It’s quite common for the management teams in massive buildings to readily accept anyone with decent financial qualifications. But there are additional things you should be looking for. By Adam Frisch (MultiHousingNews.com Article) — Unfortunately, not all brokers and landlords have adopted the habit of thoughtfully screening potential renters....Continue reading »
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A Marcus & Millichap executive discusses three steps that savvy owners of small- and mid-sized apartment buildings can take to avoid buyers requesting concessions or the deals falling out of escrow. By Anthony Hardy (MultiHousingNews.com Article) — Inspections are a necessary evil and always a bit stressful for the sellers. Typically, inspections...Continue reading »
In addition to the ability to address any concerns of existing residents, responses can be leveraged to increase traffic to community websites and garner more qualified leads. By Joey Campbell (MultiHousingNews.com Article) — By now, virtually the entire apartment industry understands the importance of monitoring ratings and reviews. Residents...Continue reading »
While the elusive task of “achieving” sustainability in an existing property may seem daunting, there are steps owners and managers can take to make an impact while keeping costs low, resident retention high and the bottom line healthy. By Cindy Wick (MultiHousingNews.com Article) — When implemented both wisely and strategically, sustainable green...Continue reading »
Lenders keep fighting to make loans partly because on a national basis, apartment rents continue to rise. By Bendix Anderson (NREI Online Article) — Multifamily investors are still able to get low interest rates on permanent loans as different lender groups continue to compete for market share. “The competition between the agencies and life companies...Continue reading »
While the market has softened slightly, there is still ample reason to believe the industry will continue to experience healthy operating fundamentals throughout the rest of 2018 and beyond. Here are four reasons why. By Jay Madary (MultiHousingNews.com Article) — If you’re like me, you may find it hard to believe that August is almost already over....Continue reading »