Resident retention issues spark new strategies
The number of people looking for an apartment this year has returned to a more normal pattern from the high rent, high occupancy days of 2022, according to RealPage Analytics.
“Demand for apartments appears to...
Same assets. Better performance.
Revenue management has been an indispensable price optimization tool in multifamily since the launch of Lease Rent Optimizer (LRO) and YieldStar 15 years ago, both developed in conjunction with large multifamily property REITs and...
Another great moment in history: NAHB Multifamily Pillar’s awards
It doesn’t get bigger than this. The National Association of Home Builders, one of the largest and most influential trade associations in the country, has grown alongside the nation and its housing providers for...
High interest rates stymie apartment investment
Few are executing new deals amid uncertainty about how high rates will go, what properties are worth, how much rents and operating costs will grow and whether a recession is coming.
Higher interest rates have...
Land prices drop
Rising interest rates stress developers as they look for land to build on. But tough times may create opportunities.
Land prices are falling—for the first time in more than ten years. Apartment developers are asking...
An inside job
Only by contact with evil could I have learned to feel by contrast the beauty of truth and love and goodness. —Helen Keller
There’s a lot of unhappiness out there. Certainly there are legitimate reasons...
The camel that had no hump
This especially irritates Rob Pressman, the principal of Burbank, Calif.-based TGP, Inc. Landscape Architecture, who believes that aesthetics do not have to be discarded for the sake of sustainability.
Multifamily developers employ landscape architects like...
Empty offices, troubled malls become new “15-Minute Cities”
At ULI’s Spring Meeting apartment experts found new solutions and opportunities to build—even in uncertain times.
A questionable economy and high-interest rates are not stopping apartment developers from making new plans to transform communities.
“We keep...
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...
From housekeeper to the C-suite: A multifamily success story
The hotel that was managed by Consolidated Management, Inc., (CMI) asked Tony to move in to provide security on the weekends and the couple was happy to leave the apartment where they were behind...
Filling in the gaps
Apartments properties are buried in packages—and more keep coming.
Property managers still look for a reasonable solution that doesn’t cost too much. Short of hiring a human staff person to receive packages and watch them...
Corporate greed isn’t driving inflation
Inflation has reached its highest level in nearly 40 years, and everyone is looking for answers. Before fiscal and monetary authorities can muster a policy response, we need to understand what is causing inflation....
Apartments hold steady despite uncertainty
The pandemic years have created a winning trifecta of high rent, occupancy and demand in the multifamily sector. Vacancies dropped to 5.8 percent, their lowest level since the mid-1980s, rents reached record highs while...
Making a big move
Nearly two years into the remote work revolution, it’s easy to feel that a lifetime has passed. However, the reality is we are just at the beginning of seeing the impact of remote work....
Free to build
The overregulation of American housing markets began in the nation’s coastal, educated, productive enclaves. Over time, how-ever, barriers to building have spread. Tony suburbs of Phoenix and Austin, which once left their builders free...
