By the time Hurricane Ivan threatened Florida in September, Michael Martin had already made multiple trips to buy supplies and materials to protect his company's properties. "It's bad when they know you by name at Home Depot," says Martin, executive director for human resource development (and the...
Dozens of new, low-income apartments went on the rental market this September in Cass Corridor, the poorest neighborhood in Detroit. The $13 million Brainard Street Apartment project consists of 20 three-story brick buildings, with a total of 120 two- and three-bedroom units. But some of the best...
After a grueling day at the office, a resident stops on the ground floor of his apartment building to buy a sandwich, pick up his dry cleaning, and rent a DVD. Ah, life is good. But soon, his quiet night at home is interrupted by the smell of restaurant cooking, the sound of trash being tossed in...
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If you own Class A or B apartments in South Florida, Southern California, or Washington, D.C., you've had some very good years. While multifamily properties have increased in value across the country, it's nothing quite like what's happening in these cities. Property values are soaring. Apartments...