Thursday, March 28, 2024

Cover story

Absolute zero

Decades of underinvestment and underbuilding continue to deepen a national housing shortage decoupled from demand since the 1980s. This was recently underscored by a report released in June by the National Association of Realtors...

Fighting the CDC eviction ban

In the midst of the COVID pandemic, the Centers for Disease Control (CDC) took the unprecedented step of banning evictions nation-wide, characterizing the action as a public health measure. The action spawned lawsuits across the...

Excellence in multifamily housing

The National Association of Home Builders (NAHB) has sponsored the Pillars of the Industry awards for more than 20 years. The awards recognize excellence in all areas of multifamily home design, development, building, management and...

The nation’s best

The National Association of Home Builders (NAHB) defines excellence in the multifamily home industry. For over two decades this recognition has noted the “significant achievements in the design, development, marketing and management of multifamily...

Suburban rise

Desperate landlords now offer as much as three months free rent to potential renters at new, Manhattan apartment towers. “There is a considerable amount of pain—20 to 25 percent declines in effective rents,” according to...

Leasing in a pandemic

The crisis caused by the coronavirus has forced many property managers to finally embrace new technologies. When the U.S. economy shut down in March 2020 to fight the spread of the coronavirus, some apartment companies...

Business as unusual

As cities, counties and states begin loosening lockdown orders and allowing non-essential businesses to open, apartment owners are weighing strategies to ride out the economic disruption caused by the COVID-19 pandemic and finding slivers...

The work in hand

The rapid advance of cyber technology is rendering what was new yesterday old hat tomorrow. Internet listing services that were cutting edge a decade ago are considered outdated as potential renters go directly to...
Modera Sedici Exterior

From sea to shining sea

The winners of top honors in the National Association of Home Builders’ 2019 Pillars of the Industry competition are providing new housing for military service personnel and university students, affordable apartments for low-income residents...
Anaha pool

Pillars 2020: Stepping it up

The national obsession with counting steps in the pursuit of physical fitness has spawned a plethora of pedometers in the marketplace and a trend toward pedestrian-oriented neighborhoods in the multifamily world. More than half of...

The changing face of rentals: single-family

Second quarter data for 2019 reveal that approximately 42,000 homes were constructed as single-family built-for-rent homes over the last year—equal to the prior four quarter starts total—representing about 5 percent of single-family construction. Although...

HUD proposes new disparate impact regulations

The United States Department of Housing and Urban Development (HUD) released a sweeping proposed rule on August 1 seeking to amend HUD’s interpretation of the Fair Housing Act’s disparate impact standard. According to HUD, the...

Rent control laws seize New York apartments

Last ditch attempts by real estate developers to thwart final approval of rent control legislation was just too late, reported the New York Times. “There was some arrogance on the part of the real estate...

Breathing new life

Parcels at Concourse, crowned Community of the Year by the Pillars judges, not only revitalized a long-deserted historic building in a declining area of Memphis, Tenn., but also incorporated an impressive array of uses...

Artful amenities

While dog parks, pool decks, community-wide WiFi, granite countertops, bike storage and repair areas and package delivery centers are becoming commonplace, apartment and condominium developers are challenged to add ever more innovative amenities to...
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