Industry Leaders Share Insight. At the APARTMENT FINANCE TODAY Conference recently in Phoenix, we gathered our Editorial Advisory Board members as well as some special guests to discuss the challenges that are ahead for the multifamily industry for the remainder of 2008 as well as what opportunities are out there.
We’re sharing highlights of that conversation with you here as well as in the June issue. We hope you find this information useful when planning for the rest of the year.
APARTMENT FINANCE TODAY also wants to hear your take on the multifamily market and how you’re handling the economic challenges. Please send letters to the editor to cserlin@hanleywood.com. Letters should be 250 words or less and may be edited for length. If you’re a multifamily CFO, APARTMENT FINANCE TODAY wants to hear your views for a special feature on strategies in the September issue. For more information, please e-mail Senior Editor Jerry Ascierto at jascierto@hanleywood.com.
Landlords across the country may be charged under federal law for renting apartments to illegal immigrants. The precedent is being set this month in Lexington, Ky. FULL ARTICLE
The AFT Index faltered as the economy faded under the onslaught of high oil
prices when our trading session ended June 11, 2008. Only two of the 14
companies tracked in the index inched their way into positive terrain. FULL ARTICLE
Resident screening provider First Advantage SafeRent recently released its Multifamily Applicant Risk (MAR) Index; it's based on traffic quality scores from First Advantage SafeRent’s statistical screening model. FULL ARTICLE
Boston-based DebtX has been selected by an unnamed U.S.
commercial bank to dispose of more than $52 million in commercial and
multifamily real estate loans through its online auction site. FULL ARTICLE
First quarter originations were 53 percent lower than during the same period
last year. The year-over-year decrease was seen across all property types and
most investor groups. FULL ARTICLE
Fannie Mae's Refi Plus, a portfolio retention tool that it plans to introduce in the coming days, allows borrowers to lock in rates for the refinance of existing Fannie Mae loans up to two years in advance of the prepayment period end date, in conjunction with supplemental financing. FULL ARTICLE
Even with the challenges that are ahead for the balance of 2008, saavy apartment owners can tap into great opportunities this year, according to members of the APARTMENT FINANCE TODAY Editorial Advisory Board. FULL ARTICLE
Read about deals, subsidies, gossip, taxes, and sneaky fine print in the world of rental real estate, from the editors and writers of APARTMENT FINANCE TODAY here.