INFOGRAPHIC: The White House issues national rent control plan
download pdf 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...
2024 could be the year of the distressed deal
Investors are finally starting to take advantage of distress in the multifamily sector, even though the huge wave of distress pundits predicted last year failed to materialize. In February, multifamily distress hit its highest level...
Is the U.S. dollar finished?
In August 2005, a little-known financial analyst named Richard Bove issued an eight-page report for Punk, Ziegel, and Company, a boutique investment bank based in New York City. The report, titled “This Powder Keg Is...
PropTech scales up
Revolutionary technologies adopted during the pandemic are becoming standard in the multifamily industry. Technologies that property managers rushed to implement during COVID are now part of their everyday lives. Prospective apartment renters can take self-guided tours...
LEED’s bold green overhaul
After more than 10 years, the U.S. Green Building Council (USGBC) is putting out a new LEED (Leadership in Energy and Environmental Design) rating system. According to the authors, LEED v5 is more than just...
Blackstone making $10 billion multifamily purchase
Acquisition of AIR Communities is Blackstone’s largest transaction in the multifamily market. Blackstone has agreed to acquire an owner of upscale apartment buildings for about $10 billion, signaling that one of the world’s largest real...
What to consider when buying property management software
Operating an apartment community is nearly impossible without the help of property management software. Choosing the right property management software is essential. With the property technology market bursting at the seams, how can operators determine...
Happier, more connected neighborhoods
A salve for America’s loneliness epidemic could exist right in front of its homes. Front yards are a staple of many American neighborhoods. Lush plantings, porches or trinkets can capture the attention of passersby and...
Courts issue DEI training decision
A federal court in March issued a decision impacting the diversity, equity, and inclusion (DEI) legal landscape. The case demonstrates the rapidly evolving state of the law with respect to DEI. In Honeyfund.com Inc. v....
Behind DEI’s rise and fall
Diversity, equity and inclusion, or DEI, was the hot thing in corporate America a few years ago. Now: not so much. Why it matters: The business community, long averse to political risks or controversies, backed...
7 student housing property management strategies
With its high turnover rate and steady demand, the student housing market remains a lucrative niche within the real estate industry. Student housing properties come in various on and off-campus forms, including dormitories, apartments, and...
The character trait of competence
When most people think of character, there is a list of attributes or “traits” that comes readily to mind. Some of the more common ones might be honesty, responsibility, patience, perseverance, loyalty, and courage....
Apartment deals offering risk premiums again
In 2021 and 2022 it didn’t matter what vintage you bought as there was no cap rate premium. As the first quarter of 2024 was wrapping up, TruAmerica Multifamily closed its first acquisition of the...
Increasing numbers of Gen Z have no income
An increasing number of young adults ages 18-24 are not working and have no income, according to a recent study. The research by the St. Louis Federal Reserve’s Institute for Economic Equity, which this...
“Desire paths” and the problem with central planning
I recently attended the Austrian Economics Research Conference, which is held annually at the Mises Institute on the campus of Auburn University. After an inspiring day of presentations, I began my trek back to the...
