All about the “O”
At the beginning of the year, UDR CEO Tom Toomey predicted good things for the apartment industry. "We support the consensus view that the macro trends for our industry are some of the best...
Risky business pays off
And, they’re expecting equally satisfying results from communities underway and in their pipelines.
Equity Residential
“There is absolutely no doubt that we continue to enjoy very strong apartment demand across our core markets,” said Equity Residential...
The fight over rental control is not over
Voters in California rejected a measure on November 3, 2020, that would have overturned a hard-fought compromise over rent control in one of the most expensive rental housing markets in the nation.
Proposition 21 would...
Beauty will save the world
It is said that beauty preserves the human essence. Through time and modernity, styles will change but human nature, the truth at man’s core—remains constant. Behavioral scientists know this. Marketers know this. Those purveyors...
Apartment lobby taking 2012 policy agenda to Congress
"The single-family collapse clearly illustrated the consequences of the overzealous push on Capitol Hill toward purchasing homes," said NAA president Douglas Culkin in a statement. "With more than a third of all Americans renting...
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...
Afraid to move
Consider these signs of the times:
The Gallup-Healthways Well-Being Index registered 47.1 in August for the category titled "work satisfaction"-the lowest it has been since the measurement was introduced in January 2008. The number means...
Good-bye Archstone, hello mega-REITs
Underperformance of apartment REIT shares was a major impetus behind the defunct investment bank's decision to sell Archstone in a private sale to competitors Equity Residential (EQR) and AvalonBay (AVB) rather than in a...
The big split
Equity Residential and AvalonBay will together pay $2.69 billion in cash along with stock valued at $3.8 billion, N.Y.-based Lehman announced. The buyers, the two biggest U.S. apartment landlords by market value, will also...
The election is over. Now what?
On January 20, Donald J. Trump will be sworn in as the 45th president of the United States. It will mark the conclusion of an unprecedented and unparalleled election season that also saw the...
In it to win it
Honoring the historic nature of their surroundings while giving them facelifts, from mixed-use to student housing, the vast majority of those recognized for excellence in multifamily development sought to increase connectivity between urban neighborhoods,...
The real deal on getting bumped
A total of 928.9 million domestic and international travelers flew on U.S. and foreign air carriers in 2016, beating the previous record of 897.9 million in 2015, according to the Department of Transportation (DOT).
The...
Growth strategy
Today’s tight job market, the current housing crisis and concerns about the impending softening of the multifamily market are prompting property owners to look for ways to control the cost of non-revenue producing functions.
RealPage...
Starwood bets on apartments
Through his publicly-traded Starwood Property Trust Inc., Sternlicht has been buying foreclosed homes to rent as he waits for greater price appreciation. Through his private equity firm Starwood Capital, he also has been actively...
The American Dream loses its luster
In fact, the percentage of departing renters opting for homeownership also reached some historic lows in Q4 2011 and multifamily REITS like Camden Property Trust are reaping the rewards.
"We continue to benefit from incredibly...
