Credible word-of-mouth advertising is a top source for revenue generation. The reputation manager at Fogelman Properties describes how his company is making the most of digital review data. By Jeremy Lawson (MultiHousingNews.com Article) — Many can agree that customer loyalty is the cornerstone of a successful business. Depending on the industry...Continue reading »
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New York City is the latest local government to require more energy conservation from apartment building owners and developers. By Bendix Anderson (NREI Online Article) — New York property owners and developers and local officials are trying to understand what the city’s new, tougher energy use loss might mean for them, and how much it might...Continue reading »
By Chris Lisinski (GlousterTimes.com Article) — As the Legislature considers ways to kickstart housing development, a new report concludes that restrictive zoning bylaws, applied with political considerations, contributes to a lack of multifamily units in Massachusetts. The report, released Tuesday and compiled by researcher Amy Dain on behalf of organizations...Continue reading »
While people in their 20s and early 30s continue to opt for renting vs. owning, they are often forced to live with roommates or with mom and dad. By Bendix Anderson (NREI Online Article) — Many younger millennials continue to opt for renting vs. owning, but they aren’t filling as many apartment units as investors and economists had hoped. “Despite...Continue reading »
It’s a strategic and essential tool for brokers today but only when used wisely. Here are some tips for mastering the various channels out there. By Adam Frisch (MultiHousingNews.com Article) — As the managing principal of a boutique residential real estate brokerage, I encourage all of my brokers to use social media, but I also advise them...Continue reading »
How properties are disrupting battleground markets with breakthrough wireless connectivity. By Boingo Wireless Inc. (MultiFamilyExecutive.com Article) — Property owners are navigating through a new generation of digital natives who are accustomed to technology that is connected, always on and instant. Fast internet is now table stakes for apartment living,...Continue reading »
Southeast cities including Nashville, Tenn., Atlanta and Charlotte, N.C. are seeing rising demand for apartments. By Bendix Anderson (NREI Online Article) — Strong economies are quickly filling new apartments in Southeast cities including Charlotte, N.C., Nashville, Tenn. and Atlanta. “The Southeast’s major metros have posted terrific...Continue reading »
Mississippi and Virginia update their LIHTC programs to include OZs. By Donna Kimura (MultiFamilyExecutive.com Article) — The Federal Housing Administration (FHA) is offering reduced application fees for property owners applying for multifamily mortgage insurance for the development or rehabilitation of apartments in Opportunity Zones (OZs). FHA...Continue reading »
Sitting 25 miles north of New York City, New Rochelle, N.Y., has attracted developers who will produce a total of 6,370 new apartment units and 2 million square feet of new office space. The city’s commissioner of development explains how. By Luis Aragon (MultiHousingNews.com Artcile) — Investors and developers across the country are tuning...Continue reading »
Here’s how multifamily managers can use a third-party cloud database to streamline their market survey process. By Stephen Ursery (MultiFamilyExecutive.com Article) — Executives at Alliance Residential Co. recognize the indispensable role regular market surveys play in getting pricing right. That’s why, some time ago, they decided the...Continue reading »
