Category: News

Preparing for Postal Reform

May affect multi-family mail

The House of Representatives will soon vote on a bill that may centralize mail deliveries at apartment buildings and alter delivery schedules. We’ve all seen the change taking place. The postal service became known as “snail mail” the moment that email reached most American households. Online bill pay let us settle balances with the click […]

News

Utility Legislation

SB 750 on Submetering Update

SACRAMENTO, Calif. – Consideration of a water conservation bill, which would mandate water metering (either by a water provider owned meter or a landlord owned submeter) in each unit at newly constructed multifamily properties statewide, has been postponed until the 2014 legislative session. On August 13, 2013, SB 750 failed to secure enough votes in […]

News

Google Invests

In affordable housing

Franklin Street Family Apartments, a new affordable community in Mountain View, Calif., has a tech-savvy benefactor. The $23.4 million multifamily community, which was developed by ROEM Corp., received $6.5 million in equity from Google. The tech giant also provided a grant to provide computers and free Internet access to residents. “Our investment in Franklin Street […]

News

Rx for MOBs

Strong Property Managers

As the population continues to age and more medical office buildings come online in response, demand for management services is expanding. But this is not your typical commercial property management. Owners, operators and managers must be able to adapt to a rapidly changing environment. “The healthcare landscape is changing all the time, technology is changing […]

News

Healthy Luxury Living

Related Companies

For those familiar with the industry, Yardi client Related calls to mind images of grandeur: a wildly successful company that constructs towers that tickle the clouds of America’s most desirable cities. Related has come to embody the upper echelon of commercial and residential development. Without missing a beat, the company is also promoting health as […]

News

Project: Diversity

Focus on professional development

At a time when commercial real estate faces fierce competition for the best and brightest, forward-thinking companies understand that diversity is vital to their success. “They need smart, talented people, because this industry isn’t getting younger; it’s getting older,” argues Gregg McCort, executive director of Project REAP, a real estate training program for minority professionals. […]

News

Designing Unique Apartments

Tips from a noted pro

Just because the community isn’t student housing doesn’t mean you can’t have a little fun when you’re designing or staging the units. The Residences at W Hollywood, the residential branch of the W Hollywood Hotel, recently hired Christopher Grubb, president of Arch-Interiors Design Group, to design one of their penthouse units. Flat-screen televisions, a putting […]

News

Green Office Design

Enhancing the office environment

A new generation of highly-efficient buildings, focused on carbon reduction and livability, demonstrate that smart living calls for tech and green combined. The green building movement is not limited to new construction projects; green principles can be easily incorporated into existing environments as well by overhauling interiors, using eco-friendly materials and supplies, and educating on […]

News

Bike Sharing

Awesome apartment amenity

Bikes are extremely attractive to apartment renters who live in urban areas. After all, bikes are green, they don’t take up a lot of space and riding is great exercise. Plus they allow riders to avoid being stuck in city traffic jams, which alone makes up for the cost of the bike. Many apartments […]

News

Student Housing Trends

College life gets luxurious

Gone are the days when undergraduates settled for shared rooms, communal showers and a weary daily commute to classes. Today everything is about sustainable lifestyles and people’s ability to choose between a wide array of housing options, according to individual needs and preferences. Rising incomes, improving standards of living and a diversified housing inventory have […]

News

Managing Roles

Property & Asset Management

Industry trends are changing the dynamics between the asset and property manager. As the owner’s representative, the asset manager still has the final say in the property’s strategy, while the property manager is on the front lines for tenant relations, accounting, maintenance and other daily tasks. But the asset manager’s workload has expanded since the […]

News

Green and Affordable

Eco-friendly low income options

Green building has gained momentum in the affordable housing sector, providing some of society’s marginalized residents with hip, eco-friendly—and budget friendly—living accommodations. It has been a long time coming but it is finally here: affordable housing has blossomed from the ugly ducklings of architecture into beautiful swans, complete with coveted interiors, state-of-the-art green features and […]

News

Rental Art

Multifamily creativity

Your community’s curb appeal is key in enhancing asset value. Location and price are still at the top of the most coveted amenities among urban apartment renters, yet creating an attractive atmosphere and relaxed background is critical as well. A safe and comfortable community that features an inspired design will linger in the minds of […]

News

Green Space Reinvented

The pluses of parks

In advocating for urban parks revitalization, the American Society of Landscape Architects (ASLA) is also fighting for a better quality of life for all Americans. Today, many communities are suffering from a lack of sustainable infrastructure, chronic stormwater management issues, lagging economies, poor health and limited recreational options. Neighborhood parks and other public green spaces […]

News

Credit Score Options

Honing in on new households

For multifamily property managers, flipping a coin to decide whether or not to rent to a prospect with thin or no credit information can hardly be considered an industry best practice. But with 27 to 30 million potential apartment renters who can’t be evaluated for a traditional credit score, usually due to lack of recent […]

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