Sares Regis expands portfolio
The new acquisitions total 300 apartments in Portland and North County San Diego, and for a portfolio of eight properties totaling 1,220 apartments out of the fund formed last year. The fund was initially...
The marshmallow test for grownups
Children at Stanford’s Bing Nursery School, aged four to six, were placed in a room furnished only with a table and chair. A single treat, selected by the child, was placed on the table....
The next bubble?
Apartment sales volumes are back to peak levels. Prices have jumped to all-time highs. Cap rates have dropped to long-time lows. And with demand high and funds uniquely accessible, apartment construction has surged to...
Game changer
With Greystar Real Estate Partners' acquisition of Riverstone Residential in June, the nation's two largest privately owned apartment management companies are now one mega-firm with almost double the number of managed units than that...
The tick tock of economics
My grandmother had a penny jar, while my father insisted we eliminate the one dollar bills and round up when playing Monopoly. The philosophical difference was not lost. So why do policy makers seem to...
$20 billion skyline
Employers, and by extension, cities seeking growth and tax dollars, are competing more fiercely than ever to become centers of innovation and attract top talent. In New York City, that thinking applies to the...
Room with a view
Katie Graham moved into a new apartment in Nashville, Tennessee, for its gym, rooftop deck with heated pool, and the bars and restaurants in the neighborhood below. She didn't mind the size of the...
Powering down
The decline is due in large part to a significant decrease in electricity used by televisions and computers, according to a new report, which analyzed 46 types of consumer devices commonly used in homes. The...
Emotional boundaries
Filter 1: Protect yourself from others. I once worked with a manager who gave blunt feedback in perpetuity: "You're not a grateful person!" and "You're just not a great writer!" and "Well, that was...
Customer experience quantified
Rationales for focusing on customer experience tend to be driven by a gut belief that it's just "the right thing to do." The problem with this is that often, whether experience is a priority...
Staying the night or the year?
"Great cities of the country are usually led by people living and coming downtown on a 24-hour basis, so we at HRI are glad to be a part of a renaissance in downtown Dallas,"...
Start spreading the news
De Blasio unveiled his administration’s ambitious plan to build and preserve 200,000 units of affordable housing, one that he says will house half a million people at a cost of more than $41 billion...
High-risers
By the number of cranes active in the nation’s urban markets, the moniker that best describes multifamily in 2014 might be the year of the luxury high-rise. Major metros are buzzing with activity as developers...
The lion’s roar
Indeed, the world is an unbelievably amazing place, rich and beautiful and full of wonder. Still, some things may simply be too hard to believe, like sleeping in a tent on the Masai Mara in...
Donald Sterling
Los Angeles Clippers owner Donald Sterling apologized on CNN for racist remarks that recently got him banned from the NBA for life. It was his first public statement since a tape surfaced of the...