• Ready for launch

    • 2011-06-19
    • PEGGY SHAW

    "We think it's a great time to grow these enterprises," said UDR CEO Tom Toomey of the expansion in the apartment industry. "You can't sit there and look at the wall of demand that keeps growing and not feel enthused about your investments and where they might be headed.

    "I think the industry is facing an interesting and very intriguing set of ne


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  • Fannie Mae focuses on affordable housing

    • 2011-06-19
    • Carisa Chappell, reit.com

    While there are 15.2 million occupied multifamily rentals in the U.S., Fannie Mae reports that market conditions suggests that number will not meet the growing demand. Industry experts attribute the growing need to the inching economic recovery, and change in attitude toward homeownership.

    "Ongoing cross-currents in the country's economy and the


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  • What about apartments?

    • 2011-06-19

    Parrell testified in May on behalf of the National Multi Housing Council (NMHC) and the National Apartment Association (NAA) before the Senate Banking Committee's hearing on housing finance reform.

    Highlighting elements of the existing housing finance system that worked, he explained that Fannie Mae and Freddie Mac's multifamily programs were not


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  • Rental market requires new housing policy

    • 2011-06-19

    Speaking to more than 300 of the nation's leading apartment executives, observers from both sides of the political spectrum expressed the need for ongoing federal intervention in the housing market. Industry experts examined how apartments will change based on the preferences of today's renters.

    Republican Doug Holtz-Eakin, president of the Ameri


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  • 5 reasons you can't concentrate

    • 2011-06-19
    • Jessica Girdwain, health.com

    For adults who have attention deficit hyperactivity disorder (ADHD), chronic inattentiveness becomes debilitating.

    "We see an influx of adults being diagnosed around age 38," says Timothy Wilens, MD, an associate professor of psychiatry at Harvard Medical School. "That's right around the time people start multitasking more, juggling jobs, familie


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  • Fannie and Freddie: cool heads prevail warn regulators

    • 2011-06-19
    • Rachelle Younglai, Reuters

    The mortgage buyers, now controlled by the government, and their regulator, the Federal Housing Finance Agency, are "facing challenging times," the agency's head Edward DeMarco told a congressional panel.

    Republican lawmakers are leading efforts to overhaul the country's housing finance system. Topping their list is eliminating Fannie Mae and Fre


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  • Renters growing in numbers

    • 2011-06-19
    • Andrew Edwards, The Sun

    The trend away from home ownership to renting appears to reflect not only the weakening of personal finances, but a move away from long-held notions of home ownership.

    "There's the American dream, that owning a home improves and strengthens communities," said John McIlwain, a senior fellow at the nonprofit Urban Land Institute. "But what we've le


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  • Come together right now

    • 2011-06-19

    From the minute you meet Natalie, you know she is meant for greatness. She exudes poise and strength, well beyond her years. And she is determined.

    Jeff Stack, managing director of Sares-Regis, is a multifamily owner, manager and developer in Irvine, Calif., and long-standing pillar of the industry. He and his wife, Nancy, have launched a private


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  • Multifamily green retrofit case study

    • 2011-06-19

    First, an energy and water consumption assessment was commisioned. Simcoe Consulting was designated.

    The County of San Diego had just raised the drought warning to a level two for the City of San Diego, and the local water provider, Padre Dam Water District, had steadily raised water and sewer rates in recent years. The property owner, a private


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  • Where the buck stops

    • 2011-06-19
    • WENDY BROFFMAN

    Simply put, green value is beginning to trump green hype, says sustainability consultant and certified green building professional Jim Simcoe, who made some predictions about the green building arena at the end of 2010.

    For instance, a study commissioned by the State of California that evaluated 33 LEEDcertified buildings, found that higher initi


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  • Renters talk with their wallets

    • 2011-06-19
    • WENDY BROFFMAN

    Fifty-three percent of the 1,053 renters surveyed by Strata Research for HD Supply Facilities Maintenance Star said they would. Of those, eight percent said they definitely would. The survey was conducted last December among renters 18 and older, who had either moved in the past six months or planned to move in the next six months.

    But are these


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  • Tune-in. Plug-in.

    • 2011-06-19

    SemaConnect, a start-up company in Baltimore, Md., is offering apartment owners the opportunity to plug into the electric car trend and earn ancillary income in the process.

    Founded just two years ago, SemaConnect is offering an electric car charging system called ChargePro that allows apartment owners to collect payment and profit through the us


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  • It's the law

    • 2011-06-19

    If the incident involving Dominique Strauss-Kahn had taken place in Paris rather than New York, the complainant would have likely been talked out of pressing charges, said Abigail Saguy, a sociologist at the University of California in Los Angeles.

    "I think it is definitely unthinkable, and this is the reason why people in France are so stunned t


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  • Referrals work

    • 2011-06-19
    • Philipp Schmitt, Bernd Skiera, and Christophe Van den Bulte. hbr.com

    We studied 10,000 accounts in a large bank over a period of three years, and found that customers obtained through referrals are both more loyal and more valuable than other customers. After controlling for such factors as age and gender, we calculated that referred customers are, on average, about 18 percent more likely than others to stay with th


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  • The Closer

    • 2011-06-19
    • Doug Korthof

    Whenever there is a new thing, people want to prepare for it, beat out others and make some money. Sometimes, the reality is dwarfed by the hype. But even then, the crafty may make money from government grants, if not the fad itself.

    The advent of plug-in cars, or "EVs," has been hyped-up beyond the fad level. There now may be 3,000 plug-in cars


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