Friday, May 3, 2024

Cover story

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 starts spreadin’ the news

The multifamily industry has been an important part of the 65-year- old National Association of Homebuilders (NAHB) for decades. Since 1981, NAHB Multifamily has served as one of the voices of the industry. But...

Pillars: building community

The Galaxy Apartments, which was completed at the end of March 2012, is a key player in the revitalization of a derelict city block in an overlooked area in South Silver Spring, Md. The 241-unit...

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...

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 big chill

Multihousing brokers are certainly feeling the pinch. During a panel discussion at the Apartments 2008 conference in Los Angeles, hosted by Real Estate Southern California and GlobeSt.com on October 2, brokers from CB Richard...

Landlords rule

"We are riding a monster wave that has a long way to go before getting to shore," said Camden Property Trust CEO Ric Campo in his introduction to the apartment REIT's Q1 2012 conference...
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...
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...

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...

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...

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...

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...
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...

Cheaper by the dozen

In mid-January, the apartment REIT announced the exercise of an option to purchase the 80 percent interest not currently owned by Camden in 12 related joint ventures for $99.5 million. Camden originally owned 100 percent...
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