Authors Posts by NMHC

Based in Washington, DC, National Multi Housing Council (NMHC) is a national association representing the interests of the larger and most prominent apartment firms in the U.S.  NMHC's members are the principal officers of firms engaged in all aspects of the apartment industry, including owners, developers, managers and financiers.  Nearly one-third of Americans rent their housing, and more than 14 percent live in a rental apartment.

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Carried Interest Tax Increase’s Unintended Victim? Affordable Housing

WASHINGTON, DC - July 19, 2011 - (RealEstateRama) -- As President Obama and Congress continue their negotiations on a package to increase the debt ceiling, the National Multi Housing Council (NMHC) and the National Apartment Association (NAA) are urging lawmakers to reject proposals to change the tax treatment of carried interest,[1] which would have a devastating effect on affordable housing.

Surge in Freshman College Applications Unaffected by Recession, Finds the National Student Housing Council

WASHINGTON, DC - June 2, 2011 - (RealEstateRama) -- Higher education has not become a “collateral victim” of the Great Recession, finds Enrollment Trends in the Recession, a new white paper from the National Student Housing Council, a subsidiary of the National Multi Housing Council.

Finance Veteran Kenny Emson Named Senior Vice President of Finance and Administration for the...

WASHINGTON, DC - May 31, 2011 - (RealEstateRama) -- Financial and nonprofit veteran Kenny Emson has been named Senior Vice President of Finance and Administration for the National Multi Housing Council (NMHC). As a member of the Council’s senior leadership team, Emson will oversee the organization’s financial and administrative operations and will participate in the strategic planning process.

“New Normal” Favors Renting, Requires Updated Housing Policy

WASHINGTON, DC - May 31, 2011 - (RealEstateRama) -- The “new normal” favors more renting, which requires new thinking about our housing policy, according to speakers at the National Multi Housing Council’s (NMHC) Mid-Year Apartment Strategies/Finance Conference and Board of Directors meeting held this week in Palm Beach, FL.

Lawmakers Must Consider Apartment Sector’s Unique Needs as They Weigh Housing Finance Reform Options

WASHINGTON, DC - May 26, 2011 - (RealEstateRama) -- A government-supported secondary market is absolutely critical to the apartment industry if it is to continue meeting the nation’s demand for affordable and workforce housing, according to testimony given today by Mark J. Parrell, Executive Vice President and Chief Financial Officer of Equity Residential.Parrell testified today on behalf of the National Multi Housing Council (NMHC) and the National Apartment Association (NAA) before the Senate Banking Committee’s hearing on housing finance reform.

Backlog of Multifamily Mortgage Applications at HUD Creating Economic Consequences

WASHINGTON, DC - May 25, 2011 - (RealEstateRama) -- HUD’s failure to keep pace with the volume of multifamily mortgage applications is exacerbating the nation’s shortage of workforce housing, jeopardizing the thousands of jobs created by new apartment construction and reducing the new revenues the program could be generating for the federal government.

Apartment Sector Sets Records In Market Tightness And Equity Availability, NMHC Market Conditions Survey...

WASHINGTON, DC - May 5, 2011 - (RealEstateRama) --The apartment industry’s recovery continues briskly, according to the National Multi Housing Council's (NMHC) latest Quarterly Survey of Apartment Market Conditions.

Affordable Housing Providers Dominate Apartment Industry’s Largest Owners, According to NMHC’s Annual Ranking of...

WASHINGTON, DC - April 121, 2011 - (RealEstateRama) -- The apartment industry made a surprising recovery in 2010 from the “Great Recession,” and that recovery is reflected in the 2011 NMHC 50, the National Multi Housing Council’s annual ranking of the 50 largest apartment owners and 50 largest managers.

Apartment Industry Announces Improved Renters’ Insurance Data Transfer Standard

WASHINGTON, DC - March 3, 2011 - (RealEstateRama) -- The Multifamily Information and Transactions Standards (MITS) initiative, the apartment industry’s coordinated effort to create data standards so different software programs can “talk to each other,” has released a new "Renters’ Insurance 4.0" standard.

Apartment Groups Encouraged by Administration’s GSE Plan; Call for Continued Federal Guarantee for Rental...

WASHINGTON, DC - February 11, 2011 - (RealEstateRama) -- National Multi Housing Council (NMHC) President Doug Bibby issued the following statement concerning today's release of the Obama Administration's proposal for reforming Fannie Mae and Freddie Mac. His statement is on behalf of NMHC and its joint legislative partner, the National Apartment Association.

Equity Capital Eyes The Apartment Sector Says NMHC Quarterly Market Conditions Survey

WASHINGTON, DC – The apartment industry continues its broad-based recovery, according to the National Multi Housing Council's (NMHC) latest Quarterly Survey of Apartment Market Conditions.

Apartment Groups Welcome Obama “Better Buildings Initiative”

WASHINGTON, DC - February 3, 2011 - (RealEstateRama) -- The National Multi Housing Council (NMHC) and the National Apartment Association (NAA) released the following statement concerning the Better Buildings Initiative announced by President Obama today. The statement was issued by NMHC/NAA's Vice President of Energy and Environment, Eileen Lee.

Capitol Hill Veteran Cindy Chetti Named Senior Vice President of Government Affairs for the...

WASHINGTON, DC – Capitol Hill veteran Cindy Chetti has been named Senior Vice President of Government Affairs for the National Multi Housing Council (NMHC). She will be responsible for developing and implementing strategy for all legislative and regulatory issues of interest to NMHC and its joint legislative partner, the National Apartment Association.

Apartment Insurance Cost Fell 6% In 2010, NMHC Finds

WASHINGTON, DC - December 3, 2010 - (RealEstateRama) -- Apartment firms benefited from lower insurance costs in 2010, according to the National Multi Housing Council’s annual

Urgent Fixes Needed in the Federal Section 8 Housing Program to Avoid Loss of...

WASHINGTON, DC - Tens of thousands of affordable housing residents are at risk of losing their housing unless Congress acts to force changes at the U.S. Department of Housing and Urban Development (HUD).

Home Buyer Tax Credit Won’t Fix the Foreclosure Crisis

HOME BUYER TAX CREDIT WON'T FIX THE FORECLOSURE CRISIS AND WON'T KEEP PEOPLE IN THEIR HOMES Congress Should Focus on Restructuring Mortgages, Not on Housing Oversupply

Mortgage Market Meltdown Raises Apartment Demand, But Financial Crisis Crimps Sales and Capital Availability...

WASHINGTON - The ongoing financial market turmoil and its spillover into the broader economy are having a mixed effect on the apartment sector, according to the National Multi Housing Council’s (NMHC) latest Quarterly Survey

NMHC/NAA File Suit to Block New Regulations Restricting Contracts Between Apartment Owners and Cable...

WASHINGTON, DC -- The National Multi Housing Council and National Apartment Association (NMHC/NAA) today filed a lawsuit against the Federal Communications Commission (FCC) asking the courts to strike down the FCC’s recently issued regulations retroactively banning “exclusive access” agreements between cable providers and apartment owners.

Business Real Estate Press Releases

Shops to Sprouts HB

Hanley Investment Group Completes Sale of Multi-Tenant Shop Building Shadow-anchored by...

Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm arranged the sale of a multi-tenant shop building shadow-anchored by Sprouts Farmers Market

Recent Gov & Nonprofit Real Estate Press Releases

McCormick Construction

Appraisal Institute Opens Valuation Profession’s Premier Event

More than 525 real estate professionals from around the world today attended the opening session of the valuation profession’s most important annual event, hosted by the Appraisal Institute, the nation’s largest professional association of real estate appraisers.