Thursday, November 14, 2019

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Growth strategy

Today’s tight job market, the current housing crisis and concerns about the impending softening of the multifamily market are prompting property owners to look for ways to control the cost of non-revenue producing functions. RealPage...

Brave new, networked world

Apartment dwellers today expect a high level of technology services. Thanks to the growing demand for bandwidth and internet-enabled devices, managed Wi-Fi and internet connections have become valued commodities that help attract and retain...

How property managers can survive (and thrive) in the era of proptech

Rent collection: There’s an app for that. Scheduling repairs: There’s an app for that, too. Apartment showings can now be handled by a suite of software programs that allow for virtual viewings, and background...

Apartment cleaning service expands business model

Lapa Lopa is a cleaning service that leverages technology to deliver an improved experience for apartment residents. Headquartered in Bellevue, Wash., the company recently launched a new app for cleaners, targeting prospective employees, contractors...

Smart city backlash

A new phase of pause seems to have gripped the three-decades-old global movement of overstressed urban centers transitioning to so-called smart cities with innovative, technology-led promises. The latest phase is marked by scattered, local-level...

Putting sharing economy property rentals on the straight and narrow

The romanticized view of the sharing economy runs something like this. We all have assets that we can share with other people in return for small amounts of cash or payments in kind. Sharing...

More rent control in California will make the housing problem worse

Rent control is a terrible idea that just won’t die. The latest example is a new bill working its way through the California legislature that would cap annual rent increases at 5 percent for...

HUD proposes new disparate impact regulations

The United States Department of Housing and Urban Development (HUD) released a sweeping proposed rule on August 1 seeking to amend HUD’s interpretation of the Fair Housing Act’s disparate impact standard. According to HUD, the...

Unintended consequences of public housing

My grandfather was the first landlord I ever met. It was he who taught me about the business of rental housing, starting and running companies, and the intrinsic value of hard work—all without ever...

Apartment REITs: Roaring rents

Hoya Capital Real Estate is an SEC-Registered Investment Advisor based in Rowayton, Conn. Within the Hoya Capital Apartment REIT Index, we track the eleven largest apartment REITs, which account for roughly $130 billion in market...

Most college graduates move in with parents

With apartment rents continuing to rise, Generation Z members are more likely to move back home than to their own apartment. More than half (54 percent) of young people about to graduate from college plan...

Opportunity zones might be getting less investment, not more

The Opportunity Zone program has faced criticism for benefiting wealthy investors who are planning projects in neighborhoods not considered distressed, and will instead provide a large return on investment. In Baltimore, officials there were found...

This tax credit wasn’t meant to help with housing, but that’s exactly what it’s...

As rents rise and wages stagnate, many families struggle to find affordable housing in the U.S. This is especially true for low-income households who often spend more than half their income on rent. The U.S. has...

The crystal ball of data

In the opening scenes of The Wizard of Oz, Dorothy runs away from her Kansas home and promptly encounters Professor Marvel, a seedy, itinerant con artist whose tacky traveling wagon advertises him as “Acclaimed...

FCC blocks part of San Francisco’s first-in-nation broadband law

The Federal Communications Commission voted to preempt part of a San Francisco city law that prevents property owners from denying internet service providers access to existing wiring within multiunit buildings. The provision of the San...
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