Category: News

Career Growth Spurt

More jobs for multifamily

Employment survey results from the National Multi Housing Council reveal what apartment industry insiders already know – a strong rental climate nationwide is driving job growth. In other words, it’s a great time to become a multifamily professional, or take advantage of new opportunities to expand your skills, relocate to a new market, or move […]

News, People

A Truly Tiny Apartment

Living in 105 square feet

Take an average sized apartment and reduce it by 90 percent. Could you live there? With all the buzz in the news lately about micro-sized apartment living – particularly in markets like New York and San Francisco, where space is limited and renters will pay top dollar for even a closet-sized space to call home […]

News

Multigen Housing

For modern families

A marked increase in transgenerational living arrangements has sparked in a shift in the housing industry that could spell success for builders that are willing to explore a change in direction. New Girl, Modern Family, Two and a Half Men, Reba, The Golden Girls. What do they have in common? For decades, media has used […]

News

Training Property Managers

The latest education approaches

As property managers are increasingly asked to behave like asset managers, their training is taking a unique turn. Third-party management firms and management departments within investment firms alike are coming up with more comprehensive and sophisticated approaches to upgrade their teams’ abilities. One particularly innovative effort is a training facility created by Cooper Square Realty […]

News

Creative Retention

Keeping down tenant turnover

Hanging on to the multifamily residents you have is always high on the priority list of property managers. Turning apartments is nearly always a revenue loss, and keeping the tenants you have reduces workload for everyone on the site staff. Getting creative with retention strategies is a challenge for property managers, who must constantly update […]

News

Universal Lighting

Spotlight on seniors

All eyes are on the baby boomers. As this group retires, firms scramble to meet the rising demand for accessible housing. By implementing technologies of universal design, firms can create residences and public spaces that accommodate the largest single cross-section (and perhaps most demanding portion) of the American population. Universal design—from layout to lighting—can give […]

News

Inman Connect

Syndication a hot topic

The Inman Connect event with over 1000 attendees was held in San Francisco this past week, and Yardi’s Saul Klein, Senior Vice President of Point2, sat on a Syndication panel with other industry leaders, and moderated by Bradley Inman, founder and publisher of Inman News. Also participating on the panel were Spencer Rascoff, CEO of […]

News

Biophilic Design

Creating healing spaces

Will homes of the future have super powers sourced from nature? The concept of biophilia has intrigued architects since the 1970. Simply put, biophilic design is a building methodology that integrates natural elements into the building process, including construction materials, ventilation methods, lighting techniques, and more. The current popularity of green building practices has pulled […]

News

Size Matters

Would you choose mansion or mini?

Imagine you’re on a game show – call it Real Estate Jeopardy – and have just been awarded a brand new home. The two prizes are behind unmarked doors – all you have to do is choose. (Drum roll please.) Behind door No. 1, you’ll find: A mansion modeled on the French Palace of Versailles. […]

News

Smoke-Free Multifamily

HUD delivers toolkits

A boost to healthy lifestyles was delivered late last month when HUD and HHS unveiled two smoke-free housing toolkits. Working conjointly with public housing authorities across the country, the effort is an attempt to provide healthier homes and to cut costs for maintenance. One toolkit focuses on property owners/managers and the other targets residents. “A […]

News

Implementing Success

Colonial Properties Trust

A major new business software implementation can be a daunting process. When the team at Colonial Properties Trust decided to make the switch to Yardi Systems, they were looking for a partner who could deliver a platform that would meet their day-to-day needs and grow along with the company. Ray Thornton, senior vice president of […]

News

Handling Hoarding

A multifamily challenge

Hoarding has affected multifamily housing firms long before any reality show. Also known as compulsive hoarding and cluttering, hoarding is the excessive collection of possession or animals. According to the International Obsessive Compulsive Disorder, it is closely linked with obsessive compulsive disorder, a mental illness that affects nearly 3 million people throughout the nation. As […]

News

Big Data

Understanding your customers

Companies strive to better understand their customers and stay a step ahead of their competitors. Various methods of accomplishing these goals have come and gone over the years but none has stirred as much buzz as Big Data. Through such analytics, companies now have the power to explore human-generated data in addition to transactions, market […]

News

NAA Recap

Takeaways from Boston

At last week’s National Apartment Association Conference and Exposition in Boston, there were tons of great vendors, networking opportunities with thousands of industry peers, interesting sessions and a few too many Red Sox jerseys, in this New Yorker’s opinion. Here are some take-aways from the conference. Accountability actually matters. In a session titled “Improving Performance […]

News

Tenant Events

Multifamily celebrates summer

Summer is here! Rental communities across the nation have speckled their event calendars with group fitness classes, barbecues, and game nights to entertain youth and adult residents alike. While such events may seem to serve only one purpose—fun!—they can be an important tool towards improving tenant retention. By hosting resident appreciation events on the property, […]

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