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For as long as Scott A. Chaplan can remember, South Central Los Angeles has been the land of broken promises.
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As you read this, history is being made. The joint venture of New York City private equity firms Tishman Speyer Properties and Lehman Bros. Holdings is about to seal the deal on its $22.2 billion acquisition of Denver, Colo.-based Archstone-Smith Trust, the titanic multifamily apartment real estate...
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When Essex Property Trust, a Palo Alto, Calif.-based REIT, went public in 1994, it brought a distinct operating philosophy to the multifamily universe: to acquire, develop, and own apartment communities in high-barrier, supply-constricted markets. At the time, Avalon Properties (now AvalonBay...
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Apartment owners and managers are adding wheelbarrows and shears to their amenity toolbox. According to the American Community Gardening Association, there are at least 18,000 community gardens throughout the United States and Canada. And more and more of them are in apartment communities.
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Avenue, a 36-story multifamily housing project in the Fourth Ward of Charlotte, N.C., has to please the living and fit in with the dead. Developer Novare Group and general contractor R. J. Griffin & Co., both in Atlanta, partnered with Charlotte-based architects Smallwood, Reynolds, Stewart...
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As a vice president at Fairfield Residential in Bethesda, Md., Phil Pitney was used to the East Coast pace. This spring, that pace quickened a bit more for Pitney, who was named president of Lane Strategic Investment, a division of Atlanta-based Lane Co. that is expected to swell its acquisitions...
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Blending into its Sacramento neighborhood was always the goal for North Avenue Apartments, an 80-unit affordable housing project. Accomplishing that feat took some design creativity.
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It's lease renewal time, and if the departure of Brad the Broker in Unit 134 is taking your leasing agent and property manager by surprise, your company is already losing money.
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When it comes to multifamily living, more and more residents are interested in outdoor living space—patios, balconies, and terraces that bring light into their homes and allow them to enjoy nature.
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A picture is worth a thousand words—or better yet, a thousand dollars. To help buyers visualize the sweeping views from their future condos, the Atlanta-based Novare Group photographs the views from various building heights and showcases these images throughout sales centers, model units, project...