Monday, April 29, 2024

Cover story

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.,...

Sell smarter

One look at the apartment industry today quickly tells you this is not your father's business. Aided by widespread adoption of technology and driven by new standards of accountability, performance, and professionalism, the industry...

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...

Fighting the CDC eviction ban

In the midst of the COVID pandemic, the Centers for Disease Control (CDC) took the unprecedented step of banning evictions nation-wide, characterizing the action as a public health measure. The action spawned lawsuits across the...

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 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...

Multifamily’s great reno invasion

Among those speakers was Chip Gaines, who recounted his experience doing facelifts on single-family homes in Waco, Texas, during his presentation at the conference. Chip, who shares the spotlight with his wife Joanna on...

The problem with passion

Mike Rowe spoke with us about the skills gap—that chasm between the skills employers want employees to have and what workers actually bring to the job—several months before he was scheduled to address attendees...
Novel Midtown

NAHB Pillars of the Industry finalists 2022

As part of its mission to promote excellence in multifamily home building, the National Association of Home Builders (NAHB) has sponsored the Pillars of the Industry awards for more than 20 years. These awards...

Breathing new life

Parcels at Concourse, crowned Community of the Year by the Pillars judges, not only revitalized a long-deserted historic building in a declining area of Memphis, Tenn., but also incorporated an impressive array of uses...

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...
Modera Sedici Exterior

From sea to shining sea

The winners of top honors in the National Association of Home Builders’ 2019 Pillars of the Industry competition are providing new housing for military service personnel and university students, affordable apartments for low-income residents...
Toronto’s Cloverdale Square Shopping Mall rehab

Empty offices, troubled malls become new “15-Minute Cities”

At ULI’s Spring Meeting apartment experts found new solutions and opportunities to build—even in uncertain times. A questionable economy and high-interest rates are not stopping apartment developers from making new plans to transform communities. “We keep...

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...

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,...
Yield PRO