The Opportunist
When the founder of a private apartment firm needs a new face at the top to help push growth, he or she has two options—turn to competitors and pick off young talent or promote from within. Lawrence R. Gottesdiener took a different approach. The founder and chairman of Newton, Mass.-based Northland Investment Corp., turned to … his lawyer? Read more
Stock CEO: We Look To Show Profit by June 2010
Stock Building Supply expects to turn an operating profit in the fiscal year that ends next June, capping 12 months as a reorganized, slimmed-down, post-Chapter 11 operation, Stock's president and CEO told ProSales in an interview. Read more
Apartment firms boost operating income despite losing potential revenues. Read more
Money to Lend
Bank consolidation will likely not impact the health of agency-led multifamily debt markets. Read more
The National Apartment Association Educational Institute and the National Affordable Housing Management Association have joined forces to launch the Green Credential for Property Management (GCPM), a designation for on-site managers, maintenance personnel, and staff supervisors. Read more
City By the Bay
As global capital markets continue to destabilize, San Francisco multifamily properties remain one of the safest bets in the country for investors. Read more
A New Front Porch
Phoenix, Ariz.-based JAG Development adopted a design style popular in Amsterdam to bring a sense of community and efficiency to its newly completed Portland 38 project. Read more
Saving Paper
Owners with cash in the bank target distressed debt, despite the heavy risk they carry. Read more
Off-Road Scholars
For Dina Urbansky, a development specialist at Cleveland-based Forest City Enterprises, RealPage's OneSite property management system is crucial for her job. The system helps the company track occupancies, leases, and rent payments for the 35,000 apartments it owns or manages in 20 states, and Urbansky trains property managers to better understand the system. Read more
Kiss Carpet Goodbye
Multifamily properties look great—and save big—with faux wood flooring. Read more
Landmarks: Admiral Apartments
Admiral Apartments represents an early 20th century style of apartment buildings that had its predominance in downtown and the immediate west side of Portland. Read more
Rough Waters
What A Difference A Year Makes.
Multifamily operators prepare to navigate a sea of uncertainties in 2009. Read more
In the past week, two of the Top 20 builders on Multifamily Executive's list of Top 50 Builders in the country have announced that they will curtail future development operations. Read more
