Units back issues from August 2007:
Calendar.(Calendar)
Aug 01, 2007 ... <Pre> calendar 2007 Assembly of Nov. 8-10Atlanta, Ga. InterContinental DelegatesBuckhead Atlanta 2008 Capitol Conference March 9-12 Washington, D.C. Omni Shoreham EducationJune 26-28 Orlando, ...
Optimism abounds with annual survey.(OBSERVATIONS)
Aug 01, 2007; ... There is reason for continued optimism in our industry, based on data in NAA's annual Survey of Operating Income & Expenses in Rental Apartment Properties for 2007. This year's survey, based oil information submitted for 2006 from a record-high number of NAA members, shows a ...
2007 Board of Directors.(2007 LEADERSHIP)
Aug 01, 2007 ... Dave Watkins, caps NM Chairman of the Board Greystar Management Services Tampa, FL Mike Gorman CAPS, CPM, CCIM NAA Secretary Edward Rose Companies Indianapolis, IN Michael ...
House passes bill reforming Section 8 program, providing LEP relief.(CAPITOL BEAT)
Aug 01, 2007 ... NAA/NMHC secured a significant victory when the U.S. House of Representatives passed a bill to reform the Section 8 voucher program (HR 1851) July 12. NAA/NMHC staff also worked closely with legislators to secure a favorable amendment related to the U.S. Department of Housing and Urban ...
IRS issues LIHTC utility regulations.(CAPITOL BEAT)
Aug 01, 2007 ... The Internal Revenue Service (IRS) issued long-awaited proposed regulations June 18 that would change the way rents are adjusted on Low-Income Housing Tax Credit (LIHTC) properties when residents pay for their own utilities. NAA/NMHC have led the industry effort for such a change since ...
'Carried interest' considered.(CAPITOL BEAT)
Aug 01, 2007 ... On June 22, House Democrats introduced legislation (HR 2834) that would alter the tax treatment of "carried interest" received by managers of investment partnerships. The measure would tax carried interest as ordinary income (at rates up to 35 percent) instead of as long-term capital gains ...
Terrorism insurance 10-year extension suggested.(CAPITOL BEAT)
Aug 01, 2007 ... On June 18, Rep. Mike Capuano (D Mass.) and House Financial Services Committee Chairman Barney Frank (D-Mass.) introduced legislation (HR 2761) in the House of Representatives to extend the Terrorism Risk Insurance Act (TRIA) for 10 years. Congress passed TRIA in 2002 to create a federal ...
Senate passes energy bill, rejects building code amendment.(CAPITOL BEAT)
Aug 01, 2007 ... Acting on election promises, both houses of Congress have made comprehensive energy legislation a priority. On June 21, after weeks of debate, the Senate passed a closely watched bill (HR 6) that raises fuel economy standards and expands renewable fuels. The measure originally ...
Transactions make Colonial an apartment-focused REIT.(INDUSTRY INSIDER)
Aug 01, 2007 ... Colonial Properties Trust, a REIT headquartered in Binningham, Ala., completed its strategic initiative of becoming a multifamily focused REIT with the sale of the majority of its office portfblio and a portion of its retail portfolio into two separate joint venture transactions last month ...
Yahoo! Real Estate partners with Apartments.com.(INDUSTRY INSIDER)
Aug 01, 2007 ... Apartments.com, a leading apartment rental listing service, has been selected as the featured apartment listing provider on Yahoo! Real Estate. Through this relationship, Yahoo! Real Estate users can search for apartments on the Apartments.corn database of more than 3 million apartment ...
For Rent Media Solutions.(Movers and Shakers)
Aug 01, 2007 ... For Rent Media Solutions promoted Mike Gladfelder to Northwest District Manager. Gladfelder oversees operations for the ...
Lane Company.(Movers and Shakers)
Aug 01, 2007 ... Atlanta-based Lane Company hired Jerry D. Davis as Development Partner for the firm's new Arizona and Southern California ...
Apartment Realty Advisors.(Movers and Shakers)
Aug 01, 2007 ... Apartment Realty Advisors (ARA), a multifamily housing brokerage and investment advisory company, promoted Jed Millburn to Principal of the ARA ...
JPI East.(Movers and Shakers)
Aug 01, 2007 ... JPI East, a division of JPI, hired Barbara E. Mackin as Vice President and Senior Asset Manager and Ben Miller as Asset Manager. Mackin leads the Mid-Atlantic asset management team, which is responsible ...
Crosland LLC.(Movers and Shakers)
Aug 01, 2007 ... Crosland LLC hired Dionne Nelson as a Development Associate for the Residential Division. Nelson is responsible for executing development activities from conceptualization through construction. She will manage ...
NAA launches new online supplier buyers guide.(INDUSTRY INSIDER)(Buyers guide)
Aug 01, 2007 ... NAA has launched its new online NAA Supplier Buyers Guide. Accessible from the NAA Web site homepage (www.naahq.org), this unique, comprehensive buyers guide enables NAA's members and other apartment industry professionals to locate the products and services they need. The NAA ...
Fiscal fundamentals: research, order and organization are required when devising an annual budget.
Aug 01, 2007; ... A well-organized budgeting plan is the key element to an efficiently run apartment portfolio. An apartment manager's ability to thoroughly evaluate every aspect of each community under management and allocate the proper funds to maintenance, upgrades and services is essential to both ...
Financial philosophy: Collier Companies doesn't do budgets--it creates a financial plan. And, by seeking input on decision-making from staff, all become invested in the process.
Aug 01, 2007; ... Collier Companies, a privately held company with more than 8,500 apartments in 34 communities, eschews budgeting and rather prefers to engage in a process known as "financial planning." To some, the difference may be largely semantic, but Collier believes that words create ...
2007 Survey of Operating Income & Expenses in Rental Apartment Properties: executive summary.(Cover story)
Aug 01, 2007; ... NAA has completed its Survey of Operating Income & Expenses in Rental Apartment Properties for 2007, based on data supplied by NAA members for 2006. For a second consecutive year, major findings in this survey of the professionally managed rental apartment industry show a distinct ...
Catering to co-eds: to attract today's students, think amenities, parties and a collegiate atmosphere.
Aug 01, 2007; ... Many in the apartment industry fear student housing. It can seem like a world with unknown rules and residents whose needs and desires are difficult to understand. But there is really nothing to fear. Succeeding in this niche market is all about knowing the audience and delivering expected ...
Family matters: two-thirds of family-owned businesses don't make it to the second generation. Don't let yours be one of them.
Aug 01, 2007; ... Peter and Nathan--brothers who were newly involved in running the family rental housing business--finally decided to take bold action. They whisked away the domineering president of their company--who also happened to be their father--for a long weekend. The purpose of the trip? Peter and ...
Wind insurance costly, scarce on Gulf Coast.(NAA Co-Sponsored RAND Study)
Aug 01, 2007 ... Many businesses along the Gulf of Mexico coast have had a difficult time obtaining wind insurance coverage since Hurricanes Katrina, Rita and Wilma hit in 2005 mad have often ended up paying more than twice as much for the insurance as they did previously, according to a RAND Corporation ...
Don't wait to start a waiting list: whether for creative marketing or damage control, a waiting list can work to your advantage.
Aug 01, 2007; ... Some of the most memorable images from the condo boom were photos of eager prospects camped out on the sidewalk in hopes of putting down deposits on condos. And while not everyone stood in line, many put their names on waiting lists hoping to get the residences of their dreams. ...
Foreclosures: crisis or media hype? During the next six to 12 months, apartment firms expect an increase in the number of inquiries and requests they will get from applicants who have foreclosure on their credit reports.
Aug 01, 2007; ... With the rate of new home foreclosures reaching record highs in the first quarter of 2007, members of the Greater Charlotte Apartment Association (GCAA) met to discuss how this influx of potential residents with checkered credit histories would affect the apartment industry Each ...
The 1-2-3s of the SEER 13.
Aug 01, 2007; ... For more than six years, the apartment industry has been bombarded with HVAC news, statistics and, just recently, replacement frenzy. 1. Know what it is. In 2001, the U.S. Department of Energy established a role that amended energy conservation standards for central air ...
2007 NAA Education Conference & Exposition: making a difference finale.
Aug 01, 2007 ... Talk about beginner's luck--having her name drawn as the grand prize winner was the ultimate pay-off for Tracie Eagle, District Manager, Berkshire Properties, Hampton Roads, Va., who was attending her first NAA Education Conference & Exposition in June in Las Vegas. Having ...
Indiana team wins Maintenance Mania.(NAA TODAY)(Conference notes)
Aug 01, 2007 ... Excitement and intense competition characterized the first annual Maintenance Mania National Championship, sponsored by HD Supply, at the 2007 NAA Education Conference & Exposition at the Mandalay Bay Resort and Casino June 30. But after completing seven events in a room filled with ...
Arkansas Past President loses battle with cancer.(NAA TODAY)
Aug 01, 2007 ... Cheryl Hodges, Past President of the Arkansas Apartment Association (AAA) and AAA member for the past eight years, died May 11 after a courageous battle with cancer. Hodges was a property manager for Lanai Apartments in Little Rock, Ark., and worked in the industry for 20 years ....
Triangle (N.C.) Association supports missions.(NAA TODAY)
Aug 01, 2007 ... Two years ago the Triangle Apartment Association (TAA) began an annual partnership with the Durham, N.C., and Raleigh, N.C., rescue missions by giving a helping hand to those in need. One motivation that particularly touched the members was that most of the recipients were homeless ...
Yardi's $300,000 contribution begins NAAEI's second fund-raising phase.(NAAEI NEWS)
Aug 01, 2007 ... Yardi was recognized for its $300,000 contribution to the National Apartment Association Education Institute (NAAEI) June 28 as NAAEI began its second phase of fund raising. NAAEI surpassed its initial fund-raising goal of $5 million last July, raising $5.26 million. Yardi's ...
Apartment Careers DVD available.(NAAEI NEWS)
Aug 01, 2007 ... The NAA Education Institute (NAAEI) unveiled its Apartment Careers DVD June 27 to rave reviews from NAA members during the NAAEI Board meeting in Las Vegas, The DVD will be used by the apartment industry to assist with recruiting high school, career and technical school and ...
NAAEI Board approves funding.(NAAEI NEWS)
Aug 01, 2007 ... The NAA Education Institute Board approved $125,000 in funding to launch an NAAEI-specific Web site to complement the new NAAEI career awareness DVD and related collateral such as additional videos for specific career ...
NAAEI honors new designates.(NAAEI NEWS)
Aug 01, 2007 ... <Pre> NAAEI Honors New Designates Please join NAAEI in congratulating the following individuals who received their designations in June 2007. Certified Apartment Maintenance Technician 1 Mark S. Allen, CAMT IILubbock, Texas Benita J. DeLaCerda, ...
NAA Affiliated Apartment Association phone directory: August 2007.(Directory)
Aug 01, 2007 ... Alabama * Alabama Apt. Association 205/424-3175 * Apt. Association of North Alabama 256/539-2998 * Birmingham Apt. Association 205/424-3175 * Mobile Bay Area Apt. Association ...
National suppliers council directory.(Directory)
Aug 01, 2007 ... NSC Directory NATIONAL SUPPLIER'S COUNCIL OF THE NATIONAL APARTMENT ASSOCIATION The National Supplier's Council (NSC) is a group of allied service representatives to the multifamity housing industry that has organized to help housing owners provide the best possible ...
For Rent Media Solutions brings text messaging to clients.(WHAT's NEW)
Aug 01, 2007 ... For Rent Media Solutions is tapping into the mobile marketing world by introducing text messaging to its clients. According to M:Metrics, an authority on mobile marketing, 68 percent of U.S. mobile subscribers ages 18 to 24 years regularly send and receive text messages. Another 52 percent ...
Apartment Home Living offers free text messaging.(WHAT's NEW)
Aug 01, 2007 ... Apartment Home Living provides free text messaging for every apartment community nationwide. The service allows communities to easily create, manage and promote their own text codes. When potential apartment residents use the text number, they automatically receive a text reply ...
Sherwin-Williams colormix[TM] '08 forecast maps out latest design trends.(WHAT's NEW)
Aug 01, 2007 ... The Sherwin-Williams '08 color-trend forecast paints the way to an exciting exploration of color. The 39 hues selected by Sherwin-Williams color experts for the colormix '08 forecast are grouped into four destination themes: Around the World, Fork in the Road, No Place Like Home and Expand ...
Expanded LeasingDesk automates entire leasing process.(WHAT's NEW)
Aug 01, 2007 ... LeasingDesk, Irvine, Calif., introduced an expanded suite of solutions that simplifies and expedites the leasing process for rental housing communities. The comprehensive offering streamlines the execution of leases by automating processes at the point of lease. The enhanced ...
Staff training tips to try.(TRAINING TRENDS)
Aug 01, 2007; ... Following are tips on how to improve staff training and some unique opportunities to provide training, based on a session moderated by Pinnacle's Regional Education Director Sue Weston during the 2007 NAA Education Conference & Exposition. Those at the round-table session made these ...
Have you considered Podcasts?(TRAINING TRENDS)
Aug 01, 2007 ... Alliance Residential Company has taken to the trend of podcasts, according to Stacey Schlessinger, National Director of Training. Companies can purchase time on podcast.com and post instruction videos, announcements from the company's senior executives or general audio or video snippets ...