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...
A towering trend of supertall buildings
On a clear day, Tal Alexander can see for nine miles all the way to LaGuardia Airport from his apartment at Manhattan’s 432 Park Avenue, the tallest residential-only tower in the world, at 1,396...
Private vs. public property rights
Controlling housing rental rates is a classic example of the erosion of private property rights. Traditional rent controls specify a maximum rent that property owners legally may charge for use of their dwelling. Further,...
Getting inside multifamily’s utility management operation
“In many states we’re seeing an increase in the trend to mandate submetering for any residential and commercial new building construction. Around eight states already have the law in place, up from around three...
Afghan refugees face U.S. housing crunch
Refugee aid groups are scrambling to find permanent homes for the thousands of Afghan evacuees expected to settle in the Washington, D.C. region in the coming months, a steep challenge in one of the...
Land prices drop
Rising interest rates stress developers as they look for land to build on. But tough times may create opportunities.
Land prices are falling—for the first time in more than ten years. Apartment developers are asking...
Turning point for public housing
In New York City, hundreds of public housing residents live in buildings where the elevators don’t work—like Building Four at The Bay View Houses, a public housing project in the Canarsie neighborhood of Brooklyn....
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...
Virtual tours and live videos give rental prospects intimate access
Matt Weirich devised the concept of a video leasing platform after a painful apartment hunting experience when he graduated from Purdue University and moved more than two hours away to Chicago. Weirich says he...
Lennar builds multifamily division
LMC is the sixth-largest apartment developer in the U.S., according to the National Multifamily Housing Council. Its parent company, Lennar is the second-largest homebuilder, according to Professional Builder magazine. LMV II, the newest of...
You choose a job. A calling chooses you.
The attraction is simple. The business of apartments makes us believe, if even in scattered moments, that we can improve the lives we serve and make a living while doing it. How many lives?...
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,...
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...
Net neutrality: the real story
Since Donald Trump’s election, the rhetoric surrounding net neutrality’s imminent demise has been frenzied. Every move by newly appointed Federal Communications Commission (FCC) chair Ajit Pai generates a chorus of consumer advocates bemoaning the...
Broadband’s tangled web
In fact, multifamily industry groups warn that the FCC’s investigation into the best ways to promote competition among broadband service providers and renters’ access to service providers could have an adverse effect.
It’s no secret...
