Digital Edition
Read the November Digital Issue of MHN
The November issue focuses on technology, including a look at residents’ newest demands and the tools that can help property managers better operate their properties. We also feature the platinum and gold winners of the 2017 Excellence Awards and our ranking of this year’s Top 50 Property Owners, plus the NMHC’s evaluation of five big trends in student housing.
Charging forward
I have to admit to a longtime envy of the amenities offered to many apartment dwellers.
2017 Top 50 Multifamily Owners
While geopolitical, macroeconomic and real estate market uncertainty contributed to a modest slowdown in commercial real estate transaction activity to start off 2017, volume picked up as the year progressed, with prices remaining high and cap rates and interest rates still at historic lows.
Transactions: November 2017
The following is a list of transactions that were announced between April 24 and Aug. 26, 2017.
Everything but the Kitchen Sink
Government data provides us with telling characteristics of the 21 million apartments in the U.S., but there is much less data available on how apartment residents live in their homes and how those habits affect their energy consumption.
Power Solutions: Innovative Products Save Money, Energy
Besides their well-established function of making operations more cost-effective, energy-efficiency products are gaining a reputation as a marketing tool for attracting residents and investors.
High-Voltage Incentives
The financial and environmental rewards of improving energy efficiency are well known, yet even as upgrades become common practice, it’s fair to say that plenty of untapped opportunities await.
Read the October Digital Issue of MHN
This month focuses on Energy, including a look at programs that offer incentives in multifamily communities that could yield $3.4 billion in annual savings. Also featured is an in-depth interview with Eric Margules, founder & CEO of Margules Properties, who took his company from a one-man operation to a real estate firm with $300 million in assets.
Real Money
A billion here, a billion there, and pretty soon you’re talking real money,” Everett Dirksen once said, and the legendary lion of the Senate would have to admit that $3.4 billion is a nice chunk of change. That’s how much multifamily property owners could save every year through energy efficiency upgrades, according to a 2016 estimate by the American Council for an Energy-Efficient Economy.
Resident Attraction
Multifamily occupancy stood at 95.5 percent at the end of June, according to Yardi Matrix data, with rents continuing to climb, though at a reduced rate from the headier years of the post-recession recovery.