Of Interest

The COVID-19 era has brought on many new challenges. Imagine adding a severe weather disaster to the mix. The result is a housing compound disaster. And it’s more likely than you think. Just ask the people across middle America and the Northeast who were recently buried in three feet of snow, which followed a rainstorm...

Multifamily developers are flexible enough to adapt to today’s turbulent market modifying their buildings on the fly to meet renters’ new and ever-evolving expectations and making changes to new projects during construction… Haven’t successful entrepreneurs done this forever? Haven’t smart business people developed new solutions for new challenges? Adjust on the fly or die? It’s...

Amazon isn’t the first to realize that without affordable housing, the people who serve just can’t. They can’t stock shelves, paint, build, teach, fight fires or police the streets if they can live in the communities where there is work. Vail and Key West have been working on this issue for years. COVID-19 has expanded the issue both...

Acquiring underperforming assets for rehabilitation is a good strategy for navigating the current multifamily market, according to panelists at a virtual conference that took place in late October. At least one speaker indicated their company is concentrating on workforce housing programs. Workforce Housing is defined as housing affordable to households earning between 60 and 120 percent of area...