Why is the U.S. behind on COVID-19 testing?
“Testing is the biggest problem that we’re facing,” Peter Slavin, president of Massachusetts General Hospital, said recently in a roundtable on COVID-19 at Harvard Medical School. While South Korea had tested about 4,000 people...
Generating new revenue with your property’s bad debt
If you’re a landlord, you’ve carried post-eviction debt from an old tenant on your balance sheet. Even new operators just entering the industry have likely seen it—either at the time of acquisition or within...
Rent control just one factor among many for multifamily investors
In 2019, growing concern about a lack of affordable housing led legislatures in the nation’s two largest multifamily markets—New York and California—to enact rent stabilization measures. Of the two, the New York laws were...
2020 trends to watch in the single-family rental market
Rental demand continues to grow in 2020 giving real estate investors an immediate opportunity to make money in the coming year. According to the Urban Institute’s Housing Finance Policy Center, single-family homes for rent...
Apartment owners leap at an opportunity to refinance loans
With coronavirus concerns fueling interest rate cuts, multifamily borrowers are attempting to capitalize. Long-term interest rates are lower than they have ever been—and owners of apartment properties are rushing to take advantage by refinancing into...
A growing trend of micro apartments: robot furniture
The mere words intrigue on their own: robot furniture. But the realities of having a console that can transform a studio’s daytime living space into a cozy bedroom with the push of a button extend...
Getting creative on value-add deals
While investors remain bullish on value-add multifamily properties, people making such a financial commitment have at the same time been forced to readjust their sights (not to mention their expectations) in recent years, in...
Next-gen eviction tech
As tenant protections get stronger, corporate landlords use software to manage delinquent renters. But housing advocates see a tool for quicker evictions. In the ever-evolving cat-and-mouse game between landlords and renters, the latter have been...
Nation in lockdown
I live in California, whose governor, Gavin Newsom, in March issued Executive Order N-33-20. The order requires Californians to shelter at home unless they are involved in any of 16 different infrastructure sectors—or seeking...
When net zero is not net zero
With increasing frequency, the term net zero is entering conversations around the design and operation of the built environment. This is an important goal, but what if what we are designing and calling net...
From sea to shining sea
The winners of top honors in the National Association of Home Builders’ 2019 Pillars of the Industry competition are providing new housing for military service personnel and university students, affordable apartments for low-income residents...
Regaining our power of persuasion
I’m just back from the Balkans. It takes traveling to the genesis of the word balkanize to understand true division. To the naked eye, these people appear quite similar. Looks can be deceiving and...
Where have all the apartments gone?
Long time ago. When will they ever learn? The way government regulates and taxes business and transactions directly shapes investment. Good regulation addresses market failures that hinder productive investment. It reconciles the interests of firms with...
ISAs set to transform the labor market
Income share agreement (ISAs) fund education. Upon completion, learners pay a percentage of their salary for a term. Lenders correlate interest rate and pay-back period with borrower’s potential career outcome. This may mean varying tuitions for...
The vanishing apartment
The affordability crisis is creeping up into middle-income households according to Harvard Joint Center for Housing Studies’ 2020 report, America’s Rental Housing. 48% of renter households are considered cost-burdened. What does this mean? 21 million...