Sunday, April 28, 2024

Article

Laura Khouri

Laura Khouri may be new to the head spot at Western National Property Management,...

Longevity with one company has had its advantages. "I've actually been able to learn from other peoples mistakes. I have been watching property management from the circumference for many, many years and, in doing...

Revamping stalled condos

The trend began in 2009, when a few distressed condo assets were snapped up by REITs and well-capitalized privates with balance sheets and/or equity partners that allowed them to close all-cash deals quickly. Essex Property...

Maxwell Drever’s back in buy mode

"Clearwater ghost comes back to life," a local business journal declared above a story about Concierge Asset Management's purchase at the beginning of July of a long-dark condo tower in the economically troubled city...
Jefferson 14

Jefferson reborn

Butz and Lamb plan to own the assets they acquire and build with their investment partners for a long time, in the neighborhood of seven to 10 years. "That's not to say we won't...

10 ways to supercharge the American economy

He's spot-on since Obama's progressive pottage has left us with a sluggish economy, unemployment over 9 percent and a 14.3 percent poverty rate—more poor people than we have had in a half-century. Our economy suffers...

Sunny skies. Great buys.

Land is sacred in Hawaii. And, going vertical makes perfect sense on an island where real estate is in finite supply. The success of the pre-sales at Pacifica Honolulu, where a ground blessing ceremony...

America, the complicated.

In previous decades, the Great Depression inalterably shaped its own generation. It haunted my grandparents, and determined how they would work and save the rest of their lives. How will the past two years impact...

Great expectations

Although on-campus housing likely will remain a necessity, recent research by the National Multi Housing Council suggests that college students actually elect to live off campus in apartment communities replete with social gathering spaces,...
A prototype for a CampusBrands

Head of the class

Today, student housing is a bright spot in an otherwise gray multihousing landscape. It is one of the fastest growing asset classes and boasts the highest market-driven net operating income. While development starts of...
The Lofts at 707 Tenth Avenue

All in due time

"It's a little different right now, but it's a pretty good dream," Oliver said of the firm he and McMillan launched in 1978, now underway on nearly $1 billion in development, despite the economic...

Avatars in the leasing office

"Everything else is moving at the speed of light, why isn't the paper?" That question, asked by Debra Radice, managing director of Texas-based SyndicIT Services Corporation, was the catalyst for creation of a new...

Affordable multifamily worth its metal

Until now, affordable, green and rental housing haven't always gone hand in hand. With the opening of the first and only affordable apartments in the East Rancho Dominguez redevelopment area, eco-friendly housing no longer...
Hazard Center

Going vertical

And it was conscientious adherence to those goals that won OliverMcMillan's Hazard Center Revitalization plan—the prototype of that City of Villages concept—the almost unheard-of unanimous approval of both San Diego's planning commission in March...

What just happened?

The Federal Reserve recently concluded that the "economic outlook had softened somewhat" and now predicts that the economy will grow between 3 percent and 3.5 percent this year, down from its prior forecast of...

Keeping the owners happy

Sometimes, despite good management, leasing results fall short. This may reflect such things as seasonality, weather, the local economy, or other factors beyond a manager's control. How do you effectively convey this information to...
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