The battle for property rights
Advocates for new rent control laws are still fighting—even after voters rejected California’s “Prop 10” ballot initiative that would have allowed tough new rent laws. “If you are an owner of apartments, rent control laws...
Top multifamily operators band together, plan massive investment in real estate tech
The companies have invested $108 million in the fund, Real Estate Technology Ventures I, which will be used to invest in “disruptive real estate technology companies” in the multifamily industry. According to the companies, the...
When no one retires
Before our eyes, the world is undergoing a massive demographic transformation. In many countries, the population is getting old. Very old. Globally, the number of people age 60 and over is projected to double...
Proptech rising
In order to compete for the credits, it is essential to find a piece of land that scores the maximum number of points under the state’s complex selection system. “In Arizona, only ten to...
Multifamily inventory rebalance
Global real estate consultant CBRE is reporting this week a 9.3 percent drop in permitting activity in U.S. for multifamily units last month is a favorable sign for future market balance due to slower...
New U.S. apartments are getting smaller and more expensive
The average size of a new U.S. apartment has shrunk 5 percent over the last 10 years, while the average price has risen 28 percent. The average floor plan of a new apartment measures...
Stop using data to justify decisions you’ve already made
Traditionally, organizations have used data analytics as a tool of retrospection, as a means of answering questions like, “Did this marketing campaign reach our desired audience?” or “Who were our highest-value customers over the...
World’s largest dorm-style co-living
The nearly 800-unit building, set to break ground early next year, is the latest project to embrace co-living—a dorm-like set-up where residents sleep in small private bedrooms and share common spaces, as a way...
Opportunity Zones knock
Enacted as part of the 2017 tax legislation, Opportunity Zones represent a brand-new incentive that could potentially bring billions of dollars in multifamily investment to distressed communities nationwide. With the release in October of...
The benefits of laughing in the office
I asked my red-faced boss whether my laughter had embarrassed him. “It is pretty loud,” he muttered under his breath. Later that evening, I castigated myself. I lay awake, wondering how many other times my...
Seriously mentally ill
Thousands of mentally ill people cycle in and out of hospital emergency rooms. They strain our medical system, scare the public and sometimes harm themselves. Most, says D.J. Jaffe, are schizophrenic or bipolar and have...
Is your multifamily property evolving to give renters what they really want?
Property management companies continually make property improvements and add amenities to attract new renters and meet the latest trends for multifamily communities. But are they basing those decisions on real data gathered from rental...
Target renters online during the off season
‘Twas always right around Christmas, when all through the housing market, not a renter is touring and leasing offices sit quiet as a mouse. The slow season for multifamily properties isn't an excuse to take...
Multifamily Pillars of the Industry Awards 2018 Finalists
The winners will be announced on Feb. 19 during the NAHB’s International Builders’ Show in Las Vegas. DEVELOPER AWARDS Best Garden Apartment Community ASCENT CRESTA BELLA Location: San Antonio Submitted By: The NRP Group Developer: The NRP Group Architect: GSR Andrade General...
The new housing problem facing low-income renters
There’s a new problem facing low-income individuals seeking affordable housing: Even if they have a housing choice voucher to subsidize rents in the private market, landlords do not want to accept voucher tenants. A...
