Thursday, July 24, 2014
With all of the new apartment supply hitting the market, it’s no surprise investors not in the merchant building game are turning tovalue-add rehab opportunities in multifamily. In fact, repositioning is so hot in the disposition space, forward pricing on class B value-add is practically approaching class A apartment real estate, with sub-five cap rates popping in major markets across the country...
Wednesday, July 23, 2014
Multifamily development is back in a big way. With all of the advances in building systems and technologies, apartment asset managers might wonder how sophisticated the new communities coming online are from an operational standpoint.Certainly AMLI is one of the development and market supply culprits: we have a pipeline of over $2 billion right now representing 10,000 units in development, which...
Thursday, July 17, 2014
I’m gonna be honest—I’m not a big fan of FaceTime. The thing is, I don’t really want people seeing my face when I’m speaking to them on the phone.
Look, it’s not like I’m making horrible, rude or disinterested faces as the person on the other end of the phone speaks. Rather, it’s that I may not be aware that I’m making horrible, rude or disinterested faces.
You get the difference.
Monday, July 14, 2014
The apartment industry is a profession that is chock full of surprises, especially when it comes to the day-to-day management of the community and staff.Perhaps what is most surprising is when we think we have put together the Dream Team—a group who will allow the vision of the owners to come to pass. As we seek to maximize our time, increase productivity, and serve our residents, we cannot...