Affordable Housing Credit Improvement Act and renewal of Tax Provisions on energy efficiency
NMHC and NAA strongly support the Affordable Housing Credit Improvement Act and signed onto a recent coalition letter that signals support for the Act. The multifamily industry hopes that this legislation can move forward...
Create a growth culture, not a performance-obsessed one
It’s no wonder that so many C-Suite leaders are focused on how to build higher performance cultures. The irony, we’ve found, is that building a culture focused on performance may not be the best,...
Why every company needs to think like an entertainment company
Time spent on traditional media is in decline, and consumer attention is getting harder to win and keep. Content needs to be more and more engaging—the success of Netflix’s own Black Mirror: Bandersnatch film...
NMHC launches new website
Across the country, many state and local elected officials are working to develop housing policies intended to address housing affordability challenges. Unfortunately, some of these officials still turn to failed or outdated policies such...
President Trump’s immigration plan
The President’s plan has two parts. First, it recognizes that full border security is the bedrock of any functioning immigration system and proposes functional, operational, and structural reforms to strengthen America’s border infrastructure and laws. Secondly,...
Beyond resilience: Toward antifragile urbanism
The term was coined by the Lebanese-American author Nassim Nicholas Taleb, a rather colorful, sometimes controversial theorist and author who became prominent for his 2007 book The Black Swan. Taleb is currently Distinguished Professor...
Cincinnati multifamily operator gives $50M for hospital ships
Fath, who owns apartment complexes in Greater Cincinnati as well as a minority interest in the Cincinnati Reds, said he was struck by the plight of Africans who can’t afford safe and timely medical...
The one issue every economist can agree is bad: Rent control
But there are a few questions where there’s near unanimity, and rent control is one of them. Pretty much every economist agrees that rent controls are bad. And in the last decades of the...
Breathing new life
Parcels at Concourse, crowned Community of the Year by the Pillars judges, not only revitalized a long-deserted historic building in a declining area of Memphis, Tenn., but also incorporated an impressive array of uses...
Fighting back
There was a sign posted on a wall of St. Thomas More school in Bel-Nor, Mo, entitled, “Lest we forget.” It was a short list—a reminder—of what “we” students believed and how these beliefs...
Destined for disruption
On April 8, 74 working days into construction, President, Katerra Materials Trevor Schick confirmed that the project was on schedule for completion by April 24 or sooner. K90, located just outside Las Vegas, is showcasing...
The big, fat, beautiful number zero
President Trump heralded the latest clarification of the tax law on a recent trip to Ohio saying that the tax had been lowered “all the way down to a very big, fat, beautiful number...
Multifamily rentals are still alive and kickin’
Brace yourself. I’m about to unleash a tsunami of data to make the argument that the multifamily market is going strong, despite the sturm und drang about the coming global economic slowdown and its...
Research: When Airbnb listings in a city increase, so do rent prices
But what does the company’s growth and popularity mean for the cities and municipalities it operates in? According to Airbnb, it brings more money to these cities, in the form of both rental fees...
Use marketing automation to increase leases
Leasing specialists contact a prospect up to seven times on average before they lease an apartment with Boyd Homes, according to Stephanie Drake, marketing manager for the multifamily property developer and management company based...