Questions regarding the apartment housing industry arose as a result of Equity Residential’s large sale of units to Starwood Capital Group. David Neithercut, president and CEO of Equity Residential, details the company’s strategy surrounding the sale and why it was necessary, given Equity’s capital structure.
The homeownership rate has been declining since the burst of the real-estate bubble and recently has hit its lowest levels in decades. But new quarter-over-quarter numbers are inching upward. Could homeownership be on the rise as new Millennial households continue to emerge?
Those earning less than 30 percent of the area median income are in the greatest need of affordable-housing programs but are the least likely to receive access to them because of the growing numbers of households with extremely low incomes.
Don’t make prospective renters wait in line to see your apartment community. Dedicate time to each new lead by scheduling appointments to provide prospects with the personalized service they desire and the opportunity to see all that the community has to offer.
Halloween plays up the spookiness of bats for tricks and treats. But the reality is that bats can actually be beneficial neighbors in apartment communities, especially those boasting ample green space. We quash frequent myths to make you feel more comfortable around these winged creatures.
New York City isn’t known for its spacious residences. And many residents often need a roommate to afford apartment homes in the city. But proposed regulation updates aim to promote more single households with smaller units.
More than 9,200 industry professionals will descend upon the 2016 NAA Education Conference & Exposition, June 15–18, at the Moscone Center, in San Francisco. Will you be one of them? Sign up now to secure your spot for housing and access to the expo as well as educational sessions and the opportunity to earn continuing-education credits.
The NAA Education Institute will be offering its Student Housing Certificate program in conjunction with the 2016 Student Housing Conference & Exposition, Feb. 16–17, at the Hyatt Regency in Chicago. Sign up today to save $300, or register with a group of five or more to save an additional $75 each.
Unable to make it to this year’s Multifamily Asset Management Conference? Check out our social media pages to learn new techniques for creating long-term value in apartment housing communities through handouts and presentations from our expert sessions.
NAA members have the benefit of accessing favorable terms for products and services from top companies through NAA’s Open Door program. The association vets its preferred companies and provides special offers and savings for its 68,000 members by negotiating prices as one buying entity. See what offers are available today.