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...
What do you believe?
I found the chirping crickets a curious sound effect after Carvey gushingly asked, "how about that President Obama?" I'm thinking the audience probably just didn't hear the question. I must have missed the Barney Frank...
Liberty and housing for all
The government housing specialist, whose company today operates 40,000 apartments across the country and has contracts with Uncle Sam to do complete residential makeovers at five military bases, was lured into real estate by...
Truth be told
The hope is that consumers, who account for 70 percent of the economy, will finally begin to spend. And while unemployment, real estate values and dampened credit remain a focus in a number 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...
Who says you can’t go back?
I always knew that I'd like this place. You don't have to look too far, to find a friendly face I feel alive when I'm walkin' on the street. I feel the heart of the city poundin'...
New HUD secretary is a multihousing guy
Since 2004, Commissioner Donovan has headed New York's Department of Housing Preservation and Development. During the Clinton Administration he served as Under Secretary of HUD for Multifamily Housing and also served as the Acting...
Get your Sully on
Some were there to catch a glimpse of the unassuming captain, who so deftly belly-landed a disabled US Airways A320 jetliner in the Hudson River in January. Others were there to offer honor to the...
Back to basics
Over the years since George Lane founded the multifamily company in Atlanta, its platform has grown to include development, investment, asset and property management, renovation and construction of a wide variety of apartments, condos...
When Irish eyes are smiling
I shake my head in agreement because no one can win against the Irish drinking song argument. It's just one of those life-truths. In fact, I hear Irish drinking songs every time I open a...
The big chill
Multihousing brokers are certainly feeling the pinch. During a panel discussion at the Apartments 2008 conference in Los Angeles, hosted by Real Estate Southern California and GlobeSt.com on October 2, brokers from CB Richard...
That which defines us
I can, in no way, trivialize what's happening in the financial markets or certain segments of our economy, but it is all relative. And while "It's all relative" does not make as good a...
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,...
Truth and consequences
"America did not tell the millions of men and women who came from every country in the world and who -- with their hands, their intelligence and their heart -- built the greatest nation...
The envelope please.
The dynamic, edgy look with lots of steel and glass, concrete and brick, variations of color and texture and dramatic features like bays of different depths, overhangs, staggered roof lines and building heights and...