Wednesday, May 8, 2024

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10 Light Street

Asking tenants to spend the night

"The 520,000 square foot, 34 story structure will be converted to 445 for-lease residences," according to Metropolitan Partnership Ltd., the Reston, Va., development firm that purchased the building in November for $6 million. Ten Light...

Waiting to exhale

Yet, Congress has been consumed over the past year with those things at the bottom of Americans' priority list: reducing health care costs (57 percent), providing health insurance to the uninsured (49 percent) and...

Home values fall across the U.S.

Falling prices are a reflection of weak demand and tight credit conditions that reduce the number of potential buyers. "There are just not a lot of renters with confidence, with a down payment, with good...
Village Green in Rome, Georgia

The case for green rentals

Located in the city of Rome, this new, energy-efficient, 10-unit public housing project is expected to earn LEED for Homes certification at the Silver level—a first for a project of this type in Georgia—as...

Conservative pace wins the race

"Simple and boring is the new exciting," BMO Capital Markets analyst Rich Anderson wrote in a June report on the middle-market REIT that online investment blog REIT Wrecks pegs as this year's high achiever...
IBS 2019 session

Developing Expertise

Multifamily professionals who are interested in keeping up with the latest trends in the industry are undoubtedly familiar with NAA’s Apartmentalize and NMHC’s OPTECH shows. However, they may not be aware of another event...

Multifamily builder, developer confidence index rises in Q2

According to the latest Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB), confidence in the market for new multifamily housing increased in the second quarter, however, it still remains...

Imagine there’s no marketing. “It’s easy if you try.”

he redistribution of power from brands to individuals is the enduring legacy of social media. The recent rise of ad blocking represents a tectonic shift in the balance of power between marketers and consumers....

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...

Freddie and Fannie, how low can you go?

"The Congress really took a hard look at our industry's lobbying efforts to create a more balanced housing policy," Camden Property Trust CEO Ric Campo told analysts during the apartment REIT's Q2 earnings call,...

The future of energy management in commercial buildings

2012 was a momentous year for commercial energy efficiency : despite a slow-growth economy, the number of buildings registering for U.S. Green Building Council's LEED for Existing Buildings rating system skyrocketed; energy disclosure laws...

Ending the American malaise

She was sweet and sovereign, and had the divine ability to cause me to snap into accordance with a single glance. With all her ecclesiastical presence, Sister Timothy bestowed upon me the social power...

Days of change

From rent control to principal forbearance to mounting regulation to healthcare, our world is evolving at a rapid clip. It is the best of times. It is the worst of times. If you are underemployed,...

Squatters training

In March, board member Andres Perez held a teach-in on how to wrest "control" of vacant apartments. He called it "homesteading." "The best time to enter a building is in the late hours," he advised...

The state of being

I certainly have. Even as someone who believes this is but a touchstone for something much grander, it's still hard to think of not being here. Not having a voice in the lives of my...
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