The May June 2013 issue of Yield PRO magazine
Tag: May June 2013
Making hay while the sun shines
"The economy appears to be on a path of sustainable growth. U.S. businesses have healthy balance sheets and plenty of liquidity-consumer debt has declined...
Lean into it
American optimism lives, though scuffed. The latest Gallup Poll shows an uptick in the Economic Confidence Index, after a six-week "morose." Pundits caution that...
Apartment mortgages late but improving
The delinquency rate for mortgage loans on residential properties increased to a seasonally adjusted rate of 7.25 percent in 2013 Q1, an increase of...
Big deal in the Big Apple
The city has taken its first step toward what may be a wave of new development on Halletts Point peninsula, a long-neglected area south...
Hitting the brakes
Hundreds of thousands of units are on the verge of being complete, prices in the housing market are improving and the economy is doing...
Buffet pivots
The commercial mortgage originator and servicer plans to expand its financing of offices, retail properties and hotels, said Hugh Frater, Berkadia's CEO. The bulk...
When something’s just not right
The problem these developers face is another type of shortage; finding qualified manpower. Like many of those in the trades, construction managers and designers...
Alliance fires it up
The company's fee management business is keeping pace with its development growth, closing out 2012 at 58,000 units. "Today we are at 68,000 units, so...
Service and comfort animals-must landlords accommodate?
A no pet policy prohibits tenants from keeping pets of any kind in their apartments. However, owners and management companies have certain legal obligations...
Industry leaders discuss the path to housing recovery
However, for a sustained recovery, housing supply must increase with both new construction and regulatory reforms that could bring to market homes that are...
A smaller, gentler HUD
The changes, which include consolidating multifamily hubs nationwide and closing 16 smaller offices, affect approximately 900 of the Departments' 9,000 employees. While implementation will begin...
Consumer credit growth decelerates in March
The consumer credit reading includes most short and intermediate-term credit extended to individuals. It does not include loans secured by real estate, so mortgages...
7 fun facts about corporate taxes
On the assumption that, while this story will wax and wane over the coming months, it's not going away, here's some context (for you...
The 11,250 NYC apartments we love to hate
Many Stuy Town tenants are getting hit with big rent increases in the middle of their leases. Even after years of litigation, shell-shocked tenants...
Is infill tapped out?
The coming-of-age of Echo Boomers, combined with disillusionment with home ownership, caused a good chunk of the population to flee to rentals. Added to...