Pricing mobility
According to Donald Davidoff, founder of D2Demand Solutions, a technology consulting firm specializing in the multifamily housing industry, and former Archstone Smith REIT’s group VP of pricing and revenue management, automated revenue management systems...
West coast story
“It’s a great time to own apartments on the West Coast,” said Essex President and CEO Michael Schall during his company’s presentation at the Citiglobal Property CEO conference held this March in Hollywood, Fla.,...
America was built by thinkers
One’s ability to work through challenges has a cascading effect on every level of society. Such a skill also strengthens our stream of renters and their ability to pay rent, be responsible citizens and...
6 fascinating findings about micro-apartments
Clever, cutting-edge, oh-so-cool and, when not being coveted, almost always a point of contention and source of controversy in the neighborhoods where they pop up—it’s impossible to ignore the rapid ascent of micro-apartment developments...
11 Body signs showing that someone is lying to you
Dr. Leanne ten Brinke of the Haas School of Business at the University of California has undertaken recent research that suggests humans have pre-set instincts for detecting liars, however they are often overridden by...
What motivates you?
Maybe you’ve worked with someone who met deadlines and followed through, but for some reason couldn’t move forward on the goals they set for themselves? Or does that description fit you? In researching and writing...
Wake-up call
Globalization, flex hours and the work-at-home smartphone ever aglow are robbing many workers of sleep, and the consequences go beyond coming into the office with dark circles under the eyes. Several recent studies find...
Rent grows in cities of all sizes
“Three years ago, rent growth was primarily happening in the six or seven largest metro areas,” says John S. Sebree, vice president and national director of the national multi-housing group for Marcus & Millichap’s...
Converting to a paperless rental office is not an option
Multifamily remains the most fragmented industry in the United States. That is, there is no REIT, private company, nor entity that has devised a single unifying operational model that works universally for every property,...
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...
Be fearless
The value of stuff Ambiently determining the value of stuff may be our newest religion. It may or may not include free and fair market, inherent worth, or supply and demand. Generally, it’s complicated, debated and...
Investors warm to European multifamily housing
In the U.S., the multifamily sector is dominated by huge companies which own hundreds of thousands of units. But in most of Europe, rental-apartment ownership is fragmented. In the U.K. and France, private landlords...
Smaller cities led the way in rent increases in 2014
Nationwide, apartment rents rose an average of 3.6 percent last year, according to data from Reis Inc., a real-estate research firm. The increase pushed the average monthly lease rate to $1,124.38, the highest since Reis...
Let the good times roll
The multifamily sector, especially rental apartment buildings, has been playing a hot hand in 2014 as it demonstrated sustained underlying strength. Even as new apartment construction levels hit the highest monthly construction pace since the...
Poll: Police are still incredibly popular
New Yorkers aren’t thrilled with police demonstrations against New York Mayor Bill de Blasio. A poll released last week by Quinnipiac University found that a large majority of voters in New York disapprove of...