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Multifamily Developers Make Moves to Round Out Their Business Models
Throughout the recession, many multifamily builders diversified to survive, positioning themselves for long-term stability.
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Digging for Dollars
Developers are, inherently, eternally optimistic.
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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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Growing a Company
PLYMOUTH, MINN.— Paul Sween likens the affordable housing business to planting oak trees. In both, the work requires patience, and the rewards come slow.
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Top 50 Affordable Housing Developers
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Reading Between the Numbers
The numbers tallied from AFFORDABLE HOUSING FINANCE’s exclusive rankings of the Top 50 owners and developers for the April/ May issue tell a good portion of the story that was 2009: Not as many deals got done.
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Declining Numbers
Affordable housing starts were way below prior years in 2009, according to AFFORDABLE HOUSING FINANCE's survey of developers.
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Working Our Way Out
THE GREAT RECESSION arrived quickly and dramatically, but the climb out is happening at a much slower, more modest speed.
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Recession Lessons
The Great Recession has claimed among its victims some of the industry's largest owners and developers.
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Developers Diversify to Stay Recession-Proof
Some developers are surviving, and even thriving, in today's market by re-engineering thier business plans and turning thier focus to recession-resistant sectors such as the receivership business, student housing, and historic renovations. The overriding trend is to diversify.