MultifamilyExecutive: Remodeling

MFE Top 50 Preview: The Top 10 Renovators of 2012

Thu, 18 Apr 2013 10:14:32 EST

With the economy picking back up, renovators are shaking off the cobwebs and diving back into upgrading units, as renters are willing to pay more for something shiny and new.

Home Properties Does Total Rehab

Wed, 10 Apr 2013 01:18:28 EST

The Rochester, N.Y.ñbased company uncovers value by repositioning older, run-down assets into New Workforce communities.

Turning Ugly Into Beautiful

Wed, 10 Apr 2013 10:44:10 EST

From rehabbing Class C properties into Class A assets to withstanding union protests, multifamily developers have a knack for seeing the upside in the unattractive.

Transformed Community

Wed, 17 Oct 2012 12:54:04 EST

A dedicated developer digs in for the long haul to help spur success in a blighted, crime-ridden Houston neighborhood.

Cool Grad-School Housing

Wed, 17 Apr 2013 11:22:09 EST

The Continuum houses University of Florida grad students in an atypical complex that incorporates a repurposed historic church, retail space, and multiple modern amenities.

Mill Makeover

Thu, 12 Jan 2012 12:52:14 EST

The redevelopment of a 1906 woolen mill into 204 rental units breathes new life into a downtrodden Boston-area city.

Property Improvements, Value-Add Likely to Increase Significantly in 2012-2013

Thu, 22 Dec 2011 11:41:05 EST

After several years of minimal investment in cap-ex spending and property renovations, multifamily apartment operators and property managers are beginning en masse to pull the trigger on property improvements, with major value-add investments likely to also increase significantly in 2012 and 2013.

Inside the Shadow Market: Q&A with Mack Cos. CEO James McClelland

Thu, 22 Dec 2011 11:39:38 EST

Mack Cos. CEO James McClelland stopped by Multifamily Executive this week to share his thoughts on shadow market rentals and single-family property management, which might not be as different from traditional apartment operations as you might think.

Apartment Owners Find Cost-Effective Condenser Solution

Thu, 22 Dec 2011 11:35:46 EST

For a long time, apartment owners have been wary of the effects of a U.S. Environmental Protection Agency decision that would phase out R-22 condensers and replace them with R-410A condensers, which are more environmentally friendly.

Fannie Ramps Up Mod Rehab for Affordable Housing

Thu, 19 May 2011 05:52:37 EST

As the agencies eye an increasing opportunity in the preservation space, Fannie Mae has grown more creative in its Mod Rehab program for affordable housing transactions.

Greystar Rises to Number One

Thu, 22 Dec 2011 11:35:07 EST

Greystar Rises to Number One

The Bascom Company Looks to Operational Value-Add in Rent Lagging B and C apartment sectors.

Thu, 22 Dec 2011 11:34:08 EST

The Bascom Company is augmenting its traditional renovation strategy to target assets with severe occupancy and rent distress in order to bring back units, meet market rent fundamentals, and extract maximum NOI to improve asset values.

JRK Birchmont Advisors Sets Out to Redefine Multifamily Value-Add

Tue, 27 Dec 2011 05:22:30 EST

JRK Birchmont Advisors Sets Out to Redefine Multifamily Value-Add

Remodeling Spending Heads Into Upswing, Per Latest LIRA

Wed, 21 Apr 2010 01:44:01 EST

For the first time since 2006, home improvement spending is on the upswing. Annual growth will be nearly five percent in 2010, and all signs suggest that the positive trend will continue in 2011, according to the latest Leading Indicator of Remodeling Activity (LIRA), released today by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

The Solomon Organization Focuses on Middle Markets

Tue, 27 Dec 2011 05:17:51 EST

The Summit, N.J.-based Solomon Organization expands into multifamily middle markets.

Lasco Bathware and Aquatic Whirlpools Announce Merger

Wed, 31 Mar 2010 03:40:05 EST

New company, called Aquatic, announces merger at IBS 2010, introduces new accessible bathtub.

Mid-America's Rehab Program Lures Back Residents

Mon, 10 Aug 2009 03:36:33 EST

To entice renters, the Memphis, Tenn.-based REIT isn’t offering a few dollars off the rent or throwing in a DVD player upon renewal; it’s offering an upgraded unit.

Rehab Renewals: Mid-America's New Program Lures Back Residents

Sun, 12 Jul 2009 12:47:59 EST

When residents come into certain leasing offices for Mid-America Apartment Communities, they're not always sold on renewing their lease. To entice them, the Memphis, Tenn.-based REIT isn’t offering a few dollars off the rent or throwing in a DVD player upon renewal; its offering an upgraded unit.

Networkers' Super Data Pipelines Ease Bandwidth Demand

Wed, 15 Jul 2009 03:36:30 EST

From Facebooking Gen Yers to aging-in-place Boomers who want to video chat with their grandchildren, the broadband hunger among residents seems insatiable. Whether existing infrastructure is sizable enough to handle the data stream is up for debate, but fiber-optic network installers, including Cary, N.C.-based Connexion Technologies, are eager to get their systems—which they promise will ease the exaflood crisis—into multifamily buildings across the country.

Green Building Should Focus on Existing, Not New, Multifamily Stock

Wed, 10 Jun 2009 06:39:15 EST

Every multifamily real estate owner is tripping over themselves in a mad rush to get the latest green features, while existing stock is being largely ignored.