Here are four ways to ensure a successful transition.
Here are four ways to ensure a successful transition. Read more
Essex Property Trust Retains Strategy After CEO Succession
Essex Proerpty Trust president and CEO Michael Schall takes over the company, planning a larger focus on operations but keeping the companies founding principles and strategies relatively intact. Read more
Succession Planning is a Two-Way Street
The person passing the power and the person taking the driver's seat have to be on the same wavelength. Read more
Recent Fannie Mae Study Shows Shift in Housing Perceptions
Renters look less favorably on owning a home, which bodes well for multifamily operators. Read more
STAT OF THE MONTH
An Unequal Recovery
When it comes to falling vacancies, institutional-grade owners have it much better than smaller apartment operators. Read more
Market for Buy-and-Flip Strategy May Be Coming Back
Last March, Miami-based Crescent Heights paid for The Palatine, a coveted high-rise near transit in the Courthouse neighborhood of Arlington, Va. Less than a year later, a number of sources say the 262-unit property is on the market again. And it’s not alone. Earlier this year, GlobeSt. reported that Crescent Heights had also put the Cityfront Place apartments, a 481-unit deal in Chicago that it bought in 2009, on the market. Read more
After two years of availability to the multifamily apartment industry, the U.S. Environmental Protection Agency’s Portfolio Manager energy measurement, tracking, and benchmarking tool is beginning to see wider adoption among utility-minded apartment owners and operators. Read more
President Obama Announces "Better Buildings Initiative"
Continuing his push for innovation, the President outlines a focus on energy-efficient buildings. Read more
While the FHA remains the market-share leader, traditional construction lenders like Chase, U.S. Bank and Bank of America, and even insurance companies like MetLife and PacLife, are stepping back into the market. Read more
Multifamily advertising experts say San Francisco-based Craigslist will likely move to a pay-per-post model for apartment listings in major U.S. metros, possibly within the year. Read more