Can’t fight that feeling
But the apartment industry is catching on with the help of partners like software provider Yardi, which tapped the hotel sector for cutting edge solutions to repeat business and extended leases during its 2017...
How deregulating real estate markets can solve America’s shortage of affordable housing
The deregulation of real estate markets doesn’t just make economic sense. It is also a moral imperative.
In the early twentieth century, known as the “progressive era,” the United States embarked on a spree of...
The crystal ball of data
In the opening scenes of The Wizard of Oz, Dorothy runs away from her Kansas home and promptly encounters Professor Marvel, a seedy, itinerant con artist whose tacky traveling wagon advertises him as “Acclaimed...
Suburban rise
Desperate landlords now offer as much as three months free rent to potential renters at new, Manhattan apartment towers.
“There is a considerable amount of pain—20 to 25 percent declines in effective rents,” according to...
Airing on the side of efficiency
Changes are coming in January that will impact multifamily developers and owners looking to install or upgrade their HVAC systems. Every six years, the Department of Energy (DOE) re-analyzes the effects of energy usage,...
Apartment investors dig data
Utility management and benchmarking systems help property managers avoid fees, make smart investments and comply with the law.
Here’s one way to pay a lot less for power and water at apartment properties—stop paying late...
NAHB Pillars of the Industry finalists 2022
As part of its mission to promote excellence in multifamily home building, the National Association of Home Builders (NAHB) has sponsored the Pillars of the Industry awards for more than 20 years. These awards...
Three benefits that could come from the Metaverse
Facebook CEO Mark Zuckerberg recently announced the long anticipated new branding of the Facebook umbrella corporation, which includes Instagram, Facebook, Messenger, WhatsApp, and Quest. “We just announced that we are making a fundamental change...
High interest rates stymie apartment investment
Few are executing new deals amid uncertainty about how high rates will go, what properties are worth, how much rents and operating costs will grow and whether a recession is coming.
Higher interest rates have...
Why does Hollywood hate real estate developers?
There’s a scene in the HBO drama The Wire where several Baltimore homicide detectives come to the realization that the murderous gangster they’ve been chasing for the better part of three seasons might have...
Pillars 2020: Stepping it up
The national obsession with counting steps in the pursuit of physical fitness has spawned a plethora of pedometers in the marketplace and a trend toward pedestrian-oriented neighborhoods in the multifamily world.
More than half of...
I love this town Bon Jovi style
On Sept. 2, 2008, the lead singer and founding member of the eponymous rock band was back in Newark, shovel in hand, to turn first dirt on the Newark Genesis Apartments, 51 units of...
The front line in affordable housing
In 2012, Congress authorized RAD which allows PHAs and owners of other properties financed by the Department of Housing and Urban Development (HUD) to convert units from their original sources of HUD financing to...
Easing the squeeze
The American dream of homeownership has become inaccessible for many, thanks to historically high home prices that are keeping prospective buyers in the rental market.
But increased demand for rental housing—along with dwindling supply—continues to...
