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Out of the boardroom, executives take to sports.
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What surfing taught Scot Sellers about leadership.
Top exec finds new private planes more cost-effective, better for the environment.
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Retirement? What's that? Multifamily executives just can't leave the business.
Multifamily psychologist and executive coach Ron "Dr. Ron" Beasley reveals the lack of archetypes behind industry leadership.
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SO THE EXECUTIVE VICE PRESIDENT has left to start a solo venture, and you think you're a shoo-in for promotion. Your track record is exemplary; your institutional acumen is sharp; and your knowledge of projects under construction, under management, and in the pipeline is second to none. Then why...
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MBA programs are opting for core skills training, on-the-job experience, and entrepreneurial-focused curricula.
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A greenhorn president puts his multifamily real estate team to the test.
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Starting at the bottom can provide a better perspective from the top.
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Successful managers leverage training, education, and empowerment— matched with accountability—to unlock the leadership potential within their staffs.
A Gallup poll reveals that Americans prefer a tested leader to an inspiring one.
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A cancer survivor shares lessons from the heart.
The Virginia Tech professor who died saving his students is named "Most Inspiring Person of the Year."
In need of inspiration? Turn to celebrated icons such as former President Ronald Reagan and cycling phenom Lance Armstrong for wisdom and encouragement to get you through a challenging day.
When times are tough, employees turn to their managers for advice, guidance, and fresh, new strategies. Here, five industry leaders share their latest breakthroughs in four categories. These ideas can help you improve communication, inspire by example, and hone in on new strategies across a variety...
Mitchell Kiffe, multifamily vice president of production and sales at Freddie Mac, answers questions about the industry and the organization's role in the future.
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Five lessons learned from the '90s.
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Determining the right strategic course of action for your company will take more than luck.
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Miami condo buildings that once topped 2008’s foreclosure list are now hot-price tickets items in the area’s multifamily market. Who is bold enough to buy condos in Miami’s still-shaky market? According to the area’s real estate brokers, investors—not homeowners—are snatching up these units left...
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A prominent multifamily builder in the Northeast has followed in the footsteps of
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Multifamily sales volumes in 2008 will probably be around $35 billion, barely a third of the record highs of $90 billion reached in 2007.
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The U.S. Green Building Council has unveiled LEED 2009, an updated rating system for commercial buildings, which resets the bar for green building performance.
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For every billion dollars invested in new infrastructure products, personal earnings would increase by $1.1 billion, and national GDP would increase by $3.4 billion, according to national and state-by-state data released by the Arlington, Va.-based Associated General Contractors of America (AGC).
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Faced with a greater debt burden than its apartment REIT peers, Colonial Properties Trust, a Birmingham, Ala.-based REIT with 36,481 apartment units, announced major executive management changes this week that will bring the return of a familiar face to the CEO seat.
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As 2008 came to a close, a number of multifamily REITs made moves to fortify their balance sheets and portfolios for what promises to be a tumultuous 2009.
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Greystar Real Estate Partners has nabbed a spot as one of the country's largest property management firms after announcing this week that it has acquired the management division of Irving, Texas-based JPI.
The U.S. Green Building Council has unveiled LEED 2009, an updated rating system for commercial buildings, which resets the bar for green building performance.
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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.
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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.
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Commission chaired by Kemp, Cisneros recommends stripping HUD of fair housing authority.
Caught off-guard by California wildfires in mid-November, the owner of The Cascades apartment property in Corona is focused on assessing and mitigating the damages caused by the flames.
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Caught off-guard by California wildfires in mid-November, the owner of The Cascades apartment property in Corona is focused on assessing and mitigating the damages caused by the flames.
Despite the turbulent economy, Dallas-based Riverstone Residential Group is still in rapid growth mode. BlackRock Realty Advisors, the real estate equity arm of BlackRock, has hired Riverstone to manage 62 communities, representing more than 15,000 units nationwide with a heavy concentration on the...
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If the recent announcements coming from brokerage offices are a harbinger of things to come, we may soon see bankers and note holders begin to take over commercial real estate assets.
Boyton Beach, Fla.-based property management firm Apogee Cos. has completed its acquisition of Davie, Fla.-based multifamily developer New Dawn Cos., Apogee president and CEO Jeff Staley confirmed this week in an exclusive interview with Multifamily Executive.
Tom Bozzuto, CEO of The Bozzuto Group, who was honored Wednesday night as winner of ULI Washington's annual Lifetime Achievement Award, called on the development community to reinvent itself in order to survive the current economic crisis.
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President-elect Barack Obama, who has been busy shaping his White House cabinet, had yet to unveil his choice for secretary of the Department of Housing and Urban Development (HUD) in late November.
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Recession and a lack of deal flow forces layoffs and corporate restructuring.
Sluggish third-quarter earnings for retailers do not bode well for developers trying to attract these tenants to their mixed-use properties. But developers remain optimistic, despite more bad news as the holiday season approaches.
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Although they were pummeled by Wall Street in the third quarter, multifamily REITS did have some good news to report
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As part of its settlement with the Washington, D.C.-based Equal Rights Center, Trammell Crow Residential Co. has announced it plans to help form the Equal Rights Center Multifamily Housing Resource Program (MHRP). Trammell Crow committed $1.5 million over the course of 10 years to fund the project.
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MULTIFAMILY EXECUTIVE Senior Editor Chris Wood rounds up interesting and intriguing news tidbits. This week: scorpions, slap-shots, and sports stars.
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Marietta, Ga.-based Wood Partners' Green Evaluation Model (GEM) is a Microsoft Excel spreadsheet developed to assist preconstruction managers, developers, and estimators in the process of designing multifamily communities to green building standards.
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After heavy demand, Orlando, Fla.-based broker Smith Equities Real Estate Investment Advisors took its popular email rental survey online, offering property managers across the country the opportunity to gather rent comps for the state of Florida with the click of a mouse.
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Denver-based Simpson Housing's "You Make the Difference" campaign was a massive corporate effort that coordinated 40 charitable projects involving more than 600 employees and a total of 5,000 volunteer hours.
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Like many first-time teachers working in or near major metro areas, Jessica Abel was having problems finding an affordable place to live. While surfing the Internet, she found Windsor Court Apartment Homes in Denver.
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Designed by George Watt Architecture, built by Shaw Construction, and managed by Riverstone Residential Group, the 60-unit Eagle Place affordable housing community in Lafayette, Colo., exceeds Colorado Built Green energy standards by more than 250 percent and uses 50 percent less energy than...
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It was the town dump, and now it's the crown jewel. Braintree, Mass.-based developer John M. Corcoran and Co. (JMC) successfully turned a contaminated brownfield site into a LEED-certified, 100 percent smoke-free apartment community boasting 238 units with rents ranging from $1,150 to $2,570 per...
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Charlotte, N.C., is known as a banking center. But long before its financial pillars, it was a textile town. And one of those first textile mills was Alpha Mill, built in 1888.
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A former U.S. Naval Asylum built in 1827 by William Strickland, named an historical landmark in 1971, but unused since 1976 has found new life as market-rate condos just outside of downtown Philadelphia.
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The Lakeside North apartment community in Altamonte Springs, Fla., lacked a signature design. So when UDR, a REIT based in Richmond, Va., took over the property, it wanted to change the status quo.
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The San Juan Homes revitalization certainly has a lot riding on its success. The San Antonio Housing Authority thinks the revitalization of the project is the catalyst to creating Class A affordable housing near the West side of San Antonio.
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The dirt under Almaden Apartments had been a lot of different things in past lives, a winery, a car wash, heavy equipment wrecking and storage facilities, and a bingo parlor. But it would be hard to argue that there isn't a greater community need that the 226-unit property fills today.
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Even rural areas need affordable housing. The Southeastern Methodist Association for Rehabilitation knew this because many of its members were at a time in their life where they needed to retire but had limited income.
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They came, they saw, they kicked some ass. Clark Realty's demolition and redevelopment of 77 outdated, ill-equipped military housing units at Miramar Marine Corps Air Station in San Diego has resulted in a luxurious community that would make Maverick and the Iceman smile.
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There are definitely worse places to spend your golden years. Wind Crest in Highlands Ranch, Colo., is located southwest of downtown Denver on a steep, sloping hill.
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Homeless elderly were taken directly off the street and given a home at Prosperity Creek Senior Apartments, a 168-unit senior project in Charlotte, N.C., built by Wood Partners and managed by Riverstone Residential Group.
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Dirty, environmentally contaminated sites don't usually appeal to Long Beach, Calif.-based Mac-Farlane Costa Housing Partners, but the 0.8-acre site in San Diego's Barrio Logan neighborhood offered too great of an opportunity to ignore.
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Proving that you even the smallest of projects can exceed expectations, Wilmington, N.C.-based Plantation Building Corp. has executed on a 1920s era design for a 21st century condo low-rise.
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Public art, reuse of land, public private partnerships, and mixed-use all come together at Philadelphia's eight-story Domus, a luxury apartment building designed by Design Collective and developed by the Hanover Co.
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Shirlington Village in Arlington, Va., is undergoing a transformation, shifting from rows of parking spaces to higher-density development.
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Atlanta-based Tivoli Properties put the Aqua high-rise in the heart of the city's action?Midtown. But that proximity also left the architectural firm, Smallwood, Reynolds, Stewart, Stewart & Associates in Atlanta, with major challenges.
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During a session on the future of multifamily technology, panelists were discussing the rising trend of user-generated content about apartment communities popping up on the Web.
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A week before posting third-quarter results showing a loss of $58.4 million through continuing operations, troubled Tarragon Corp., a New York-based multifamily builder and owner, announced that it is restructuring its debt.
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Multifamily firms Sterling America and Waterton Associates have joined other real estate owners in amassing cash to take advantage of opportunistic buys in the coming months.
Enterprise and Bart Harvey, former chairman and CEO of Enterprise Community Investment, shared the Urban Land Institute's 2008 J.C. Nichols Prize for visionaries in urban development.
MULTIFAMILY EXECUTIVE Senior Editor Chris Wood rounds up interesting and intriguing news tidbits. This week: renters vote in President-Elect Barack Obama, Syracuse dollar sales, and Allentown's hall of shame.
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President-elect Barack Obama has campaigned tirelessly during the past two years, visiting as many as five states in a single day. But fighting for the presidency is nothing compared to what lies ahead: Enacting the change he has promised during countless debates, interviews, and rallies across the...
The winners of the first annual ULI J. Ronald Terwilliger Workforce Housing Models of Excellence are: The Boulevard in Anaheim in California, developed by John Laing Homes; Legacy at Lincoln Park in Rockville, Md., developed by Urban Atlantic Development; and Morgan Woods in Edgartown, Mass....
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Pinnacle, an American Services Management Co. and one of the country's largest managers of apartment units, has announced a vast restructuring of its information technology services department aimed at achieving scalable systems and infrastructure and providing best-in-breed services as the company...
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Joint venture partners Miami-based MDM Development Group and MetLife Insurance Co. put a big dent in the debt market crisis late last month, securing a $250 million construction loan for a multi-phase, $1.5 billion mixed-use development?Miami Metropolitan?in downtown Miami.