The War Within: Newark
Newark, the third-oldest major city in America behind Boston and New York, was founded as a farming community on the banks of the Passaic River by a band of Puritans in 1666. During Colonial...
The Sound Of Silence
Luxury amenities and finishes like ceramic tile, high ceilings, wireless Internet connection and state-of-the-art appliances, business centers, and fitness rooms that once provided multifamily builders the opportunity to differentiate their products from run-of-the-mill communities...
Secondhand Sound
Acoustics experts and healthcare professionals agree that unwanted sound, which is the basic definition of noise, can be a whole lot more than simply annoying. Depending on its loudness, frequency and other qualities, noise...
Southwest Bound
During his 23-year career in the multifamily industry, the Southern California native served as partner for some of the nation's largest multifamily developers, including the Hanover Company, Trammell Crow Residential, Western National Group and...
Taking Back the City
"I want to be a part of the greatest urban story America has to tell and I think it's going to happen in Newark,' he said in June. Amidst vows to cure Newark's daunting...
Bucking the Opposition
Second only to construction costs, the highest hurdle such developers must overcome is opposition from local decision makers and the project's potential neighbors. NIMBY, the acronym for the "not in my backyard" attitude of...
Driving Force
With gasoline prices averaging close to $3 per gallon nationally and not likely to drop substantially in the near future, more people are searching for places to live that will allow them to avoid...
Canaries in a Coalmine
Like the avian alarm systems that once warned miners of dangerous levels of methane and carbon monoxide, turnover and move-out trends are highly sensitive to changes in market atmosphere, so apartment REITs monitor them...
Lease up or ship out
AIM, a national marketing and incentives company, offers cruise certificates to multifamily properties as a tool for leasing and retention. Long a standard in other industries, prospective residents are offered a 5-day/4-night cruise certificate...
Community opposition to multifamily
Overcoming community resistance to multifamily development
Community opposition to multifamily has become one of the top barriers to construction of accessible, sustainable housing in America. But there are strategies developers can use to build political...
The big deal
The price excludes transaction costs but includes the assumption of more than $8 billion of debt and $60.75 per share in cash to shareholders, which represents a 22.7 percent premium to the closing price...
Be fearless.
NAA and NMHC are just around the corner. Deals are sprouting up everywhere and companies are changing, evolving and thriving in the world of apartments.
And within the hustle and bustle of this crazy wonderful...
Crisis mode
Every organization is vulnerable to crises. The days of playing ostrich are gone. You can play, but your stakeholders will not be understanding or forgiving because they have watched what happened with Bridgestone-Firestone, Bill...
National Multi Housing Council News
NMHC and the National Apartment Association (NAA) have filed a lawsuit against the U.S. Department of Housing and Urban Development (HUD), asking a federal judge to strike down HUD's recently issued Limited English Proficiency...
The newest RE sector: boat slips
Even in the boom of 2005, premier wet slips bucked appreciation trends of traditional single family homes.
As the growing demand for boat slips fuels marina sales, investors and boaters are hopping on board for...
