Friday, March 29, 2024

Cover story

I love this town Bon Jovi style

On Sept. 2, 2008, the lead singer and founding member of the eponymous rock band was back in Newark, shovel in hand, to turn first dirt on the Newark Genesis Apartments, 51 units 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...

Business as unusual

As cities, counties and states begin loosening lockdown orders and allowing non-essential businesses to open, apartment owners are weighing strategies to ride out the economic disruption caused by the COVID-19 pandemic and finding slivers...

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...
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...

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...
Slightly rising apartment rents will not be enough to help developers begin new projects, experts say. Interest rates will still be too high.

Survive to 2025

High interest rates will still burden apartment investors struggling to make deals in 2024. Others will struggle simply to hold onto their properties. Going into 2024, thousands of apartment investors are in serious trouble. Many...

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...
Modera Sedici Exterior

From sea to shining sea

The winners of top honors in the National Association of Home Builders’ 2019 Pillars of the Industry competition are providing new housing for military service personnel and university students, affordable apartments for low-income residents...

What’s in the cards for apartments?

After seven years of rising construction, rents and occupancy, the apartment building boom is finally showing signs of flattening. The slight dip in multifamily starts in the first half of 2016 might indicate that rampant...

Apartment IQ

The emerging mechanization promises benefits to property owners and managers of apartment communities, including energy cost savings, possible incentives from insurance companies and housing authorities for development, resident attraction and retention and water and...
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...

Fighting the CDC eviction ban

In the midst of the COVID pandemic, the Centers for Disease Control (CDC) took the unprecedented step of banning evictions nation-wide, characterizing the action as a public health measure. The action spawned lawsuits across the...
Yield PRO