June 2014 Table of Contents

Baby boomers and millennials present managers and owners with a difficult task—figuring out how to keep both groups happy, either separately or, more often than not, together. Read more

Toll Brothers' City Living division builds luxury condos in Manhattan's upper east side with turnkey design and an array of amenities. Read more

The growing niche has spawned a modern gold rush in areas of the country rich in natural gas and oil. Read more

Are we losing the hearts and minds of a new generation of renters with each and every rent spike? In my case, yes. Read more

The Senate Banking Committee approved the Johnson-Crapo bill, but it looks unlikely that Congress will pass the legislation this year. Read more

The Gen Y crowd may be a bit more nuanced than many owners, managers and developers believe, according to MPF Research's Jay Parsons, Campus Apartments' David Adelman, Fannie Mae's Kim Betancourt, and MetLife's Melissa Reagen. Read more

When the Carroll Organization acquired a 414-unit property in Webster, Texas, the management team was alerted to an unusual threat: A new type of ant, dubbed the tawny crazy ant, may soon infest the community. Read more

The first quarter drop in apartment sales looks alarming. But dig deeper and you'll see the market remains quite healthy. Read more

Go west, young man: Gen Y is expected to have the biggest impact on western markets, according to the latest Millennial report from demographic research firm Nielsen. Read more

Two companies find common ground in Louisville and create a high-end luxury communtiy with rents well above average. Read more

Properly staging a new apartment could mean the difference between signing a new lease, or losing a prospective renter to your competitor. Read more

Greystar and AIMCO officials talk about water and monetary savings seen after installing computerized irrigation systems at various properties. Read more

Holly Wiedemann, president of Lexington, Ky.–based AU Associates, shares how her firm’s housing has helped improve the lives of impoverished residents in Kentucky and West Virginia. Read more

While developers are building new properties with much less parking ground thanks to new zoning requirements, architects are tackling the problem head on, figuring out a creative use for all those empty spaces. Read more

Seven of the top 10 highest-rent markets are found in either New York or California, while Tucson reigns as the most affordable metro in the country in March. Did your metro make the cut? Read more

While much of the discussion about micro units has centered on young professionals, developers and architects behind a new micro-unit community in Chicago’s West Loop are instead targeting low-income renters. Read more

FTI Consulting manager Glenn Brill gives his take on what's to come for New York City's housing stock. The working class, which is composed mostly of Millennial workers, is poised to dictate which changes will be successful and which will fall flat. Read more

Greystar's international student housing presence came with challenges, but unveils some long-term domestic opportunities. Read more

The hourly wage a full-time worker must earn to afford a decent two-bedroom apartment, has increased to $18.92 this year, up 53 percent from 2000, according to a recent report. Here are the 10 nastiest cities for workforce renters.That national average of $18.92 is 52 percent higher than it was in 2000, officials say. Read more