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Here are three ways to generate additional revenue to recover the cost of pet amenities and wear and tear on a community, according to Bridge Property Management’s Peter Cowan.   By Peter Cowan  (MultiHousingNews.com Article)  — Residents love their pets and won’t feel at home unless their pets do. Some residents care more about...Continue reading »

Transwestern Commercial Services and Devencore’s 2020 sentiment survey unveils the expectations for the industry’s performance this year.   By Barbra Murray  (MultiHousingNews.com Article)  — Transwestern Commercial Services and Montreal-based Devencore, which formed a strategic alliance in 2018, have released a report...Continue reading »

CEO Bob Hart discusses expansion and value-add strategies with MFE.   By Jennifer Castenson (MultiFamilyExecutive.com Article)  — Supply for multifamily housing is in high demand in nearly every market across the country, which could make it the best time in history to be a developer. However, developers face so many pressures that are...Continue reading »

A new study by Orkin shows the nation’s capital moving into the top spot for infestations.   By Scott Sowers  (MultiFamilyExecutive.com Article)  — Orkin, based in Atlanta, recently released its annual list of cities with the most reported bed bug infestations, and Washington, D.C., is in the No. 1 position. Nearby Baltimore drops to No. 2 after...Continue reading »

Unless the land is a place nobody wants, you can expect fights.   By Craig Webb (MultiFamilyExecutive.com Article)  — People love houses. Neighbors and change are different matters entirely. The simultaneous growth of two consumer wants—affordable private homes in conveniently sited, ever-denser communities—will give multifamily developers...Continue reading »

The government-sponsored enterprise expects the multifamily market in the U.S. to continue its strong growth.   By Holly Dutton  (MultiHousingNews.com Article)  — Freddie Mac is expecting continued growth in the multifamily market throughout 2020. In its just-released Multifamily 2020 Outlook report, the government-sponsored enterprise...Continue reading »

Look, no one is perfect. Sometimes, one renter will be a little more difficult than others. Here’s how to work with them.   By Jessica Fiur  (MultiHousingNews.com Article)  — In a perfect world, all residents at an apartment community would pay their rent on time, be quiet and thoughtful neighbors, write positive reviews of the building...Continue reading »

Flush with capital and boosted by solid fundamentals, multifamily real estate rolls into the new decade with an optimism that seems almost too good to last.   By Chris Wood (MultiFamilyExecutive.com Article)  — Carl Dranoff is like the M. Night Shyamalan of multifamily real estate development. Rooted in Philadelphia since receiving his...Continue reading »

Borrowers still must pay attention to potential recession and macro trends.   By Christine Serlin (MultiFamilyExecutive.com Article)  — As housing demand continues to surge across the nation, finance leaders are predicting that capital will continue to flow for both affordable and market-rate multifamily deals in 2020. “There is a lot...Continue reading »

Vacancy rate rose 0.1% to 4.7%, while absorption and supply growth slowed considerably.   By Mary Salmonsen  (MultiFamilyExecutive.com Article)  — The apartment vacancy rate rose to 4.7% in the fourth quarter of 2019, up from 4.6% in the third quarter, according to the latest REIS Preliminary Trends Report. The vacancy rate was 4.8% at the end of 2018...Continue reading »