Is workforce housing a dying breed?
The traditional image of a renter household has undergone some changes over the last 10 years. Renter households are now drawing in those who are older, wealthier and with children. Developers have responded to this...
Rent growth levels out in top markets
While apartment rents are still growing nationally, in a few cities and submarkets rents are growing more slowly or even beginning to shrink. “The only spots where you might find effective rents dropping are in...
Keeping up with school
Among 120 universities assessed, 63 percent are achieving rental rate growth above the national average, and nearly 30 percent of those are seeing growth rates of 4 percent or more. At the same time,...
Two senators are proposing national rent relief bills. Here’s why it matters
Homelessness is rising, 40 percent of Americans can’t afford basic necessities, and 38 percent of renters spend more than one-third of their income on housing. Two senators have proposed legislation to address the national...
5 things to do when you feel overwhelmed by your workload
You might feel anxious that you’re not working during times that are incompatible with working, like when you’re buckling your child into their car seat or you’re stuck in traffic. You may even feel...
The advantages of soundproofing patio doors in commercial properties
For the managers of apartment and office buildings, condo developments, and retirement communities, the constant din of traffic, roar of aircraft, or clanking of railways can depress rental, lease, and occupancy rates. By disturbing sleep...
Four-day wonder
Berkeley, California, is the latest speed test on pre-fab construction. While the highest barriers to development generally occur long before the construction process, materials, time and labor have added to the pain of getting...
The death of the small apartment building
Developers in the U.S. built 358,000 units of new multifamily housing in 2017. That’s less than half the number of single-family homes built last year, but the gap between the two has narrowed a...
Reference point
In commercial development, the thirst for something new is nearly constant. Developers, designers, and builders all continually search for a competitive edge in an ultra-competitive industry to distinguish their product from a sea of...
The problem with passion
Mike Rowe spoke with us about the skills gap—that chasm between the skills employers want employees to have and what workers actually bring to the job—several months before he was scheduled to address attendees...
Provide value
The great “follow your passion” social experiment should be a fading memory, but for the remaining pile of debt. Maybe now we can scrap the slogans and get back to the age-old principles of...
The sport of digital reputation
Michael Fertik, founder and executive chairman of Reputation.com, is credited with pioneering the field of online reputation management. He created Reputation.com in 2006 with the belief that people and businesses have the right to...
Property 911
How many building owners and operators are really prepared for such an event? Unfortunately, not many. Consider these steps to ensure successful resident communication during a crisis. Build an emergency response plan Whether it’s a fire,...
The case for multifamily investment
Over the last three decades, apartments have become a desired asset class among both domestic and foreign real estate investors because of their strong returns coupled with relatively low risk. However, shifting market dynamics,...
The golden age
Trend forecasters rightfully focus on the housing needs of millennials when predicting the future of the U.S. real estate market. But the rising senior population, sometimes referred to as a “silver tsunami,” suggests baby...