• West coast story

    • 2015-03-25
    • Wendy Broffman

    "It's a great time to own apartments on the West Coast," said Essex President and CEO Michael Schall during his company's presentation at the Citiglobal Property CEO conference held this March in Hollywood, Fla., where he updated attendees on the integration process underway at his company since the merger closed in April.

    Essex has been


    read more

  • MHP Reflections

    • 2015-03-25
    • Linda Hoffman

    Its back-bone, the apartment business, has evolved through ingenuity and problem-solving.

    One's ability to work through challenges has a cascading effect on every level of society. Such a skill also strengthens our stream of renters and their ability to pay rent, be responsible citizens and conscientious residents of our communities.


    read more back to top

  • 6 fascinating findings about micro-apartments

    • 2015-03-25
    • Matt Hickman

    Clever, cutting-edge, oh-so-cool and, when not being coveted, almost always a point of contention and source of controversy in the neighborhoods where they pop up-it's impossible to ignore the rapid ascent of micro-apartment developments when discussing urban housing trends.

    But despite all the chatter about pint-sized urban shoe boxes,


    read more back to top

  • 11 Body signs showing that someone is lying to you

    • 2015-03-25

    Dr. Leanne ten Brinke of the Haas School of Business at the University of California has undertaken recent research that suggests humans have pre-set instincts for detecting liars, however they are often overridden by our conscious minds.

    Instead of relying on our instincts, it's possible to determine whether someone is telling the whole


    read more back to top

  • What motivates you?

    • 2015-03-25
    • Gretchen Rubin

    Maybe you've worked with someone who met deadlines and followed through, but for some reason couldn't move forward on the goals they set for themselves? Or does that description fit you?

    In researching and writing Better than Before: Mastering the Habits of Our Everyday Lives, I realized that all of us differ dramatically in our attitude


    read more back to top

  • Wake-up call

    • 2015-03-25

    Globalization, flex hours and the work-at-home smartphone ever aglow are robbing many workers of sleep, and the consequences go beyond coming into the office with dark circles under the eyes. Several recent studies find that productivity, creativity and workplace morale are all taking a hit as a quickening capitalist society and the human need for


    read more back to top

  • Rent grows in cities of all sizes

    • 2015-03-25
    • Bendix Anderson

    "Three years ago, rent growth was primarily happening in the six or seven largest metro areas," says John S. Sebree, vice president and national director of the national multi-housing group for Marcus & Millichap's Chicago office.

    Today, the difference between the cities with the strongest and weakest rent growth no longer has mostly to


    read more back to top

  • Converting to a paperless rental office is not an option

    • 2015-03-25
    • Mike Radice

    Multifamily remains the most fragmented industry in the United States. That is, there is no REIT, private company, nor entity that has devised a single unifying operational model that works universally for every property, in every location, serving every demographic.

    Nor is there is there a national housing investment platform that, toda


    read more back to top

  • A housing market divided

    • 2015-03-25
    • David Dayen

    Housing markets get discussed in the media mostly through the channel of prices. Rising prices are considered good for the economy. They can connote increased sales, which would lead to more construction and real estate-related jobs. They also give homeowners more equity in their homes, and the consequent wealth effect-studies show personal spendin


    read more back to top

  • Green shoots in challenged markets

    • 2015-03-25
    • Peggy Shaw

    Washington, D.C., where most apartment REITs recently have experienced disappointing, albeit expected, results in occupancy and revenue, remains perhaps the most worrisome, although there are a few green shoots showing in the long-beleaguered market.

    During apartment REIT UDR, Inc.'s Q4 2014 earnings call at the beginning of February, Sr


    read more back to top

  • The hottest resident feature: building their credit score

    • 2015-03-25
    • Kenneth R. Harney

    Since most landlords aren't set up or approved to report rent payments to the national credit bureaus, their tenants' credit scores often suffer as a direct result.

    All this has huge implications for renters who hope one day to buy a house. To qualify for a mortgage, they'll need good credit scores.

    Young, first-time buyers ar


    read more back to top

  • Moving to the 'burbs

    • 2015-03-25
    • Nadja Brandt and Oshrat Carmiel with assistance from Hui-yong Yu

    "It was on the one hand reassuring to know that we were both chasing the same opportunity," said Hart, president and chief executive officer of closely held TruAmerica Multifamily. "On the other hand, it reinforced my opinion that large institutional real estate investors will be chasing yield far beyond the urban core."

    After years of c


    read more back to top

  • Conservation: getting back

    • 2015-03-25

    Headquartered in Costa Mesa, Calif.,NWP Services Corporation is a significant player in utility billing and management, submeter installation and management, and payment services. The firm has taken the lead in energy management by virtue of its footprint in utility billing, submeter installation and management, and payments systems. The company ca


    read more back to top

  • California offers energy efficiency financing for multifamily

    • 2015-03-25
    • Bendix Anderson

    In January, the state of California and the U.S. Department of Housing and Urban Development announced an initiative that would allow PACE financing to fit in with the existing financing for properties that had taken on loans from HUD, the California Department of Housing and Community Development and the California Housing Finance Agency.


    read more back to top

  • When learning at work becomes overwhelming

    • 2015-03-25
    • David DeLong

    Consider this: chief nursing officers (CNOs), who oversee large nursing workforces in midsize and major health systems, have knowledge-intensive jobs to begin with. These leaders barely have time to brush their teeth. But with the rapid implementation of electronic health records (EHRs), CNOs are now expected to master new trends in health care inf


    read more back to top

  • Sweet living

    • 2015-03-25
    • Murray McNeill

    Alston Properties has already gutted the 109-year-old Galpern Building in Winnipeg, Canada, and is poised to begin converting the six-story heritage building into 30 one-bedroom rental apartments and four two-bedroom townhouses.

    "Within a month, we hope to be full steam ahead on construction," Bryce Alston said. The hope is to have the b


    read more back to top

  • The Closer

    • 2015-03-25
    • Josh Zumbrun

    Two new pieces of economics research released by the Brookings Institution could upend a big piece of our understanding about economic inequality.

    Inequality has become one of the most hotly debated topics in economics, spurred on by Thomas Piketty's book Capital in the Twenty-First Century, which argued that inequality could inexorably


    read more back to top