May 2016 Table of Contents

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No 2 Levels Are the Same in Beirut's Rotating Cube Design and Development No 2 Levels Are the Same in Beirut's Rotating Cube

The 14-story tower features 21 villa-style units, giving each resident a penthouse experience on any level. Read more

Apartment Renewal Rates Hit 10-Year High Retention Apartment Renewal Rates Hit 10-Year High

More renters are renewing their leases rather than moving, new MPF Research data show. Read more

$3.5 Billion Philadelphia Urban Development Plan Unveiled Multifamily Executive $3.5 Billion Philadelphia Urban Development Plan Unveiled

Drexel University and Brandywine Realty Trust will be turning 14 acres near the school into an innovation hub with commercial and residential real estate. Read more

Riley Texts Your Leads So You Don't Have To Multifamily Executive Riley Texts Your Leads So You Don't Have To

A new texting service will respond to your online leads immediately so your leasing agents have time - and more information - to follow up on later. Read more

Focus
Luxury South Florida Condo Overcomes Foreclosure, Zoning Issues to Near 100% in Sales New Developments Luxury South Florida Condo Overcomes Foreclosure, Zoning Issues to Near 100% in Sales

The two-tower, oceanside complex in North Miami Beach had faced initial resident opposition, construction stoppage, during recession. Read more

EdR Begins 6th Phase of UK Student Housing Project Student Housing EdR Begins 6th Phase of UK Student Housing Project

The Memphis-based REIT starts the next chapter of its on-campus partnership with the University of Kentucky. Read more

The 2016
NMHC 50: New Owners Shuffle the Ranks Multifamily Executive NMHC 50: New Owners Shuffle the Ranks

Consolidation and fervid transaction velocity in 2015 drive some new faces onto the NMHC 50 Owners list. Read more

NMHC 50: Managers Follow the Opportunity Multifamily Executive NMHC 50: Managers Follow the Opportunity

Heavy transaction volume created an abundance of new business opportunities for managers, both large and small, in 2015. Read more

NMHC Top 25: Big Developers Get Even Larger Multifamily Executive NMHC Top 25: Big Developers Get Even Larger

High construction costs, tight lending requirements, and uncertain land availability strongly favored the established developer in 2015. Read more

NMHC Top 25: General Contractors Pick Up the Pace Multifamily Executive NMHC Top 25: General Contractors Pick Up the Pace

Thanks to a near 30-year high in multifamily starts, GCs had little worry about finding work last year. The hard part was finding the workers. Read more

Touch
Dominium Turns Historic City Building Into Popular Urban Apartments Adaptive Reuse Dominium Turns Historic City Building Into Popular Urban Apartments

Developer overcomes significant challenges to transform 1913 structure in downtown St. Louis into a successful mixed-use high-rise with artists' lofts and studios, market-rate units, and university satellite space. Read more

Mobile Marketing: Reaching Students by 'Food' Truck Multifamily Executive Mobile Marketing: Reaching Students by 'Food' Truck

Instead of bringing students to their properties, Haven Campus Communities is bringing their properties to students. Read more

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