Tag: Multifamily

Training Property Managers

The latest education approaches

As property managers are increasingly asked to behave like asset managers, their training is taking a unique turn. Third-party management firms and management departments within investment firms alike are coming up with more comprehensive and sophisticated approaches to upgrade their teams’ abilities. One particularly innovative effort is a training facility created by Cooper Square Realty […]

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Creative Retention

Keeping down tenant turnover

Hanging on to the multifamily residents you have is always high on the priority list of property managers. Turning apartments is nearly always a revenue loss, and keeping the tenants you have reduces workload for everyone on the site staff. Getting creative with retention strategies is a challenge for property managers, who must constantly update […]

Marketing

Rocking Renting

RentCafe Insight

There’s no arguing that the way renters search for a new apartment has undergone a dramatic, tech-influenced shift, one that is still evolving for multifamily. No matter what your property size, producing results via apartment search, mobile marketing and online leasing is crucial. When it comes to optimizing the online presence of an apartment community, […]

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Smoke-Free Multifamily

HUD delivers toolkits

A boost to healthy lifestyles was delivered late last month when HUD and HHS unveiled two smoke-free housing toolkits. Working conjointly with public housing authorities across the country, the effort is an attempt to provide healthier homes and to cut costs for maintenance. One toolkit focuses on property owners/managers and the other targets residents. “A […]

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Handling Hoarding

A multifamily challenge

Hoarding has affected multifamily housing firms long before any reality show. Also known as compulsive hoarding and cluttering, hoarding is the excessive collection of possession or animals. According to the International Obsessive Compulsive Disorder, it is closely linked with obsessive compulsive disorder, a mental illness that affects nearly 3 million people throughout the nation. As […]

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Big Data

Understanding your customers

Companies strive to better understand their customers and stay a step ahead of their competitors. Various methods of accomplishing these goals have come and gone over the years but none has stirred as much buzz as Big Data. Through such analytics, companies now have the power to explore human-generated data in addition to transactions, market […]

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Tenant Events

Multifamily celebrates summer

Summer is here! Rental communities across the nation have speckled their event calendars with group fitness classes, barbecues, and game nights to entertain youth and adult residents alike. While such events may seem to serve only one purpose—fun!—they can be an important tool towards improving tenant retention. By hosting resident appreciation events on the property, […]

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Wild About Wireless

A must for multifamily

As the multifamily housing industry booms amidst the slow recovery of the housing market, investors and developers are seeking prime real estate to seize the opportunities presented. To ensure the success of your upcoming project in a market flooded with competition, it is vital to consider even the smallest factors in tenant satisfaction. Today’s renter […]

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Student Housing

Low budgets, high expectations

Student housing has grown out of its niche sector. More universities are turning to third party firms to meet the needs of increasing enrollment, and multifamily firms have been responsive.The demand for student housing is high – a recent National Multi Housing Council white paper revealed that a 38.7 percent increase in university enrollment over […]

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Stamping out Smoking

Towbes Group goes smoke free

Last week we told you about the growing national trend of apartment communities that are prohibiting smoking altogether, rather than limiting smokers to certain apartments, and have been backed up by legislation in some states that OKs the restrictions. This month, Yardi client The Towbes Group of Santa Barbara, which has multifamily and commercial properties […]

People

Talking to the Rentennials

Eschewing home buying

Oh, those hard-to-pin-down, picky renters and their hearts’ desires. Every year, major research and development dollars are spent by trade associations and independent companies to try to figure out what will make renters choose one property over others, pay more rent for certain amenities, and stay on as long term residents. What’s being most closely […]

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Shutting Out Smokers

Some states ban butts

As the multifamily industry moves forward, many firms are choosing to create sustainable housing that also fosters a healthy lifestyle for its residents. Firms select sites with easy access to public transit and bike lanes. Communities receive fitness centers, walking trails, and programming like exercise and yoga classes. Many of these health-related amenities welcome residents […]

People

Ken Doble

Quantitive Realty Capital

With more than two decades of experience in the residential property management industry, Ken Doble, Partner at Atlanta-based Quantitive Realty Capital (QRC), is well-versed in what’s trending in multifamily today. A technology-savvy executive who shares updates via his Twitter feed daily, Doble began his career 20 years ago as the on-site property manager of a […]

People

ECI Group

Multifamily in the Southeast

ECI Group owns and manages 9300 units of multifamily housing, with 37 communities in Florida, Mississippi, Louisiana, Georgia, and Alabama and more on the way. David Hirsch, Chairman, tells us that ECI has new developments in the works as the multifamily market continues its strong performance. Occupancy rates at the company properties are in the […]

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Tech Concierge Services

Added value for residents

Mints on the pillow are no longer sufficient when the home automation is waiting to be configured. In a market that is burgeoning with new and innovative rentals, setting your property apart from the crowd requires insight into tenants’ most basic needs as well as their superfluous desires. Multifamily firms are devising creative ways to […]

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