Multifamily Executive Magazine August 2010

When Special Servicers Inherit the Earth

Why special servicers are ending up with CMBS assets, and what it could do to the multifamily industry. Read more

Campus Advantage Looks to Grow as a Student Housing Provider

Campus Advantage Looks to Grow as a Student Housing Provider Read more

Improvisation is Necessary in the Real Estate Business

When it comes to distress funds, operations, or even travel, you have to improvise to stay alive. Read more

Stat of the month Eyeballs and Purse Strings

New study From Nielson sheds light on renter habits in social networking environments online. Read more

Direct Reports Occupancy Uptick

Some of the biggest names in the apartment industry reported significant improvement in rents in the first half of 2010. But the question is: How have those numbers improved without significant job growth? Read more

Luxury Houston Apartment Project is Largest Yet to Win National Green Building Standard Certification

The Voyager at Space Center—a 313-unit luxury apartment community within walking distance of the Johnson Space Center in Houston—recently became the largest project certified by the National Association of Home Builders (NAHB) Research Center under the ANSI-certified National Green Building Standard. Read more

Multifamily Dispositions Move to By-the-Pound Pricing

While cap-rate centric institutional buyers mindful of market fundamentals are balking at cap rate compression, opportunistic private investors and opportunity funds with aggressive yield expectations and the underwriting to match are standing 20 and 30 bidders deep to pay what the market demands on a price-per-unit and price-per-square-foot basis. Read more

Court Approves Fairfield’s Reorganization Plan

On Tuesday, Delaware's Bankruptcy Court cleared the way for Toronto-based Brookfield Asset Management to provide an equity injection to San Diego-based Fairfield Residential by approving the company’s plan of reorganization. Read more

Experian Acquires RentBureau, Expands Rental Screening

Global information services company Experion recently acquired RentBureau, one of the nation's largest nuetral rental credit bureaus. The acquistion has many positive long-term prospects, including helping renters who are unscorable through traditional credit bureaus get their foot in the door to lease a new apartment. Read more

CWCapital Sold to Fortress Investment Group

Fortress Investment Group has acquired CWCapital in the third major acquisition of a special servicer this year. Read more

Five Markets with the Highest Percentage of Distressed Sales

In some markets, such as New York and Washington, D.C., transactions have picked up noticeably this year and cap rates are falling. But in other markets, there are still a lot of distressed assets trading. In fact, some markets are seeing more distressed assets trade than conventional ones. Read more

Timing the Materials Market

As the price of materials such as lumber and concrete continue to fall, many developers are employing an "as-needed" approach to purchasing at the end of the second quarter. Read more