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The commercial banks that make most construction loans to apartment developers are beginning to be more careful. That’s because of worries about the many new apartments now under construction, new bank regulations already on...
In defense of reason and landlords
Oregon is on its final turn toward statewide rent control by legislative fiat. California landlords are just catching their breath after dodging the rent control bullet by referendum. Activists rarely rest, and they only...
Proptech rising
In order to compete for the credits, it is essential to find a piece of land that scores the maximum number of points under the state’s complex selection system. “In Arizona, only ten to...
Apartment REITs: urban exodus
Apartment REITs have been among the strongest-performing property sectors over the last two decades by riding the tailwinds of an unyielding urban revival, a trend that is suddenly severely threatened in several key markets...
Great leaders bring stability
Many business leaders face extreme challenges during their career, but the coronavirus pandemic is uncharted waters for all.
Most offices and stores are closed across the U.S. to combat the spread of COVID-19. Companies still...
This corona moment
It is said that giving a man power is the truest test of character. Those I know, especially in real estate, were nearly all formed, not by the hand of power, but by the...
I’m afraid to blink.
Never before has the world been safer, freer, wealthier, or healthier.
In 2014, 54 percent of the nation’s counties had zero murders and more than half of last year’s murders occurred in only two percent...
Uptown, turnaround Jerry Brown
On a coast filled with dreamy, seaside cities, Oakland is more like a Midwestern industrial town dropped far from home. Mayor Brown points out, “most of the people who work downtown, live elsewhere. They...
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...
The truth about workaholics: it’s not always bad
We think of the workaholic as someone hunched in a cramped office in rumpled clothing, sweating over a hot computer while the hours crawl by and everyone else has gone home. Or someone obsessively...
CDC extends eviction moratorium—again
Dr. Rochelle Walensky, the Director of the Centers for Disease Control (CDC), has extended the agency’s eviction moratorium for renters until July 31, 2021. The agency says that this extension is intended to be...
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...
On the horizon
Here are a few of the top worries for today’s multifamily investors:
Wave of new luxury apartments
Luxury apartment building owners worry about competition from new class-A developments.
“The delivery volume is the biggest concern in the...
Aging baby boomers still want it all
As a segment of the growing senior population seeks upscale urban living, an affordability crisis looms.
Michael Gordon, VP of planning and development for a Boston real estate firm, has been counting down the days...
World’s pollution rises 3 percent
The overwhelming majority of the increase was from China, the world's biggest carbon-dioxide polluter. Of the planet's top 10 polluters, the U.S. and Germany were the only countries that reduced their carbon-dioxide emissions.
Last year,...
