May 2010 Table of Contents

Features
UDR Tailors Operations and Assets Toward Gen Y UDR Tailors Operations and Assets Toward Gen Y

Armed with cash from the right-sizing, UDR has been leveraging its balance sheet to beef up its operations, technology infrastructure, green initiatives, and energy management, and ultimately prepare itself to be the ideal property owner and manager for an on-the-go Gen Y renter. Read more

MFE 50 Firms Leverage Experience, Instinct MFE 50 Firms Leverage Experience, Instinct

To survive the past year required more than business acumen and experience, though the MFE Top 50 firms displayed much of both. Read more

Multi-generational Households Make a Comeback stat of the month Multi-generational Households Make a Comeback

A surge in multi-generational households could signal new opportunities for multifamily developers. Read more

Five Ways Third-Party Managers Can Vet Clients

Taking on clients for your property management business isn’t as easy as it used to be. With many owners crushed under the weight of burdensome loans, they don’t have the money for property improvements or even vital services. That can leave their managers in a bind. Read more

Wood Partners Discusses Executive Changes, Evolving Strategy Wood Partners Discusses Executive Changes, Evolving Strategy

Changes are afoot at Atlanta-based Wood Partners. Jerry Durkin will be moving up to the chairman role (and stay on the board of directors), while Ryan Dearborn will become the firm's new CEO. Additionally, CFO Joe Keough will be adding the COO title to his business card. Read more

Fannie Mae Re-Introduces Mezz Programs Fannie Mae Re-Introduces Mezz Programs

Following on the heels of a similar announcement from Freddie Mac, Fannie Mae has re-engaged its DUS Plus and CI Mezz-Mod Rehab programs, offering borrowers up to 80 percent leverage. Read more

Freddie Mac Debuts Mezzanine Initiative

Freddie Mac has rolled out a mezzanine arrangement aimed at plugging the gap in the capital stack of overleveraged multifamily borrowers. The initiative, which will go live April 12, will marry a Freddie Mac senior loan with a mezzanine piece provided by Read more

Caught in the Middle Caught in the Middle

With increasing frequency, third-party managers are finding themselves between a rock and a hard place lately. The rock is their client. And the hard place? That's the client’s lender, which is often the manager’s client in other deals. Read more

Multifamily Firms Lean on Special Ops Units to Strengthen Fundamentals

David Lynd doesn’t think multi-disciplinary, stand-out industry performers are necessarily new to multifamily—and definitely not new to the Lynd Co. Read more

Dinerstein Aims for Simultaneous Multifamily LEED Certifications Dinerstein Aims for Simultaneous Multifamily LEED Certifications

In 2008, Houston-based apartment and student housing developer the Dinerstein Cos. adopted the LEED green building standards developed by the U.S. Green Building Council for all of its projects moving forward. That may have been the easy part. Read more

REITs Begin to Break Ground

PUBLIC REITS ARE POISED to break ground on as much as $1 billion in new development this year in another sign of industry confidence that fundamentals are improving. Read more

UDR Chairman Robert Larson Remembered for Commitment to Real Estate, Public Service

Memorial services will be held tomorrow in Detroit for UDR Chairman Robert Larson, who passed away March 11. Read more

Baltimore's Multifamily Sector Holds Steady Regional Outlook Baltimore's Multifamily Sector Holds Steady

Capitalizing on its proximity to Washington, D.C., and stable economy, Charm City manages to forecast a stable 2010. Read more

One to Watch: BRIDGE Housing One to Watch: BRIDGE Housing

Interview with BRIDGE housing president and CEO Cynthia Parker Read more

Crown Square Reinvigorates Old North St. Louis Facelift Crown Square Reinvigorates Old North St. Louis

An abandoned pedestrian mall in St. Louis reopens as a bustling mixed-use corridor, jumpstarting the revitalization of a down-and-out neighborhood. Read more

Axis at Perimeter Offers Southern Hospitality in the Atlanta Market New developments Axis at Perimeter Offers Southern Hospitality in the Atlanta Market

Axis at Perimeter raises the bar on amenities and services to attract renters in a crowded Atlanta market. Read more

Innovative Partnerships Shake Up Multifamily Investor Activity Done Deal Innovative Partnerships Shake Up Multifamily Investor Activity

Underwater owners and smaller multifamily firms look to strategically boost their standing by launching unusual partnerships. Read more

Anatomy of a Multifamily Tech System Anatomy 101 Anatomy of a Multifamily Tech System

Multifamily IT tech executives share systems building strategies Read more

Product Roundup: The Great Outdoors [ Product Roundup: The Great Outdoors

Rooftop entertaining areas give properties a competitive lift. Read more

Landmarks: The Solaire, New York Landmarks: The Solaire, New York

The Solaire in New York City pioneered high-rise green building practices. Read more

Close X