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Latest News

Builder 100: Six Firms that Climbed the List

April 28, 2016

In advance of next week’s Builder 100 release, we spotlight six builders one each day that stood out on important issues including lots, labor, and lending.

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No. 172: The Bozzuto Group

The Bozzuto Group

Year Founded: 1988
2016 Builder 100 Rank: 172
Units Closed in 2015: 167
Percent Change YoY: +35%
Location: Greenbelt, Md.

When it comes to knowing what young home buyers want, The Bozzuto Group has a leg up on most of the companies on the Builder 100/Next 100 list.

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Hang Your Hat Here

April 22, 2016

Opening the door to the next stage in life means choosing the right housing option.

By Rebecca Kirkman | Photography by Mitro Hood - April 2016

’ve all seen the demographic bubble coming: The last of the baby-boomer generation turned 50 in 2014, meaning there’s now a large group of people nearing retirement or, at the very least, thinking about how they would like to live the next decade or two. But this isn't a group that's going to go quietly to the old folks’ home.

The good news? Baltimore was ranked the… Continue reading

Millennials Fuel Apartment-Building Boom; Will It Last?

April 02, 2016

Jason and Rebecca Petersen’s lives are in flux, just as they are for many young families. They like life as renters in the urban neighborhood in Denver called LoHi, where apartments are steadily replacing single-family houses, and crowds of millennials flock to trendy shops and restaurants.

But will they buy a house in the suburbs as their son, 3-year-old Lucas, nears school age? It’s a possibility, if jobs lead them there, or they go in search of better schools. But… Continue reading

The 2016 List of Chicago’s Best Landlords

March 20, 2016

The City of Chicago publishes a list of problem landlords, and updates it twice a year. The list has no properties in the prime near-lakefront neighborhoods where YoChicago concentrates its coverage.

A list of bad landlords isn't very helpful to renters, who are typically far more interested in finding a good one than in avoiding a bad one.

We know some bad landlords. We don't allow them to advertise at YoChicago, and we don't include their properties in our Continue reading

Customize Your Units to Make Renters Feel at Home—and Renew Their Leases

February 23, 2016

Industry experts say allowing residents to add personal design touches to their units increases the likelihood of lease renewal, often at little or no extra cost to either party.

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When Kellie Falk, managing director at Drucker & Falk Real Estate, received a letter from a longtime resident at one of the company’s properties, she hadn’t realized the lengths renters would go to to turn their apartment units into a permanent home.

The letter… Continue reading

Buying a Condo Sight Unseen Becomes More Common in Washington Area

February 11, 2016

February 11

Having lost three rentals she really wanted in New York to other apartment hunters who snatched them first, Lindsay Gabryszak said she knew she had to act fast when she found a condominium in Northwest Washington that checked all her boxes: new construction; cutting-edge design; and in the energetic Mount Vernon Triangle neighborhood with shopping, entertainment and her job at the Smithsonian Institution within walking distance.

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Grooming Your Successor

January 22, 2016

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Not long after Gilbert Winn learned to walk, he was visiting construction sites with his father, Arthur Winn. It was there that Gilbert’s interest in development originated, but it was at the kitchen table, hearing Arthur, who founded Boston-based WinnCompanies in 1971, discussing upcoming deals and projects, where his interest became a passion.

Now, Gilbert runs the company of 2,700 employees and its entities, which manage close to 100,000 multifamily units (fifth on the 2015 NMHC 50 Managers list)… Continue reading

CNBC: Apartment Vacancies Rise for First Time in Six Years -- Here's Why

January 11, 2016

As published on CNBC.com.

Sky-high rents and falling vacancies have characterized the U.S. apartment market for the past six years, but that is suddenly changing. The share of apartments available for rent rose for the second straight quarter at the end of last year, the first time that has happened since 2009, according to real estate data firm Reis.

"This truly represents a turning point in the apartment market. With construction outpacing demand, the… Continue reading

The Daily Record: Financing Set for Bozzuto’s Shady Grove Metro Project

December 23, 2015

As published in The Daily Record.

Bozzuto, EYA and Carlyle Realty Partners have completed the financing for the first multifamily building at a planned mixed-use development at the Shady Grove Metro stop in Rockville.

All three firms provided equity in the deal while Citizen Bank provided the debt. The West Side at Shady Grove Metro is a four-phase development that will include 1,114 apartments, 407 townhomes, 37,000 square feet of retail and 130,000… Continue reading

Multifamily Executive Magazine: Best Reuse of Land, Merit -- Monroe Street Market

October 08, 2015

As published in Multifamily Executive Magazine.

After demolishing university dormitories on its 8.9-acre South Campus in Washington, D.C., in 2011, The Catholic University of America (CUA) built a new college town on the urban infill site in partnership with two private developers. Named Monroe Street Market for Monroe Street, N.E., which cuts through the site, the five–city-block parcel now offers 562 apartments, a variety of retail and… Continue reading