Multifamily Industry Rents in a State of Flux
The recession does away with fundamentals and stresses property performance across all multifamily markets and product types. Here's our report on the state of rents in the industry. Read more
Home Outperforms With Simple Strategy
Home Properties focuses on renovating Class B properties in high barrier markets and has delivered to its investors. Read more
From the Editor: Multifamily Execs Feel Anxiety, Optimism
In conversations everwhere, you can hear the anxiety and the positive outlook of the industry. Read more
Industry Opposes Labor and Union Bill Before Congress
The "card check" bill would make it easier for unions to organize employees but would not leave employees better off. Read more
Multifamily Construction Continues Decline
Lenders and developers can't seem to agree on who is to blame for the construction dryspell in the multifamily industry. Read more
Colonial, Lane Decide to Bring Back Founding Chiefs
Faced with debt-heavy balance sheets, Colonial Properties Trust and Lane Co. bring back their founding CEOs. Read more
Locales receive eagerly awaited HUD funds to stabilize neighborhoods hard-hit by foreclosures. Read more
March 2009 News Bites
Remembering Trammell Crow, a new inspection process in D.C., foreign investors eye apartments, and more news. Read more
Divest the Rest
Acquisition of 41,000 units brings national scale to Greystar and marks second business unit divesture by JPI since the close of 2008. Read more
AIMCO, Camden, BRE reduce development pipelines, announce impairment charges for 2009. Read more
Regional OUtlook
Despite Hard Hits, South Florida Will Survive
Undoubtedly one of the areas hardest hit by the foreclosure crisis, the South Florida market is poised to weather the storm. Read more
One to Watch
One to Watch: Wermers Cos.
The San Diego-based Wermers Cos. leverages historical know-how and general contracting skills to navigate the current economic environment. Read more
facelift
The Royalton Historic Hotel Provides Housing From Miami's Transitioning Homeless
The Royalton has a new purpose—as housing for the formerly homeless in Miami. Read more
new developments
Detroit's Fort Shelby Tower Apartments Opens For Leasing
Residents of the apartment tower will share in adjacent historic hotel's amenities. Read more
Done deal
New Buyers Emerge in 2009
Long-awaited vulture funds will likely buy up apartments in the second half of 2009. Read more
Multifamily Owners and Managers Save With Water-Efficient Retrofits
One area where money can be saved is in water and sewer expenses, which have increased by an average of 27 percent over the past five years. Read more
Landmarks: Park La Brea Apartments, Los Angeles
Park La Brea Apartments in L.A. is one of the few and finest examples of the urban planning concept of the Modernist Movement. Read more