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FEATURES

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    City Icon: One Rincon Hill

    San Francisco's Rincon Hill neighborhood has so far failed to achieve the prominence of the nearby neighborhoods of Nob Hill or Telegraph Hill. But city leaders are hoping that Urban West Associates' newest residential project, One Rincon Hill, will bring some much desired attention to the area...

     
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    Outside the Norm: Signature Tower

    Tennessee may not be the place where you'd expect to find one of the biggest skyscrapers in the States, but the 1,118-foot Signature Tower in downtown Nashville will be the tallest U.S. building outside of New York and Chicago and the tallest in the Southeast when it's completed in 2010.

     
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    Two for One: Q1

    It's all about the view at Q1, a residential tower with ground-floor retail that looms over Surfers Paradise, one of the hottest beaches in Gold Coast City in Queensland, Australia.

     
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    Economic Engine: Burj Dubai

    Can one building be the economic catalyst for an entire city? It might, as long as that building is Burj Dubai, a 1,680-foot tower that anchors Downtown Burj Dubai, a $20 billion, 500-acre downtown development in Dubai, United Arab Emirates.

     
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    Magnificent Milestone: Chicago Spire

    As the home of the Sears Tower and the John Hancock Tower, Chicago has its fair share of tall buildings. But no building in the Windy City can compare to The Chicago Spire, a 2,000-foot tower situated on a 2.2-acre peninsula where Lake Michigan meets the Chicago River.

     
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    Sky High: Tall Residential Towers

    Coming soon: the tallest residential building in your time zone!

     
  • Deep Background: Proxy Statements

    If you've ever had the burning desire to sit in on secret REIT board meetings where buyouts are complicated and privatization deals are brokered, than EDGAR is your access man. EDGAR, the Electronic Data-Gathering, Analysis, and Retrieval system at the U.S. Security and Exchange Commission acts as...

     
  • Public Exit: REIT Privatizations

    As you read this, history is being made. The joint venture of New York City private equity firms Tishman Speyer Properties and Lehman Bros. Holdings is about to seal the deal on its $22.2 billion acquisition of Denver, Colo.-based Archstone-Smith Trust, the titanic multifamily apartment real estate...

     

FROM THE EDITOR

NEWS + NUMBERS

Direct Reports

  • Supercharged Lending: Fannie Mae

    Fannie Mae participated in financing $27.2 billion in multifamily rental housing during the first half of 2007—a new record for six-month production—the Carlsbad, Calif.-based mortgage company announced July 23. Debt financing by Fannie Mae's Delegated Underwriting and Servicing lenders provided...

     
  • Q & A: Executive Feedback

     
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    Cold Turkey: Smoke-Free Apartments

    For Guardian Management, the process of banning smokers from lighting up in apartments was a relatively easy one. On Sept. 1, the Portland, Ore.-based fee manager just said no at more than 3,000 units across the Portland metro, and notified an additional 5,000 units across the company's national...

     
  • News Bites: October

     
  • Shipped Out: Military Housing Vacancies

    As increases to troop levels across the Middle East continue unabated, all is quiet on the home front. Too quiet, in fact, for multifamily property managers and owners in military towns facing huge occupancy drops at properties traditionally leased up by men and women in uniform.

     
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    Big Easy Rebirth: Rebuilding New Orleans

    Looking for a tell-tale sign that New Orleans is on the road to recovery? Try this: Early next year, Donald Trump will finally break ground on the highly anticipated Trump International Hotel & Tower, a hotel-condo hybrid located adjacent to the historic French Quarter. The Donald hasn't given up...

     

Regional

PEOPLE + PLACES

Apartment Life

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    Bon Appétit: Community Cooking Classes

    These days, prospective residents have seen it all—an Olympic-sized swimming pool, a fitness facility in the basement, a freshly modernized lobby. Such amenities have gone from impressionable perks to expected standards. With many markets as competitive as ever, companies are always looking for a...

     

Facelift

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    Heavenly Haven: Riverwood Pines

    It's not every day that affordable housing meets historic preservation. In Little Falls, Minn., however, some residents are enjoying early 1900s architecture, turn-of-the-century masonry, brand-new apartment interiors—and government-subsidized rent.

     

Corporate Ladder

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    Lifelong Learning: Q&A with Mark Randall

    Mark Randall is a lifer. “I've never been out of a job, and I've worked in this industry my entire career,” says the newly appointed director of Wood Partners' Southeast division. “I can't think of a better job. It's been a lot of fun.” After a decade each in construction and development, he's now...

     

SALES + SOLUTIONS

New Developments

  • Developing South Central: Bethany Square in Los Angeles

    For as long as Scott A. Chaplan can remember, South Central Los Angeles has been the land of broken promises.

     
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    The Mercado

    Creating the appearance of an old European market building is what the architects at Looney Ricks Kiss were going for when they penned the blueprints for The Mercado, a mixed-use development in Rosemary Beach, Fla., an upscale, neo-traditional town on northwest Florida's gulf coast. They took the...

     

Done Deal

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    Extra Credits: Quality Tax-Credit Projects

    Jamboree Housing's Granite Court is the epitome of Orange County, Calif., multifamily living. When it opens in December 2008, the podium-style project of one-, two-, and three-bedroom apartments in the heart of Irvine will boast an outdoor courtyard with barbecues; a “tot lot” children's play area;...

     

Tech Specs

  • Under Warranty: Managing Product Warranties

    Forrest White, director of asset engineering for Alliance Residential Co., has a tight budget for the rehab projects he oversees at the Phoenix-based multifamily developer and third-party manager. A stickler for detail, he keeps a close eye on costs, reviewing line-by-line expenditures for the 10...

     

PRODUCT STUDIO

LANDMARKS

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    Villa Rockledge

    Overlooking the Pacific Ocean, atop a seaside cliff in the famed Laguna Beach area of Orange County, Calif., sits a landmark property known as the Villa Rockledge.

     

MFE AWARDS

Executive of the Year

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    Living it Up

     
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    Mr. Fix It: Meet Dave Woodward

    Give the 2007 Executive of the Year any problem—big or small—and he will find a way to fix it, often by soliciting the advice of both corporate players and on-site property managers. In just seven short years, Woodward transitioned Laramar Communities from a small, niche player to a national...

     
 
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