Avoiding the Luxury Bubble
Real estate professionals ranging from multifamily developers to REITs are launching themselves into the senior housing market, hoping to cash in on the next frontier for Baby Boomers. While most analysts agree that the industry isn’t in immediate risk of inflating another bubble, the...
Healthy development seeks new households
Despite the slowest population growth rate in 70 years, the US apartment sector remains healthy throughout most of the country, according to the recent Multifamily Market Commentary released by Fannie Mae. In the national development pipeline, 386,000 new units were underway as of Q2 2014.
Growth indicators from the National Association of Home Builders (NAHB) show that 9.6 percent of the $331 billion of new housing built in 2013 was multifamily construction. According to housing consultant IBISWorld Inc., multifamily development will reach a 28 percent annual average rate increase since 2009, with California blazing ahead due to a 47...
Fiber Flourishes in Texas
The map of U.S. cities wired with Internet super-speeds is growing steadily. Providers have diversifed: in addition to Google, AT&T is bringing a flashy-fast fiber-optic network to towns throughout the country. Recently San Marcos, Texas-based Grande Communications announced plans for a 1...
Cluj-Napoca, Romania: A Closer Look
Cluj-Napoca, the second most populous city in Romania, and the home of Yardi Romania, is an emerging new real estate and technology market, boasting a quirky mix of old and new. Founded in 1213, Cluj-Napoca is a city brimming with history, with its eyes set on the future.
An excellent example of the city’s evolution is Riviera Luxury Residence, a 91-unit luxury condominium project that will be one of a handful of green developments in Transylvania. Currently under development in the city’s hottest residential submarket, the Mărăşti and Gheorgheni neighborhoods, the project (pictured, right) has received Class A energy certification...
Restoring Peace to Schools
According to the most recent report released by the Center for Disease Control, 22 percent of girls and 18 percent of boys in grades 9-12 reported being bullied at school. The National Association of School Psychologists estimates that is about 3.2 million children who face verbal and physical...
For All Treats, Fewer Tricks
During this time of year, your office is likely gearing up for ghoul-themed, candy-laden parties for your residents. A few simple tricks can help minimize risks to guests and keep your Halloween party fun and fright free.
On the day of the event, you’ll likely be busy running through the...