Friday, February 10, 2012
BankUnited executive Patrick Fitzgerald told a real estate lending conference in April that multifamily housing "is in a full-fledged healing mode." Vacancies are hovering at 6.6 percent nationally, down from 8.1 percent a year ago, and rents rose in the last three months of 2010 for the third consecutive quarter.
This is phenomenal news for those of us that have been operating in a cash flow...
Thursday, February 9, 2012
I’ve had some pretty cool jobs and I’ve had some pretty bad jobs. All of them have been memorable.
Take, for example, the day I sunk to a new low while selling sandwiches in Ireland.
My typical sandwich route through a business park in Galway wasn’t bringing in the euros anymore and it was time to start soliciting anyone, lest I lose a free lunch every day.
Desperate to wear that incredibly...
Monday, February 6, 2012
As a leader and champion for both multifamily and my company, I’m asked daily how people can get to the next level in their career. They’ve advanced their education and qualifications, yet their career with their current company is at a standstill. Professionals want to grow, but they’re often unsure about how to find a new position.
You might think the obvious solution is to head to an...
Thursday, February 2, 2012
February means different things to different people. Some people think of Valentine’s Day. Others think of Presidents’ Day. For NAAEI, February marks Apartment Careers Month, which is when we remind others of the exciting job opportunities offered by our industry.
We’ve all heard stories about how the recent recession has impacted the job market. Many of us probably know someone who either lost...