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March 13, 2014
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About Apartment Wire
A must-read for top apartment industry professionals, Apartment Wire is a timely review of emerging trends in apartment finance, development, management and technology and more, featuring both exclusive content from NMHC's staff of experts and provocative articles from across the web.
Hello, I'm New. Meet NMHC's Latest Digital Communication

Just a quick note to introduce Apartment Wire, NMHC’s newest digital communication. We know you’re busy running your companies and serving the nation’s 35 million apartment residents, so we’re making this simple:

Every other week, we’ll round up the best the web has to offer on all things apartments and tell you why it should be on your radar, if it’s not already. Each issue will feature a heady mix of information and intelligence, covering the gamut from the news you need to know to the stuff that’s fun to read. From industry developments to market trends, consumer insights to emerging issues, it’s all in there.

Even better is that Apartment Wire will be delivered to your inbox in a format that responds to whatever device you’re using—at home, at the office, or on the go, you’ll have access to the most noteworthy apartment news whenever and wherever is most convenient for you.

So, please take a minute to peruse this inaugural edition of Apartment Wire and tell us what you’d like to see more of and what you don’t. Comments, suggestions, news items are all welcome at syaussi@nmhc.org.

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Upcoming Meetings
NEXT MONTH
2014 NMHC Research Forum
April 29 & 30, 2014
Georgetown University Hotel & Conference Center in Washington, DC

SOON

2014 NMHC Emerging Leaders Speaker Series - Boston
May 12 , 2014
Location: TBD  

2014 NMHC Apartment Strategies/Finance Conference
May 12 & 13, 2014
The Fairmont Copley Plaza in Boston, MA

2014 NMHC Spring Board of Directors Meeting
May 13 & 14, 2014
The Fairmont Copley Plaza in Boston, MA

 

Top News

LEADERSHIP

NMHC Chairman on Innovation and Entrepreneurship

NMHC Chairman Daryl J. Carter, CEO of Avanath Capital Management, issues a clarion call to today’s apartment leaders to find new ways to nurture fresh talent and new ventures for the benefit of the industry. (MFE)

TECHNOLOGY

Brass Tacks on Business Intelligence

NMHC’s Vice President of Industry Technology Initiatives Rick Haughey offers an intro guide to making better tech decisions when it comes to mining multifamily business intelligence. (MFE)

MARKETS

New-Home Building Shifts to Apartments

Rental apartments claim largest share of new home starts in at least 40 years. And the playing field is likely to remain tipped toward multifamily for some time. Check out one Federal Reserve economist’s projections that, by the end of the decade, multifamily supply will increase at twice the rate of today. (Wall Street Journal)

TECHNOLOGY

There Goes the Gigahood

An inside look at North American Properties’ strategic decision to future-proof a $600 million mixed-use development in Georgia by making 1 Ggps Internet available to every home and business. Can Internet delivered at 100x traditional rates make it happen? (Broadband Communities)

AFFORDABLE HOUSING

Mind the Affordability Gap

As the overall apartment market continues to hum along, policymakers are beginning to turn a critical eye toward the 8.2 million unit gap between the number of extremely low-income (ELI) households and available affordable rental units. Nationwide, just 29 affordable units are available for every 100 ELI households. Click to view how your county stacks up. (Urban Institute)
In Case You Missed It
A hand-selected collection of noteworthy articles on a wide variety of issues of interest to apartment executives.
Consumer Insights Masters at Nielsen Challenge Conventional Wisdom on Millennials, Including Housing Preferences

San Francisco Ordinance Underscores Efforts to Limit Housing Providers’ Use of Criminal Background Screening in Evaluating Prospective Residents

Brookfield Looks to Buy Stake of $1B Apartment Portfolio

Are You Encouraging Emotional Ownership of Your Apartments?

Heated Sidewalks Prove to Be the Ultimate Apartment Amenity in an Unrelenting Winter

Living Large? Take a Tour of a Luxury Five-Room Apartment That’s Under 650 Square Feet

When You Were Born Says Plenty About Your Housing Needs

Microunits, Apodments, Stack Housing—Whatever You Call It, It’s All the Rage in Seattle

For More People, the American Dream Doesn’t Include a Home of Their Own

Zillow Creates New Multifamily Advisory Board, Including a Number of Key NMHC Members

NMHC’s Eileen Lee Reports on Industry’s Participation in Administration’s Better Buildings Challenge

A Deep Talent Pool and High Quality of Life Trump Low Taxes and Regulation When It Comes to Attracting Economy-Boosting Enterprises

Commercial Clothes Washers Added to Laundry List of Appliances Targeted for New Energy Efficiency Standards

New Home Loan Option for Students Could Create Pressure for Some Off-Campus Student Housing Markets
Multifamily Market Dashboard

Multifamily Unit Size Increases


After falling for two straight years, new starts data from the Census Bureau show average and median square footages have ticked up to 1,225 and 1,131 square feet in 2013, similar to sizes seen pre-boom in the early 2000s. This compares with the 2012 figures of 1,126 and 1,051 square feet, respectively, the lowest figures since the Census Bureau began tracking this series in 1999.

 

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