Airing on the side of efficiency
Changes are coming in January that will impact multifamily developers and owners looking to install or upgrade their HVAC systems. Every six years, the Department of Energy (DOE) re-analyzes the effects of energy usage,...
The most valued asset
The 2021 movie Old by M. Night Shyamalan is based on the French-Swiss graphic novel, Sandcastle, by Pierre Oscar Levy and Frederik Peeters.
Its main theme centers on man’s relationship with time. Man’s tendency is...
In the money
Apartment investors are taking out more loans than ever. In 2021, they rushed to get loans to buy new apartment properties and refinance the debt on existing properties.
Investors spent more to buy apartment properties...
Is rent control inevitable?
In 1905, the philosopher George Santayana famously said, “Those who forget the past are condemned to repeat it.”
Maybe that explains why some people are so nostalgic and want to repeat the time a half-century...
Redfin adds rental listings
Redfin has entered the internet leasing service (ILS) space by expanding its platform to include rental listings.
Launched in 2004, Redfin began as a full-service online real estate brokerage firm based in Seattle. David Eraker,...
Making a big move
Nearly two years into the remote work revolution, it’s easy to feel that a lifetime has passed. However, the reality is we are just at the beginning of seeing the impact of remote work....
Costs rising for renters
Rents just hit another all-time high—and that means Americans are spending even more of their paychecks on housing.
According to Realtor.com, the U.S. median rental price hit a new high of $1,792 in February. Soaring...
Another great moment in history: NAHB Multifamily Pillar’s awards
It doesn’t get bigger than this. The National Association of Home Builders, one of the largest and most influential trade associations in the country, has grown alongside the nation and its housing providers for...
Return of Waters
At the urging of NAHB and other business groups, the U.S. Supreme Court has agreed to hear a challenge to the Clean Water Act that would clarify an earlier ruling from the nation’s highest...
Materials scarce. Prices high.
As the construction industry struggles under the burden of material cost increases, supply chain disruptions and labor shortages, demand for single and multifamily homes remains strong. A confluence of conflicting trends that intensified during...
Former WeWork CEO jumps into apartments
The apartment siren has snagged another.
Companies tied to Adam Neumann have acquired majority stakes in over 4,000 apartments valued at more than $1 billion in total, reports The Wall Street Journal.
Neumann gained notoriety in...
The ESA problem
In 2017, Marlin Jackson boarded a cross-country flight. When he got to his row, another passenger was already in the middle seat with an emotional support dog in his lap.
According to Jackson’s attorney, “The...
A visionary’s life
The architectural community lost a giant of the industry when Mark Humphreys died last month. The founder of the nation’s largest multifamily-focused architectural firm died on January 3. He was 67.
Humphreys was a visionary...
Corporate greed isn’t driving inflation
Inflation has reached its highest level in nearly 40 years, and everyone is looking for answers. Before fiscal and monetary authorities can muster a policy response, we need to understand what is causing inflation....
Digital evolution 2.0
The global response to the coronavirus disrupted economies worldwide, destroyed livelihoods and many small companies, and negatively impacted larger ones. It also compelled new demands from businesses and provided a unique opportunity for multifamily...
