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The digital natives are getting restless. Armed with tablets and smartphones, raised on apps and connectivity, and coddled by the rich customer experience of major online retailers, today’s apartment prospects want serious answers as...
U.S. Supreme Court decides in favor of property owners
Property owners won a significant victory in the recent case of Pakdel v. San Francisco, in which the U.S. Supreme Court rejected a restrictive view of the “finality requirement,” which generally requires a government...
Room to chill
Luxer One has been in the locker-based delivery business since 2005 and introduced its electronic smart lockers in 2013. The company created the Luxer Room two years later in response to a challenge by...
Excellence in multifamily housing
The National Association of Home Builders (NAHB) has sponsored the Pillars of the Industry awards for more than 20 years.
The awards recognize excellence in all areas of multifamily home design, development, building, management and...
Once booming San Francisco apartment market goes in reverse
The apartment vacancy rate in San Francisco rose to 6.2 percent in May, according to apartment data firm RealPage. That’s up from 3.9 percent only three months ago, after stay-at-home orders went into effect...
Fannie Mae admits multifamily loan fraud losses in SEC filing
The signs were there. Reports of instances of alleged multifamily loan fraud through Freddie Mac and Fannie Mae. The latter finally offered an admission of the problem in its latest 10-Q filing with the...
Biden policy will reduce household income by $1,650, new study finds
President Biden is touting his new $2.3 trillion+ spending plan as a boon to workers, even dubbing it the “American Jobs Act.” But there’s reason to believe that a key provision in Biden’s plan...
What happened in 1971?
Something huge happened in 1971. And both Edward Snowden and Jack Dorsey are asking the same question.
In mid-August, Twitter Founder and CEO Jack Dorsey tweeted a strange hashtag: #WTFHappenedin1971.
A few weeks later, Edward Snowden,...
The camel that had no hump
This especially irritates Rob Pressman, the principal of Burbank, Calif.-based TGP, Inc. Landscape Architecture, who believes that aesthetics do not have to be discarded for the sake of sustainability.
Multifamily developers employ landscape architects like...
Home smarts
And, if speed of lease-up and the ability to charge higher rents at the newly built 70-unit Excelsior Park apartments in Saratoga Springs, N.Y., is an indicator that smart technology is part of multihousing’s...
INFOGRAPHIC: The White House issues national rent control plan
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The new cap on annual rent increases will apply to a million Low-Income Housing Tax Credit (LIHTC) apartments according to The Washington Post.
2020 Senator Sanders (Vt.) contends that federal control of the multifamily...
The case for multifamily investment
Over the last three decades, apartments have become a desired asset class among both domestic and foreign real estate investors because of their strong returns coupled with relatively low risk. However, shifting market dynamics,...
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...
Mixing it up
The mostly urban projects that captured the judges’ votes echo a popular and growing trend—the inclusion of ground-floor retail and dining establishments that add another revenue stream to a community’s earnings and enhance resident...
The year of transformation
The Rey
The 478-unit The Rey, named Community of the Year and awarded the title of Best High-Rise Community, represents Wood Partners’ and The Berkshire Group’s entry into downtown San Diego and exemplifies the partnership’s...
