Compensation

Compensation

• PropertyBridge, On-Site Partner to Launch Online Leasing and Payment Solution

  Payment services provider PropertyBridge has partnered with online leasing On-Site.com to release an online leasing solution.

   

• Apartment Operators Boost Operating Income With Ancillary-Revenue Programs

  Fee-based revenue programs and negotiated service agreements provide multifamily apartment operators with substantial revenue streams to complement rent growth.

   

• UDR Closes $455.1 Million in Acquisitions, Prices Stock Offering

  Highlands Ranch, Colo.-based UDR is offering 16 million shares of its common stock priced at $20.35 per share to generate proceeds of approximately $312.1 million (and possibly up to $359.0 million), the multifamily REIT announced today. Proceeds from the sale will be used to pay down debt as well...

   

• REIT CEO Pay Falls by 39%

  Declining stock valuations and slashed bonuses has caused the value of CEOs' equity holdings to be cut in half.

   

• Pay Daze

  Multifamily employees get lower-than-budgeted salary increases in 2008.

   

• Pay Days

   

• Pay Day

  REIT CEO pay reflects market volatility, disparity between stock price and corporate performance.

   

• Human Resources: NMHC Compensation Survey

  Negotiations be darned: When you look at the bottom line, it's almost impossible to put a fair price on reliability and human results in the workforce. But recruiting, retaining, and rewarding top talent at all levels of an organization is crucial to ensuring its long-term success—and even moderate...

   

• Big Benefits

  Lenders for The Mitchell Co. often pull president and CEO John Saint aside and lecture him. Why? Because he's too generous with his employees.

   

• Executive Level

  If you are in the apartment industry, chances are that, whatever your job, you saw less of a merit raise this year, according to the National Multi Housing Council's seventh annual National Apartment Survey of Compensation and Benefits Practices released earlier this fall.