The art of the simplified portfolio
Would you rather have more of something worth less or less of something worth more? Execs at Denver, Colo.-based apartment REIT Aimco pondered that question as the collapse of the housing market and the...
Lucky stars: saga of a bull market
“The apartment industry hasn’t looked this good in some time,” said Jeff Adler, VP and general manager of Yardi Matrix during an interview with MHP in July. Yardi Matrix is a business development tool...
UDR logistics: The art of the right turn
On a year-over-year basis, the REIT saw reductions in spending on apartment community upkeep of 4.1 percent in Q1, 11.7 percent in Q2 and another 5.2 percent in Q3, ending the year with repairs...
Safe harbor
The mainly bi-coastal apartment REIT broke ground for two new apartment projects in Q4 2009. The 219-unit, $36 million second phase of Avalon Northborough, in a suburb about 22 miles west of Boston got...
And the winners are…
The 466-unit first phase of Columbia Parc at the Bayou District in New Orleans, La., winner of both the Community of the Year and Best Affordable Community awards, was honored by a visit from...
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...
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...
The work in hand
The rapid advance of cyber technology is rendering what was new yesterday old hat tomorrow. Internet listing services that were cutting edge a decade ago are considered outdated as potential renters go directly to...
Freddie and Fannie, how low can you go?
"The Congress really took a hard look at our industry's lobbying efforts to create a more balanced housing policy," Camden Property Trust CEO Ric Campo told analysts during the apartment REIT's Q2 earnings call,...
Rent control laws seize New York apartments
Last ditch attempts by real estate developers to thwart final approval of rent control legislation was just too late, reported the New York Times.
“There was some arrogance on the part of the real estate...
Multifamily’s TKO
Over the past ten years, the 35-year-old Olympic gold medalist, ten- time world title holder in a record six weight classes and Grammy-nominated recording artist has been assembling a business empire known as Golden...
Adapt and reuse
Adaptive reuse has gained favor as Americans continue to migrate from the suburbs to redeveloped city downtowns and close-in townships along mass transit lines that offer easy access to work centers.
And, in an age...
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...
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...
Supreme Court takes up key housing discrimination case
There may be many reasons for a racial disparity in home loans—for example, financial qualifications—that have nothing to do with discrimination. Yet businesses routinely settle when hit by disparate-impact claims because the reputational cost...
