MHP Reflections

Tell me my lying eyes are wrong

The stock market continues to free fall, as do oil prices, even as the dollar strengthens against the whims of China. U.S. growth, as measured by GDP, sighed softly in Q4 to an estimated...

Making hay whilst there’s daylight

One might gather that there’s a pivot back to private capital as 79,000 apartment units have left the hands of publicly traded REITs for the greener portfolios of private equity firms. Just a few...

Prescience: knowledge of things before they happen

A 2014 historical study suggests that not since the Civil War have we been so polarized as a nation. Climate change, immigration, Fair Housing law. The issues are many, and both the emotions, and...

Don’t mess with the bull

That’s where numbers become important. Numbers drive our operations, set our projections and bear our cash flow, and right now the numbers are some of the best most of us have seen, and a...

Did you feel that?

After a temblor we always check for the intensity and the epicenter. It’s a ritual that comes with living on a fault line. Perhaps a lot like living in today’s economy. And just as...

America was built by thinkers

One’s ability to work through challenges has a cascading effect on every level of society. Such a skill also strengthens our stream of renters and their ability to pay rent, be responsible citizens and...

Be fearless

The value of stuff Ambiently determining the value of stuff may be our newest religion. It may or may not include free and fair market, inherent worth, or supply and demand. Generally, it’s complicated, debated and...

Trust the fabric

As my darling grandmother, a seamstress by trade would say, a good seamstress trusts the fabric. And I do. Our best days are ahead, most assuredly, and I am excited by morning’s first light. Multifamily continues...

The soul of success

From the tales of his tirades, it sounds like he missed his yoga class. Go figure. Even the laid-back, button-down Californians are stressed these days. That, and it may continue to be open season on...

The tick tock of economics

My grandmother had a penny jar, while my father insisted we eliminate the one dollar bills and round up when playing Monopoly. The philosophical difference was not lost. So why do policy makers seem to...