April 2009 Table of Contents

Features
Buyers and Sellers Work to Set Prices Buyers and Sellers Work to Set Prices

With prices falling, buyers and sellers still spar over exactly how much asset values have dropped since the market's peak. Read more

AvalonBay Boasts Recession Proof Balance Sheet AvalonBay Boasts Recession Proof Balance Sheet

Consistent and conservative fiscal managment at mulitifamily REIT AvalonBay has produced one of real esate's most recession proof public balance sheets. Read more

Watch HUD's Budget Carefully in the Next Few Months Watch HUD's Budget Carefully in the Next Few Months

Will HUD be able to responsibly spend its $9.6 billion in stimulus money, or will history repeat itself? Read more

Shakey Correlation Exists Between Occupancy, Unemployment Rates stat of the month Shakey Correlation Exists Between Occupancy, Unemployment Rates

Multifamily professionals know there's a correlation between umemployment rates and vacancy levels, but no one knows exactly how significant the relationship is. Read more

Still Hazy

Borrowers and lenders equally mum on loan-to-value ratios of large construction loans. Read more

ANSI Green Lights NAHB's National Green Building Standard

Developers laud the standard's inclusion of multifamily properties. Read more

Legislation Forces More Apartments to Go Smoke-Free Legislation Forces More Apartments to Go Smoke-Free

An increasing number of property owners want to ban smoking but on their own terms. New resources can help them do so. Read more

Quick News Bites: April 2009 Quick News Bites: April 2009

Fannie Mae's 2009 plans, renters face foreclosure, Florida condo values plummet, and more news. Read more

Associations Warn of Systemic Failure in the Apartment Sector Associations Warn of Systemic Failure in the Apartment Sector

NMHC, NAA issue four-point policy statement on multifamily markets. Read more

Detroit Might be an Under Rated Market Regional Outlook Detroit Might be an Under Rated Market

Investors can expect surprisingly high returns on Detroit apartment assets. Read more

One to Watch: Guardian Management One to watch One to Watch: Guardian Management

Guardian Management expands through the acquisition of eight Sperry Van Ness brokerage firms throughout the West. Read more

Market-Rate Owners to Follow New Lead Safety Procedures Apartment Life Market-Rate Owners to Follow New Lead Safety Procedures

New federal regulations will soon require market-rate property owners to follow lead safety renovation procedures. Read more

Luxe Condo Offers Amazing Atlanta Views New Developments Luxe Condo Offers Amazing Atlanta Views

Luxe, an Atlanta condo, capitalizes on its sweeping city views. Read more

Multifamily Industry Truncates Tech Costs in the Downturn Tech Specs Multifamily Industry Truncates Tech Costs in the Downturn

For Don Phillips, managing director of Phillips Development in Tampa Bay, Fla., the look and feel of “luxury” has changed. Read more

Cool Carpeting Adds Flair to Common Areas Cool Carpeting Adds Flair to Common Areas

Use well-placed carpet to jazz up common areas. Read more

Landmarks: Habitat 67, Montreal, Canada Landmarks: Habitat 67, Montreal, Canada

Architect Moshe Safdie's Habitat 67 shows prefabricated housing at its finest. Read more

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