Monday, March 18, 2024

Cover story

Clearing roadblocks to affordability

It’s no secret that the U.S. has a dearth of affordable rental options for the nation’s most vulnerable households. This scarcity of housing makes it a priority for multifamily to produce more affordable housing,...
Toronto’s Cloverdale Square Shopping Mall rehab

Empty offices, troubled malls become new “15-Minute Cities”

At ULI’s Spring Meeting apartment experts found new solutions and opportunities to build—even in uncertain times. A questionable economy and high-interest rates are not stopping apartment developers from making new plans to transform communities. “We keep...

Rent control renaissance

Failed attempts to implement rent control remind us there is really only one way to lower housing prices when there is a shortage: build more housing. If one needed any more proof that rent control...

NAHB Pillars of the Industry multifamily winners 2022

“Through the pursuit of beauty we shape the world as a home and in doing so we both amplify our joys and find consolation for our sorrows,” said Sir Roger Scruton in his 2009...
Novel Midtown

NAHB Pillars of the Industry finalists 2022

As part of its mission to promote excellence in multifamily home building, the National Association of Home Builders (NAHB) has sponsored the Pillars of the Industry awards for more than 20 years. These awards...

Apartments hold steady despite uncertainty

The pandemic years have created a winning trifecta of high rent, occupancy and demand in the multifamily sector. Vacancies dropped to 5.8 percent, their lowest level since the mid-1980s, rents reached record highs while...

Same assets. Better performance.

Revenue management has been an indispensable price optimization tool in multifamily since the launch of Lease Rent Optimizer (LRO) and YieldStar 15 years ago, both developed in conjunction with large multifamily property REITs and...
Elevation Lofts

Interra Realty brokers $9.2 million sale of mixed-use multifamily property in Chicago’s Rogers Park...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $9.2 million sale of Elevation Lofts, a 40-unit apartment and retail building at 1531 W. Howard St. in Chicago. The...

Unlocking a smart future

Smart technology is unlocking the door to a better experience for apartment renters, making management’s job easier and increasing the value of multifamily assets, say providers of smart apartment technology, the latest industry trend. Companies...

Prepping for the oncoming rate hikes

At the dawn of 2022, the outlook for multifamily real estate looked as bright as in the year just ending. Industry experts released bullish forecasts and a number of loan specialists spoke on the...
Airing on the side of efficiency

Airing on the side of efficiency

Changes are coming in January that will impact multifamily developers and owners looking to install or upgrade their HVAC systems. Every six years, the Department of Energy (DOE) re-analyzes the effects of energy usage,...
AMLI Marina Del Rey

Another great moment in history: NAHB Multifamily Pillar’s awards

It doesn’t get bigger than this. The National Association of Home Builders, one of the largest and most influential trade associations in the country, has grown alongside the nation and its housing providers for...
Kanso Twinbrook

Digital evolution 2.0

The global response to the coronavirus disrupted economies worldwide, destroyed livelihoods and many small companies, and negatively impacted larger ones. It also compelled new demands from businesses and provided a unique opportunity for multifamily...

The great migration

The future of the apartment industry looks bright. Demand for rental homes is strong, rent growth has returned to pre-pandemic levels and renters who fled major cities in 2020 are showing renewed interest in...
Ardmore Cates Creek

Easing the squeeze

The American dream of homeownership has become inaccessible for many, thanks to historically high home prices that are keeping prospective buyers in the rental market. But increased demand for rental housing—along with dwindling supply—continues to...
Yield PRO