APARTMENT FINANCE TODAY

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Shabnam Mogharabi, Editor
smogharabi@hanleywood.com

Around here, we call the current economy and the future outlook for multifamily a “new world order.” When we start to talk about the opportunities that will come in 2010, our conversations revolve around distress, renovations, demographics, and how any new revenue opportunities will, frankly, take hard work and diligence. And the rewards? They won’t be anywhere as bountiful as the ROIs seen just a few years ago. It’s also why the theme for the 2010 Apartment Finance Today Conference is “Search and Deploy”—our goal is to help you maximize NOI, minimize costs, and find the right executions for your organization. Intrigued? You should be. The program is shaping up to be a knock-out one—and the most informative in the industry. Register today.

Kaplan Management Company is now accepting fee management assignments

Led by a group of seasoned professionals, Kaplan Management Company has more than 31 years of experience in property management.

To inquire about how Kaplan can exceed your expectations, contact Michael Kaplan or Geoff Simpson. (713) 977-5699
Kaplan@KapCorp.com KapCorp.com

WEB EXCLUSIVES

Signs of Life: Multifamily Developers Resume Construction

With Minneapolis Mayor R.T. Ryback and city council members on hand, Village Green Cos. CEO and chairman Jonathan Holtzman joined other members of a development team to break ground late last month on Mill District City Apartments, a 175-unit, mixed-use, market-rate rental community targeted for completion and lease up in early 2011.
FULL ARTICLE

Mixed Reactions to FHA Changes

News that the Federal Housing Administration is changing its approval process for condominium projects was met with mixed reaction throughout the housing industry.
FULL ARTICLE

Rental Industry Downplays Tax Credit Extensions, New Fannie Program

In a rental market that’s already been floundering for more than a year and could be headed for more problems next year, two recent announcements out of Washington, D.C., won’t help.
FULL ARTICLE

Feds Announce 650,000 Loan Modifications

The Treasury Department and the Department of Housing and Urban Development announced that more than 650,000 loan modifications have taken place under the Making Home Affordable program.
FULL ARTICLE

Move Outs for Homeownership Tick Up Slightly

Some of the biggest public apartment owners in the country saw increases in move outs for homeownership in the third quarter. Add in the extension of the homebuyer tax credit and home prices continuing to decline, and it might make sense that a flood of renters move out for homeownership into 2010.
FULL ARTICLE

Rescue from Abroad: Foreign Buyers Soak Up Excess Condo Supply

If recent reports are correct, the foreign buyer has been making a dent in the excess inventories of major condo markets such as New York and Miami.
FULL ARTICLE

Shuman Becomes Mercy Housing President

Brian Shuman has stepped into the role of president of Mercy Housing, Inc., taking over for Dick Banks, who retired after three years with the organization.
FULL ARTICLE

AFT's September/October Digital Edition

Now available: Apartment Finance Today's newest flipbook edition! See the September/October 2009 issue as it appeared in print; search the entire issue by keyword; link specific pages to Facebook, Digg, and Delicious; and connect with advertisers. You can even save the issue hard drive for when you're not online. It's a 21st century take on an old-school experience.

APARTMENT FINANCE TODAY

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.

Events/Announcements

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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.

Contact

To reach APARTMENT FINANCE TODAY Editor Shabnam Mogharabi, please e-mail smogharabi@hanleywood.com

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

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