A pool and a gym won’t cut it anymore. Current and potential residents want amenities that cater to and foster their way of life—on demand. By Lauren Shanesy (MultiFamilyExecutive.com Article) — Thanks to 21st-century technology, modern consumers are conditioned to expect an Uber ride, dinner delivery, or online order from Amazon in a nanosecond....Continue reading »
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These construction pitfalls can lead to callbacks and long-term problems. Here’s how to avoid building defects on the jobsite. By Don Neff (MultiFamilyExecutive.com Article) — As any veteran developer or builder knows, the consequences of a poorly constructed apartment building can be devastating, in both the short and long terms. That’s why...Continue reading »
The AI-powered aid from Zego streamlines interactions between property managers and residents. By Lauren Shanesy (MultiFamilyExecutive.com Article) — Imagine an employee on your property management team who can do it all—collect rent, renew leases, communicate with residents about the status of work orders, sell renters’ insurance and other...Continue reading »
Find the right person to get your projects done. By ABC Supply (MultiFamilyExecutive.com Article) — Hiring the right contractor is easier said than done. You’ll want a contractor who’s familiar with multifamily properties and can make recommendations that add value to your building. The following tips can help you find the right contractor for the...Continue reading »
What can residential agents learn from their commercial counterparts? For one thing, pick a geographic market or price point and get to know it well. By Adam Frisch (MultiFamilyHousing.com Article) — Although residential and commercial real estate differ in many ways, I have often found that residential brokers don’t adopt as many tactics from the...Continue reading »
Educating the emerging workforce about the roles available in the industry could help recruit and maintain top talent. By Paul Willis (MultiFamilyExecutive.com Article) — To those outside the industry, multifamily might appear to be a narrow field. In actuality, careers in the apartment sector span various tiers, provide ample opportunity for growth,...Continue reading »
In spite of heavy volumes of construction, rents in the city continue to rise and investors are still eager to buy apartment properties here. By Bendix Anderson (NREI Online Article) — Boston’s apartment market is bracing for thousands of new, luxury apartments to open 2019. “There are only a handful of markets across the country that have...Continue reading »
Assessors too often value newly constructed apartments as fully occupied, producing excessive tax assessments. By Morris A. Ellison (MultiFamilyExecutive.com Article) — Developers frequently ask how to estimate property taxes on newly constructed multifamily properties, and tax assessors often provide an easy answer by adding up the value of building permits...Continue reading »
