Lack of New Construction Creates Opportunity for Renovators
As participants in MFE's second-annual Apartment Renovation Index suggest, renovators are finally enjoying a pickup in repositioning activity. Read more
Condo Market Struggles to Succeed with Fractured, Failed Projects
Despite an uptick in sales activity and a drop in prices, investors are still working to make financial and ROI sense of the condo sector. Read more
The Bascom Company Looks to Operational Value-Add in Rent Lagging B and C apartment sectors.
The Bascom Company is augmenting its traditional renovation strategy to target assets with severe occupancy and rent distress in order to bring back units, meet market rent fundamentals, and extract maximum NOI to improve asset values. Read more
Gen Y Renters will be Tech-Savvy and Extremely Fickle
When it comes to marketing and renting to recent college graduates, the industry still doesn't know enough. Read more
Architectural Billings Go Up Since the Middle of Last Year
Architectural Billings Go Up Since the Middle of Last Year Read more
Back in the Game
In the past few months, Ronald Ladell, a vice president for Arlington, Va.-based AvalonBay Communities, has seen new competitors move into the mix when he’s bidding for land in the New Jersey market. Despite still dealing with the after-effects of the housing bust, large single-family builders such as Toll Brothers and Pulte are starting to compete for land. Read more
Waterton Residential Closes $1.5 Billion Acquisition Fund
Waterton Residential Closes $1.5 Billion Acquisition Fund: Purchases likely to focus on financial distress, value-add opportunities. Read more
News Bites
Mid-America is Now MAA: Inside the REIT's Rebranding Initiative
When you think mid America, Dallas, Houston, and Atlanta aren’t usually the first places that come to mind. It’s usually places like Lawrence, Kan. Yet, those cities are three of the five biggest markets for Memphis-based REIT Mid-America Apartment Communities. That’s a big reason why the company will announce this Friday that, as part of a new branding project initiative, it will be conducting business as its ticker symbol—MAA. Read more
Red Flags
Economists don’t think we’re out of the woods yet. Here are three factors that could continue to influence jobs and demand for apartments. Read more
Increasing your risk tolerance by looking toward secondary and tertiary markets can be a tricky business. Here are six tips to keep in mind. Read more