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the Magazine of the National Apartment Association

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REITs’ Return Outperforms S&P

Data Insider U.S. multifamily REITs were the second-best performing REIT sector in 2014, with a 2014 total return of 40.5 percent, according to the SNL Index. Five multifamily REITs made the index’s top 25, with EdR (student housing) also on...

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How Many Contractors Does It Take To...

Data Insider About 38 percent fewer employees are needed to build an apartment community compared to a single-family home, according to the National Association of Home Builders and economists from UCLA. The study was performed to measure job growth in...

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Single-Family Rentals Boom in Florida

Data Insider Institutional investors stand to gain $68.5 million in profits from home purchases they made in Southwest Florida from January 2012 through August 2014, according to a new RealtyTrac Inc. study. Researchers found 1,520 single-family home and condominium deals...

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Shopping Malls Turned Apts

Management Insider While investors continue to sift through the data measuring the performance of retailers over the holidays (and consumers check out leftover merchandise marked down 90 percent), more and more U.S. shopping malls are being turned into rubble in...

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Movers and Shakers

Movers and Shakers • Management Matt Fiascone • President • The Habitat Company • Chicago The Habitat Company promoted Matt Fiascone to President. Fiascone provides strategic leadership to guide the organization, and leads the daily operations and opportunities for expansion...

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Make Room for New Water-Heater Standards

Maintenance Insider Beginning this year, replacing an apartment water heater that is already a tight fit may pose a major challenge for owners and operators. With the addition of more insulation, residential water heaters are expected to grow in size...

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Maintenance Tech Trends

Maintenance Insider When units Magazine published its annual list of “What’s In & What’s Out” in the January 2015 edition, maintenance trends were mostly absent from the list. NAA Education Institute National Maintenance and Safety Instructor Paul Rhodes, CAMT, offers...

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Utility Company Gives Free Efficiency Upgrades to Apts

Energy Insider North Carolina regulators approved an energy-efficiency program that will supply free materials to apartment owners and operators in the Duke Energy Progress service area. Approved by the state’s Utilities Commission in late December, the program will distribute energy-efficient...

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Chicago Apartments Given Energy-Saving Lighting Products

Energy Insider The city of Chicago is partnering with Chicago-based nonprofit Elevate Energy to upgrade 2,500 electric-heated apartments and distribute energy-efficiency products to an additional 7,500 households citywide during the next three years. Building owners and managers are invited to...

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NAA Event Welcomes 114th Congress

Political Insider NAA co-hosted a reception on Capitol Hill in early January in honor of the new Congress sworn in on Jan. 6. The event, “The Housing Industry Welcomes the 114th Congress,” drew freshmen members of the House of Representatives...

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Annual Industry Compensation Survey

Improved economic growth in Q3 2014 and the recent decline in oil prices have raised expectations for a stronger real estate sector in 2015 and once again places compensation, talent management and retention among the top strategic priorities for the...

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A Profile in Continuous Industry Education

My apartment career began as a receptionist in a property management office. Of course, I had no idea that the job would ever become the start of a career! It was a small company—we had a few office buildings to...

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