Revenue management’s data dilemma
The first multifamily housing property went live on revenue management (RM) 23 years ago in February. That system was the first iteration of Lease Rent Optimizer (LRO), designed by Talus Solutions and later acquired...
Apartmentalize roundup: Maintenance as cost saver, operations help close deals
The quest for savings at multifamily properties kicked up a notch at June’s National Apartment Association’s Apartmentalize conference in Philadelphia.
Managing expectations: maintenance
Maintenance, an essential and rapidly growing cost center that is nonetheless crucial to...
Why housing costs remain a major hurdle for lowering inflation
Housing inflation continues to be a stubborn impediment to the consumer price index (CPI) falling back to the Federal Reserve’s target.
Despite broader economic inflation cooling significantly from pandemic peaks, the shelter inflation index has...
Building permits for apartments declined nearly 30 percent since pandemic
Persistently high interest rates are restricting the ability of businesses to borrow money to invest in real estate construction.
Fewer builders are seeking permits for multifamily housing units or apartments as many remain concerned about...
RealPage breaks silence in response to allegations of price fixing
RealPage breaks silence in response to allegations of price fixing levied by renters' groups and the U.S. Department of Justice, releasing a statement that tells "the real story."
The statement is a response...
Biden calls for rent control
In President Biden’s press conference on July 11, he mentioned his plan to impose rent control with a 5 percent rent increase cap on corporate landlords as part of his second term agenda if...
L.A. homeless tower building cost rings bells
Gym, balconies, restaurant, soundproof music studio, business center, located in downtown Los Angeles, and it’s pet friendly.
Sounds like a pretty good hotel, four-stars at least.
Sounds like it, but it isn’t. It’s the new Weingart...
Rules that make dishwashers, wash machines perform worse also illegal
Plaintiffs argue that the Department of Energy has no legal authority to impose its own water use limits on energy-consuming home appliances.
The federal regulations that make dishwashers and washing machines worse are also illegal....
How to assess a resident’s request for an emotional support animal
Multifamily housing providers are faced with increasing requests from residents with disabilities for emotional support animals (ESA). Requests for ESAs are generating more enforcement actions.
In 2020, the U.S. Department of Housing and Urban Development...
NAHB Multifamily Pillars of the Industry Winners 2023
The National Association of Home Builders (NAHB) Pillars of the Industry award winners are in. Yield Pro is honored to present the nation’s best.
Best high-rise apartment community
10 stories plus
Carlyle Crossing Alexandria, Virginia
18-STORY • 741 UNITS •...
INFOGRAPHIC: Appliance payoff models explode
^58 percent increase in requested quotes to thousands of appliance repair businesses y/y (2022-2023)
^43 percent increase in appliance spend in 2023 compared to 2013—rising from $390 to $558 over the decade
Why? 1987. Home appliances...
INFOGRAPHIC: Disparate impact of high interest rates
Disparate impact of high interest rates has adversely impacted millions of low- and middle-income families—and housing providers. More often high interest rates depress stock and housing prices, and other asset values— impacting all income...
Game changer
With Greystar Real Estate Partners' acquisition of Riverstone Residential in June, the nation's two largest privately owned apartment management companies are now one mega-firm with almost double the number of managed units than that...
Market demand sets stage for few rent hikes
While asking rents for new leases nationally are running nearly flat over the past 12 months, those figures are heavily influenced by the Sunbelt, where record-high supply has turned rent growth negative in some...
