How office politics corrupts potential
The answer is, it’s mixed. On the one hand, science has given us robust tools and powerful theories to quantify the key indicators of future career success, job performance, and leadership effectiveness. On the...
Pump up the volume
Apartment completions in the 150 largest U.S. metros spiked at 395,775 units in 2017, a volume that beats the 2016 level by a significant 46 percent and more than doubles the long-term average. Completions...
Rent control raises housing costs
A new paper analyzes the effects of rent control expansion in the city and finds that it reduced rental housing supply, causing a city wide-rent increase. People are understandably worried about the cost of living,...
It might be time for a housing revival
On November 15, 2017, Dr. Ben Carson, Secretary of HUD, gave the keynote address at the Housing America’s Families Forum hosted by the J. Ronald Terwilliger Foundation at the Renaissance Center in Detroit, Mich....
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?...
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...
Mixing it up
The mostly urban projects that captured the judges’ votes echo a popular and growing trend—the inclusion of ground-floor retail and dining establishments that add another revenue stream to a community’s earnings and enhance resident...
Aging baby boomers still want it all
As a segment of the growing senior population seeks upscale urban living, an affordability crisis looms. Michael Gordon, VP of planning and development for a Boston real estate firm, has been counting down the days...
The truth about workaholics: it’s not always bad
We think of the workaholic as someone hunched in a cramped office in rumpled clothing, sweating over a hot computer while the hours crawl by and everyone else has gone home. Or someone obsessively...
Those things that ignite the soul
CSR initiatives encompass a company’s efforts to promote positive societal, economic or environmental change. The initiatives are self-regulated, and the scope and scale of CSR programs can vary widely. The results, however, share common benefits....
That upon which we focus, increases
The apartment industry isn’t known for being an early adopter of new technology, but a new wave of venture capital (VC) targeting new technology in the commercial real estate (CRE) sector may change that...
Airbnb: The $31 billion gorilla in the room
A 2016 NMHC survey found that just 1 percent of apartment owners currently allow home sharing, while 42 percent conceded their residents list units on Airbnb despite leases explicitly prohibiting short-term rentals. Preliminary numbers...
Honey, we shrunk the future
Instead of those conditions adding up to more babies, as they traditionally have, the U.S. birth rate dropped—and it’s not clear whether women today are simply delaying having children or choosing to forgo it...
To top it off
Developers are working overtime to squeeze outdoor amenities into their new apartment buildings, even in urban neighborhoods where the only place to put an outdoor amenity would be on a rooftop. “You can’t build a...
6 ways Millennials are influencing the multifamily market of the future
From apartment design and amenities selected, to the size of the units and the technology incorporated within them, this generation, which is anticipated to reach 70 million by 2024, is certain to influence housing...
