7 Strategies for retaining multi-gen employees
It’s deceptively simple, but practices emphasizing flexibility, respect, adaptability, and communication are the key to success. As most leaders know (though I’ve met my share who don’t agree), a one-size-fits-all strategy simply doesn’t work with...
RE shake up
The National Association of Realtors’ landmark settlement is changing the way homes are bought and sold. Now, another industry dispute threatens to shake up how homes are listed for sale. A rule implemented in 2020...
Amazon gets FAA approval for new delivery drone in Arizona
Amazon said in October it received regulatory approval to begin flying a smaller, quieter version of its delivery drone, the latest step in its long-running efforts to get the futuristic program off the ground. The...
New multifamily research project launches: EVENT HORIZON
AI is changing the world right before our eyes. Already in wide use by federal agencies, banks and insurance providers, AI is adding value to industries across the board. Need an example? When was the...
Sign of the times: Squatters insurance
Landlord insurance typically doesn’t cover costs accrued in a squatter situation. Property insurance, which offers short-term rental insurance, created a unique type of coverage coming out of the COVID pandemic, that is specifically designated...
The average age of U.S. homebuyers jumps to 56
The average age of homebuyers in the U.S. has risen by six years since July 2023—another sign that younger Americans are being priced out of the market due to escalating ownership costs. The average age...
Digital ecosystems for modern apartment communities
A key component of having economically sustainable digital infrastructure in apartment buildings is investing in wiring, according to Dan Myers, the president and founder of Dojo Network. Myers shared his thoughts along with a panel...
The U.S. does not have a housing shortage
The word “shortage” has a very specific meaning. It refers to the inability to purchase a good at the current market price (or at any price). Rent control, which restricts the legal price of...
Men over 70 flooding back into the workforce
The headline figure of 12,000 jobs from the latest labor-market report is getting all the attention—but as usual, the much more interesting stuff is buried in the fine print. In this case it’s about the...
Residents expect electronic access control
Properties see value in access control solutions’ core mission of enhancing community safety and security. Parks Associates’ new study, Smart Properties: The Value of IoT for MDUs, finds many multifamily residents and staff now expect...
Multifamily core and value-add metrics outperform expectations
Much news about multifamily has been about the difficulties in the asset class. A new report from CBRE Research raises an interesting comparison to the office segment—a differentiation in performance by property subclass. CBRE said...
DOJ sues RealPage for housing inflation government caused
President Biden, Vice-President Harris and their Department of Justice have come out strongly against RealPage for their algorithm designed to help landlords better understand current market conditions in setting their rents. They claim it enables...
Lawsuits coming as courts question federal agencies
You might have seen the headlines: “Supreme Court Just Defeated Big Government" (Fox News), “Guts Agency Power” (Axios), “Imperils an Array of Federal Rules” (New York Times). In August 2024, the U.S. Supreme Court overturned a...
Why corporate America is retreating from social activism
In January, Axios reported a developing trend in corporate America: corporations across the United States were backing away from DEI, which had become a “minefield” for companies. Following a multi-year boom in the Diversity, Equity,...
Costco life
Costco has jumped into the nation’s affordable housing crisis. The warehouse retailer, which operates more than 500 stores across the U.S., broke ground on a different type of superstore in September—one that will include...