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As rents continue to fluctuate from quarter to quarter, property managers are working hard to keep NOI at its maximum level.
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Annual billionaires' list shows that even the wealthiest are getting poorer.
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Apartment firms boost operating income despite losing potential revenues.
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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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If a penny saved is a penny earned, then Berkshire Property Advisors has earned many pennies indeed. At every stage of a property investment and every level of the company, Berkshire searches for the “alpha,” the seemingly small factors in acquisitions, renovations, and management that add up to...
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Dave Woodward of Laramar Communities chose to accept a mission that some think is impossible: He's in the early stages of switching to a commission-based pay structure for the company's leasing agents. The mission will be a dangerous one, full of daunting unknowns, twists and turns at every corner...
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After a tough 2004, multifamily REITs landed at the top of their game last year. Just ask Ric Campo, CEO and chairman of the board of Camden Property Trust. "2005 was an awesome year for our company and for REITs," he says. "2005 was clearly the year that REITs turned the corner from an operational...
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High home prices in hot markets like Southern California and Washington, D.C., are destroying the dreams of many wannabe homebuyers. But some apartment owners are reveling in these sky-high price tags, which help fuel business for the rental market.