Ray interviews Leven Rambin

BY RAY HANKAMER
rhankamer@gmail.com

Note: Two months back, Ray’s Buzz interviewed Howard Rambin, who mentioned how he had helped his daughter, Leven, get her start acting by hiring professional show business agents/managers from the very start, and by validating her as a person and young professional. Here is my conversation with her:

Ray: Leven, we heard a couple of months back from your dad about his career. Now let us hear a little bit about yours! How did you get started in acting?

Leven: I started acting in plays at St. Francis Episcopal and my mom and dad were smart enough to enlist the guidance and help of a local acting teacher, Elyse Lester. My dad always encouraged me to work hard. Watching him run Moody Rambin with diligence and passion and relentlessness instilled in me a work ethic and boldness and inspired me to make him and myself proud.

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CCIM LUNCHEON

BY RAY HANKAMER
rhankamer@gmail.com

SPEAKER – Stephen Reiter, Jones | Carter Engineers Management Issues Following Harvey

Takeaway: Mathematical calculations using more pinpointed data, plus on-the-ground observation following Hurricane Harvey, have resulted in modifications to tighten requirements affecting construction in the 100- and 500 year floodplains.

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O’Connor Apartment Forecast Luncheon

BY RAY HANKAMER
rhankamer@gmail.com

Speakers – Stacy Hunt, Executive Director-Greystar; Ricardo Rivas, CEO-Allied Orion Group

Takeaway: Nationally and locally the multi-family (MF) segment is very healthy.

  • MF starts nationally are at a record of 300-350,000 units per year
  • Sales of single family homes are lagging as renters are renting longer and Millennials are choosing to rent instead of to buy
  • Fancy student housing projects ‘train’ college grads to look for the same amenities in their apartment projects
  • Between 2010 and 2017 tenant ‘turnover’ has fallen from 62% to 52% per annum, and the longer occupancy periods save money for MF operators nationwide as they pay fewer locator fees, renovate less often, and lose less revenue in the gaps between rentals
  • There is a lot of individual and institutional equity available for MF developers now, and quality of MF developments is getting higher nationwide on average

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