SFFR up their game
According to new data from the current Single-Family Rental Market Index (SFRMI) by the National Rental Home Council (NRHC) and John Burns Real Estate Consulting (JBREC), homes built for the purpose of renting—build-for-rent homes—accounted...
The time the federal government built a flawed housing project and tore it down...
On the 50th anniversary of the demolition of Pruitt-Igoe, it’s nearly impossible to understate the failure of the St. Louis public housing project. Famed architect Minoro Yamasaki, who would go on to design the World...
Another great moment in history: NAHB Multifamily Pillar’s awards
It doesn’t get bigger than this. The National Association of Home Builders, one of the largest and most influential trade associations in the country, has grown alongside the nation and its housing providers for...
Sweet liberty
The U.S. republic is a great wonder of the world. Many believe divinely inspired. Even today the vast majority of its citizens continue to seek its promise of “life, liberty and the pursuit of...
Return of Waters
At the urging of NAHB and other business groups, the U.S. Supreme Court has agreed to hear a challenge to the Clean Water Act that would clarify an earlier ruling from the nation’s highest...
Materials scarce. Prices high.
As the construction industry struggles under the burden of material cost increases, supply chain disruptions and labor shortages, demand for single and multifamily homes remains strong. A confluence of conflicting trends that intensified during...
Former WeWork CEO jumps into apartments
The apartment siren has snagged another. Companies tied to Adam Neumann have acquired majority stakes in over 4,000 apartments valued at more than $1 billion in total, reports The Wall Street Journal. Neumann gained notoriety in...
The ESA problem
In 2017, Marlin Jackson boarded a cross-country flight. When he got to his row, another passenger was already in the middle seat with an emotional support dog in his lap. According to Jackson’s attorney, “The...
A visionary’s life
The architectural community lost a giant of the industry when Mark Humphreys died last month. The founder of the nation’s largest multifamily-focused architectural firm died on January 3. He was 67. Humphreys was a visionary...
Corporate greed isn’t driving inflation
Inflation has reached its highest level in nearly 40 years, and everyone is looking for answers. Before fiscal and monetary authorities can muster a policy response, we need to understand what is causing inflation....
Digital evolution 2.0
The global response to the coronavirus disrupted economies worldwide, destroyed livelihoods and many small companies, and negatively impacted larger ones. It also compelled new demands from businesses and provided a unique opportunity for multifamily...
Birth of a builder
Christmas makes me think of builders. It celebrates, among other supernatural events, the birth of a carpenter who apprenticed in the family business. Once grounded in the principles of earthly construction he went on...
Apartment boom boosts adaptive re-use
New renters are signing leases and moving into 109 luxury apartments at The Arden, an old office building that re-opened as a new multifamily community in the Koreatown neighborhood of Los Angeles, in August...
Trends likely to sustain BFR sector growth
Institutional investors have been increasingly interested in the build-for-rent (BFR) space over the last five years. But the pandemic poured gasoline on an asset class that offers residents space, privacy and the flexibility of...
Best cities for multifamily, 2022
National multifamily occupancy rates are at record levels, with markets across the country seeing a strong increase in rents. According to RealPage, nationwide effective rents have increased 8.3 percent, the greatest gain since 2010....
