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...
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...
Rebuilding the labor force for multifamily
Several days earlier, the writer, narrator, producer, actor and former host of the popular television show Dirty Jobs delivered the same message to a House Committee on Education and the Workforce subcommittee on Capital...
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...
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...
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...
Oasis in a dry economy
"Increased renter demand from the baby boom echo, falling home-ownership rate and historically low new supply almost offset the worst drop in employment in over 60 years," said Camden Property Trust CEO Ric Campo,...
EQR hunts for deals
The company that traditionally has grown through acquisition, but bought no assets at all in the first three quarters of 2009, bought two in Q4. Last October, the REIT closed an all-cash transaction to...
Hold Everything
The keenly watched deal is the second largest real estate buyout in history, eclipsed only by the $39 billion acquisition of EOP by The Blackstone Group. The deal was struck in late May, before...
Artful amenities
While dog parks, pool decks, community-wide WiFi, granite countertops, bike storage and repair areas and package delivery centers are becoming commonplace, apartment and condominium developers are challenged to add ever more innovative amenities to...
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 real deal
The company's execs caught market watchers by surprise this year with the announcement at the end of January that UDR has entered into a contract to sell 25,684 apartments spread from Oregon to Delaware...
Clearing roadblocks to affordability
It’s no secret that the U.S. has a dearth of affordable rental options for the nation’s most vulnerable households. This scarcity of housing makes it a priority for multifamily to produce more affordable housing,...
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,...
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...
