the winners and losers in a fierce battle for the lead. Leasing agents are in a unique position to help owners and managers...

Home sweet home

EL DORADO HILLS, CALIF. It's been said that great ideas come about in the shower, but for Kerrin West it happened at the dinner table. A partner with Bloodgood Sharp Buster Architects and Planners, a...
Yield PRO