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Multifamily Outlook

The multifamily market has seen phenomenal growth in rents and property values for several years. Can the good times continue to roll in 2017? We think they can, though the rate of rent increases is going to slow down, transaction yields have likely bottomed and oversupply is going to negatively impact some markets. However, we […]

01 / 20 / 17

Affordability Crisis

While the ghosts of the last decade’s housing crisis have (mostly) been put to rest, for many families priced out of their local markets the need for affordable housing remains strong. Like the PC’s infamous “blue screen of death,” the Urban Institute’s map of affordable housing inventory is terrifying to behold. A handful of dark blue swatches in […]

12 / 29 / 16

Smart Renters

Rising utility costs are a growing concern for renters. A recent report by Freddie Mac suggests that increasing utility costs concern renters more than rising rents—and renters are willing to pay higher rents for greener units. Forbes reports that the price of every energy commodity included in its index declined in the double digits since […]

12 / 13 / 16

Pedal Power

In bike-friendly Sweden, a new apartment complex includes custom design elements aimed at encouraging residents to ditch cars in favor of pedal power. For many urban apartment dwellers, parking spots and constant traffic severely undercut the benefits of living within the city limits. Sure, public transportation, walking, and cycling are all reasonable alternatives to private […]

11 / 23 / 16

Purposeful Surveys

You’ve probably heard the saying, “You can’t manage what you haven’t measured.” What exactly do you do once resident satisfaction has been measured? The data within your resident survey results can pave the road for a more profitable and enjoyable property—if you optimize use of the data.   Make a Plan Before you issue the […]

11 / 16 / 16

No Parking

Though parking lots are a necessary evil for many cities, surrendering space to automobiles places an undue burden on housing and urban development. On boulevards and avenues across the country, cars circle in an endless cycle, seeking the perfect parking spot and clogging city streets with noise, pollution and traffic. All the while, the space […]

10 / 31 / 16

Package Prep

From smart lockers to drone landing pads, multifamily prepares for the quickly evolving future o f e-commerce and deliveries. Alan Gershenhorn, chief commercial officer at UPS, reviewed the latest online sales data during a panel discussion with the National Multihousing Council: Brick-and-mortar retail has grown at approximately 2 percent each year. In comparison, e-commerce has […]

10 / 30 / 16

Airbnb + Apartments

Airbnb announced the official launch of its multifamily housing program. The Friendly Buildings Program welcomes collaboration with apartment owners and addresses their apprehensions regarding transparency and accountability—that is what it attempts to do, at least. Nearly 35 percent of multifamily property owners are interested in a home-sharing program and 24 percent of owners were unsure, […]

10 / 07 / 16

America’s Best Cities

Forbes recently released this year’s list of America’s Best Cities for Raising a Family. We’ve applied the Yardi Matrix national average rent of $1,220 in each one of the Forbes top 10 cities to give you an idea of your dollar’s worth. About the List Forbes created the list by analyzing the following data points: […]

09 / 30 / 16

Cabin-Style Dorms

With an eye towards sustainability and passive building principals, University of Colorado Denver’s prefab, cabin-style dorms connect modern architecture with outdoor living. Just outside Denver, Colorado sits a cluster of 14 micro dormitories outfitted with all the essentials necessary for comfortable, environmentally-friendly cabin living. Created in partnership with Outward Bound, the micro dorm project was […]

09 / 19 / 16

Millennial Renters

“The Millennials are coming, the Millennials are coming!” We’ve all heard some version of this over the last few years, but now they’re here and ready to rent. Are your properties positioned to get their attention? Here are six simple ways to attract more Millennials to your vacant properties. Learn how you can help them […]

09 / 06 / 16

Silence is Golden

One common pain point for renters is noise control. Sharing walls entails a lack of privacy and the potential tension amongst residents. Innovations in building materials are now making units quieter, giving prospects yet another reason to love renting. Road noise (or the horrid violin practice of the kid next door) are no longer deal […]

07 / 22 / 16

Service in a Flash

Once you submit your maintenance request via RentCafe client portal, you may have to wait a few hours before a technician completes service—unless Jorge Blanco is your maintenance tech. He’ll probably be finished before you can answer the front door. Jorge Blanco, service manager with Yardi client Kettler, is the reigning National Champion of the […]

07 / 13 / 16

Airbnb & Multifamily

Have you used Airbnb yet, either as a vacationer or a person renting out your home? According to the site, there have already been 60 million users, so chances are you have. I mean, I haven’t, because I like getting my towels cleaned every day and stealing hotel-branded pens, and also I think I would […]

07 / 03 / 16

Amenity Focused

Veritas Investments might be small in some ways, but it stands tall in creative customer service. San Francisco-based Veritas specializes in owning and managing classic, character-rich apartment buildings with 20 to 30 units, as well as their ground-floor retail sections.  With limited space at its properties, Veritas employs imaginative ways to grab attention in a […]

06 / 28 / 16