Housing pro
Nominated for the position by President Donald Trump on April 28, Patenaude has the experience and knowledge to complement retired neurosurgeon Ben Carson, who took over leadership of the department on March 2.
Dr. Carson...
6 fascinating findings about micro-apartments
Clever, cutting-edge, oh-so-cool and, when not being coveted, almost always a point of contention and source of controversy in the neighborhoods where they pop up—it’s impossible to ignore the rapid ascent of micro-apartment developments...
Digital evolution 2.0
The global response to the coronavirus disrupted economies worldwide, destroyed livelihoods and many small companies, and negatively impacted larger ones. It also compelled new demands from businesses and provided a unique opportunity for multifamily...
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...
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...
Multifamily embraces tech in the time of COVID
As the pandemic continues to impact everyday life, Americans increasingly encounter the phrases unprecedented, new normal, and flatten the curve.
The innovation adoption curve—which includes early adopters, those who wait and see, laggards and even...
Fighting the CDC eviction ban
In the midst of the COVID pandemic, the Centers for Disease Control (CDC) took the unprecedented step of banning evictions nation-wide, characterizing the action as a public health measure.
The action spawned lawsuits across the...
Growth strategy
Today’s tight job market, the current housing crisis and concerns about the impending softening of the multifamily market are prompting property owners to look for ways to control the cost of non-revenue producing functions.
RealPage...
Property management amid a crisis
The term coronavirus has only been in our collective vocabulary since January, but it has consumed our world and drastically altered our daily lives. There is not one industry in this country that has...
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...
Virtual inspections: Protecting asset value
Unsurprisingly, COVID-19 is pushing an increasing number of multifamily lenders and owners to conduct property inspections virtually. Industry giants like Freddie Mac today deploy them on a widespread basis, leading many in the multifamily...
PropTech—cutting-edge tools and technologies
In an age of digital transformation where technology is being applied to every area in every industry across the globe, it’s no surprise that the commercial real estate (CRE) and multifamily housing property management...
Student housing gets an A
Commercial real estate investors are increasingly keeping their wallets in their pockets, waiting to see where interest rates will go, for prices to come down and for more properties to come on the market....
Artful amenities
While dog parks, pool decks, community-wide WiFi, granite countertops, bike storage and repair areas and package delivery centers are becoming commonplace, apartment and condominium developers are challenged to add ever more innovative amenities to...
Apartment REITs: Roaring rents
Hoya Capital Real Estate is an SEC-Registered Investment Advisor based in Rowayton, Conn.
Within the Hoya Capital Apartment REIT Index, we track the eleven largest apartment REITs, which account for roughly $130 billion in market...
