Business Specialties
EDITOR’S NOTE: FHA Watch
Will the Federal Housing Administration (FHA) be next to need the government to keep it afloat?
REITs Amass Capital Raised on Public Markets
REITs have been raising capital on the stock market in earnest since the beginning of this year.
GUEST COLUMN: Multifamily Property Management—Truly a New Paradigm
October 08, 2009 – Fifteen years ago, we were in the midst of the last big recession. Then, as now, the crisis was caused both by the general economy as well as illiquidity in the financial markets. Today, however, the multifamily sector is light years ahead of where we were in the last go-around. This time, the major players in our sector, mostly REITs, are fueled by stable capital structures, but, more importantly, by operating platforms with a scale and sophistication unimaginable fifteen years ago.
Editor’s Note: Will Preserving our Earth Through Mandates Work?
A few new developments in the sustainability world have come to pass since my last note.
Perspective: How Central Policy Extended the Recession
The timing of this recession could not have been worse. The National Bureau of Economic Research puts the start at January 2008. This coincides with the final leg of the lame-duck Bush Presidency. Regardless of your politics, it is clear that the Bush administration a) lacked the political power to produce apic1n all-encompassing response, and b) realized after Lehman’s demise that the complex, global recession developing was going to require a long-term solution.
Apartment REITs Register Total Returns of 38% in 3Q
New York—REITs posted their best-ever quarterly gains since the NAREIT indexes’ inception in 1972.
REIT Troubles Subside: CWSG Capital Markets Update
The REIT tsunami that struck the industry in late 2008 and continued into 2009 has officially subsided. During the past five months, the REIT industry has raised $20 billion of new debt and equity, and even companies whose very survival was in question are now raising unsecured debt at attractive pricing.
Preserving the Past
What could a Japanese pagoda, a Swiss chalet, a Dutch windmill and an Italian villa possibly have in common? They, along with eight other architecturally distinct homes share a 32-acre campus with 116 multifamily residences in Forest Glen, Md.
Portal Protocols
Resident portals are mini sites where tenants can pay their rent, check out activity calendars and request maintenance service. Owners and managers are finding that these portals are must-have amenities today, impacting both resident retention and leasing efforts.
Preserving the Past
What could a Japanese pagoda, a Swiss chalet, a Dutch windmill and an Italian villa possibly have in common? They, along with eight other architecturally distinct homes share a 32-acre campus with 116 multifamily residences in Forest Glen, Md.