Apartment market weathers the storm of new supply
Apartment landlords can no longer raise rents like they used to. So many new apartment units are opening that the vacancy rate is inching higher across the country. This year “will likely remain challenging for...
The labor demand
Every month, the U.S. Census Bureau, the U.S. Bureau of Labor Statistics, and the U.S. Department of Housing and Urban Development release statistics that paint a seemingly clear picture of the construction industry: Housing...
By the numbers
While America is considered the ultimate melting pot, many companies have yet to capitalize on the value of this model. Diversity in the workplace holds benefit for teams, partners, stakeholders—and the bottom line. A 2015...
What makes a great website?
Spherexx.com was recognized in April as an official honoree in the category for best visual design and function by the Webby Awards, an international group honoring online excellence since 1996. Judged by the International Academy...
Hospitals to housing
Martin credits her apartment in the new CAMBA Gardens II with helping her stay on top of her physical and mental health, and bond with neighbors. “It’s a bridge back to life,” said Martin, who...
Smart cities rising
Technology is reconfiguring traditional roles and divisions of labor. City governments don’t have to provide every type of application and service themselves. In fact, they can’t—and this realization opens the door for other entities...
Greystar invades the U.K.
Allianz is acquiring an interest in Chapter alongside PSP Investments and Greystar’s current stake. This new partnership supports an expansion program targeting 10,000 student beds and doubling the size of the portfolio within five...
The U.S. isn’t just getting older. It’s getting more segregated by age.
Back in 2010, one of Judson’s residents realized that the goal of enlivening the cultural life of the retirement community and the need to provide affordable housing for nearby graduate music students might be...
Is something burning?
With the best of intentions, I’ve seen smart leaders charge into sensitive interactions armed with what they believed was a combination of deep empathy, attuned listening, and self-awareness but was, in fact, a way...
Buy or rent your property lighting?
From the first utterance of “Let there be light,” to dramatically altering civilization with the prevalence of electricity, light has always been significant to our world. Today, we’re a society that spends an average of...
From property management to prosperity management
The latest figures for average annual turnover of residents in the multifamily sector is 55 percent. In other words, more than half of property owners’ inventory is on the market all of the time....
Revitalizing neighborhoods with a fresh take on affordable housing
In the last decade, a development group has been working to revitalize the community, and several community partners invested $70 million in a redevelopment project to bring life back to this historic and idyllic...
New lawsuit in Seattle: Housing ordinance is unfair and unconstitutional
Seattle’s Fair Chance Housing Ordinance, passed by city council in 2017, forbids landlords from considering applicants’ criminal histories when selecting tenants. In other words, landlords cannot base a rental decision on concerns over their...
There’s an app for that
Today’s renters can shop for a new apartment from anywhere in the country, discover important details like local weather, demographics and statistics about cities and neighborhoods, as well as reviews of a specific community...
Hope, enthusiasm and joy
That’s what business owners are feeling. In fact, there’s historically high optimism around the nation’s economy according to the latest PNC survey. Just for context and to discern what’s real in today’s headlines—fear, despair...
