The July August 2009 issue of Yield PRO magazine
Tag: July August 2009
Conservative pace wins the race
"Simple and boring is the new exciting," BMO Capital Markets analyst Rich Anderson wrote in a June report on the middle-market REIT that online...
What do you believe?
I found the chirping crickets a curious sound effect after Carvey gushingly asked, "how about that President Obama?" I'm thinking the audience probably just...
Social networking
Social networking has long been part of civilization's landscape. While it's taken various forms in recent times, we've all navigated to restaurants or other retail...
Congressional power grab for multihousing
Rep. Nydia Velazquez (D-NY) attached an amendment that would allow the federal government to prematurely force apartment properties into bankruptcy and then sell them...
Capitol reform
"On the brighter side, the Washington, D.C., metropolitan area is performing ahead of expectations. The area has the lowest unemployment rate and the most...
Follow the money
"We have a slogan around here as it relates to cash flow. We say, 'Cash is not king. Cash is the dictator in this...
Building community
By feeding its hungry, honoring its heroes, beautifying its landscape, supporting local artists and offering discounts to those who teach the children and keep...
New world market
He named Rick Graf as successor president of the company last July, re-centering Pinnacle's operations in Dallas, where he believes access to industry talent...
Hand spun capital: tax credit alternatives
One conventional source is a ground lease, which offers developers long-term possession of a site without the up-front costs associated with purchase. Abode Communities...
Bootstrap financing
Some, like Maine's recently enacted state historic tax credit program, are new facilities. Others, like U.S. Department of Agriculture Rural Development's (RD) Multi-family Housing...
The big picture
"Multifamily has become commoditized," says Hiro Isogai, principal of WDG Interior Architecture of Washington, D.C. "Market pressures have caused developers and designers to make...
No more green hyperbole
"In the U.S., buildings consume 65 percent of the electricity and create 30 percent of the greenhouse gasses," said Jed Lowry, director of capital...
Who is killing America’s millionaires?
Now those with the most assets and income have the most to lose. Add together the declining markets, an imploding finance sector, a real...