Entries by admin

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Tax Reform: No free lunch for apartment owners

Rural Nebraskans suffered from heavy flooding this past March, so the IRS allowed residents of many counties to extend their filing deadline to July 31st. As we wind down this uniquely painful tax season, it’s time to reflect on what has been a most unpleasant set of surprises unleashed upon many real estate investors by […]

An aerial view of our new project in Aksarben Village

ZONE 6 APARTMENTS, AKSARBEN VILLAGE64TH AVENUE AND FRANCES STREET OMAHA NE We are excited to announce our newest apartment project in Aksarben Village. The building will feature 62 studio, one and two-bedroom units. We expect completion in early 2021. This building will be adjacent to to our other projects Pinhook Flats and CUE Apartments. We […]

Pigeons, Chickens and Interest Rates

There was a hilarious video making the rounds on social media last week that featured a pigeon strutting around a barnyard with a puffed up chest and its head cocked high in the air. The pigeon was imitating a flock of brown chickens who were parading about, pecking at the seeds on the ground. I […]

Apartment Development has a Big Lebowski Moment

By now, just about everyone knows the boiling frog metaphor. The business parable now sits among the regal pantheon of Vince Lombardi quotes, TedTalks about body postures, and the mystical epiphanies which occur when you gaze deeply in your Steve Jobs mirror. So let’s take the boiling frog story and give it a new level […]

Does Omaha need any more apartments?

A couple of years ago I published my views about the supply and demand of multifamily rental housing in the Omaha metropolitan area. My conclusion was that softness would appear by late 2017 due to an acceleration of supply. I have been pleasantly surprised by the continued strength of the market. Occupancy levels are at […]