January 2007 Table of Contents

(Hyper) Active Adult Projects Multifamily Calfornia (Hyper) Active Adult Projects

Burbank, Calif. - This winter, Suzanne Knode will get to watch her own short film, “Bandida,” on Showtime’s “This American Life.” The 69-year-old, who had never made movies before, wrote and produced her eight-minute film about an old woman who robs a convenience store through one of the activities at the “active-adult” housing project for seniors aged 55 and older where she lives. Read more

A New Deal for Housing? A New Deal for Housing?

With Democrats taking control of the U.S. Congress and the long run-up to the 2008 presidential election about to begin, this is a great time for apartment owners and developers to re-examine their business plans with an eye toward Washington, D.C., and federal housing policy. Read more

Builders Lean Toward‘Fixed-Forwards’

Multifamily developers entered the holiday season atop the wish lists of many income-property construction lenders. But as commercial banks and other lenders enter the new year facing an “inverted yield curve” requiring higher interest rates on short-term adjustable debt than fixed-rate loans, they’ve generally been forced to reduce the rate spreads they can charge on floating construction loans. Read more

Big Lenders Lured by Small Markets

Perhaps contrary to the conventional wisdom, most of the major multi-market apartment lenders will actively look to place plenty of debt in secondary and tertiary markets in 2007. Read more

FHA to Focus on Seniors in 2007

While its overall mortgage volume dipped in 2006, the Federal Housing Administration (FHA) is working on improving several key seniors-focused programs in 2007. Read more

The Bidding Crowd

Apartment owners and investors can look forward to another strong year in 2007, as rental rates are expected to continue climbing even after posting their biggest gains in five years. Read more

Steady As She Goes Steady As She Goes

Executive of the Year Susan M. Ansel has managed to help Gables Residential navigate the storm. Read more

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