• UDR logistics: The art of the right turn

    • 2014-04-08
    • PEGGY SHAW

    On a year-over-year basis, the REIT saw reductions in spending on apartment community upkeep of 4.1 percent in Q1, 11.7 percent in Q2 and another 5.2 percent in Q3, ending the year with repairs and maintenance expenses down 4 percent from 2012, thanks to a program that was initiated a couple of years ago when UDR execs came to the realization that


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  • MHP Reflections

    • 2014-04-08
    • Linda Hoffman, Publisher

    Lincoln got it right.

    Storytelling may, indeed, be the secret to life. I come from a long line of storytellers. Hailing from a large Catholic family, you either perfected the craft and rose to the top of the dinner conversation pyramid or risked fading forever into pass-the-potatoes oblivion. The competition at our dinner table was serious bu


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  • The buy boom

    • 2014-04-08
    • Kristen D'Andrea

    A recent industry survey conducted by Beech Street Capital, a Capital One company, reports that multifamily housing acquisitions are on the rise, driving an increase in demand for acquisition financing. Nearly half of the multifamily housing professionals surveyed plan to grow their portfolios this year, while only 18 percent expect to reduce their


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  • Sticks in the ground

    • 2014-04-08
    • Elliot Njus, oregonian.com

    The miracle product? Wood.

    Some architects and engineers say new wood products are making it possible to build wooden structures much taller than had previously been considered safe.

    Now the U.S. Department of Agriculture is throwing its weight behind those emerging technologies. In Washington, Agriculture Secretary Tom Vilsack announce


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  • Gun deposit?

    • 2014-04-08
    • Mark Brown, suntimes.com

    Although the state's new conceal carry law allows private property owners to prohibit handguns on their premises, operators of residential rental properties are still sorting out how that applies to them.

    Can they ban guns entirely from their buildings, or only in common areas such as laundry rooms or rooftop sun decks?

    While it's clear


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  • Lincoln leadership lessons

    • 2014-04-08
    • Eric Barker

    Here's what Honest Abe did, why it works and how it can make you a better leader.

    Get out of the office and circulate among the troops
    In 1861 Lincoln spent more time outside the White House than in it. It's believed he met every single Union soldier who enlisted early in the Civil War. How's that for being an accessib


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  • The uncertainty trap

    • 2014-04-08
    • Brenda Cronin, wsj.com

    Common sense says that economies, like people, take a while to regain their courage after a scare. Still, other forces, such as bargain basement prices and the chance to beat competitors to the punch, should spur activity once the worst is over. Why do negative forces sometimes win out for so long?

    The chief culprit: the "uncertainty trap," a


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  • Pat, the story

    • 2014-04-08
    • LISA BENSON

    Secretly, she hoped for a management contract resulting from the previous pitches she made while regional VP at Legacy Partners. Instead, she was taken aback by the much more prominent role she was asked to take in Hamilton's aggressive, strategic asset management plan.

    Eighteen months later, Hutchison was at the helm of the newly-minted Miss


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  • New starts shift to apartments

    • 2014-04-08
    • Conor Dougherty, WSJ, other contributors: Kirk Pinho, Jonathan Van Dyke, Olivia Pulsinelli

    Residential construction-a pillar of the economy and employment-is starting to ramp up again overall, but in previous years the growth was driven by single-family homes. Last year, according to census data, construction was started on a little less than one million new residential units, and about one-in-three of those was a rental in a multifamily


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  • The tsunami of business intelligence

    • 2014-04-08
    • LISA BENSON

    Such data will be parsed into bite-sized marketing messages and strategically redirected back to us in an effort to parlay our every preference into a purchase.

    The TV news show, 60 Minutes, did a story, the Wall Street Journal recently reviewed the topic, and the last issue of Multihousing Professional included an editorial piece about prosp


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  • The big move

    • 2014-04-08
    • Tucker Echols and Daniel J. Sernovitz, Washington Business Journal, Lynne Marek, Crain's Chicago Business

    Classified Ventures is a joint venture among five media companies including Chicago, Ill.-based Tribune Company, McLean, Va.-based Gannett Co.; Sacramento, Calif.-based McClatchy Co.; Washington-based Graham Holdings Co., (whose owners formerly owned the Washington Post); and Dallas-based A.H. Belo Corp. Its other well-known holding is Cars.com. <


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  • Harness your big data now

    • 2014-04-08
    • LAURYN SCHIMMEL

    Most likely, your management team is already awash in technologies that peripherally surround the property operations experience: property management software, websites, portals, email, voicemail, social media, corporate account systems; Excel spreadsheets; Internet listing services (ILS), outsourced utility billing, electronic payments, asset mana


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  • Building lures

    • 2014-04-08
    • Cathy Locke, Sacramento Bee

    The changes are backed by the building industry but have drawn protests from advocates for low-income tenants.

    "It's a race to the bottom," said Darryl Rutherford, executive director of the Sacramento Housing Alliance.

    Mixed-income, or inclusionary housing policies, require that new housing developments include a certain percentage of u


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  • Old school transformed into net-zero apartments

    • 2014-04-08
    • Anita Fritz, recorder.com

    Finally realizing their dream, he and his wife, Barbara, stood inside one of those apartments in March watching that crew work on some of the final details of the more than $1 million renovation and prepared for an open house.

    The couple smiled as they discussed their green apartment building.

    The Zaccheos aren't new to the business of


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  • With lantern and with ladder

    • 2014-04-08
    • Paul Restuccia, Boston Herald

    The Park Square rental complex at Arlington Street and Columbus Avenue in Bay Village has been carved out of a 1927 Renaissance Revival building.

    Built for the Boston Consolidated Gas Co., it was part of the University of Massachusetts Boston campus in the 1960s and 1970s, and more recently it housed the Boston Renaissance Charter School.


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  • Rising tide raises all rates

    • 2014-04-08
    • Bobby Magill

    The state now expects all of the utilities it regulates to consider how sea level rise, extreme weather and other possible effects related to climate change will affect their operations and reliability as they make future construction plans and budgets. It's a model that experts say other states could use to address the ravages of climate change.


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  • Golden bucks

    • 2014-04-08
    • David R. Baker, sfchronicle.com

    Customers of California's big utility companies will receive "climate credits," small payments of money raised from the state's cap-and-trade system for controlling greenhouse gas emissions.

    "What we're hoping for is to engage ratepayers in the effort to fight climate change," said Mary Nichols, chairwoman of the California Air Resources Boar


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  • The relationship between anxiety and performance

    • 2014-04-08
    • Scott Stossel, adapted from his book, Age of Anxiety. Graphics: Dennis McCafferty from survey byMozy EMC.

    It was just a middle-school tennis match against a manifestly worse player, but I became overwhelmed with anxiety. Before we'd started, the most important thing was to win. But during the match, I just wanted to get off the court fast. Burping uncontrollably, afraid of throwing up, I hit balls out. I hit them into the net. I double-faulted. And I l


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  • Breaking the breaker box

    • 2014-04-08
    • Jack Smith IV, betabeat.com

    The graphs are monitoring the energy use of the tech incubator, which houses over a dozen startups focused on clean tech and infrastructure. One of the startups hosted here is Enertiv, who are unrolling a system that is giving us a look at how we're using our energy, more closely than we've ever had.

    The rewards are immediate and clear.


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  • The Closer

    • 2014-04-08
    • Matt Ridley

    The United Nations' Intergovernmental Panel on Climate Change will shortly publish the second part of its latest report, on the likely impact of climate change. Government representatives are meeting with scientists in Japan to sex up-sorry, rewrite-a summary of the scientists' accounts of storms, droughts and diseases to come. But the actual rep


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