Table of Contents December 2009

FEATURES

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  New Frontiers

  Third-party managers should follow these four steps before entering new geographic markets.

   

Cover Story

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  2010 Survival Guide

  The industry's proven strategies for surviving 2010 multifamily economics.

   

FROM THE EDITOR

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  No Regrets?

  Thinking back on 2009, focus on the good and the bad, and make sure you learn.

   

NEWS + NUMBERS

Stat of the Month

• Anatomy of an Owner

  A new study reveals who really owns New York’s rent-stabilized housing stock.

   

Direct Reports

• Weighing the Benefits

  Aggressiveness is required throughout the process of managing REOs, but the benefits can be solid.

   
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  Job Crunch

  All but 12 communities nationwide saw declines in construction employment between September 2008 and September 2009, according to a recent study.

   
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  News Bites: December 2009

  Enterprise commits $4 billion to affordable green housing, CMBS delinquencies continue to climb, undergrads seek more privacy, and other industry news.

   

• Proper Attribution

  Increased concerns regarding ILS pricing models and reporting methodologies is top of mind among apartment owners and property managers.

   
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  Switching Back

  Former REITS, including Gables Residential and Archstone, could find themselves re-entering the public markets.

   

Regional

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  Game On

  Thanks to steady housing demand and proximity to Manhattan, Brooklyn's apartment market is poised to hold values in the long term.

   

Apartment Life

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  Seal the Deal

  Progressive firms are unleashing creative tactics to combat price transparency and discrepancies with market-rate rents.

   

PEOPLE + PLACES

One to Watch

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  Distress Prodigy

  Self-starter, immigrant, and head of Conti Organization focuses on buying notes at below face value.

   

Facelift

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  Powering Forward

  A turn-of-the-century steam plant now houses upscale condos in an up-and-coming Queens, N.Y., neighborhood.

   

SALES + SOLUTIONS

New Developments

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  Under Fire

  A workforce housing development in Pevely, Mo., is now open following a massive fire.

   

Tech Specs

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  Where It’s At

  Augmented reality and location awareness technologies open up new frontiers for multifamily applications

   

PRODUCT STUDIO

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  Counter Productive

  While price and style are key elements in the equation for selecting countertops, durability is increasingly important.

   

LANDMARKS

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  Landmarks: Jystrup Savvaerket, Jystrup, Denmark

  Denmark's Jystrup Savvaerket illustrates the co-housing model in action.