Shock to the system
Rising costs shock affordable housing developers followed by high interest rates and volatile construction costs.
Developers are dizzy from volatile construction costs and rising interest rates.
These costs shocked developers struggling to finance plans to...
NAHB: reduced rent control means more housing
A recently completed study from NAHB found that—even after accounting for employment growth, density, rent growth and local place-specific factors—the supply of housing grew faster when rent-control restrictions were loosened in California’s rent-controlled cities.
The...
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...
HUD gets a haircut
In line with President Barack Obama's directive to cut the deficit by $400 billion over the next decade, HUD's budget creates no new programs and proposes additional funding only for programs that assist the...
Trailblazer: Laurie Lustig-Bower
Laurie Lustig-Bower is a driven woman. As a teenager, she submitted 57,000 entry forms to win a horse at a national competition. It took a year to create the submissions, tireless hours working with...
Power play
The 2016 election upended Capitol Hill. Leading up to November 8, the presiding view was that Democrats stood a strong chance of taking the Senate while the House was expected to remain Republican, but...
First, do no harm
“There was a conversation about how we need to do something proactive with the idea of mobilizing our grassroots network to get them involved in the process,” said NAA President and CEO Robert Pinnegar...
Artful amenities
While dog parks, pool decks, community-wide WiFi, granite countertops, bike storage and repair areas and package delivery centers are becoming commonplace, apartment and condominium developers are challenged to add ever more innovative amenities to...
The fable of the bees
The fable of bees (or private vices, public benefits) was written in 1714 by Bernard Mandeville, who is today considered one of the first purveyors of economic theory. At the time of his writing...
Risky business
The digital world has created a paradigm shift for the apartment industry, allowing resident-facing tasks like property tours and unit inspections, lease signings and rent payments to be handled virtually via mobile apps and...
Preventing a looming crisis
Missed rent payments are stacking up across the country, threatening an unthinkable crisis when eviction moratoriums currently in place expire. To make matters worse, many renters are accumulating massive late fees that compound their...
Student housing gets an A
Commercial real estate investors are increasingly keeping their wallets in their pockets, waiting to see where interest rates will go, for prices to come down and for more properties to come on the market....
You don’t always get what you want
Reilly’s building, the Windermere West End, a luxury rental, is one of several in the city that prohibit rent-regulated tenants from using new services like gyms, playrooms and rooftop gardens. Some co-op and condo...
One is the loneliest number
Research shows it’s terrible for our health; it diminishes cognitive performance and the immune system, increases the risk of heart disease and dementia and hastens early death. And the psychological effects are just as...
The kind of guys you’d want to work for. Says you.
Martin Luther King Jr. once said that “a genuine leader is not a searcher for consensus but a molder of consensus.” That is certainly the case of the 100 leaders of large companies around...
