Viewpoint
Despite Rent Control, LA Attracts Outside Interest
As local buyer activity wanes, there has been expanded interest from young, aggressive investors without connections to the area, says investment broker Kimberly Stepp.
Innovative Zoning, Placemaking Revitalize a Small City
Sitting 25 miles north of New York City, New Rochelle, N.Y., has attracted developers who will produce a total of 6,370 new apartment units and 2 million square feet of new office space. The city’s commissioner of development explains how.
How Rent Control Reduces the Affordable Supply
The Institute of Real Estate Management’s director of government affairs takes a hard look at the economic and social impacts of these policies.
Keep Bridge Loans in Your CRE Finance Arsenal
As banks raise their requirements and construction costs rise, these loans have become an even more useful tool in the value-add and redevelopment space, says Calmwater Capital’s Tristine Lim.
At Subsidized Seniors Facilities, Service Providers Are Critical
Third-party companies can enhance tenants’ quality of life and boost return on investment, according to Flynann Janisse of Rainbow Housing Assistance Corp.
Food Pantries: Critical Amenity for Affordable, Senior Communities
As the need for food becomes greater, property managers are taking a more holistic approach, according to Wendover Management’s Lynn Edmondson.
Slower, More Sustainable U.S. Economy Emerges
The Federal Reserve’s dovish pivot has been reinforced by the abundant liquidity in the capital markets, according to David Shillington of Marcus & Millichap Capital Corp.
The Fallacy of Rent Stabilization
Contrary to conventional wisdom, when all apartments are opened to the free market, prices will decrease naturally, says Lee & Associates’ Adam Frisch.
Multifamily Marketing Gets Emotional
Millennials, in particular, tend to view apartments as homes for the long term. So developers need to engage prospective residents like they would prospective home buyers, advises Marketshare Inc.’s Jonathan Wilhelm.
5 Design Don’ts for Senior Living Communities
Avoid these mistakes to ensure your facility is more livable for the exacting Baby Boom generation, says designer Mary Cook.