Advertisement
 

Problems viewing this e-mail? Please cut and paste this address into your Web browser: http://www.housingfinance.com/newsletters/aftu121608.html

APARTMENT FINANCE TODAY
Christine Serlin
Christine Serlin, Editor
cserlin@hanleywood.com

2009’s Silver Linings

It’s not exactly going to be a happy new year for the multifamily industry. But I’m more of a “glass halffull” kind of person, so I would rather focus on the potential silver linings than the doom and gloom that has hit the industry.

2009 is positioned to be another tough year for the multifamily industry. Lenders are expected to lend less and at more conservative terms, equity will be costly, and construction financing will continue to be hard to find.

But exactly how bad will 2009 turn out to be?

READ MORE...


Advertisement

Yardi

Outperform the competition with Yardi Voyager™ Residential, the industry’s leading fully integrated multifamily asset and property management software suite. Attend a Webinar and find out more! Click here.



Buyers of apartment properties closed deals totaling just $4.6 billion in the fourth quarter of 2008, according to data from Real Capital Analytics (RCA), a national research firm based in New York City.
FULL ARTICLE

The latest round will include an emphasis on placing investments in underserved rural communities, according to the Community Development Financial Institutions (CDFI) Fund, which oversees the program.
FULL ARTICLE

The firefighters were trapped in what amounted to a burning maze: a Bronx apartment illegally divided into extra rooms for sake of making a buck in this cramped city.
FULL ARTICLE

Advertisement

AFT Conference

Register for the 2009 Apartment Finance Today Conference
March 30-April 1, 2009, The Arizona Biltmore Resort & Spa, Phoenix, Arizona

Learn how to navigate the turbulent economy at the Apartment Finance Today Conference. Designed exclusively to meet the information needs of developers and owners of multifamily housing, attendees learn innovative financing strategies, hear what the future holds with our annual Forecast for Rental Demand, and make connections for putting deals together,all while enjoying the beautiful Arizona Biltmore Hotel. For more information and to register, visit www.aptfinanceconf.com.



The stunning capital markets meltdown that began in late summer 2008 means that incoming Treasury Secretary Timothy Geithner will take control of an ecomnomy on the brink. Indeed, 2009 will be a difficult year for apartment developers and owners, as lenders originate less and at more conservative terms, equity providers raise their prices, and construction financing does a disappearing act. Apartment values will continue to inch down as cap rates rise. But there are some silver linings in the gloom. The year will also present many opportunities for developers to purchase distressed land and assets at deep discounts. Just how bad will 2009 be? And how can you generate and upside sooner than your peers when the market recovers?
FULL ARTICLE

Confidence in the multifamily housing market sagged in the third quarter of 2008, pushing builder confidence indexes for both the condominium and the rental markets to their lowest levels since the National Association of Home Builders (NAHB) created the indexes in 2003.
FULL ARTICLE

Maybe you don’t have money available to install a set of solar panels or drill a geothermal well. However, there are many commonsense green building ideas that can make your apartment properties more energy efficient without spending a lot of money—and that can make a difference on your next utility bill.
FULL ARTICLE


APARTMENT FINANCE TODAY

Events/Announcements

Introducing HousingCrisis.com

Hanley Wood's HousingCrisis.com is a unique source about the real estate and construction economies with news, data, and conversation about your smartest options. We’ll highlight exclusive articles, related stories, and linked resources from across our publishing network -- in real-time -- so that you’ll have information you need, a step ahead of the moment you need it. Go to HousingCrisis.com

Check our online calendar for upcoming events.

HOUSING FINANCE BLOG

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.

Contact

To reach APARTMENT FINANCE TODAY Executive Editor Christine Serlin, please e-mail cserlin@hanleywood.com

To reach APARTMENT FINANCE TODAY online Web Producer Spencer Markey,
e-mail smarkey@hanleywood.com

Subscribe

Subscribe to APARTMENT FINANCE TODAY Magazine.

Unsubscribe to APARTMENT FINANCE TODAY Update.

Advertise

Advertise in APARTMENT FINANCE TODAY Update.

Advertise in APARTMENT FINANCE TODAY Magazine.

Hanley Wood, LLC
Mailing Address: One Thomas Circle NW, Suite 600, Washington, DC 20005
APARTMENT FINANCE TODAY is part of the Hanley Wood network of Web sites:
Multifamily Executive Magazine Public Works Magazine Hanleywood Market Intelligence Building Product News & Construction Resources Architect Magazine
Hanley Wood, LLC. Unauthorized reproduction prohibited.
Advertisement