Cover story

Home smarts

And, if speed of lease-up and the ability to charge higher rents at the newly built 70-unit Excelsior Park apartments in Saratoga Springs, N.Y., is an indicator that smart technology is part of multihousing’s...

The year of transformation

The Rey The 478-unit The Rey, named Community of the Year and awarded the title of Best High-Rise Community, represents Wood Partners’ and The Berkshire Group’s entry into downtown San Diego and exemplifies the partnership’s...

Excellence in multifamily housing

The National Association of Home Builders (NAHB) has sponsored the Pillars of the Industry awards for more than 20 years. The awards recognize excellence in all areas of multifamily home design, development, building, management and...

Leasing in a pandemic

The crisis caused by the coronavirus has forced many property managers to finally embrace new technologies. When the U.S. economy shut down in March 2020 to fight the spread of the coronavirus, some apartment companies...

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....
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...

Breathing new life

Parcels at Concourse, crowned Community of the Year by the Pillars judges, not only revitalized a long-deserted historic building in a declining area of Memphis, Tenn., but also incorporated an impressive array of uses...

Can’t fight that feeling

But the apartment industry is catching on with the help of partners like software provider Yardi, which tapped the hotel sector for cutting edge solutions to repeat business and extended leases during its 2017...

Getting inside multifamily’s utility management operation

“In many states we’re seeing an increase in the trend to mandate submetering for any residential and commercial new building construction. Around eight states already have the law in place, up from around three...

Suburban rise

Desperate landlords now offer as much as three months free rent to potential renters at new, Manhattan apartment towers. “There is a considerable amount of pain—20 to 25 percent declines in effective rents,” according to...

The changing face of rentals: single-family

Second quarter data for 2019 reveal that approximately 42,000 homes were constructed as single-family built-for-rent homes over the last year—equal to the prior four quarter starts total—representing about 5 percent of single-family construction. Although...

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...
Anaha pool

Pillars 2020: Stepping it up

The national obsession with counting steps in the pursuit of physical fitness has spawned a plethora of pedometers in the marketplace and a trend toward pedestrian-oriented neighborhoods in the multifamily world. More than half of...
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...

Making hay while the sun shines

"The economy appears to be on a path of sustainable growth. U.S. businesses have healthy balance sheets and plenty of liquidity-consumer debt has declined to levels not seen since the early 90s," said AvalonBay...
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