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Benchmarking rules tighten

There’s an unexpected piece of paper taped to the glass entrance of 550 Vanderbilt, a luxury, high-rise in the Prospect Heights neighborhood of Brooklyn, N.Y. Visitors might see it as they enter Ciao Gloria, the...

The case for space

Personally, I’m a big fan of markets, but I’m not much of a city guy. I’ve lived in urban areas before, and to me the benefits just don’t outweigh the cost of the hustle...

Money for nothing

In 1985, British rock band Dire Straits complained, “They ain’t workin’, that’s the way you do it; Money for nothing and your chicks for free.” The lyrics criticized the excesses of nouveau riche rock...

Unlocking a smart future

Smart technology is unlocking the door to a better experience for apartment renters, making management’s job easier and increasing the value of multifamily assets, say providers of smart apartment technology, the latest industry trend. Companies...

AI that actually works for multi-dwelling operations

Like many, you probably have tech at home. As an early adopter, I’m acutely aware that it’s more a hobby than a tried and true form of security, energy management or automation. The electricity...

Filling in the gaps

Apartments properties are buried in packages—and more keep coming. Property managers still look for a reasonable solution that doesn’t cost too much. Short of hiring a human staff person to receive packages and watch them...

Ageless tech

With the current real estate market not exactly favoring the buyer due to the interest rate hike and soaring housing prices, the demand for rental units in multifamily properties continues to rise. And while...

Can Biden help housing? White House solution isn’t nearly enough.

At one time or another, every politician—local, state, and federal—promises to help create “affordable housing.” The issue has become especially critical of late with rents and housing prices rising and higher interest rates making...

Prepping for the oncoming rate hikes

At the dawn of 2022, the outlook for multifamily real estate looked as bright as in the year just ending. Industry experts released bullish forecasts and a number of loan specialists spoke on the...

The makers

For the lion’s share of entrepreneurs, business owners and other captains of their own fate, American freedom is an immutable part of our DNA. Lest we forget, freedom is neither engineered nor manufactured, regulated...

Apartment deals find equity investors in a changing environment

Apartment companies need more equity than ever to buy and build for a number of reasons: They are acquiring and developing apartments at record volumes The cost to complete these deals is growing as...

Renters renew at record levels

More apartment renters than ever are choosing to renew leases in the same unit, even as rents jump amidst rapid inflation. At the same time, market-rate renter incomes continue to soar—helping push up affordability...

Providers of single-family rental homes are an important part of America’s housing ecosystem

President Biden’s release in May of a “Housing Supply Action Plan” represents a commendable effort to bring much needed quality, affordably-priced housing to communities throughout the country. In taking steps to “ease the burden...
Airing on the side of efficiency

Airing on the side of efficiency

Changes are coming in January that will impact multifamily developers and owners looking to install or upgrade their HVAC systems. Every six years, the Department of Energy (DOE) re-analyzes the effects of energy usage,...

The most valued asset

The 2021 movie Old by M. Night Shyamalan is based on the French-Swiss graphic novel, Sandcastle, by Pierre Oscar Levy and Frederik Peeters. Its main theme centers on man’s relationship with time. Man’s tendency is...
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