Monday, May 20, 2024

PRO Blog

Living in high cotton

It’s truly the year of urban transformation. Developers and investors are on the hunt for deals and markets that provide the potential for profitability—where value add means win-win for everyone, especially renters. Add Woodside Mill...

Will the love affair with apartments continue?

The apartment industry continued to lift the economy last month with a 19.7 percent surge in apartment construction according to government data released last week. The jump in construction is a reflection of a...

HUD’s EnVision Vision

The HUD budget is out. Self-actualization is in. The $41.24 billion spending plan focuses on housing three vulnerable populations: the homeless, the elderly, and the disabled. HUD is zeroing in on these groups with...

Living in Realsville

And so when I read a study that found that 80 percent of executives believe that their product/service/company stands out against the competition—while only 8 percent of their customers agree, I began to wonder...

Needed: 4.6 million new apartments by 2030

The National Multifamily Housing Council (NMHC) has released the 2018 Consumer Housing Insights Survey, alongside an in-depth trends report, Disruption: How Demographics, Psychographics, and Technology are Bringing Multifamily to the Brink of a Design...

Help wanted

The labor market continues to tighten as unemployment wobbled near a 45-year low last week leaving unemployment at the lowest level since January 1973. Last week also marked the 154th straight week that claims remained...

When buying a property goes very wrong

The only pre-demolition notice went to the former owner who lost the building to the city 18 years earlier in a tax sale. The city apparently forgot it sold the property to the Garretts,...

Capitalizing on the apartment model

Howard Behr is back from Hyderabad, India, and he’s still talking about his 85-cent taxi ride. Behr, originally with NWP, Costa Mesa, Calif., and then of RealPage, Richardson, Texas, through its purchase of NWP,...

Net zero in a box

And so my obsession over Flex House, the newest concept-in-a-box (literally) which made its final on-tour appearance at CES in Vegas last month. Created by California-based modular housing company Shelter Dynamics, Flex House was...

NMHC: Apartment Strategies Outlook Conference

It remains to be seen how the recent rise in stock market volatility will impact the US economy which has been bolstered by rising jobs, wages, consumer and business spending, consumer confidence, growing world...

Bright light, smarter brain

Paint, carpet and other surfaces link to human immune systems and more. The latest study out of Michigan says that dim light impacts the brain, dulls learning and makes remembering harder. Researchers found that exposure...

Will more of our residents die alone?

MHP recently ran a story on the ever-shrinking birth rate in the U.S. Analysts can only speculate on whether millennials are merely delaying having children or opting out altogether. Either path has wide and...

Are men better earners? Uber study says yes.

And to think, many speculated that the gig economy would favor women. This study is as clean as data comes. Uber matches riders with drivers, sets fares and fees through a simple, fully-automated formula...

Do you have time for a call from a Mr. Bezos?

Are they talking about putting Amazon lockers on their properties? Yes. But that’s not all. Amazon‘s vision is far greater for apartment communities. Representatives for the firm seek to eventually “run a property’s entire...

Truth, freedom, and flourishing

Don’t misunderstand. Indonesia is beautiful. Its citizens are most gracious and the scenery, inspiring—some of God’s finest. Core values, however, change the world says the World Value Survey, a non-profit research center based in Stockholm,...
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