9 words and phrases you’re probably using incorrectly
Sure, saying the wrong word (usually) isn’t a game-changer. But if you make that kind of mistake, it sets you up for a question that no one wants clients, coworkers, or employers to begin...
Sec. Ben Carson’s approach to affordable housing might work
The new Secretary of Housing and Urban Development, Ben Carson, aims to succeed where the Obama administration failed. Carson’s department intends to revise one of the landmark housing policies implemented by the Obama administration,...
Smart machines
A form of artificial intelligence (AI) has been utilized in the multifamily industry since the first revenue management software programs were created 18 years ago to set rents. In that first phase of what also...
Powering forward
I love what I do. Crafting a line of sight on the greatest industry, in the greatest of all nations, is an honor and a joy. I serve those who serve. Housing a nation...
LED lights the way to savings
The price for LED (light emitting diode) bulbs has plummeted more than 90 percent since 2008 and today’s bulbs use 70 to 90 percent less energy and last 15 times longer than the old...
The cost of regulation on housing affordability
Some are looking to quick fixes that have been proven to not work, like rent control, while others are getting creative and combining public and private sector funding to help underwrite rents. What most of...
Essex spends big to defeat rent control measure
Essex generates 84 percent of its net operating income in California, far more than any other large apartment REIT. That explains why Essex has contributed more to defeat the measure than any other public...
How to stop saying “um,” “ah,” and “you know”
When we find ourselves rattled while speaking—whether we’re nervous, distracted, or at a loss for what comes next—it’s easy to lean on filler words. These may give us a moment to collect our thoughts...
A towering trend of supertall buildings
On a clear day, Tal Alexander can see for nine miles all the way to LaGuardia Airport from his apartment at Manhattan’s 432 Park Avenue, the tallest residential-only tower in the world, at 1,396...
Building your multifamily brand
Renters often start their search for a new home online. If a multifamily property company boasts a strong brand, consumers will go straight to the property’s website to do research instead of searching Google...
What a difference a day makes
On Tuesday, the Federal Housing Finance Agency (FHFA) announced that it was shuttering the program. This specific GSE program was not without controversy, and the agency will continue those single-family rental programs that existed prior...
Jobs, population growth and building costs fuel apartments
Despite an abundance of new product, interest rate hikes and heightened competition, investors’ collective appetite for buying multifamily rental projects region-wide appears to be undiminished. In the past two months alone, a half-dozen projects throughout...
5 Imperatives for harnessing the power of low-cost prediction
Develop a thesis on time to AI impact The single most important question executives in every industry need to ask themselves is: How fast do I think the knob will turn for a particularly valuable...
Greystar acquires student housing
EdR, one of the nation’s largest developers, owners and managers of high-quality collegiate housing communities, is being acquired by a newly-formed, perpetual-life fund, Greystar Student Housing Growth and Income Fund, an affiliate of Greystar...
8 ways to recruit residents using smart apartment technology
Multifamily properties that lag behind and refuse to change with the times are going to struggle to remain competitive in the future. On the flip side, property managers who use technology as an amenity...