Demand drives pricing
The U.S. multifamily sector remains an attractive option for real estate investors looking for a safe haven. Beyond the pool of traditional buyers who are actively acquiring apartment properties, the sector has become a...
The value of a road
A growing movement of local governments and communities across the United States is beginning to grapple with an unfortunate realization: The highway boom of the 1950s and ‘60s produced a massive amount of infrastructure...
CDC extends eviction moratorium—again
Dr. Rochelle Walensky, the Director of the Centers for Disease Control (CDC), has extended the agency’s eviction moratorium for renters until July 31, 2021. The agency says that this extension is intended to be...
How many will work remotely post-pandemic?
For all we know about our current housing market, the sources of demand, the supply headwinds and the changing financing landscape, one key variable has been unclear to us since the pandemic began: just...
Property rights versus labor unions in the Supreme Court
As the Supreme Court’s recent Obamacare case illustrates, the justices no longer enforce most of the Constitution’s limits on the federal government. But a new property rights decision demonstrates how they are super-enforcing the...
Fighting the CDC eviction ban
In the midst of the COVID pandemic, the Centers for Disease Control (CDC) took the unprecedented step of banning evictions nation-wide, characterizing the action as a public health measure.
The action spawned lawsuits across the...
Facts don’t care
I was raised in a multi-generational family business. There I learned classic principles of market economics long before I learned what it was called. It was a great Midwestern foundation because certain universal principles...
Builders gonna build
The global pandemic didn’t stop developers from planning new apartments projects—often in smaller, quickly growing metro areas. The boom in apartment construction that began around 2015 barely slowed down in 2020, despite a global...
Biden reinstitutes Obama policies
Long before coronavirus and lockdowns, millions of U.S. households suffered from a shortage of housing that pushed rents higher and outpaced wage growth.
Now the U.S. is beginning to recover from the pandemic and ensuing...
Planning a post-pandemic renovation
As a commercial interiors firm, a question we hear a lot recently is “Are multifamily developers renovating amenities because of the pandemic?” The answer is a bit more nuanced than a straight “yes” or...
Small businesses, larger corporations drift apart
Apartments are small business
There are 30,748,033 small business in the U.S. according to the Small Business Association. Small businesses are defined as less than 500 employees. Ninety-nine percent of U.S. businesses are small businesses...
How deregulating real estate markets can solve America’s shortage of affordable housing
The deregulation of real estate markets doesn’t just make economic sense. It is also a moral imperative.
In the early twentieth century, known as the “progressive era,” the United States embarked on a spree of...
Excellence in multifamily housing
The National Association of Home Builders (NAHB) has sponsored the Pillars of the Industry awards for more than 20 years.
The awards recognize excellence in all areas of multifamily home design, development, building, management and...
The heart of a multifamily housing professional
And the winner is
I love that line. It’s that time of year when we recognize the best in class within our great industry. NAHB’s coveted Pillars of the Industry winners are in and, man,...
The new energy agenda
Fighting climate change is at the forefront of President Joseph Biden’s $2 trillion renewable energy plan. While legislation will be required to fully implement the plan, he is expected to begin with a whirlwind...
