Measure For $10B-Plus Tax Hike May Gain Traction With Stressed Local Governments

Before the coronavirus pandemic hit, workforce housing was on the upswing.

Multifamily developers and institutional investors were flocking to the space. It was ranked as one of the best-performing asset types in multifamily development over the past five years. But in the age of the coronavirus, workforce housing is in for a steep decline, multifamily experts said. 

“The hardest hit sector is workforce housing,” The Bascom Group co-founder and Managing Partner Jerry Fink said during a Bisnow webinar on Getting Deals Done Amid Coronavirus. “Workforce housing was the sexy term in the industry. It was the…

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A surge in remote work after the coronavirus pandemic would also change residents' needs in an apartment community, multifamily experts say.

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This series aims to capture a moment in time, talking to men and women in commercial real estate about how their lives and businesses are being transformed by the coronavirus pandemic.

SVN Desert Commercial Advisors’ Melissa Swader is a workaholic by nature, so her new normal has more to do with logistics than lifestyle. With fewer daily distractions because of the pandemic isolation orders, her efficiency has increased, helping her lead administration, marketing and public relations for the sixth-highest-producing SVN office in the world (out of over 215 offices).

Along with implementing a 400-page Standard Operating Procedure plan during her five years at SVN, the Phoenix native has developed both a personal and professional brand by marketing herself and her unconventional strategies and tactics to her marketing industry peers. Swader’s efforts have paid off as the same Phoenix office that produced $55M in transactions upon her arrival in 2015 closed $130M in transactions in 2019. With these types of results, Swader’s new normal is all about production and efficiency.

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