Pre-pandemic economy was reaching unprecedented heights for Black and Hispanic Americans, new data show
The grim and isolated life many Americans have adopted during the ongoing COVID-19 crisis is often referred to as the “new normal.” But when it comes to the economic side of the pandemic, we...
Leasing in a pandemic
The crisis caused by the coronavirus has forced many property managers to finally embrace new technologies. When the U.S. economy shut down in March 2020 to fight the spread of the coronavirus, some apartment companies...
The fable of the bees
The fable of bees (or private vices, public benefits) was written in 1714 by Bernard Mandeville, who is today considered one of the first purveyors of economic theory. At the time of his writing...
Multifamily embraces tech in the time of COVID
As the pandemic continues to impact everyday life, Americans increasingly encounter the phrases unprecedented, new normal, and flatten the curve. The innovation adoption curve—which includes early adopters, those who wait and see, laggards and even...
How smart home technology can increase NOI
The multifamily housing market is undergoing a transformation with the rise of smart home and smart building technology. Now more than ever, properties are adopting these features and upgrading their offerings to meet a...
Multifamily builder, developer confidence index rises in Q2
According to the latest Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB), confidence in the market for new multifamily housing increased in the second quarter, however, it still remains...
Apartment REITs: urban exodus
Apartment REITs have been among the strongest-performing property sectors over the last two decades by riding the tailwinds of an unyielding urban revival, a trend that is suddenly severely threatened in several key markets...
Investors see value in student housing despite COVID-19 concerns
When the economy falters, one type of real estate usually avoids the fallout: student housing. That’s because students still want to live near campus. Others, who see an economic downturn as motivation to pursue additional...
Why does Hollywood hate real estate developers?
There’s a scene in the HBO drama The Wire where several Baltimore homicide detectives come to the realization that the murderous gangster they’ve been chasing for the better part of three seasons might have...
Is your organization ready for permanent WFH?
As the pandemic accelerates the adoption of remote work, organizations large and small are realizing that jobs we used to assume had to be done on-site can in fact be done remotely. Many companies,...
California taxes on millionaires could spell disaster
Facing a massive coronavirus-induced deficit, the California legislatures are weighing a suite of new taxes on top earners, including a first-of-its-kind wealth tax and the highest top rates in the nation. California is the most...
Coming up empty in Manhattan
The number of empty apartments for rent in Manhattan soared to their highest level in recent history, topping 13,000, as residents fled the city and landlords struggled to find new residents. The number of apartments...
Opportunity zones raise $75B
The Trump administration’s tax break for underprivileged neighborhoods has attracted an estimated $75 billion dollars in private investment, potentially lifting 1 million people out of poverty, according to a White House study. Opportunity zones were...
Senior housing adopts robots, telehealth to protect residents
“The newly-pioneered technologies will be essential in providing the best care—medical, cognitive and emotional—to the upcoming wave of seniors.” The way we live our lives and conduct business has drastically changed in 2020—a trend that...
Can adaptive reuse save America’s malls?
What is the most common reason to get in the car and start driving on any given day of the week? Depending on where you’re from, the obvious answer might be commuting to work....
