May 2011 Table of Contents

Features
The Hunt Cos. Redeploy Military Construction Proceeds to become Full Service Multifamily Real Estate Firm The Hunt Cos. Redeploy Military Construction Proceeds to become Full Service Multifamily Real Estate Firm

After a decade long run as a preimminent miltary housing builder, the Hunt Cos. reinvest hundreds of millions in profits to become a full service multifamily real esate firm. Read more

Diversity is the Key to a Successful Journey Diversity is the Key to a Successful Journey

No matter what road you're on in life or in business, a diverse mix can make sure you're around to succeed. Read more

Multifamily Industry Needs a Strong Voice in Policy Making Multifamily Industry Needs a Strong Voice in Policy Making

NAHB's chairman explains why, with the uncertainty surrounding tax reform and housing finance, the multifamily sector must guard its interests at all levels of government. Read more

Third Party Contractors with Specialties had an Advantage in 2010 STAT OF THE MONTH Third Party Contractors with Specialties had an Advantage in 2010

In the multifamily business, if you’re a third-party apartment builder, you generally make that your bread and butter. Read more

It’s Electric: Apartment Operators Unveiling Super Amenities It’s Electric: Apartment Operators Unveiling Super Amenities

Across the board, super-amped, over-the top amenities are popping up, even as the industry begins to push rents to record levels. And so far, residents seem more than happy with the extra perks. Read more

Four Ways Borrowers Can Prepare for a Post-GSEs World

Multifamily borrowers should start preparing now to live in a world with no GSEs by diversifying thier relationships, going long-term, and modeling more conservative exit strategies. Read more

Adjustable Rates Gain Traction as LIBOR Holds Steady

Many multifamily borrowers, especially short-term holders, are pursuing floating-rate debt again, attracted by the incredibly low rates and flexible pre-payment terms, said panelists at the recent Apartment Finance Today Conference. Read more

Five Ways to Save Money on Construction

As developers begin to look at whether new construction pencils out again, architects, property managers, and general contractors are getting a lot of calls to do studies and help underwrite deals. Some of these proposals will turn into nothing, but others could eventually lead to starts. What separates a winner from a loser? Well, finding debt and equity is always the biggest driver. Read more

Pension Fund REIT Allocations Still in Flux

IPERS, CalPERS pension funds are taking a harder look at the REIT sector as public REIT performance continues to outperform its equity peers. Read more

Archstone Breaks Ground on Mammoth D.C. Project Archstone Breaks Ground on Mammoth D.C. Project

For years, Washington, D.C., area residents would drive by the 10-acre, old convention center site between New York Ave. NW and 9th, H, and 11th streets, and wonder one thing—why hasn’t anyone built here yet? Read more

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