Making it to morning
“Tell us about the American miracle,” someone yelled breaking the crowd’s silence. It was 1981. The event was an international economic summit in Canada, and America was firing on all cylinders. The country was entering...
Infographic: Breaking buildings
Breaking buildings Commercial real estate CLOs (collateralized loan obligations) are mortgages that are packaged into bonds and sold to investors. CLOs are widely used to finance apartments. But the same things that make CLOs...
Infographic: Happy. Happy. Happy.
Happy. Happy. Happy. Job satisfaction hit a 36-year high in 2022. This is great news having moved through a wave of quiet quitting. There’s just one caveat. Worker productivity contemporaneously fell at the fastest...
Infographic: The path less sustainable
In May Environmental Protection Agency (EPA) Administrator Michael S. Regan released a 681-page Emissions Program for comment. If implemented, the plan will significantly increase costs for 62 percent of the U.S. electrical supply at...
Hope and uncertainty
Better times might be just around the corner for apartment investors stressed by the highest interest rates in years. Or interest rates could easily keep rising as federal officials try to smother price inflation. The uncertainty...
The great setting of expectations
Good customer service begins with onboarding. Studies have shown that residents who are satisfied at move-in tend to remain satisfied through renewal and those who are unsatisfied tend not to renew. But resident onboarding is...
The road to $1T
American credit card debt remains at record-breaking heights according to fresh government data as consumers turn to plastic amid stubbornly high prices on everyday items and housing. U.S. credit card debt was $986 billion in...
Summer of blackouts
Two-thirds of North America could face power shortages this summer during periods of extreme electricity demand and spiking temperatures, the nation’s grid reliability monitor warned in May. The North American Electric Reliability Corp. (NERC) found...
Marketing must haves
As a property management company (PMC) it’s essential to ensure you’re making the most of your localized marketing efforts. PMCs face the challenge of marketing for the corporate entity while also finding ways to...
19 big errors to avoid in social media management
When companies decide it’s time to up their social media game, they have to figure out a way to manage the work that entails. Some businesses lean on their marketing team or interns to handle...
How electric cars might affect multifamily and other real estate
Most major automakers have followed Tesla’s lead into the world of electric vehicles, probably with more to come. California has banned internal combustion engines, effective in 2035. Assuming these trends continue, they will ripple into...
Why multifamily property management needs a Tesla—not another Ford
Have you noticed how some industries or business categories seem to attract innovation like a magnet? Take the auto industry, where Elon Musk’s Tesla is the most widely known brand among dozens of automakers trying...
How multifamily is adopting consumer retail techniques
In 2022, the U.S. inflation rate rose to 8.5 percent—the highest the country had seen since 1982. With rising inflation comes an increase in the cost of living, so it’s no surprise that consumers...
Finnish modular housing manufacturer moving to U.S.
The company plans to mass produce housing using heavily automated factories. Admares, which was founded in Finland, said it’s in the process of moving its headquarters to the U.S. The company said its factory in...
Marijuana use among U.S. workers jumps to historic high
American workers using marijuana on the job rose to a historic high last year, according to a new study. Diagnostic information service Quest Diagnostics released a report in May analyzing over 6 million employee urine...
