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Excellence Awards

The MHN Excellence Awards recognize the multifamily industry’s most noteworthy people, companies and properties. The 2014 winners will be selected by a panel of judges representing expertise across all multifamily disciplines. Submissions will be due by Monday, July 7 (deadline has been extended). Here’s how to enter. 1) Select the categories you’d like to enter […]

06 / 09 / 14

A Winning Combo

The nation’s home ownership rate is on the decline as rising real estate prices and mortgage rates hold back demand. According to the latest data from the U.S. Census Bureau, the ownership rate dropped to 64.8 percent in the first quarter 2014 from 65.0 percent in the first quarter 2013 and 65.2 in the previous […]

05 / 28 / 14

Melissa D. White

Melissa D. White is a Millennial specializing in multifamily marketing, which means she is perfectly poised to understand what renters of her generation want and need from their apartment leasing experience. And thanks to fast-paced technological innovation in the realm of real estate and the willingness of her employer, GFI Management Services, to try new […]

05 / 27 / 14

Pillars of the Industry

The National Association of Home Builders (NAHB) is now accepting applications for its annual Pillars of the Industry Awards competition, the most prestigious award of its kind. Since 1990, NAHB has issued Pillars of the Industry Awards to the most outstanding leaders and innovative thinkers in the multifamily industry. Now is your chance to be […]

05 / 08 / 14

Crittenden Conference

Achieving renter happiness might be tied to the same desires that have made fast food and Amazon Prime among the most popular innovations of our time. Are you offering your residents instant gratification? That was one of the technology trends discussed on a panel at the recent Crittenden Multifamily Conference in Dallas, Texas. Industry experts […]

04 / 09 / 14

Tawny Crazy Ants

Just as the bed bugs craziness fades from the media, a new pest is working its way through the nation. Tawny crazy ants have caused more than $146.5 million in property damage in the state of Texas alone. And they’re spreading. Nylanderia fulva, simply called the crazy ant, is a tawny-colored, hairy critter that’s about […]

03 / 31 / 14

business woman standing with her staff at conference

Millennial Managers

As Baby Boomers by the thousands prepare to retire, training their successors is taking on fresh urgency. Anecdotal evidence suggests that a growing number of people are making real estate management a career of choice rather than chance. Nevertheless, some experts contend that the profession must further step up both recruitment and mentoring. All too […]

03 / 12 / 14

Affordability Crisis

Every morning at 8am, the construction crews begin working on the neighborhood behind my home in an Atlanta suburb. The sounds of hammers, trucks, and lively music are a sign that the housing market is recovering. While these lots will make lovely homes for some, their $250,000+ price tags exclude buyers most in need of […]

02 / 27 / 14

Surviving the Drought

Rain and snow in California have been so scarce over the last three years that about 95 percent of the state is in drought. Along environmental challenges, the ongoing drought has led to a stressed water system which menaces everything from local economies to agriculture and day-to-day living. And although there’s been a slight improvement […]

02 / 25 / 14

Beacons

If your property was developed before 2000, it wasn’t built with cellphone and Wi-Fi reception in mind. The location, building materials, and sometimes the building’s design can hinder signals. Today’s renters won’t tolerate glacial-speed connectivity and inconsistent service. Beacons could help improve resident satisfaction, retention, and give you new ways to communicate with tenants. Beacons […]

02 / 17 / 14

Market Report

The following article is excerpted from an article by Keith Loria in the January issue of Multi-Housing News. Find the the full story at Market Report: Ones to Watch. Pierce-Eislen is a subsidiary of Yardi Systems. Ron Brock, vice president and general manager of Pierce-Eislen, located in Scottsdale, Ariz., says that his Top 10 list […]

02 / 13 / 14

End of Debt Forgiveness

Just when we thought the housing market was stabilizing, the Mortgage Foreclosure Debt Forgiveness Act ended. To date, the act has not been extended, which could lead to a few notable changes in both the single-family and multi-family markets. Before 2007, a mortgage owner could receive a break on their loan as long as that […]

02 / 06 / 14

Improved Payments, Process

Moss & Company has improved resident screening, energy billing and management, and resident services at its multifamily rental properties with products from the Yardi Multifamily Suite™ that are integrated with the entire Yardi Voyager® leasing cycle. Moss & Company adopted Yardi Resident Screening™, an online resident screening system, to replace a paper-based screening system.  “We […]

01 / 29 / 14

Couple in new apartment

Apartment Marketing

The digital environment gives you the power to transcend physical boundaries and reach your audience wherever they are. Virginia Love, Vice President of Leasing and Marketing for Chicago-based Waterton Residential, thinks that a good online reputation is crucial in today’s marketplace. The company partnered with survey company SatisFacts and their Verified Resident Program to strengthen […]

01 / 08 / 14

Mills Properties

St. Louis isn’t known as a hipster haven. But the city’s developers are gradually embracing the concept of walkable urban neighborhoods. The reinvention of a portion of the city’s downtown, into what’s now known as the MX District, leads the way. MX stands for Mercantile Exchange, hearkening back to the days when downtown St. Louis […]

01 / 07 / 14