May June 2013

Making hay while the sun shines

"The economy appears to be on a path of sustainable growth. U.S. businesses have healthy balance sheets and plenty of liquidity-consumer debt has declined...

Lean into it

American optimism lives, though scuffed. The latest Gallup Poll shows an uptick in the Economic Confidence Index, after a six-week "morose." Pundits caution that...

Apartment mortgages late but improving

The delinquency rate for mortgage loans on residential properties increased to a seasonally adjusted rate of 7.25 percent in 2013 Q1, an increase of...

Big deal in the Big Apple

The city has taken its first step toward what may be a wave of new development on Halletts Point peninsula, a long-neglected area south...

Hitting the brakes

Hundreds of thousands of units are on the verge of being complete, prices in the housing market are improving and the economy is doing...

Buffet pivots

The commercial mortgage originator and servicer plans to expand its financing of offices, retail properties and hotels, said Hugh Frater, Berkadia's CEO. The bulk...

When something’s just not right

The problem these developers face is another type of shortage; finding qualified manpower. Like many of those in the trades, construction managers and designers...

Alliance fires it up

The company's fee management business is keeping pace with its development growth, closing out 2012 at 58,000 units. "Today we are at 68,000 units, so...

Service and comfort animals-must landlords accommodate?

A no pet policy prohibits tenants from keeping pets of any kind in their apartments. However, owners and management companies have certain legal obligations...

Industry leaders discuss the path to housing recovery

However, for a sustained recovery, housing supply must increase with both new construction and regulatory reforms that could bring to market homes that are...

A smaller, gentler HUD

The changes, which include consolidating multifamily hubs nationwide and closing 16 smaller offices, affect approximately 900 of the Departments' 9,000 employees. While implementation will begin...

Consumer credit growth decelerates in March

The consumer credit reading includes most short and intermediate-term credit extended to individuals. It does not include loans secured by real estate, so mortgages...

7 fun facts about corporate taxes

On the assumption that, while this story will wax and wane over the coming months, it's not going away, here's some context (for you...

The 11,250 NYC apartments we love to hate

Many Stuy Town tenants are getting hit with big rent increases in the middle of their leases. Even after years of litigation, shell-shocked tenants...

Is infill tapped out?

The coming-of-age of Echo Boomers, combined with disillusionment with home ownership, caused a good chunk of the population to flee to rentals. Added to...

Involuntary part-time jobs growing

And there are signs the Affordable Care Act-Obamacare-is swelling those ranks as employers prepare to reduce their health insurance coverage responsibility for full time...

Little data makes big data more powerful

Big Data is what organizations know about people-be they customers, citizens, employees, or voters. Data is aggregated from a large number of sources, assembled...

Natural gas. Natural choice?

Increasing use of this cheap, clean gas means power stations across the country have reduced their carbon dioxide emissions to levels not seen since...

Fannie Mae to market $2.2 billion legacy CMBS

The holdings are significant-some $2.2 billion-making it not only the largest transfer of risk in a year, but as Deutsche Bank noted in a...

How to lead when you’re not in charge

For all of the books (thousands) written on leadership, individuals (millions) who have participated in leadership seminars and dollars (billions) invested in leadership development,...

Turn-key ROI

For four decades, Cleveland, Ohio-based MRI Software has been a familiar player in the multifamily property management software arena. Ebbing in and out of...

Cut from the same fabric

The Loray Mill, which for decades produced fabric for car tires, in April began a $40 million conversion project that will create 190 apartments...

EPA’s back-room “Sue and Settle” deals require reform

Imagine, also, that the EPA and the Kochs then got a federal court to issue a decree ratifying the deal and giving it the...

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