Big efficiency, little cost
In 1996, the Department of Defense (DoD) created a program to move the ownership and management of housing for service personnel to private companies as part of a Public-Private Venture (PPV) program. The idea...
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 ago to set rents. In that first phase of what also...
The problem with passion
Mike Rowe spoke with us about the skills gap—that chasm between the skills employers want employees to have and what workers actually bring to the job—several months before he was scheduled to address attendees...
There’s an app for that
Today’s renters can shop for a new apartment from anywhere in the country, discover important details like local weather, demographics and statistics about cities and neighborhoods, as well as reviews of a specific community...
The year of transformation
The Rey The 478-unit The Rey, named Community of the Year and awarded the title of Best High-Rise Community, represents Wood Partners’ and The Berkshire Group’s entry into downtown San Diego and exemplifies the partnership’s...
It might be time for a housing revival
On November 15, 2017, Dr. Ben Carson, Secretary of HUD, gave the keynote address at the Housing America’s Families Forum hosted by the J. Ronald Terwilliger Foundation at the Renaissance Center in Detroit, Mich....
Home smarts
And, if speed of lease-up and the ability to charge higher rents at the newly built 70-unit Excelsior Park apartments in Saratoga Springs, N.Y., is an indicator that smart technology is part of multihousing’s...
Paradigm shift
The partners, who come from family-owned multifamily businesses with a combined 150 years of experience, plan to redefine the future of urban rental living by developing and managing apartment communities based on five principles:...
Can’t fight that feeling
But the apartment industry is catching on with the help of partners like software provider Yardi, which tapped the hotel sector for cutting edge solutions to repeat business and extended leases during its 2017...
Rebuilding the labor force for multifamily
Several days earlier, the writer, narrator, producer, actor and former host of the popular television show Dirty Jobs delivered the same message to a House Committee on Education and the Workforce subcommittee on Capital...
What’s in the cards for apartments?
After seven years of rising construction, rents and occupancy, the apartment building boom is finally showing signs of flattening. The slight dip in multifamily starts in the first half of 2016 might indicate that rampant...
The election is over. Now what?
On January 20, Donald J. Trump will be sworn in as the 45th president of the United States. It will mark the conclusion of an unprecedented and unparalleled election season that also saw the...
Short terminal velocity
Marcie Williams is the president of Rivergate KW Residential and oversees a Class A management portfolio stretching from New York to Miami. At all of her communities, resident leases include a policy prohibiting subletting....
Multifamily’s great reno invasion
Among those speakers was Chip Gaines, who recounted his experience doing facelifts on single-family homes in Waco, Texas, during his presentation at the conference. Chip, who shares the spotlight with his wife Joanna on...
Getting inside multifamily’s utility management operation
“In many states we’re seeing an increase in the trend to mandate submetering for any residential and commercial new building construction. Around eight states already have the law in place, up from around three...
