Airing on the side of efficiency
Changes are coming in January that will impact multifamily developers and owners looking to install or upgrade their HVAC systems. Every six years, the Department of Energy (DOE) re-analyzes the effects of energy usage,...
The most valued asset
The 2021 movie Old by M. Night Shyamalan is based on the French-Swiss graphic novel, Sandcastle, by Pierre Oscar Levy and Frederik Peeters. Its main theme centers on man’s relationship with time. Man’s tendency is...
In the money
Apartment investors are taking out more loans than ever. In 2021, they rushed to get loans to buy new apartment properties and refinance the debt on existing properties. Investors spent more to buy apartment properties...
Is rent control inevitable?
In 1905, the philosopher George Santayana famously said, “Those who forget the past are condemned to repeat it.” Maybe that explains why some people are so nostalgic and want to repeat the time a half-century...
Redfin adds rental listings
Redfin has entered the internet leasing service (ILS) space by expanding its platform to include rental listings. Launched in 2004, Redfin began as a full-service online real estate brokerage firm based in Seattle. David Eraker,...
Orange County gets big, new addition
In November 2018, the Samueli Family, owners of the Anaheim Ducks purchased 10 acres of city-owned parking lots adjacent to Honda Center and finalized an agreement with the City of Anaheim, committing the Ducks...
Making a big move
Nearly two years into the remote work revolution, it’s easy to feel that a lifetime has passed. However, the reality is we are just at the beginning of seeing the impact of remote work....
Costs rising for renters
Rents just hit another all-time high—and that means Americans are spending even more of their paychecks on housing. According to Realtor.com, the U.S. median rental price hit a new high of $1,792 in February. Soaring...
SFFR up their game
According to new data from the current Single-Family Rental Market Index (SFRMI) by the National Rental Home Council (NRHC) and John Burns Real Estate Consulting (JBREC), homes built for the purpose of renting—build-for-rent homes—accounted...
The time the federal government built a flawed housing project and tore it down...
On the 50th anniversary of the demolition of Pruitt-Igoe, it’s nearly impossible to understate the failure of the St. Louis public housing project. Famed architect Minoro Yamasaki, who would go on to design the World...
Another great moment in history: NAHB Multifamily Pillar’s awards
It doesn’t get bigger than this. The National Association of Home Builders, one of the largest and most influential trade associations in the country, has grown alongside the nation and its housing providers for...
Sweet liberty
The U.S. republic is a great wonder of the world. Many believe divinely inspired. Even today the vast majority of its citizens continue to seek its promise of “life, liberty and the pursuit of...
Return of Waters
At the urging of NAHB and other business groups, the U.S. Supreme Court has agreed to hear a challenge to the Clean Water Act that would clarify an earlier ruling from the nation’s highest...
Materials scarce. Prices high.
As the construction industry struggles under the burden of material cost increases, supply chain disruptions and labor shortages, demand for single and multifamily homes remains strong. A confluence of conflicting trends that intensified during...
Former WeWork CEO jumps into apartments
The apartment siren has snagged another. Companies tied to Adam Neumann have acquired majority stakes in over 4,000 apartments valued at more than $1 billion in total, reports The Wall Street Journal. Neumann gained notoriety in...
