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The Missing Millennials

Millennials who flocked to their parents’ nests during the recession are a huge source of untapped revenue for the apartment industry. The trick, however, is getting them to leave a place that is so cozy, convenient, and inexpensive. Millennials, or Generation Y, already make up a notable portion of renters. Yet there is another wave […]

02 / 07 / 14

Village Green

When it comes to making a splash with corporate philanthropic efforts, Midwestern luxury multifamily owner, developer and manager  Village Green is jumping into the pool feet first. That’s not an analogy, either. Their property managers and associates  at 160 properties in 13 states literally jump into swimming pools to help raise funds for worthwhile local […]

02 / 06 / 14

End of Debt Forgiveness

Just when we thought the housing market was stabilizing, the Mortgage Foreclosure Debt Forgiveness Act ended. To date, the act has not been extended, which could lead to a few notable changes in both the single-family and multi-family markets. Before 2007, a mortgage owner could receive a break on their loan as long as that […]

02 / 06 / 14

Tops in Technology

Commercial Property Executive is looking for nominations for its second annual Tops in Technology Awards. The ballot will recognize the leading technology product and service providers assisting the commercial real estate industry, with winners in a variety of categories. The number of categories will depend on the nomination process, though, so be sure to enter […]

02 / 05 / 14

Greener Pads

Smart growth approaches have proven effective in reshaping the face of the built environment. Communities across the country, be it urban hubs or bedroom communities, cities, towns or rural places, have embraced green building principles in an effort to foster healthy neighborhoods and create strong local economies. Smart growth features in community development include the […]

02 / 05 / 14

Travel 2014

This year, business travelers can expect to see a variety of changes between point A and point B.  Do you want to start with the good news or the bad news? Bad news makes good news even sweeter, so let’s start there. Many airlines started off the New Year by jacking up existing fees. Spirit […]

02 / 04 / 14

Honoring Achievement

Commercial Property Executive is now accepting submissions for the 2014 Distinguished Achievement Awards. The awards program, now in its fourth year, recognizes the commercial real estate industry’s most noteworthy properties and transactions. The winners will be selected by a panel of judges representing expertise across commercial real estate disciplines. Finalists will be announced in June […]

02 / 04 / 14

Military Housing

The US Department of Defense has issued a press release detailing changes in 2014 military housing allowance rates. Most service members will receive additional funds for housing just as fourth quarter market analyses report rent rate hikes. Basic Allowance for Housing (BAH) assists service members who have permanent stations in the US. With the allowance, […]

02 / 03 / 14

The Connected Home

We’ve started getting a closer look at what everyone calls the “Connected Home”. The most popular connected home device is currently the security system, according to Forrester. There are also electronic door locks – electronic keys with expiration date (that can be used with maintenance technicians) that send an alert when someone is attempting to […]

01 / 31 / 14

Ask IT

There’s no doubt that 2014 is going to be another big year of exciting enhancements in technology. Improved software, systems and products really came on the scene in 2013, and more improvements are sure to make our working and non-working hours more efficient, secure and fun in the months ahead. Last year we talked a […]

01 / 30 / 14

Improved Payments, Process

Moss & Company has improved resident screening, energy billing and management, and resident services at its multifamily rental properties with products from the Yardi Multifamily Suite™ that are integrated with the entire Yardi Voyager® leasing cycle. Moss & Company adopted Yardi Resident Screening™, an online resident screening system, to replace a paper-based screening system.  “We […]

01 / 29 / 14

Stuart Tanz

Stuart Tanz has a proven track record of producing impressive results for public investors in shopping center real estate. In 1997, as CEO, Tanz led Pan Pacific Retail Properties in its initial public offering.  In just under a decade’s time, Tanz and team grew the company from approximately $447 million in shopping centers, at its […]

01 / 28 / 14

Bitcoin

Now in its sixth year of existence, bitcoin is rising in popularity, value, and accessibility. The question remains, however, if the digital currency can realistically open new doors for international commerce. Bitcoin is a digital currency that hit the marketplace back in 2008.  Like other currencies, its algorithm-based exchange rate fluctuates daily. The currency is […]

01 / 28 / 14

Not So Super

This year, the Super Bowl will be held in East Rutherford, N.J. I live in New Jersey, not too far from there. Because of this, my apartment community recently sent an email memo to all residents saying that all subleases need to be approved, and that they will not be approving any near or around the […]

01 / 27 / 14

Seamless Workflows

First Pointe Management Group (FPMG), also known as Brymarc Management Company and a subsidiary of The Ezralow Company, has relied on property management and accounting software from Yardi® for 18 years, utilizing a Windows®-based platform before eventually moving to browser-based Yardi Voyager®.  The continuous growth of their residential portfolio prompted another reevaluation, according to Vida […]

01 / 27 / 14