Absolute zero
Decades of underinvestment and underbuilding continue to deepen a national housing shortage decoupled from demand since the 1980s. This was recently underscored by a report released in June by the National Association of Realtors...
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.,...
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...
Gap Widening
Internet-based tools are all the rage in driving property performance.
In the initial stages of internet development, most apartment firms treated the Internet as a novelty then progressed to viewing it as a commodity to...
Sam Zell: Credit crisis not that bad
In a recent lecture at Wharton School of Business, moderated by real estate professor Peter Linneman, the Chicago-based investor said current markets are spooked by problems with U.S. subprime lending. However, they still have...
Getting the green light
In January, NAHB Chief Economist David Crowe told attendees at NAHB Builder's show in Orlando, Fla., that he expects 2011's selling season for single-family homes to beat out 2010, with job growth providing an...
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...
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...
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 Internet listing services that were cutting edge a decade ago are considered outdated as potential renters go directly to...
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...
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,...
Conservative pace wins the race
"Simple and boring is the new exciting," BMO Capital Markets analyst Rich Anderson wrote in a June report on the middle-market REIT that online investment blog REIT Wrecks pegs as this year's high achiever...
The election is over. Now what?
On January 20, Donald J. Trump will be sworn in as the 45th president of the United States. It will mark the conclusion of an unprecedented and unparalleled election season that also saw the...
Liberty and housing for all
The government housing specialist, whose company today operates 40,000 apartments across the country and has contracts with Uncle Sam to do complete residential makeovers at five military bases, was lured into real estate by...
Big efficiency, little cost
In 1996, the Department of Defense (DoD) created a program to move the ownership and management of housing for service personnel to private companies as part of a Public-Private Venture (PPV) program. The idea...
