Limited Affordable Options
Michael J. Novogradac, a managing partner at Novogradac & Co., estimates that available affordable housing lags behind demand by as many as 20 million units. The funding simply isn’t there. Without it, low-income families and affordable housing providers are running low on...
Apartment markets improve
The U.S. apartment market is getting back on track. As of July 2014, 386,000 units are underway, shows Fannie Mae’s Housing Industry Forum. Multifamily research firm Axiometrics reported that year-to-date effective rent growth was the highest since the Great Recession, with June 2014’s...
Feeding Neighbors in Need
The solution was obvious. If you can’t feed 100 people, then feed just one.
It was a simple solution to a problem that didn’t exist. At least, that’s what Cheryl Jackson was told. As she educated on food insecurity in the area, many fellow residents pulled her aside to inform her that...
Providing Utility Solutions
In efforts to reduce energy consumption and CO2 emissions, commercial real estate leaders are turning to sustainable building and management techniques. While there are countless products and services on the market to improve efficiency in these areas, few offer an unobtrusive option that is...
iPhone 6, Apple Pay, and Apple Watch
In the technology world, autumn brings with it a new line of Apple devices. From the stage of the Flint Center in Cupertino earlier this week, the launch location of Macintosh and iMac, Tim Cook announced the arrival of the new generation of iPhones and the debut of the company’s much-anticipated first wearable, the Apple Watch.
Continuing last year’s trend, the company introduced two models of iPhones: the 4.7-inch iPhone 6 and the 5.5-inch iPhone 6 Plus. Their enlarged sizes flaunt curved edges with a thinner figure of 6.8 mm and 7.1 mm, respectively (the iPhone 5S is 7.6 mm thick). The curved glass screen melds smoothly into the...
XL Real Property Management
Not all costs are spelled out in a lease agreement, according to Dylan Pichulik, CEO of Yardi client XL Real Property Management. We recently interviewed Pichulik about hidden costs associated with rental units.
Tell me about XL Real Property Management.
Pichulik: I created XL Real Property...
Which cities have the most combined homes?
Pew Research reports that there are now more than 57 million Americans living in multi-generational homes. Traditional single-family products no longer meet the needs of today’s cross-generational households, paving the way for multigen, multifamily communities that offer flexible alternatives.
The uptick in multigen housing began in the 80s, inching from 12.1 percent of households to 18.1 percent in 2012. The top ten cities to experience the greatest growth include:
El Paso, TX
Little Rock, AR
In the traditional approach to...
Twin brothers, equal passion
For plenty of people, running a business with your sibling, no matter how amicable your relationship, might sound like a daunting – even undesirable – challenge. Identical twins Robert (Bob) and William (Bill) Thomas of Tulsa, Oklahoma, the co-founders and managing principals of Senior Star, talk about it differently.
“It’s just a thing of joy. We’re pretty blessed; we’ve been partners for life,” says Bob Thomas.
“It’s been one of the most delightful pleasures of my entire life,” says Bill Thomas. Both brothers give much of the credit for their extensive community service and close sibling relationship to their parents,...