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...
Days of change
From rent control to principal forbearance to mounting regulation to healthcare, our world is evolving at a rapid clip. It is the best of times.
It is the worst of times. If you are underemployed,...
Time is not on the side of the unemployed
In recent months, employers have stepped up hiring, layoffs have slowed and the unemployment rate has begun to fall more quickly. But the rosier picture hasn't been a boon to everyone without a job....
Apartment lobby taking 2012 policy agenda to Congress
As the National Apartment Association and the National Multi Housing Council convene on Capitol Hill, they'll be wielding their agenda for the new year and warning legislators to keep the multifamily sector in mind...
Deutsche avoids Dodd-Frank rule
The bank on Feb. 1 reorganized its U.S. subsidiary, known as Taunus Corp., so that it is no longer classified as a "bank-holding company," according to disclosures by the bank and on the U.S....
Apartment loans by agencies creating bubble
Multifamily loans issued by government-sponsored agencies Fannie Mae and Freddie Mac are buoying the price of apartment buildings to the point that buyers may not be able to refinance once interest rates rise, according...
Bank of America faces hurdles in rentals
To help struggling homeowners, Bank of America recently launched a test initiative that will give some a chance to rent the very homes they risk losing. The Charlotte, N.C.-based bank began sending letters accompanied...
The long view on unemployment
In an interview with ABC News, Bernanke said in March that he is sleeping better these days because the U.S. financial system looks stronger, and threats from Europe's debt crisis look less worrisome. He...
Want to improve customer service? Treat your employees better.
On the one hand, moments of tear-your-hair-out frustration are commonplace—from shopping in stores where sales associates are nowhere to be found, to dealing with salespeople unable to help locate a sought-after item, to encountering...
Where magic is made
As the leasing and marketing manager of the 734-unit Crestview Apartment Homes located in metropolitan Atlanta, daily, I often consider Borden's four Ps of marketing: product, price, place, and promotion.
Interestingly, there are yet new...
Stressed out! How to navigate one or more life-changing events
After undergoing a mastectomy and chemotherapy, and relieved to be cancerfree, she received another devastating blow: losing her job as managing director of a Wall Street firm, as well as the insurance that came...
Work related stress in America
But there are ways to reduce its impact on human lives and companies' bottom line, even though stress is a daunting, pervasive problem, experts say. A recent survey of 2,500 employees by ComPsych, a...
An eye for detail
Manhole covers have to be one of the most generic, standardized building products one can buy. I suspect that it is a highly competitive market, probably relatively regional, that achieves low cost because almost...
Turning off, tuning out
Welcome to the new world of work, where 5:30 p.m. is far from the end of the day. It is a world in which smartphones and laptop computers—devices that ostensibly enable us to work...