That upon which we focus, increases
The apartment industry isn’t known for being an early adopter of new technology, but a new wave of venture capital (VC) targeting new technology in the commercial real estate (CRE) sector may change that...
The cost of inaction
Most of us share a common trait: We are “housers.” We understand the foundational importance of the home. Our homes, of course, meet a basic need—shelter. But our homes can and should also provide stability...
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...
History repeats itself
It’s happening again. Once, knowledge was sequestered away on manuscripts in Monasteries only to be set free by the printing press. Suddenly, the Renaissance. The Reformation. The Industrial Revolution. Men read, collaborated and created. Our modern...
Cool new lockers hit the market
Refrigerated package lockers have recently been introduced to the market, spurred by the increase in deliveries of meals from companies like Blue Apron and Hello Fresh, and produce and refrigerated items ordered through Amazon’s...
Investor’s latest sweetheart: workforce housing
There is expected demand for an additional 4.5 million new apartments in the U.S. by 2030, according to data from the Workforce Housing Committee of the National Multifamily Housing Council, Washington. What’s more, deal activity...
Three-comma deal
Willy Walker, Walker & Dunlop Chairman and CEO, commented, “It is a true honor to have been selected by Greystar to finance the largest transaction in its illustrious history. The Walker & Dunlop team,...
Why shuttered hospitals are hot property
Then she heard the rumors that the old Linda Vista Community Hospital building was haunted. “I was a little scared,” said Monroy, 60. But she hasn’t seen a ghost yet, and now she loves living...
After effect
Complexes that stayed dry in heavily flooded areas like west Houston, Kingwood and Spring have been slammed with new tenants. Landlords there are finding their apartments are worth much more than they were before...
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...
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:...
Everyone loves to be sold
The common thread throughout this wide and diverse sea of goods is identifying a solid value to the intended market. Here’s a secret. Selling is not that hard. If you understand human behavior, you’re practically...
First, do no harm
“There was a conversation about how we need to do something proactive with the idea of mobilizing our grassroots network to get them involved in the process,” said NAA President and CEO Robert Pinnegar...
Room service
See if this sounds familiar. You’ve got a marquee property, great management, and a well-recognized brand, but attracting and converting prospects is a non-stop job of cutting through the online static, only to hopefully...
Coming to America
Immigration has become an increasingly prevalent and often polarizing topic within policy discussions, and its effect on the apartment industry cannot be understated. Immigrants are not only a vital component of the industry’s workforce,...