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 »
Multifamily/Small Apartments
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 »
A step-by-step guide to fire safety inspections for multifamily owners and operators. By Ralph E. Bless Jr. (MultiFamilyExecutive.com Article) — According to recent statistics from the National Fire Protection Association (NFPA) and the Federal Emergency Management Agency, approximately 70% of the losses from fires in the U.S. are from...Continue reading »
Multifamily operators need to bridge the gap between technology trust and usability. By Chase Harrington (MultiFamilyExecutive.com Article) — In its various forms, artificial intelligence already pervades our lives on a daily basis. However, many people are still gaining a firm grasp of the growing technology and the increasing role it is playing...Continue reading »
Here are five ways to boost resident and tenant retention in 2020. By Holly Dutton (MultiHousingNews.com Article) — With the arrival of the new decade comes new possibilities—and new concerns. For managers of commercial and residential buildings, retaining tenants and residents is a perennial item on the to-do list. Whether...Continue reading »
Five technology advancements that are likely to hit the apartment industry in a big way in the year ahead. By Rick Haughey, Sarah Yaussi (MultiFamilyExecutive.com Article) — There’s little doubt that 2019 was the year for PropTech. We saw record levels of investment in not only real estate tech writ large but also multifamily-specific...Continue reading »
