Article

Broadband’s tangled web

It’s no secret that technology, especially high-quality internet service, is critical to attracting and retaining residents. According to the National Multifamily Housing Council (NMHC)/Kingsley Apartment Report’s most recent survey, 94 percent of respondents ranked high-speed...

Mixing it up

The mostly urban projects that captured the judges’ votes echo a popular and growing trend—the inclusion of ground-floor retail and dining establishments that add another revenue stream to a community’s earnings and enhance resident...

Aging baby boomers still want it all

As a segment of the growing senior population seeks upscale urban living, an affordability crisis looms. Michael Gordon, VP of planning and development for a Boston real estate firm, has been counting down the days...

The truth about workaholics: it’s not always bad

We think of the workaholic as someone hunched in a cramped office in rumpled clothing, sweating over a hot computer while the hours crawl by and everyone else has gone home. Or someone obsessively...

Those things that ignite the soul

CSR initiatives encompass a company’s efforts to promote positive societal, economic or environmental change. The initiatives are self-regulated, and the scope and scale of CSR programs can vary widely. The results, however, share common benefits....

That upon which we focus, increases

The apartment industry isn’t known for being an early adopter of new technology, but a new wave of venture capital (VC) targeting new technology in the commercial real estate (CRE) sector may change that...

Airbnb: The $31 billion gorilla in the room

A 2016 NMHC survey found that just 1 percent of apartment owners currently allow home sharing, while 42 percent conceded their residents list units on Airbnb despite leases explicitly prohibiting short-term rentals. Preliminary numbers...

To top it off

Developers are working overtime to squeeze outdoor amenities into their new apartment buildings, even in urban neighborhoods where the only place to put an outdoor amenity would be on a rooftop. “You can’t build a...

6 ways Millennials are influencing the multifamily market of the future

From apartment design and amenities selected, to the size of the units and the technology incorporated within them, this generation, which is anticipated to reach 70 million by 2024, is certain to influence housing...

From mall to ecosystem

Construction has started on a 23-story upscale apartment tower at Westfield UTC, a one-million-sq.-ft. outdoor center in San Diego, but the project is much more than the redevelopment of an upscale retail center owned...