Apartment industry responds to President Obama’s real estate owned initiative
We are pleased to see the Administration explicitly recognizing the importance of rental housing in meeting our nation's housing needs through the Real-Estate Owned (REO) Initiative announced February 1.
We will be analyzing the President's...
Shores: A love story
The love story began in 1955, when Epstein was first approached by then Los Angeles County Supervisor Burton Chase to assist in the planning for the creation of Marina del Rey, soon to become...
Tidings of great joy and rich complexity
Try as we may, we can not simplify this complexity into an app, a box or other metric container, wrapped in our intentions. We will alway yearn for inspiration, crave beauty and seek wisdom.
Here's...
A credit score that tracks rent payments
The new report also includes any property tax liens and whether you've fallen behind on your homeowner's association dues. It may reflect that you now owe more than your house is worth or if...
Apartment construction surges
The number of permits to build apartments jumped to a three-year high in October. In 12 months, they've surged 63 percent.
Blame the housing bust, which left many people without the means, the credit or...
Business analytics seeing huge demand, outpacing talent
A survey out the first of December, by the EMC Corporation, is showing that nearly one-third of companies across the globe are able to use new data to aid in business decisions and reveal...
CBRE Econometric Advisors forecasts 5.5 percent vacancy
The multihousing vacancy rate in 2011 isprojected to be 5.5 percent (on an annualized basis), down 60 basis points (bps) from a year ago and 190 bps from its 2009 peak.
"Apartment demand is benefiting...
Despite housing glut, REITs prosper
On a year-over-year basis, AvalonBay Communities saw FFO per share growth in Q3 of more than 19 percent, the highest growth rate in six years for the multifamily REIT that, as of the end...
Drinking through a firehose: has data mining gone too far?
"Even traditional companies have discovered they can generate totally new lines of business by collecting and using their customers' information," says Andrea Matwyshyn, professor of legal studies and business ethics at Wharton. From grocers...
Equity Residential to take stake in Archstone
The stake would be about half of the ownership held by the two banks and sets the clock ticking for the remaining owner, Lehman Brothers, to match it.
"A 26.5 percent stake gives us a...
Gratitude as a business strategy
There's nothing wrong with expecting excellence, and taking steps to get it. The problem is, we tend to take excellence—and thoughtfulness, and kindness, and joyfulness—for granted.
When things go as we expect, we don't even...
I don’t understand what anyone is saying anymore
Abstractionitis
We have forgotten how to use the real names of real things. Like doorknobs. Instead, people talk about the idea of doorknobs, without actually using the word "doorknob." So a new idea for a...
I spy with my little iPhone
Until the recent uproar over the discovery of Carrier IQ's analytics software running on a variety of mobile devices, including Apple iPhones and Google Android phones, however, most consumers failed to recognize that they...
Know when house rules violate lease
Q: As a property manager, I am under contract with an owner to advertise and show his single-family rental. I recently chose new tenants and signed the lease. Since then, the owner has sent...
Lehman seeks financing for Archstone counterbid
Lehman, which owns 47 percent of Archstone, is in discussions with investors including Blackstone Group LP and Brookfield Asset Management Inc. to arrange financing, said the person, who asked not to be named because...
