Industry Voices

Alfonso-Costa-Falcone-Group

By Alfonso Costa Jr. As the federal Opportunity Zone (OZ) program evolves into a permanent “OZ 2.0” framework, with new OZ census tracts taking effect Jan. 1, 2027, states like Florida are moving quickly to shape where capital flows by launching online portals. For developers, investors, business owners and local officials, understanding how these rules are changing and how to engage in state-level nomination processes will be critical to harnessing tax-advantaged equity while deploying it into projects that deliver long-term community benefit. Opportunity Zones 2.0 Brings More Flexibility and a …

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Craig-Johnsen-PPR-Capital-Management

By Craig Johnsen Few sectors have shifted more over the past five years than multifamily housing. From 2020 through 2022, asset prices climbed at a rate that, in retrospect, far outpaced the underlying drivers of long-term value. From 2023 through 2025, those same assets gave back much of that appreciation as capital pulled back, lenders grew more cautious and headlines became less favorable. To a casual observer, the sector now looks like one to wait out. If you are deeply embedded in the economics of the industry, however, it could …

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Brad-Butler

By Brad Butler The lack of affordable rental housing in the United States has reached alarming levels, and the problem seems to worsen with each passing month. As job creation has slowed in certain industries, many people are moving to urban areas in search of better employment opportunities, housing options and long-term economic stability. From the outside, this trend could make urban multifamily development look like an easy entry point into the business. But looks can be deceiving. While urban markets offer many advantages, development in these areas is significantly …

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Jay-Sawmiller

By Jay Sawmiller For multifamily and mixed-income housing owners and operators, liability claims are no longer rare, isolated events — they’re a growing operational challenge. From tenant injuries and environmental hazards to cyber incidents and employment-related liability exposures, a wide spectrum of risks is surfacing that can threaten financial stability and reputational standing. The stakes are especially high for developers, owners and operators managing affordable housing, where tighter budgets and regulatory scrutiny demand more robust risk management. Liability losses from premises-related injuries can vary, with some claims escalating into six- …

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Jack-Sandy-Vingcard

By Sandy Jack When you think about technology in multifamily, conversations have historically focused on solving one problem at a time. If you needed a lock, for example, you bought a lock. If you needed Wi-Fi, you found a provider. Each of those individual tech decisions might have made sense in the moment, but none of those decisions was connected to the others.   Operators are redefining technology by shifting the question from, “What do I need to invest in today?” to “How do these tools work together to better …

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Wendy-Dorchester-Pegasus-Residential

By Wendy Dorchester Pet-friendliness is one of the ultimate differentiators at rental communities, and the difference is obvious the moment you walk a truly pet-inclusive property. Residents bond over their pets, often knowing the names of each other’s dogs before they know the names of their neighbors. Communities that embrace this reality benefit from stronger renewal rates, more engaged residents and an environment that feels welcoming to a wider pool of renters. But while the industry has made significant progress over the past decade, the recent 2026 State of Pets …

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Taylor-Jones

By Taylor Jones I have been building bulk internet networks for more than 20 years. One thing has become clear to me over time: Owners are being asked to make infrastructure decisions that are perceived as technical, expensive and challenging when it comes to price-comparing in the marketplace. It is easy to feel like the only “safe” choice is fiber-optic cable throughout the building. While fiber is excellent technology and belongs in many projects, it is not the only path to a strong, modern, future-ready property. What follows is the …

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Mark-English

By Mark English One of the most famous illustrations of the Dunning–Kruger effect dates back to 1995 in Pittsburgh where two men robbed a bank in broad daylight without wearing masks, sunglasses, fake mustaches or any form of disguise. Unsurprisingly, they were quickly identified on closed-circuit television and arrested. What stunned law enforcement — and later the academic community — was the explanation the suspects offered. They genuinely believed that by rubbing lemon juice on their faces, they would be invisible to security cameras. Their reasoning was that lemon juice …

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Myles-Brown

By Myles Brown It’s no secret that building affordable housing comes at a premium. In the Northeast, where I work, and across the country, development costs for affordable units typically run 20 percent to 30 percent higher than those for market-rate apartments. Why? The answer lies in a combination of factors, but the primary reason is that complex funding structures often bring specific regulations, design requirements and labor mandates that drive up both soft and hard costs. Yet, in our experience designing multifamily projects, affordability doesn’t have to come at …

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Zach-Schofel-Cosign

I grew up around real estate. That meant summers power washing roofs in brutal heat, ripping out old carpet, painting benches and learning early that nothing about buildings is abstract. Someone pays for every decision. Someone lives with every mistake. My father and uncle ran a real estate company started by their father. From a young age, the rules were simple: work hard, study hard, be grateful. If you do those things, the system will reward you. For a long time, I believed housing worked the same way. As a …

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