Big efficiency, little cost
In 1996, the Department of Defense (DoD) created a program to move the ownership and management of housing for service personnel to private companies as part of a Public-Private Venture (PPV) program. The idea...
The measure of brilliance: results
I’ll lace up my running shoes again tonight. Unlike most runners who start their day on the road, I finish my day in my Asics with my thoughts as my only companion. It’s a...
Are market-based rents on their last song?
If voters opt yes on Prop 10, we can say hello to new—and, frankly, aggressive—rent control regs in California. Local municipalities would have the ability to put rent caps on all rental properties—single family,...
Prospects visiting your website are not ready to rent now
This summer, PERQ, based in Indiana, analyzed consumer insight data from their online guided shopping solution, and found that 53 percent of more than 16,000 consumers on multifamily property websites said they plan to...
Time to reframe
From the family tree to the org chart, we’ve evolved to think and speak in hierarchy. It centers us in our world. It informs our place and purpose. Who would have thought it would...
Illuminating those things that unite us
Returning the Favor, Rowe’s latest series, made for Facebook, shines a light on quintessential American values. It profiles people who are of service to others and shows the profound effects of their deeds. Can one...
Be not afraid… of data
Consider three examples. The first involves Billy Beane, front office executive for the Oakland Athletics and the subject of Michael Lewis’s book Moneyball, who transformed baseball using data. He didn’t do it using fancy...
The great disappeared
The state remains one of the most unequal in the nation—one that has both billions of dollars in Silicon Valley and rampant homelessness. The Golden State’s efforts to eliminate poverty instead accentuates it, and...
Solving the podium problem: maximizing the value of lower floors
As developers know, the higher the unit, the higher the rent. From the top down, a typical floor plate for a new multifamily development allocates a roof deck, penthouse units on the top floors,...
Supply and demand in multifamily
For more than a decade, those opportunities have been plentiful. There has been a heightened demand for apartments that was made larger by a significant undersupply. Will that trend continue? Here’s what we know. Apartment...
Why the U.S. rental market is increasing inequality
Following supply and demand, the increase in renters has come with an increase in rental prices. Those prices have eased a bit in the last several months, but there is a disturbing trend in...
Will UltraFICO help expand credit —or create greater risk?
While the UltraFICO would certainly expand financial inclusion, consumers must be wary of inscrutable offers of credit, and learn how exactly they could protect their data. Essentially, the UltraFICO score is calculated using people’s bank...
Innovative. Agile. Collaborative. Bold.
What’s equally striking is how difficult organizations are finding it to embed these qualities and behaviors in their people. That’s because the primary obstacle is invisible: the internal resistance that all human beings experience,...
Tight spot on the climb
Many multifamily developers and contractors are fighting off price increases for construction materials. “Lately we have seen a few knee-jerk reactions from manufacturers claiming upcoming price increases or possible increases due to tariffs,” says Marc...
A dose of healthy ingenuity
The building gained a new lease on life last year when Evergreen Real Estate Group completed a $24 million repurposing of the building into Aurora St. Charles Senior Living—60 studio, one-bedroom and two-bedroom apartments...