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Signs of Life

Mistaken for dead, some midwest cities are flourishing while others are fighting... More

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Creative Freedom

Residents of Jackson, Mich., initially accepted the news that the local National... More

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Going, Going, Gone

A step-by-step look at how to use auctions to clear out excess inventory. More

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Geography, Value-Add to Dominate 2008 Portfolio Selling Atmosphere

For such diverse companies as Home Properties, Equity Residential, and Merrill Gardens, it's all about selling off multifamily portfolios in particular geographic areas and using the proceeds to move in to more lucrative markets, or funding new opportunities for growth. More

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Industry Responds: Who Will be the Next HUD Secretary?

An exclusive online poll offers insight into the types of candidates the housing... More

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Fortune Smiles: MFE 2008 Strategies Survey Results

Greystar South regional manager Stacy Hunt is sitting in the sweet spot. Of the 92,000 apartment units his company has under fee-management, his region boasts 33,000, including 8,000 Greystar acquired for its own portfolio over the past three years. This year, Greystar will add an additional nine properties via development and will work lease-ups for Wood Partners and Trammell Crow Residential, among others. Let the naysayers complain that the crash and burn on the single-family side has yet to make an impact. Hunt says it's already here. More

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The Apartments at 1251 S. Michigan

Chicago More

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Lake House: Waukegan Redevelopment

Waukegan, Ill., is saying goodbye to manufacturing and hello to lakefront living. The small town north of Chicago wants to capitalize on its greatest asset—Lake Michigan—and transform the industrial lakefront area into a vibrant mix of residential, retail, and recreational offerings. But there are major roadblocks: the relocation of a National Gypsum Co. wallboard plant and a Lafarge cement distribution centers, not to mention the EPA-mandated environmental cleanup of contaminants in the harbor, which could cost up to $36 million. Plus, more than 80 workers from the two plants would be displaced if the plan goes forward. More


New York City—This September, as the housing credit crisis on Wall Street stretched into its third month, Moody’s Investors Service issued a report trumpeting the “great demand” for housing targeted to workers such as teachers, policemen, and nurses. More

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Record Breakers: Giant Multifamily Deals

Even in the shadow of the Sears Tower—the tallest skyscraper in the United... More

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