Multifamily Builders Ramp Up Development Platforms, Don't Expect to Overbuild Soon
Tough capital markets, a demand for downtown core product, and 20/20 hindsight are likely to temper multifamily housing starts, at least for awhile. Read more
Three Start Ups Weather the Recession and Grow
Three Start Ups Weather the Recession and Grow Read more
These Three Start-Ups Will Enjoy the Multifamily Recovery
A great photo shoot and three smart entrepreneurs has me feeling optimistic about the future of multifamily development. Read more
stat of the month
Leasing Agents Not Following Up On Unfinished Applications
Apartment leasing agents not followin gup on abandoned prospect applications could be overlooking a significant source of leads. Read more
AvalonBay CEO Bryce Blair’s Retirement Comes as a Surprise
In the REIT world, where the message is usually controlled and changes are anticipated well in advance, this week’s announcement from Arlington, Va.-based REIT AvalonBay Communities that its chairman and CEO Bryce Blair would retire from his role at the end of 2011, came as a surprise to both analysts and industry executives. Read more
Mike May, an industry veteran and leader of Freddie Mac's multifamily division since 2006, has announced his resignation. Read more
Honorable Discharge
Since the mid-1990s, the Military Housing Privatization Initiative (MHPI) has provided the engine for a number of prominent multifamily firms to keep their pipelines busy during good and bad times. Once the Air Force awards its Northern Region group of six installations later this summer, the major military housing awards will probably be complete. But that’s not the only concern military developers and managers have. Read more
Harvard Study Shows Rental Strength and Possible Challenges
The Joint Center for Housing Studies of Harvard University's The State of the Nation’s Housing report released this week verified a number of trends those in the housing industry have probably been seeing for while. Read more
The New Old Money: Pritzker Realty Group Rebuilding Apartment Portfolio. Additional joint-venture funds could be forthcoming from Chicago-based high net-worth investors. Read more
Hiring Act
Reading the newswire the past week, you’d think developers across the country are getting active again. In a small sampling of the industry, a number of people are starting to at least look at adding development talent again. Read more