Thursday, March 28, 2024

Cover story

The Fitzgerald at UB Midtown

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...
Wood partners

Builder be nimble

Apartment REITs, despite their ability to finance development projects on their own balance sheet, were not the first out of the gate. Instead, it was privately held real estate company Wood Partners, which has a...
Adams and Central

In it to win it

Honoring the historic nature of their surroundings while giving them facelifts, from mixed-use to student housing, the vast majority of those recognized for excellence in multifamily development sought to increase connectivity between urban neighborhoods,...

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,...

Sunny skies. Great buys.

Land is sacred in Hawaii. And, going vertical makes perfect sense on an island where real estate is in finite supply. The success of the pre-sales at Pacifica Honolulu, where a ground blessing ceremony...

NAHB Multifamily’s showcase of the best and the brightest

But the lack of a bricks-and-mortar venue in no way diminishes the value of the award that is considered the Oscar of the multifamily industry. And association members and the public will have ample...

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...
Avalon Northborough

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...

Real estate deals: catching a falling knife

That was one notable assessment by panelists at the fall conference of the Samuel Zell and Robert Lurie Real Estate Center held at Wharton recently. They also offered insights on lessons learned from the...

Who will save us?

One is H.R. 1935, introduced by Rep. Sander Levin (D-Mich.) that would change the tax treatment of carried interest, or what is known in real estate as "the promote," to regular income from 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...

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...

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...

New HUD secretary is a multihousing guy

Since 2004, Commissioner Donovan has headed New York's Department of Housing Preservation and Development. During the Clinton Administration he served as Under Secretary of HUD for Multifamily Housing and also served as the Acting...

Back to basics

Over the years since George Lane founded the multifamily company in Atlanta, its platform has grown to include development, investment, asset and property management, renovation and construction of a wide variety of apartments, condos...
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