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...
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...
Home smarts
And, if speed of lease-up and the ability to charge higher rents at the newly built 70-unit Excelsior Park apartments in Saratoga Springs, N.Y., is an indicator that smart technology is part of multihousing’s...
Rent control laws seize New York apartments
Last ditch attempts by real estate developers to thwart final approval of rent control legislation was just too late, reported the New York Times.
“There was some arrogance on the part of the real estate...
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...
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...
Freddie and Fannie, how low can you go?
"The Congress really took a hard look at our industry's lobbying efforts to create a more balanced housing policy," Camden Property Trust CEO Ric Campo told analysts during the apartment REIT's Q2 earnings call,...
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...
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...
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...
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...
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...
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...
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,...
