Take a look at your “break-even volume,” which is the bare-minimum volume of work that you need to complete (and get paid for) in order to keep your doors open.
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Sizing Up the FHA's Recent and Proposed Changes
Some of the FHA's multifamily programs haven't seen changes in more than 40 years. So, in announcing new leverage and debt service levels, the FHA took the opportunity to enact a slew of other changes, and propose a few more.
Digging for Dollars
Developers are, inherently, eternally optimistic.
Smaller Trades Dominate
ALTHOUGH ECONOMIC conditions are improving in Connecticut's Fairfield and New Haven counties, the turnaround has yielded only modest changes in apartment fundamentals so far this year.
Making it Work
WORKFORCE RENTAL HOUSING, ideal for professionals such as teachers, firefighters, and nurses, has always been treated as a stepchild in the affordable housing world.
Pop Quiz: Q&A With Tom Gleason, Executive Director of MassHousing
Tom Gleason has spent his career working in affordable housing lending and community development finance.
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Budgeting and Forecasting Software Gains Traction
While changing a key business process can be disruptive, sometimes the cost of staying the same gets prohibitive.
The Upside-Down Recovery
AS THE APARTMENT RECOVERY takes shape, market watchers have agreed on a term to describe the way things are progressing so far—surprise.
Historic Rehab Finalists
CHICAGO— As the financial markets slid into chaos, the last piece of a complex financing puzzle fell into place for Britton Budd Apartments.
Rural Finalists
MESCALERO, N.M.— The name I-Sah'-din'-dii means “drumbeat” in Apache.
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Timing the Materials Market
As the price of materials such as lumber and concrete continue to fall, many developers are employing an "as-needed" approach to purchasing at the end of the second quarter.
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Multifamily Acquisition Market Heats Up as Cap Rates Fall
The acquisition market has been gathering steam in the second quarter, with cap rates declining nationally and the gap between buyers and sellers narrowing. The bidding on high-quality assets has become so frenzied that many long-term holders are beginning to wonder if now is a good time to sell...
From Hotel to Housing
PORTLAND, ORE.— Five years, 23 sources of funding, and about 6,000 pages of documents. That and more went into creating a new affordable housing development serving many of the city's neediest residents.
Battle to Weatherize
WASHINGTON, D.C.— It's not too late to use stimulus dollars to make your affordable housing properties more energy efficient.
Gateway City Opens Up
THE ST. LOUIS ECONOMY has begun to see the light at the end of the recession’s tunnel.
Stuck in Limbo
THIS COMMITTEE WILL be recommending abolishing Fannie Mae and Freddie Mac in their current form and coming up with a whole new system of housing finance,” said Rep. Barney Frank (D-Mass.), chairman of the House Financial Services Committee at
From Partners to Profits
JOINT VENTURES ARE BUSTING OUT all over multifamily land.
Holding Their Own
AS IN MUCH OF THE NATION, the Minneapolis/St. Paul apartment market shifted dramatically during the past few years.
Waiting on Gen Y
THINGS ARE LOOKING UP. Despite today’s large excess inventory of apartments, the upcoming wave of Gen Y renters, coupled with the dearth of new construction in recent years, is expected to shift the balance over the next few years enough to get effective
Walking The Green Line
MAJOR APARTMENT REAL ESTATE investment trusts (REITs) open up their balance sheet for public scrutiny every three months, offering enough Sarbanes- Oxley mandated granularity into operations, income, and expenses to make the private guy (and even some of