Excellence in multifamily housing
The National Association of Home Builders (NAHB) has sponsored the Pillars of the Industry awards for more than 20 years. The awards recognize excellence in all areas of multifamily home design, development, building, management and...
The heart of a multifamily housing professional
And the winner is I love that line. It’s that time of year when we recognize the best in class within our great industry. NAHB’s coveted Pillars of the Industry winners are in and, man,...
The new energy agenda
Fighting climate change is at the forefront of President Joseph Biden’s $2 trillion renewable energy plan. While legislation will be required to fully implement the plan, he is expected to begin with a whirlwind...
Turning point for public housing
In New York City, hundreds of public housing residents live in buildings where the elevators don’t work—like Building Four at The Bay View Houses, a public housing project in the Canarsie neighborhood of Brooklyn....
Property rights grab
With so many Americans out of work and unable to pay their rent, the Centers for Disease Control and Prevention instituted a nationwide eviction ban on residential rental properties. With the moratorium originally set to...
What’s happening to our residents?
Loneliness among Americans has been growing in recent years, but the policy response to the COVID-19 pandemic has drastically exacerbated the problem. A new report by Harvard University researchers finds that 36 percent of...
Why companies should cater to consumers, not causes
Firms leveraging situations and social issues is not new, but showcasing their moral authority despite a disinterested consumer base is. It is not uncommon to hear in any business course that consumers vote with their...
U.S. residents owe $70 billion in back rent
Apartment investments are still an attractive bet, but income pressures are mounting on some properties. Renters have racked up a stunning $70 billion in unpaid rent since the start of the economic crisis cause by...
Deconstructing the gig economy
With control of Congress and the White House, Democrats are making labor policy one of their first priorities. Ironically enough, that’s actually bad news for independent contractors and gig economy workers across the country. The...
Multifamily construction plunges
Dodge Data & Analytics (DD&A) says only three of the top 20 metropolitan areas posted gains for the year as the COVID pandemic weighed down construction starts. It should be of little surprise to learn...
Clean up amenities
The laundry room of an apartment building is a key feature of the property. Maintain the space and equipment well, and residents are more likely to be satisfied not just with the amenity, but...
A great leasing agents’ best tool
Let me first tell you what an AI leasing assistant won’t do for your multifamily property. Contrary to what leasing agents fear most about AI technology or the high hopes of your executive team,...
The call of the great outdoors
The impact of COVID on the multifamily sector may not have been as severe as its effect on the retail or office asset classes, but there are still many ways that those professionals adapted...
Get ready for radical disruption
I define the U.S. multifamily property management industry as the work of caring for the millions of multifamily units valued at $3 trillion and their renters. Over 800,000 people work as employees of the...
In service
When the COVID pandemic hit the U.S., multifamily owners and leadership had to respond rapidly and adjust accordingly in order to protect the health and safety of their residents and employees and maintain operations....