Table of Contents July 2010

FEATURES

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  A Dirty Shame

  Multifamily Developers Struggle With Land Values in Nascent Stages of Market Recovery

   

Cover Story

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  Why Jim Lindsey Never Stopped Building

  Because this footballer-turned-developer knows what it takes to run a good game—and have his regional firm break ground on just enough units in 2009 to nab the spot as the country’s largest builder.

   

FROM THE EDITOR

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  Vanishing Act

  Market fundamentals don't support the recovery that's been seen in the first half of the year. What's going on?

   

CORNER OFFICE

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  Doubling Up or Coupling Up?

  The NMHC studies the Current Population Survey to uncover exactly how household compositions have changed during the economic downturn.

   

NEWS + NUMBERS

Stat of the Month

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  Grad Pads

  Young renters want to live in cities that offer job prospects and a posh, tech-friendly lifestyle.

   

Direct Reports

• Under the Radar

  As the rental markets turns in many areas of the country, some small markets actually look ripe for new development. In search for that, we contacted New York-based Reis. The firm culled its apartment sector database for metros that have experienced low supply growth relative to the metros’...

   

• Renting Rocks

  A new survey commissioned by the National Apartment Association further dispels the notion that the American Dream includes a single-family home with a white picket fence.

   

• Heads in Beds

  In late 2008, as the economy was quickly turning sour, the battle cry throughout the apartment business was to “keep heads in beds” at all costs. Now, a year-and-a-half later, it looks as though the industry was successful in doing just that.

   
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  Summer Showers

  Many apartment communities around the country are well into their peak watering season (usually March to June). But turning that spigot on is getting more and more expensive.

   
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  Tough Road

  Despite the rumblings that life companies and banks, both large and small, are dipping their toes back into the development game, third-party builders such as Summit Construction in Jacksonville, Fla., and LandSouth Construction in Jacksonville Beach, Fla., don’t really seem to be seeing the fruits...

   

PEOPLE + PLACES

One to Watch

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  Florida or Bust

  The Tampa, Fla.-based firm aggressively pursues value-added acquisitions in Florida.

   

Apartment Life

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  Seeing Stars

  Like it or not, managing buildings with a rich-and-famous clientele requires tact—and a focus on privacy.

   

SALES + SOLUTIONS

New Developments

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  Lights Out!

  A smoke-free Maryland apartment community reflects its developers’ concern for healthy living.

   

Tech Specs

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  Areas of Influence

  Multifmaily Marketers Turn to GeoLocation to Prospect for Local Renters

   

PRODUCT STUDIO

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  Creative Construction

  As prices for building materials increase, developers look for ways to reduce costs.

   

LANDMARKS

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  Landmarks: Park Place Apatments, Mountain View, Calif.

  Park Place Apartments in Mountain View, Calif., offered sustainable features well before green was in style.