This message contains images. If you don't see images, click here to view.
Advertise in this news brief.




Text Version    RSS    Subscribe    Unsubscribe    Archive    Media Kit September 09, 2014

Home   Join CAA   Calendar   Education   Legislative   Resources   Publications   Contact Us      


 

IN THIS ISSUE

CAA News
  • Connect with CAA on Social Media
  • Capitol update
  • Limited Preview sponsorship opportunities available
  • Business Exchange huge success
  • Welcome new members


  • Education In Focus
  • Chicagoland Apartment Association: Education update — fall 2014!
  • Class descriptions


  • Industry News
  • A survival guide for fledgling landlords
  • Get ready for a ton of new luxury apartments downtown
  • Multifamily housing is booming, and it doesn't look like a bubble
  • Apartment repossession law has offered no bite
  • Is Blackstone buying homes in your neighborhood?
  • Exploring housing needs for an aging population
  • Evictions soar in hot market; renters suffer







  • Connect with CAA on Social Media
    CAA
    CAA prides itself on providing more than 6,000 apartment professionals who own and/or manage over 148,500 apartments in more than 700 communities and buildings in the Chicago area with news and information that is pertinent to our industry.

    Our social media outlets will help you stay on top of all the news surrounding legislative efforts, new members, and local and national news regarding real estate and its management. Care to check up on news about an upcoming education session? We post our most popular events, seminars and scheduled meetings to help keep everyone on board.

    Like us on Facebook
    View our LinkedIn profile

    Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article


    Capitol update
    By Greg Brown
    Apartment Industry Colleagues,

    Let me begin this month by thanking those affiliated associations and owners who participated in our apartment community tour program over the August recess. You spent time, resources and patience organizing tours of apartment communities with elected officials, including members of Congress, candidates for the House of Representatives and even state legislators. The reports were overwhelmingly positive as these current and potential policymakers learned some things they did not know about our industry while building relationships with their constituents. At the same time, our case for reauthorizing the Terrorism Risk Insurance Act and stopping EPA's proposed clean water act rule was made.

    Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
    READ MORE


    Limited Preview sponsorship opportunities available
    CAA









    Our annual Preview Breakfast is only one month away! Sponsorship of this exclusive event are limited and selling quickly. Join companies like: Apartments.com, Berkadia Commercial Mortgage, Chase-Multifamily Lending, CRG Residential, CoreLogic SafeRent, Law Offices of David K. Barhydt, Ludwig And Company, Magellan Property Management, RMK Management Corp., TLC Management Co. and United States Alliance Fire Protection. Click here for a sponsorship flyer with a description of benefits and here to register online. Click here to register to attend.

    Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article


      FEATURED COMPANIES
    Bed Bug Elimination Specialists

    Prep X provides integrated pest treatments including skilled preparation services and heat chamber. After pest servicing, we will even put the encased bed back in place so residents can sleep that evening. Please click the above links for the e-brochures or email or call (312)339-5032 for free quote. Mention this ad and get the first bed encased FREE of charge.   

    Lead Tracking Solutions
    Lead Tracking Solutions is a revolutionary leader in lead tracking & lead management for the multi housing industry. We provide immediate solutions that enable properties to automate, manage, & evolve their guest communications quickly & cost-effectively. MORE


    Business Exchange huge success
    CAA
    Thank you to everyone that participated in our Aug. 13 third annual Business Exchange at the Chicago Marriott Magnificent Mile. We had a record turnout and a great day. Click here to view pictures from the event. Thanks again to our event sponsor:


    Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article


    Welcome new members!

    Associate Members Owner/Management Members
    Nelson Firestopping & Lifesafety Service Five T Management
    LegalShield
    Spare to Share

    Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
    READ MORE







    Chicagoland Apartment Association: Education update — fall 2014!

    Register today!
    CAM Designation Sept. 15-19, 2014
    CAS Designation Sept. 16, 17 and 19 2014
    Apartment All-Stars Sept. 23, 2014
    Maintenance Mania Oct. 30, 2014
    NALP Designation – New Dates Nov. 11-13, 2014

    Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article


    Class descriptions
    CAA
    EPA Multifamily Energy Reporting
    The epidemic of new utility regulation continues to spread nationwide. Last fall, Chicago joined the expanding list of municipalities that now mandate energy consumption reporting. The compliance tool of choice for the multifamily housing industry is the EPA ENERGY STAR Portfolio Manager. Come hear the head of the EPA ENERGY STAR program present where the program is headed and if building scoring and certification will be in your future. The session will also include a panel discussion with leading industry executives, and a question and answer session to reveal exactly how this will impact your business.

    Date: Wednesday, Sept. 10
    Time: 8 a.m.-10 a.m.
    Location: East Bank Club 500 N. Kingsbury Chicago, IL
    Presenters:
    Michael Zatz, Chief of Market Sectors, Energy Star
    Amy Jewel, Senior City Advisor, City Energy Project
    Peter Zadoretzky, Sustainability Project Manager, Bozzuto Management Company
    Moderator: Keith Nelson, President, Ocius

    Certified Apartment Manager (CAM) & Certified Apartment Supplier (CAS)
    Earn Recognition as an Industry Professional!
    Increase your effectiveness by enhancing your knowledge of the multifamily industry. The CAM & CAS curriculum is designed to maximize the experience of the on-site professional and clear a path for growth and recognition. Your enrollment will enhance and advance your own career by demonstrating your commitment to education and higher standards of excellence.

    Dates: CAM | Sept. 15-19, 2014
    Dates: CAS | Sept. 16, 17 and 19, 2014
    Location:
    CAA, 557 W. Randolph., Ste 201, Chicago, IL
    Instructor: Sherre E. Helmer, National NAA Trainer
    This is the last week to register for this class!
    Register Here — CAM
    Register Here — CAS
    Single classes are also available.

    Apartment All-Stars
    The Apartment All Star Experience is like no other event you will attend this year. The unique blend of three national speakers on our stage at one time creates an energy force that will be the most exciting time you will spend at a seminar. Join Us at the innovative, motivating and FUN Apartment All Stars 2014. Staying ahead of trends is critical to competing in today’s rental market. Be sure you're ahead of the curve and register today!
    3 hours of Continuing Education Credits (CECs)

    Date: Tuesday, Sept. 23, 2014
    Location: US Cellular Field | Home of the Chicago White Sox | 333 W. 35th St.
    Time: 9 a.m.-1:30 p.m.
    Cost: $125 Member | $150 Non-Member
    Register Here
    All-Star Presenters: Alexandra Jackiw | Pete Regules | Lisa Trosien | Don Sanders

    Maintenance Mania
    Football lovers wait all season for the Super Bowl, basketball enthusiasts live for March Madness, and the multi-housing industry’s opportunity for greatness happens at the Chicagoland Apartment Association’s Maintenance Mania. On Thursday, Oct. 30, more than 100 multi-family maintenance technicians come to compete for time in skill-based table games (based on common maintenance activities) including the pinewood derby style car race where the cars are made out of maintenance supplies!
    3 hours of Continuing Education Credits (CECs)

    Date: Thursday, Oct. 30, 2014
    JC Restoration, 3200 Squibb Ave., Rolling Meadows, IL
    Education Sessions 9 a.m.-12 p.m.
    Competition 1 p.m.-5 p.m.
    Cost: Member Ticket: $99 | Non-Member Ticket: $150
    Early bird rate extended until Sept. 15!

    The Chicagoland Apartment Association (CAA) offers its members the most comprehensive array of industry resources, education and advocacy exclusively devoted to the multifamily rental industry.

    Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article




    A survival guide for fledgling landlords
    Chicago Tribune
    Sometimes, when landlord Leigh Robinson has tenants who are late with the rent, he might send them a cartoon — a gentle jab to remind them to pay up. If that method fails, or if the tenants are complete deadbeats, he might bribe them to move out. Some of his management techniques may be a bit on the unconventional side, but having owned hundreds of housing units over four-plus decades, Robinson has become confident about what works and what doesn't.
    Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
    READ MORE


    Get ready for a ton of new luxury apartments downtown
    Chicago magazine
    Chicago's newest apartments are leasing fast, even as a healthy helping of high-end new-builds gives renters a lot to choose from. The true test of demand will come in the next two years, when, by the end of 2016 downtown could add as many as 8,700 new apartments. There are a total of about 28,000 today. This is according to projections by Appraisal Research Counselors, defining "downtown" as the area from Cermak Avenue to North Avenue and Lake Michigan to Ashland Avenue. You don't have to dig deep for examples of rapid leasing in today's market.
    Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
    READ MORE


    Multifamily housing is booming, and it doesn't look like a bubble
    Enterprising Investor
    Much attention has been paid to the fact that the rebound in single-family housing has been tepid, but investors must understand the underlying structural changes that are driving these changes. The rebound in housing starts has been uneven between single-family and multifamily housing. Single family has rebounded from a trough of 400,000 annual starts to 650,000, but well below the peak in 2006. It's a very different story in multifamily housing, where housing starts are now at levels equal to or greater than pre-crisis at 440,000.
    Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
    READ MORE


    Apartment repossession law has offered no bite
    Chicago Tribune
    Almost 11 months after an ordinance took effect to protect tenants in foreclosed, repossessed rental buildings within Chicago, no enforcement tickets have been issued or fines assessed against building owners. One reason is that some of the banks taking possession of properties are following the ordinance by offering leases to qualified tenants or evicting others and providing them with the required relocation assistance of $10,600 per unit. Another is Illinois' lengthy foreclosure process, which extends the time for properties in the foreclosure pipeline to come out the other side and the required notifications to be sent.
    Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
    READ MORE


    TRENDING ARTICLES
    Missed last week's issue? See which articles your colleagues read most.

        CHA should end rent subsidies for luxury apartments (Crain's Chicago Business)
    The decision is in: A move-in fee is not a security deposit or pre-paid rent (Kovitz Shifrin Nesbit)
    CHA 'supervouchers' spark federal probe (Crain's Chicago Business)
    Report: CHA saved millions while residents waited (Chicago Tribune)
    Outcome of midterm elections critical to apartment industry (By Greg Brown)

    Don't be left behind. Click here to see what else you missed.


    Is Blackstone buying homes in your neighborhood?
    Crain's Chicago Business
    Several months ago, Stanley Strand was happy to at last see people moving into the three-bedroom home across the street from his in Oak Forest. The house on Orogrande Drive, a recent foreclosure, had stood unoccupied for about 18 months. "Having somebody in there again is definitely better than watching it sit empty," said Mr. Strand, a retired teacher who has owned his house with his wife, Janice, since 2000. The newcomers are renters, leasing from Invitation Homes LP, the Dallas-based company that rents and manages a national portfolio of rental homes purchased by New York-based investment firm Blackstone Group L.P. over the past few years.
    Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
    READ MORE


    Exploring housing needs for an aging population
    Chicago Tribune
    In 1990, with the exception of Cook County, no more than 21 percent of Chicago-area residents were 50 or older. In Cook County, it was 26 percent, according to the Census. Back then, the first members of the baby boom generation hadn't celebrated their 50th birthday. Those birthdays started in 1996. And here's what it meant: By 2010, 27 to 32 percent of people living in the seven-county Chicago area were 50 and older. In the years to come, where and how well are they going to live?
    Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
    READ MORE


    Evictions soar in hot market; renters suffer
    The New York Times
    For tens of thousands of renters, life has become increasingly unstable in recent years, even as the economy has slowly improved. Middle-class wages have stagnated and rents have risen sharply in many places, fueled by growing interest in urban living and a shortage of rental housing. The result is a surge in eviction cases that has abruptly disrupted lives, leaving families to search for not just new housing that fits their budgets but new schools, new bus routes and sometimes new jobs.
    Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
    READ MORE
     

    CAA In Focus
    Colby Horton, Vice President of Publishing, 469.420.2601
    Download media kit

    Esther Cho, Content Editor, 469.420.2671  
    Contribute news

    Chicagoland Apartment Association
    557 W. Randolph St. #201 Chicago, 60661
    Phone: 312-207-1890/Fax: 312-207-1890

    Be sure to add us to your address book or safe sender list so our emails get to your inbox. Learn how.

    This edition of the CAA In Focus was sent to ##Email##. To unsubscribe, click here. Did someone forward this edition to you? Subscribe here — it's free!
    Recent issues
    Aug. 26, 2014 - correction
    Aug. 26, 2014
    Aug. 12, 2014
    July 29, 2014



    7701 Las Colinas Ridge, Ste. 800, Irving, TX 75063