Table of Contents July 2008

FEATURES

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  The Immigrant Experience

  For years, the apartment industry has debated the extent to which the Hispanic immigrant demographic would influence its operations. This special investigation weaves together the realities and falsehoods inherent in this renter group—and the findings may surprise you.

   

Up and Comers

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  The Deal Maker

  A cool, calculated number cruncher answers multifamily's call.

   
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  The Activist

  A tech exec finds a home—and a calling—in the multifamily industry.

   
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  The Techie

  An Internet native is guiding multifamily on the next-generation Web and beyond.

   
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  The Innovator

  A banker turned broker turned builder is helping to grow a multifamily empire.

   
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  The Negotiator

  Over the past five years, Genevieve Bauer has lived in four states, which puts her in a prime position to understand the resident needs across Forest City Residential Management's military portfolio of 12,000 units.

   

• All Stars

  Passionate and motivated, these 40-and-under multifamily standouts are embracing innovation to set new standards of industry excellence.

   

FROM THE EDITOR

• Watch Carefully

  Whether it's a spelling bee or a REIT exec roundtable, always look for—and capitalize upon—the tell.

   

NEWS + NUMBERS

Stat of the Month

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  Shadow Dancing

  Minimal performance gains follow continued market weakness.

   

Direct Reports

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  Now Hiring

  Despite national economic woes, mulitfamily job seekers are enjoying an uptick in demand for their services from an industry riding high on operating fundementals.

   

• More Froth

  In May, the Washington, D.C.-based Mortgage Bankers Association announced that commercial and multifamily loan originations hit a record $507.7 billion in 2007.

   

• Sticker Love

  Is the housing recession boosting affordability?

   
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  News Bites

  Hope for a Cure, License to Drive, Road Trip, Racial Awareness

   
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  Betting on the Recovery

  The grinding halt in the capital markets that brought both the construction and trading of apartments to a slowdown hasn't abated.

   

Regional

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  Home in the Heartland

  Kansas City offers multifamily players steady growth, solid metrics, and an opportunity to deliver new urban destinations.

   

PEOPLE + PLACES

Apartment Life

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  Breakfast in Bed

  Manhattan multifamily embraces a higher amenity standard.

   
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  Room Service

  Gourmet delivery is no longer reserved for the luxury hotel set.

   

Facelift

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  Creative Freedom

  Residents of Jackson, Mich., initially accepted the news that the local National Guard would be vacating its 19-acre armory complex in the heart of the city with a bit of dismay.

   

Corporate Ladder

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  Resource Reallocation

  With little more than a month on the job, Curtis Walker, senior vice president of multifamily development for Trammel Crow Co.'s southeast region, is already up and running.

   

SALES + SOLUTIONS

Done Deal

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  Survival Mode

  Going into the summer of 2007. Tarragon Corp. CEO William S. Friedman says he had a plan for the New York City-based firm.

   

Tech Specs

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  Know Thy Neighbor

  When Stamford, Conn.-based Collins Properties opened Hudson Park, a 560-unit luxury apartment development on the Hudson River in Yonkers, N.Y., the firm wanted to provide a community feel for new reisdents.

   

PRODUCT STUDIO

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  Product Studio: July 2008

  Product Studio

   
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  Outdoor Escapades

  At multifamily properties, the first stop is often the community recreation areas. These are an important amenity for almost all residents, whether they're families with small children, single professionals, or older adults living on fixed-incomes.

   

LANDMARKS

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  Landmarks: Le Corbusier

  Le Corbusier's famed apartment building is structurally very simple.

   

OTHER ARTICLES

• Rental Applicant Quality Remains Steady, Index Says

  Multifamily applicant quality remained steady in the first quarter of 2008, when compared to the first quarter of 2007, according to the national Multifamily Applicant Risk Index released by Rockville, Md.-based First Advantage SafeRent.

   
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  Spanish Developer Completes First U.S. Project, Plus More New Development News