Tuesday, April 23, 2024

Cover story

Market smarts

Good data lies at the heart of every successful operation, but data, in itself, is just the proverbial stack of lumber. Without an understanding, or a plan for construction, it has no context and...

Star bright, starlight

Today, the Washington, D.C. firm is largely accepted as the reigning online provider of commercial real estate (CRE) data and related services for every sector—retail, office, industrial, farm property, raw land, small businesses and,...

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 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...

Risky business pays off

And, they’re expecting equally satisfying results from communities underway and in their pipelines. Equity Residential “There is absolutely no doubt that we continue to enjoy very strong apartment demand across our core markets,” said Equity Residential...

West coast story

“It’s a great time to own apartments on the West Coast,” said Essex President and CEO Michael Schall during his company’s presentation at the Citiglobal Property CEO conference held this March in Hollywood, Fla.,...

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...

The incredible disappearing tradesmen

Construction costs rose eight percent from 2011 to 2013, with another four percent boost expected by 2015. While commodity prices have gone up, the cost increases having the most affect on multifamily are largely...

Legacy builder

Rick Graf believes in good, old fashioned hard work. “If you work hard, you will get ahead and, if you are smart and stay out of trouble and do the right thing, you will...

Game changer

With Greystar Real Estate Partners' acquisition of Riverstone Residential in June, the nation's two largest privately owned apartment management companies are now one mega-firm with almost double the number of managed units than that...

Start spreading the news

De Blasio unveiled his administration’s ambitious plan to build and preserve 200,000 units of affordable housing, one that he says will house half a million people at a cost of more than $41 billion...

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...

The rise and sell of BRE

And, if stock prices are an indication of which REITs investors wager are ripe for M&A, Home Properties and Post Properties both are on the radar as potential targets. Exactly 12 months after the Archstone...

The big deal

The CEOs of Memphis-based Mid-America Apartment Communities, Inc. (MAA) and Birmingham-based Colonial Properties Trust, respectively, believed their companies combined would be better than two standalone entities. So, on Oct. 1, after 20 years as friendly...
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