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...
Jumping from planes
I know this because he told us at the recent Mortgage Bankers Association conference in San Diego. He had just had his second hip replaced, but you couldn't tell it. No matter what you...
Gen Y buy in
Not long ago apartment living was an accepted rite of passage -- a years-long holding station between dormitory living and home-ownership. But with today's mortgage interest rates near historic lows, lenders offering more flexible...
A touch of Magic
When he went to Barcelona in 1992 to play on the original "Dream Team," he returned with a gold medal. After retiring from the NBA, he formed a development company to build a shopping plaza....
Bosses behaving badly
As more companies take on Wal-Mart-esque business practices and prioritize fast profit to the detriment of staff and work environments, the long view to profitability based on employee morale is abandoned. This gives way...
More help wanted
Recruiters and human resource experts say the traditional functions of managing employees -- attraction, retention and engagement -- will continue to be important in the year ahead, but there are broader changes taking place...
Construction’s up and it’s not even “the big one”
So says Mark Obrinsky, chief economist for the National Multi Housing Council. He expected to see December housing starts to be higher than usual. Starts of multifamily housing jumped 42 percent, according to the...
