Tuesday, October 15, 2019

July August 2018

Smart machines

A form of artificial intelligence (AI) has been utilized in the multifamily industry since the first revenue management software programs were created 18 years...

Powering forward

I love what I do. Crafting a line of sight on the greatest industry, in the greatest of all nations, is an honor and...

LED lights the way to savings

The price for LED (light emitting diode) bulbs has plummeted more than 90 percent since 2008 and today’s bulbs use 70 to 90 percent...

The cost of regulation on housing affordability

Some are looking to quick fixes that have been proven to not work, like rent control, while others are getting creative and combining public...

Essex spends big to defeat rent control measure

Essex generates 84 percent of its net operating income in California, far more than any other large apartment REIT. That explains why Essex has...

How to stop saying “um,” “ah,” and “you know”

When we find ourselves rattled while speaking—whether we’re nervous, distracted, or at a loss for what comes next—it’s easy to lean on filler words....

A towering trend of supertall buildings

On a clear day, Tal Alexander can see for nine miles all the way to LaGuardia Airport from his apartment at Manhattan’s 432 Park...

Building your multifamily brand

Renters often start their search for a new home online. If a multifamily property company boasts a strong brand, consumers will go straight to...

What a difference a day makes

On Tuesday, the Federal Housing Finance Agency (FHFA) announced that it was shuttering the program. This specific GSE program was not without controversy, and the...

Jobs, population growth and building costs fuel apartments

Despite an abundance of new product, interest rate hikes and heightened competition, investors’ collective appetite for buying multifamily rental projects region-wide appears to be...

5 Imperatives for harnessing the power of low-cost prediction

Develop a thesis on time to AI impact The single most important question executives in every industry need to ask themselves is: How fast do...

Greystar acquires student housing

EdR, one of the nation’s largest developers, owners and managers of high-quality collegiate housing communities, is being acquired by a newly-formed, perpetual-life fund, Greystar...

8 ways to recruit residents using smart apartment technology

Multifamily properties that lag behind and refuse to change with the times are going to struggle to remain competitive in the future. On the...

Is workforce housing a dying breed?

The traditional image of a renter household has undergone some changes over the last 10 years. Renter households are now drawing in those who...

Rent growth levels out in top markets

While apartment rents are still growing nationally, in a few cities and submarkets rents are growing more slowly or even beginning to shrink. “The only...

Keeping up with school

Among 120 universities assessed, 63 percent are achieving rental rate growth above the national average, and nearly 30 percent of those are seeing growth...

Two senators are proposing national rent relief bills. Here’s why it matters

Homelessness is rising, 40 percent of Americans can’t afford basic necessities, and 38 percent of renters spend more than one-third of their income on...

5 things to do when you feel overwhelmed by your workload

You might feel anxious that you’re not working during times that are incompatible with working, like when you’re buckling your child into their car...

The advantages of soundproofing patio doors in commercial properties

For the managers of apartment and office buildings, condo developments, and retirement communities, the constant din of traffic, roar of aircraft, or clanking of...

Four-day wonder

Berkeley, California, is the latest speed test on pre-fab construction. While the highest barriers to development generally occur long before the construction process, materials,...

The death of the small apartment building

Developers in the U.S. built 358,000 units of new multifamily housing in 2017. That’s less than half the number of single-family homes built last...

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