Table of Contents June 2010

FEATURES

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  Green by any Measure

  Multifamily Apartment Firms Remain Committed to Green Despite Economy

   

Cover Story

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  To Green and Beyond

  As the economy was collapsing back in 2008, Greg Mutz and his leadership team had to make an important decision. Like everyone else in the housing industry, the team at Chicago-based AMLI Residential was concerned with having to right-size headcounts, extend maturities, defend its balance sheet...

   

FROM THE EDITOR

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  Stay Tuned

  It’ll be years before technology and green meet in a way that seismically changes the apartment industry.

   

NEWS + NUMBERS

Stat of the Month

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  Payback Time

  Affordable developers who meet the Enterprise Green Communities Criteria can expect an eight-year ROI.

   

Direct Reports

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  Back to Business

  Phoenix-based multifamily builder and owner operator Alliance Residential sees development deals beginning to pencil out in coastal markets.

   
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  On the Upswing

  As results begin to stream in from the multifamily REITs’ first-quarter earnings reports, the picture that is beginning to emerge indicates a full-fledged recovery—at least for the public apartment firms. Just look at the numbers.

   
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  Silver Opportunity

  Independent living is the one segment of the seniors housing industry having a tough time these days, with occupancy rates in the high-80 percent range. And that has investors eyeing the space with hopes of achieving some of the best opportunistic returns within the multifamily spectrum.

   

• Cautious Optimism

  Most years, apartment owners and brokers would be doing somersaults if they enjoyed year-over-year sales increases of 50 percent. This year, a report from New York-based research firm Real Capital Analytics saying that sales volume jumped $15.4 billion in the first quarter of 2010—a 50 percent...

   
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  California Dreaming

  In the past few months, Ed Lange, executive vice president and chief operating officer at San Francisco-based BRE Properties, has been noticing an interesting trend at some of his properties. “San Francisco is beginning to stabilize,” he says. “We’re seeing the return of the one-bedroom unit. It...

   

• Tech Talk

  In a report released April 15 updating a 2008 survey on how multifamily technology executives allocate their budget dollars, the Washington, D.C.-based National Multi Housing Council (NMHC) finds spending on outsourcing has nearly doubled, comprising 23.63 percent of apartment IT budgets in 2009...

   

Regional

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  Sunny Forecast

  Class A multifamily housing fundamentals in Orlando remain stable, even as the city emerges from the recession.

   

SALES + SOLUTIONS

New Developments

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  Green Gem

  A two-unit apartment building in an infill Birmingham, Ala., neighborhood goes for LEED Gold.

   

Tech Specs

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  Game Changer

  How the iPad and tablet PC technology will impact apartment marketing and sales.

   

PRODUCT STUDIO

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  Hail to the Sun

  Solar products cut energy costs for multifamily owners and residents alike.

   

LANDMARKS

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  Landmarks: The San Remo, New York

  Emory Roth's San Remo in Central Park West resonates grandeur and elegance.