Tag: apartments

A Screening Solution

Landmark Realty of San Francisco

There aren’t many parallels to be drawn between the rental markets of San Francisco, Ca. and Albuquerque, N.M. One is known as the home of Twitter, the other as the setting for Breaking Bad. Last month, average rent for a San Francisco one-bedroom was $3469. In ABQ, a comparable pad could be had for $878.* […]

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Raising Fees

How to break the news

Increasing fees without losing tenants is all a matter of presentation. When the economy slumped, many businesses explored ways to cut costs and stay afloat. Some property management companies offered fees as low as 4 percent in exchange for basic services. Owners jumped on these contracts, using the low costs to attract renters to their […]

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Top 20 Cities

For Walkable Urbanism

By now, you’ve probably heard that pedestrian-friendly access is all the buzz among Millennials and hip, active empty nesters. Mortgages and car notes are falling out of favor as these two large portions of the population steer towards rentals in walkable cities such as Seattle, Portland, and New York. A new study shines light on […]

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Cowboy Properties

Happy residents on the range

Salt Lake City-based Cowboy Properties, Inc. has been managing apartment and condominium communities for decades now, attributing its success to its resident-centric take on business. “It all starts with happy residents. As simplistic as this principle may seem, at Cowboy Properties we’ve made happy residents our highest priority,” the company boasts. Cowboy Properties defines resident’s […]

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Walton Communities

Family Friendly Apartments

Since peaking in 2004 at 69.4 percent, U.S. homeownership rates have been slipping year after year. According to the latest Census Bureau data, the third quarter of 2014 ended with a nationwide homeownership rate of 64.3 percent, marking the lowest rate in 20 years. As a result, rentership is becoming more and more ubiquitous and […]

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Special Delivery

Managing Packages

More than 37 million U.S. apartment residents receive enormous numbers of holiday packages every year. A load that large requires more than mere tracking numbers. For that reason, one in four apartment communities use specialized software to manage residents’ packages on site. These are among the findings from the National Multifamily Housing Council (NMHC) and […]

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7 Winter Defenses

Maintenance Tips

Winter is in full swing, bringing with it unpredictable cold fronts and unpleasant, icy storms. Keep your property and residents safe with these simple tips for winterizing your apartments. For Owners HVAC Tune-up Seasonal inspections of your heating and cooling systems will ensure that they are operating at optimal efficiency. It’s also a great idea […]

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Self Storage

A "sneaky big" industry

When considering some of the nation’s most profitable industries, what do you think of? The NFL? Entertainment? Self-storage? Surprisingly to most, self-storage outperforms a number of glossier industries. “The self-storage sector is sneaky big,” says Michael Scanlon, president and CEO of the Self Storage Association. “In 2013, all 30 teams in the NFL generated $9 […]

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Resident Retention

Better Communication

Reducing turnover (and loss of revenue) requires multiple factors working together in harmony, such as a great location, beautiful homes and amenities, and a maintenance crew that is always on point. But perhaps most importantly, the relationship that renters build with the onsite staff can make or break a lease renewal. Fortunately for onsite staff, […]

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Ebola in America

Aware and Prepared

With the Center for Disease Control (CDC) estimating a potential 1.4 million Ebola hemorrhagic fever cases in West Africa by January 2015 and countless more abroad, it’s worthwhile to investigate how property managers should handle any potential cases at properties in their area. Perspective While Ebola is a serious concern, it is far from a […]

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Lifestyle Oriented

Multifamily goes swank

Resort-inspired waterparks. Cultural cafés. Vegetated roofs. Walking and biking trails inviting to active lifestyles. These features may not have had a place in urban residential developments in the past but they are now a gratifying reality. Today’s multi-family communities offer much more than just a place to live. They have evolved into inclusive live-work-play environments […]

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Halloween Safety

For All Treats, Fewer Tricks

During this time of year, your office is likely gearing up for ghoul-themed, candy-laden parties for your residents. A few simple tricks can help minimize risks to guests and keep your Halloween party fun and fright free. On the day of the event, you’ll likely be busy running through the office, putting up last minute […]

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Generation Rent

Demographics Impact Demand

The apartment industry has played a major part in the revitalization of the real estate sector while also significantly contributing to the American economy. Rental market activity has grown at a moderate yet constant pace in most metros around the country, with up to seven million new renter households forming the last decade—almost half of […]

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Happy Residents

Fostering customer satisfaction

Care to know which cities in the United States are home to the most satisfied apartment residents? A recent report released by J Turner Research, a Houston-based company that exclusively specializes in market research for the multifamily industry, identifies Raleigh, North Carolina, as the nation’s hub for happy renters. The study, The Digital Mirror: Online […]

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A Big Impact

Apartments and the economy

They’re the housing option of choice for millions of Americans, and have gained both development momentum and resident popularity over the last five years. But apartments are not just a roof over our heads at night. They are businesses that provide a major contribution to the U.S. economy. as illustrated by this infographic from the […]

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