development
SubTropolis
SubTropolis is the “World’s Largest Underground Business Complex,” developed by Kansas City Chiefs owner and real estate developer Lamar Hunt. The excavated mine, located in Kansas City, Mo., is approximately the size of 140 football fields. The underground city, 160 feet beneath the earth, was created through the mining of a 270-million-year-old limestone deposit which […]
05 / 12 / 16
Neighborhood Transformed
Extravagance and environmentalism don’t seem like natural soulmates, but in Boston a new set of developments seamlessly combines the amenities and modern sensibilities of today’s luxury living with eco-conscious construction. The result? Affordable, eco-conscious community housing for Boston’s middle class that’s been dubbed the “Green District.” The brainchild of developer Bruce Percelay, the “Green District” […]
02 / 02 / 16
Breaking Records
It’s the perfect combination: a boost in local jobs, diminishing office supply, and rising rents. The three have positioned the Atlanta office market for a record-breaking year. With a conservative lens, JLL lists the Atlanta office space vacancy rating at 17.5 percent and average rents of $22.54 per square foot. Transwestern confidently states a 15.9 […]
01 / 19 / 16
Yardi Think Tank
LONDON – The burgeoning demand for rental property – particularly in London – means developers of build-to-rent schemes have a captive market, but everything else from valuation to finance and planning seems to be stacked against the sector significantly expanding. What do the pioneers of this form of development have to tell us about the […]
Modular Multifamily
Modular single-family homes are old news in the United States. Modular multifamily, however, is just catching on. American multifamily firms are experimenting with modular apartments—and they love the results. Residential modular construction in the US has increased by 32.8 percent since 2007 according to the Modular Building Institute. The boost in projects comes as builders […]
09 / 29 / 15
New Mexico Rising
ALBUQUERQUE, NM – The Platinum is not your typical Albuquerque apartment complex. It is four stories, expected to be LEED-Platinum certified, with city and mountain views: in other words, a modern marvel that will draw some of the city’s highest rents. It’s surrounded by Nob Hill, Albuquerque’s most walkable urban neighborhood. The area is a […]
09 / 08 / 15
Renewable Future
The United Nations predicts that by spring 2024 the world’s population will reach 8 billion. Meeting the energy needs of the world’s ever-growing population is a hot-button issue, especially in the context of finite carbon-based energy sources and the looming danger of irreversible climate change. While going carbon-neutral can seem like an unachievable goal in […]
08 / 19 / 15
Parking ROI
For most of us, parking is little more than a necessary evil. If we could, we’d use the parking space for more units and enjoy the additional cash flow. But what if your parking lot could become an asset? From practical to extravagant, these creative parking solutions can transform a requirement into a revenue-generating tool. […]
07 / 31 / 15
Making Waves
Until recently, surfing has been an activity limited to the lucky ones with oceanfront access. This is about to change with some incredible technology created by Spanish engineering firm Wavegarden, which has the capability to deliver the longest man-made surfable waves on Earth. Sounds surreal, doesn’t it? Doug Coors, a descendent of the Coors Brewing […]
07 / 28 / 15
Glorious Green Roofs
France, the epicenter of style and fashion, has recently dealt a blow to the detractors of solar panels and green roofs by passing legislation that will require all new commercial buildings to feature green roofs. New buildings constructed in French commercial zones will have to be partially covered by either living foliage or solar panels, […]
06 / 29 / 15
UK Asset Management
Asset Management companies in the UK have experienced several years of growth due to foreign capital flowing into the country during the lean years. As rents stabilize, the rate of growth is clearly unsustainable. Yardi brought together several asset management experts to discuss how asset management will reinvent itself during economic recovery and prosperity. According […]
05 / 11 / 15
Resmark’s 10Eleven
Yardi client The Resmark Companies has teamed with Streetscape Partners LLC and Community Three Development LLC to develop 10Eleven, a 71-unit condominium and 4,257 square feet of ground-level retail space, in the historic Logan Circle area of Washington, D.C. “The project, dubbed 10Eleven, will appeal to professionals seeking a high quality, newly built urban residence […]
04 / 08 / 15
Excellence Awards
MHN Excellence Awards recognize the multifamily industry’s most noteworthy people, companies and properties. The 2015 winners will be selected by a panel of judges representing expertise across all multifamily disciplines. Submissions will be due by Monday, June 15. Here’s how to enter. 1) Select the categories you’d like to enter and click to download those […]
04 / 06 / 15
Bright Future
With the effects of climate change becoming more and more visible every passing day, introducing environmentally friendly practices into everyday life becomes increasingly important. And while renewable energy still has high investment costs in many cases, returns on initial investments do not fail to appear. They may come in special tax rates, increase in prestige, […]
04 / 03 / 15
ENERGIZED FOR TOMORROW
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