• Risky business pays off

    • 2015-05-22
    • PEGGY SHAW

    And, they're expecting equally satisfying results from communities underway and in their pipelines.

    Equity Residential
    "There is absolutely no doubt that we continue to enjoy very strong apartment demand across our core markets," said Equity Residential CEO David Neithercut in his introduction to the company's Q1 earnings cal


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  • MHP Reflections

    • 2015-05-22
    • Linda Hoffman, Publisher

    The economy contracted. And, about the same time, California had a swarm of minor earthquakes. Maybe it's sheer coincidence, but I don't think so.

    After a temblor we always check for the intensity and the epicenter. It's a ritual that comes with living on a fault line. Perhaps a lot like living in today's economy. And just as Californian


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  • GSA lenders shift into high gear

    • 2015-05-22
    • Mark Heschmeyer

    Fannie Mae and Freddie Mac each purchased more than $10 billion in multifamily loans in the first quarter of 2015, providing financing for more than 274,000 apartment units. The problem is, both GSEs operate under a $30 billion annual cap on such purchases. At their current pace, Fannie and Freddie would hit their caps by the third quarter, leaving


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  • Strong tail wind

    • 2015-05-22
    • Bendix Anderson

    Apartment rents grew more quickly in April than in any other month since the recovery from the financial crisis, according to data released by MPF Research on May 11. "Rent growth in April 2015 topped the previous highs we saw during this cycle back in 2011," says Parsons.

    Very strong demand would help absorb the flood of new apartments


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  • Staying at the table

    • 2015-05-22
    • Bendix Anderson

    "The general consensus is that there is no consensus and nothing will get done this year," says Clifton Rodgers, senior vice president for The Real Estate Roundtable.

    Despite the long odds, apartment experts continue to visit lawmakers on Capital Hill. Action is still possible for proposals that could affect taxes on foreign investment o


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  • Separation of church and cubicle

    • 2015-05-22

    But these bills might mask a trend of the past two decades among those with sincerely held religious beliefs: Workers are increasingly bringing theology into the office, factory, retail space and public sphere and expecting greater and sometimes surprising forms of accommodation. As a result, religious conflict in the American workplace is up. "It'


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  • :-)

    • 2015-05-22
    • Andrew Brodsky

    Is she angry? Offended by your email? Or just very busy? When I conduct research with organizations on the topic of communication, one of the most common themes raised by both employees and managers is the challenge of trying to communicate emotional or sensitive issues over email. Email, of course, lacks most normal cues for relaying emotion, such


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  • Pricing mobility

    • 2015-05-22
    • WENDY BROFFMAN

    According to Donald Davidoff, founder of D2Demand Solutions, a technology consulting firm specializing in the multifamily housing industry, and former Archstone Smith REIT's group VP of pricing and revenue management, automated revenue management systems are the most impactful use of analytics to ever hit the multifamily industry.

    In the


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  • 11 traits of the ultra-productive

    • 2015-05-22
    • Travis Bradberry

    It feels incredible when you leave the office after an ultra-productive day. With the right approach, you can make this happen every day. You don't need to work longer or even do more-you just need to work smarter. Try these 11 productivity hacks that ultra-productive people rely on:

    1. They never touch things twice
    Productiv


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  • The plight of smokers and the trend toward smoke-free

    • 2015-05-22
    • Peter Keough

    He took his habit to the streets, or rather to the front steps (still part of the property), wedging the door open if he happened to go for a stroll, not only adding toxic fumes to the air but creating a security risk. When spring arrived, the melting snow revealed, along with crocuses and dog poop, his scattered butts.

    Other tenants ask


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  • Rental rates rising among the retiring

    • 2015-05-22
    • David LaMartina

    In lieu of the stability and security homeownership (supposedly) provides, more and more retiring baby boomers are choosing the convenience and flexibility of apartments and condominiums.

    In fact, a recent study by Harvard University's Joint Center for Housing Studies found that rental rates steadily increased among seniors aged 55 to 75


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  • Government constraints could kill multifamily boom

    • 2015-05-22
    • Brian Collins

    Although regulators recently loosened Fannie Mae and Freddie Mac's cap on multifamily purchases, it still acts as a potential constraint, along with the tightening of the Federal Housing Administration's Section 223(f) insurance program, a key source of multifamily refinance lending.

    Still, for now business is booming as the market antic


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  • Cracks in the multifamily narrative

    • 2015-05-22
    • Sam Chandan

    Rising rents and asset values are reinforcing the industry's favored narrative: younger Americans will remain enamored of the flexibility of renting and the enticements of the urban environment, easily absorbing new inventory and buttressing multifamily prices.

    As the narrative has evolved, from entrenched to inflexible, its unambiguous


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  • Techno savvy multifamily

    • 2015-05-22
    • Aaron Meyerson

    As Internet technologies become more critical to residents' business operations, how wired a community is becomes an even greater factor for prospective residents in making the decision to move in. Here are the four most critical things to know when it comes to capitalizing the tech ecosystem within your community and interfacing with those dreaded


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  • How to improve self-esteem: a new secret from research

    • 2015-05-22
    • Eric Barker

    But it's had some negative effects on the world too-like an epidemic of narcissism.

    Oh, and there's one other teensy weensy little problem with trying to boost self-esteem to deal with that critical voice-It doesn't work.

    Self-esteem isn't the answer
    This focus on improving self-esteem got to the point where the St


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  • Betting on the City of Angels

    • 2015-05-22
    • Steve Pellegren

    Developers are seeing a diverse group of residents and buyers who want to occupy amenity-rich complexes of varying types-lofts, mid-rises and high-rises-and have worry-free, beautiful urban living in environmentally-conscious, yet luxurious settings.

    Although price escalation for ultra-high-end multifamily condo housing is showing signs


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  • The importance of words

    • 2015-05-22
    • Emily Ekins

    Fully 66 percent of Americans have an unfavorable opinion of an economy managed by the government while 58 percent have a negative view of socialism. Only 21 percent reported a negative opinion of free markets but nearly double that, 38 percent, have a negative view of capitalism.

    Interestingly, while younger people have a more positive


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  • The light of civility

    • 2015-05-22
    • Christine Porath

    Being respectful doesn't just benefit you, though, it benefits everyone around you. In a study of nearly 20,000 employees around the world, I found that when it comes to garnering commitment and engagement from employees, there's one thing that leaders need to demonstrate: respect. No other leadership behavior had a bigger effect on employees acros


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  • Turnabout is good play

    • 2015-05-22
    • Ray Wang

    Because of those short-term bets and strategic pivots, organizations are struggling to meet ever-changing customer needs, are challenged to drive margins, and find themselves vulnerable to non-traditional competitors and unattractive to potential employees. This confluence of forces has led 52 percent of the Fortune 500 to be acquired, merged, go b


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  • The Closer

    • 2015-05-22

    Congress is working again. It's negotiating deals, voting on amendments; and yes, actually compromising on serious issues.

    An overall uptick in activities on Capitol Hill means that work is also being done on issues important to the multifamily industry. NMHC's political team continues to collaborate and educate lawmakers on our position


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