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November 19, 2014

EPA Names First Multifamily Energy Stars

The U.S. Environmental Protection Agency (EPA) recently revealed the list of the first existing apartment communities to earn ENERGY STAR certification. Seventeen multifamily communities, a number of which are owned or managed by NMHC member firms, received the new certification for their commitment to saving energy while reducing costs, preventing greenhouse gas emissions and increasing affordability.

“Communities, renters and businesses all benefit when multifamily properties operate more efficiently,” said EPA Administrator Gina McCarthy in a press release. “When these buildings use less energy, they also prevent greenhouse gas emissions, increase comfort, and lower costs for renters, making it a win-win for the environment, public health and the economy.”

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FINANCE

REITs Get More Respect on Wall Street

Big property companies can walk a little taller now that the S&P Dow Jones Indices, publisher of the S&P 500, has moved to recognize real estate investment trusts (REITs) as a distinct asset class, separate from the banks and money managers that they had previously been lumped in with.

RESOURCES

NMHC Launches New Tools to Help Members Prepare for Emergencies

With the media frenzy over Ebola raising a number of questions about the apartment industry’s emergency preparedness, NMHC developed two new resources for members—a new Emergency Preparedness listserv, providing an open forum for members to share and discuss news and information online, and a new guidance document that outlines key components of incidence plans.

ADVOCACY

NMHC/ NAA Meet with HUD Secretary on Rental Priorities

NMHC and NAA officers and key staff recently met with HUD Secretary Julian Castro to identify a number of reforms HUD could make to the reduce red tape that often makes it difficult for members to create and operate apartments.

TRENDS

KLM Royal Dutch Airlines Creates Pop-Up Apartment

The international airline has permanently grounded a jetliner at Schiphol Airport in Amsterdam, turning the plane into a novelty apartment for rent on Airbnb.

MARKETS

Special Report Focuses on the Outlook for the U.S. Multifamily Sector

National Real Estate Investor magazine recently released an in-depth report on the state of the apartment industry. Hope your mouse is ready for a work out, as it includes nine major sections plus two bonus features focusing on the industry’s most admired firms and individuals. How many NMHC members can you spot?
In Case You Missed It
A hand-selected collection of noteworthy articles on a wide variety of issues of interest to apartment executives.
University System of Georgia Selects Corvias Campus Living to Develop and Manage Student Housing at Nine Institutions

Fortune Publishes List of Top Women in Real Estate

New Housing Product Spans Hotel, Apartment Segments with Short-Term Leasing Structure

Aging Office Buildings Could Be the Answer to Big Cities’ Affordable Housing Problem

Demographic Trends Support Strong Multifamily REIT Q3 Occupancy

Aimco Donates More Than $100K to Help Military Families

Taking a Cue from the Hotel Industry, Multifamily Buildings Upgrade Their Lobbies

Kings of Their Castles: The Unsung Benefits of Being the First Residents in a Lease Up

Why Being a Renter Doesn’t Make You a Financial Failure

Not All NIMBYs Are Created Equal

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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.
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JANUARY

2015 NMHC Apartment Strategies Outlook Conference
January 20, 2015
La Quinta Resort & Club in Palm Springs, CA

2015 NMHC Annual Meeting
January 20-22, 2015
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Multifamily Market Dashboard

Technology Helps Apartment Firms Tackle Package Delivery Crunch

It takes more than a tracking number to get billions in online sales to the nation’s 37 million apartment residents. In fact, one in four apartment communities use specialized software just to manage residents’ packages on site, according to the new National Multifamily Housing Council (NMHC) and Kingsley Associates 2014 Package Delivery Survey.

The survey also showed that a typical apartment community receives as many as 100 packages a week–a number that can double during the holidays. With Cyber Monday right around the corner, many apartment firms are bracing for the next big wave of package deliveries.

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