December 2008 Table of Contents

The Opportunist The Opportunist

When the founder of a private apartment firm needs a new face at the top to help push growth, he or she has two options—turn to competitors and pick off young talent or promote from within. Lawrence R. Gottesdiener took a different approach. The founder and chairman of Newton, Mass.-based Northland Investment Corp., turned to … his lawyer? Read more

Stock CEO: We Look To Show Profit by June 2010 Stock CEO: We Look To Show Profit by June 2010

Stock Building Supply expects to turn an operating profit in the fiscal year that ends next June, capping 12 months as a reorganized, slimmed-down, post-Chapter 11 operation, Stock's president and CEO told ProSales in an interview. Read more

Stat To Watch Smooth Operators

Apartment firms boost operating income despite losing potential revenues. Read more

Money to Lend Money to Lend

Bank consolidation will likely not impact the health of agency-led multifamily debt markets. Read more

After the Storm After the Storm

Multifamily industry rebuilds, re-evaluates in wake of 2008 hurricanes. Read more

News Bites: December 2008

The National Apartment Association Educational Institute and the National Affordable Housing Management Association have joined forces to launch the Green Credential for Property Management (GCPM), a designation for on-site managers, maintenance personnel, and staff supervisors. Read more

Retrench, Regroup Retrench, Regroup

REITs prepare for a rough 2009. Read more

City By the Bay City By the Bay

As global capital markets continue to destabilize, San Francisco multifamily properties remain one of the safest bets in the country for investors. Read more

Hooking Up Hooking Up

Can the laundry room make a comeback as a socially activated common area Read more

Ride to the Top Ride to the Top

At Silo Point, residents find luxury living in a former grain elevator. Read more

A New Front Porch A New Front Porch

Phoenix, Ariz.-based JAG Development adopted a design style popular in Amsterdam to bring a sense of community and efficiency to its newly completed Portland 38 project. Read more

Saving Paper Saving Paper

Owners with cash in the bank target distressed debt, despite the heavy risk they carry. Read more

Off-Road Scholars Off-Road Scholars

For Dina Urbansky, a development specialist at Cleveland-based Forest City Enterprises, RealPage's OneSite property management system is crucial for her job. The system helps the company track occupancies, leases, and rent payments for the 35,000 apartments it owns or manages in 20 states, and Urbansky trains property managers to better understand the system. Read more

Kiss Carpet Goodbye Kiss Carpet Goodbye

Multifamily properties look great—and save big—with faux wood flooring. Read more

Landmarks: Admiral Apartments Landmarks: Admiral Apartments

Admiral Apartments represents an early 20th century style of apartment buildings that had its predominance in downtown and the immediate west side of Portland. Read more

What A Difference A Year Makes. Rough Waters What A Difference A Year Makes.

Multifamily operators prepare to navigate a sea of uncertainties in 2009. Read more

Two Top Multifamily Developers Halt Work

In the past week, two of the Top 20 builders on Multifamily Executive's list of Top 50 Builders in the country have announced that they will curtail future development operations. Read more

Close X