Tuesday, December 17, 2024

Property management

Professionally managed apartments report lower vacancies than the broader market

Professionally managed apartments report lower vacancies than the broader market, according to data from RealPage and the U.S. Census Bureau. Since 2010, the professionally managed segment of the multifamily industry has averaged five...
With the rhetoric around “return-to-office” finally behind us, it’s clear that 2024 will be another watershed year in which how we engage with work environments is redefined again. As CEO of a leading proptech company, I connect with C-level executives and workplace experts daily, discussing the forces that will continue to reshape the world of work in 2024.

Seven trends reshaping the workplace

Where and how we work has changed a lot in the past several years. Collectively, we’ve experienced some of the most significant and far-reaching changes in the world of work since the Industrial Revolution. Zoom...
Market demand sets stage for few rent hikes

Market demand sets stage for few rent hikes

While asking rents for new leases nationally are running nearly flat over the past 12 months, those figures are heavily influenced by the Sunbelt, where record-high supply has turned rent growth negative in some...
There’s no doubt that we are more distracted than ever in our age of screens. Everything from the latest news on social media to our favorite movie to online shopping is only a few clicks away.

Creating habits in an age of distraction

There’s no doubt that we are more distracted than ever in our age of screens. Everything from the latest news on social media to our favorite movie to online shopping is only a few...
Why Johnny can’t build

Why Johnny can’t build

We were once a nation of builders—from the toll roads and canals of the early nineteenth century and the railroads of the second half of that busy century, to the construction of power, energy,...
One of the pivotal court decisions behind the expansion of the administrative state was the 1984 ruling in Chevron v. Natural Resources Defense Council.

Lawyers take big government to the Supreme Court

“We all get to vote, but the ability to make legislation is no longer in the hands of the people we elect,” Columbia law professor Philip Hamburger said. As the administrative state implements more regulations...
Gables 12 Twenty One in the Rosslyn submarket of Arlington, Virginia

Bozzuto acquires Gables property

Over the last decade and a half, it has made much more sense for Bozzuto to build rather than buy apartments. However, as it has become harder to pencil out new projects, the Greenbelt,...
The $10 billion fund from Starwood Capital Group has been trying to preserve its available cash and credit by limiting investor redemptions. In the first quarter, the fund was hit with $1.3 billion in withdrawal requests but satisfied less than $500 million of them, according to regulatory filings.

The incredible disappearing Starwood CRE investor

The $10 billion fund from Starwood Capital Group has been trying to preserve its available cash and credit by limiting investor redemptions. In the first quarter, the fund was hit with $1.3 billion in...
Rent control still the wrong solution to housing woes

Rent control still the wrong solution to housing woes

Restricting the price of housing kills incentives to supply places to live. Rent control is having something of a moment: In Los Angeles, tenants are invoking a law that imposes limits on apartments built on...
Plaintiffs argue that the Department of Energy has no legal authority to impose its own water use limits on energy-consuming home appliances.

Rules that make dishwashers, wash machines perform worse also illegal

Plaintiffs argue that the Department of Energy has no legal authority to impose its own water use limits on energy-consuming home appliances. The federal regulations that make dishwashers and washing machines worse are also illegal....
Interest rates slow apartment development

INFOGRAPHIC: Interest rates slow apartment development

Rising interest rates, tighter lending and flattening rents in parts of the country have left property companies from California to Florida waiting for financing that may not come soon. +500 days (up 45% from 2019)...

INFOGRAPHIC: Appliance payoff models explode

^58 percent increase in requested quotes to thousands of appliance repair businesses y/y (2022-2023) ^43 percent increase in appliance spend in 2023 compared to 2013—rising from $390 to $558 over the decade Why? 1987. Home appliances...
National rent control didn’t pan out, so in order to crack down on “big landlords who break antitrust laws by price-fixing and driving up rents,” the Biden administration’s latest scheme is to enlist the U.S. Department of Justice and Federal Trade Commission as antitrust enforcers. Such irony would be funny if this didn’t undermine the homes that the nation so desperately needs.

Monopolies, elections and power, oh my

Technology is engineered toward empowering individuals, not government. Therein lies the problem. From the Gutenberg press to automobiles to a networked world enabling people to work remotely, history’s greatest innovations—in some way great or small—liberate...
With its high turnover rate and steady demand, the student housing market remains a lucrative niche within the real estate industry.

7 student housing property management strategies

With its high turnover rate and steady demand, the student housing market remains a lucrative niche within the real estate industry. Student housing properties come in various on and off-campus forms, including dormitories, apartments, and...
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