Paradigm shift
The partners, who come from family-owned multifamily businesses with a combined 150 years of experience, plan to redefine the future of urban rental living by developing and managing apartment communities based on five principles:...
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...
Short terminal velocity
Marcie Williams is the president of Rivergate KW Residential and oversees a Class A management portfolio stretching from New York to Miami. At all of her communities, resident leases include a policy prohibiting subletting....
The election is over. Now what?
On January 20, Donald J. Trump will be sworn in as the 45th president of the United States. It will mark the conclusion of an unprecedented and unparalleled election season that also saw the...
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...
Can’t fight that feeling
But the apartment industry is catching on with the help of partners like software provider Yardi, which tapped the hotel sector for cutting edge solutions to repeat business and extended leases during its 2017...
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...
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...
RealPage Goes for the Gold
In Colorado, RealPage CEO Steve Winn shows clients new tools for reaching higher levels of performance.
The greatest athletes in the world all strive for one thing: peak performance. To accomplish this, they employ the...
Smart machines
A form of artificial intelligence (AI) has been utilized in the multifamily industry since the first revenue management software programs were created 18 years ago to set rents.
In that first phase of what also...
Good-bye Archstone, hello mega-REITs
Underperformance of apartment REIT shares was a major impetus behind the defunct investment bank's decision to sell Archstone in a private sale to competitors Equity Residential (EQR) and AvalonBay (AVB) rather than in a...
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...
The year of transformation
The Rey
The 478-unit The Rey, named Community of the Year and awarded the title of Best High-Rise Community, represents Wood Partners’ and The Berkshire Group’s entry into downtown San Diego and exemplifies the partnership’s...
The work in hand
The rapid advance of cyber technology is rendering what was new yesterday old hat tomorrow. Internet listing services that were cutting edge a decade ago are considered outdated as potential renters go directly to...