Wednesday, October 16, 2019

Article

Prometheus exits fee business

San Mateo-based Prometheus is exiting the sector to focus its energy more on its growing development pipeline, said Darren Carrington, senior vice president of portfolio management for Prometheus. Prometheus will continue to manage its...

Uptown, turnaround Jerry Brown

On a coast filled with dreamy, seaside cities, Oakland is more like a Midwestern industrial town dropped far from home. Mayor Brown points out, “most of the people who work downtown, live elsewhere. They...

Pillars of the Industry Awards

It's official: the basic box is dead. That holdover from the fifties, the flat-roofed, flat-walled rectangular building that passed for multifamily housing for so long is nowhere to be found among the finalists of...

Forest City shifts focus to core markets, selling land portfolio

David J. LaRue, president and CEO of the Cleveland-based company, said the push will lay "a foundation for accelerated value creation." The disclosure is aimed at increasing transparency and aiding investors in assessing Forest...

The hunt for lions

Building just such a team is a crucial in your company's ability to operate smoothly and navigate the changing business landscape while increasing productivity and motivation. It starts with recruiting the right talent By recruiting the...

Taking stock

Most analyses of the multifamily market present the view from developers, owners and managers on the state of the industry and their respective portfolios. The investor view of the market is equally important, if...

Equity Residential vies for Archstone, again

Archstone is a private company which owns, operates and develops multifamily apartment properties. It was owned by a consortium of financial institutions including Bank of America, Barclays, and the bankruptcy estate of Lehman Brothers...

Rev up the work engine

We all have days when we just don't feel energetic and with it. But when you've got work to do -- whether in your job, building your own business or around the house --...

Retail has been reeling. What’s in store for multifamily owners with retail?

Retail troubles across the country have left malls looking like ghost towns, killed iconic brands like Toys “R” Us and shuttered stores along Fifth Avenue. And in a city where a good chunk of...

In hot water

When, in September 2015, the 182-unit Avalon Hayes Valley apartment complex in San Francisco was awarded LEED Platinum Certification in the Multifamily Midrise category, it was only the most recent expression of the ongoing...

When you can’t turn it off

Psychologists, demographers and others say we pass over time off for many reasons--everything from an entrenched Puritan work ethic to fear of being seen as reckless slackers relaxing while the economy burns to simply...

Smart measures

Peter Drucker, the man who has been called the inventor of modern management, is credited with saying, "You can't manage what you can't measure." That adage holds true in the multifamily space, where comps...

Great expectations

Although on-campus housing likely will remain a necessity, recent research by the National Multi Housing Council suggests that college students actually elect to live off campus in apartment communities replete with social gathering spaces,...

Gas prices to rise again

Prices could spike another 60 cents or more by May. "I think it's going to be a chaotic spring, with huge price increases in some places," says Tom Kloza of the Oil Price Information...

How to stop saying “um,” “ah,” and “you know”

When we find ourselves rattled while speaking—whether we’re nervous, distracted, or at a loss for what comes next—it’s easy to lean on filler words. These may give us a moment to collect our thoughts...
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