Hi-Tech Rent Calculators
In the fast-moving multi-family housing market, where local conditions seem to change every day, wouldn’t it be great to have a real-time pricing system, just like the airlines, which know exactly the probability of filling a given seat at a given price on a given day? In the past three years, two rental management programs--Lease Rent Optimizer and YieldStar Price Optimizer—have appeared, claiming to do just that. The Web-based applications chew up data on supply, demand, competitor prices, unit characteristics and other variables and then spit out rents daily. Apartment owner Archstone-Smith developed Lease Rent Optimizer and YieldStar was developed by Jeffrey Roper, president of apartment research firm M/PF YieldStar in Carrollton, Texas. ...
Double-Edged Recovery
The late 1990s tech boom left the national office market chock-full of tenants, but innovations achieved during that hasty expansion aren't yielding the...
Office Building Security Is Getting Quite Smart
When coordinated suicide bombings struck London's public transport system last July, closed circuit television (CCTV) footage enabled police to identify...
Let the Sunshine In
Two newly built office buildings in California are setting out to capture one of the state's most prized assets sunlight. While very different in appearance,...
Technology Gains Bittersweet for Evolving Real Estate Industry
If we were to add a sixth trend to our cover story this month, Forecast 2006, undoubtedly it would spotlight technological change and its impact on the...
Finding the Sweet Spot
Adecade ago, the field staff at Dunkin' Brands would find promising new locations for their Dunkin' Donuts, Baskin Robbins and Togo's stores by counting...
The Office Investment Gamble
Several office markets battered by the tech wreck that jolted Wall Street and led to a recession four years ago are still plagued by double-digit vacancies....
In This Star-Studded City, Mixed-Use Shines Brightly
Anyone seeking evidence of the runaway popularity of mixed-use development in Los Angeles need look no further than the $3 billion extravaganza downtown...
Who Says That Lenders Aren't Tech-Savvy?
For most professionals involved in financing commercial and multifamily real estate, Carly Simon said it best these are the good old days. Low rates,...
Goodbye, Cube Farm
Like goatees, 19-year-old billionaires, and taking your dog to work, the open office format sounds like a '90s idea that should be over by now. On the...
It Pays to Be Green
Green design isn't just for a few trendy owners anymore. These days, even the Department of Defense, a federal agency not known for its environmental...
Malls Need to Be Wired for the 21st Century, Says Jim Young, Technology Expert
ATLANTA -- After jetting around the globe over the past year in search of best practices for commercial real estate, automation expert Jim Young has come to one inescapable conclusion: If U.S. malls are to remain engaging, vibrant and reflect a 21st century lifestyle, shopping center owners and retailers need to embrace technology — from high-speed wireless networks to radio frequency identification (RFID) solutions to video conferencing....
Staying A Step Ahead in Seniors Housing
In the past, senior living investors lacked access to concrete supply and demand information on their local markets. They were forced to base their investment...
Connecting Technology with Tenants
Office building owners over the last three years have had little choice but to become models of operating efficiency to weather the economic downturn....
