Operations & Technology

Editor's Note: New Year, New Opportunities

Multifamily has much to look forward to in 2012.

Rent Rite Directory Incorporates Amber Alert into System

Courtesy of the Rent Rite Directory, property owners, managers and real estate agencies can now receive notification–in real time–of a child that has gone missing in their neighborhood directly from area police departments.

Anaheim Apartment Complex Bags $30M Refi

Amberway Apartments in Anaheim has obtained a $30 million Freddie Mac loan to refinance existing debt.

Aon Launches New Tenant Rent Default Insurance in U.S.

Aon, a provider of risk management services, insurance and reinsurance brokerage and human resources solutions, announced that it has partnered with QBE Insurance to release Aon Rent Protect, a new insurance product designed to reimburse landlords for lost income when tenants default on rent payments.

MRI Software Announces Acquisition of VaultWare

MRI Software, a developer of real estate management and investment software solutions for the global real estate industry, announced that it has acquired Realty DataTrust Corporation, the holding company for VaultWare.

AvalonBay Communities Launches Two New Apartment Brands

AvalonBay Communities announced the introduction of two new apartment community brands, “AVA” and “eaves.”

What Renters in Their Late 20s to Mid 30s Are Looking For

Renters in their late 20s to mid 30s are different from their early 20s counterparts. Here is a list of what they are looking for in an apartment.

Los Angeles Student Housing Community Captures LEED Platinum

A new USC student housing community called West 27th Place has just realized a rare achievement among the nation’s student housing. It is one of only a few such housing developments to garner a LEED Platinum rating.

A Technology Checklist for the 21st Century LIHTC Asset Manager

With the increased demands placed on LIHTC asset managers, it is more important than ever for all of us to take control of our data and analysis with a single, workflow-oriented and comprehensive database. It is easy for asset managers to get stuck in antiquated processes and it can feel daunting to start over. But with the stakes so high and the opportunities for efficiencies and improvement so vast, the LIHTC industry needs to take the leap into the 21st Century with technology for the 21st Century asset manager.

MiMA Condos Go Rental

The Related Cos. is putting 151 more residences at its development MiMA on the market as rental apartments, instead of the condos they were planned as under the name One MiMA Tower.