Property Management News
Smarter pet management keeps renters, protects income with pet-friendly policies and becomes a part of operational strategy in multifamily. Among today’s renter households, pets aren’t optional. According to Zillow’s recent Consumer Housing Trends Report, renters are now more likely to have at least one pet (59%) than a child (37%). This shift is reshaping leasing decisions, with as many as 60% of renters renewing their leases because their property allows pets. Yet, despite high demand for pet-friendly homes, most renters still can’t find them. Research from the Pet & Housing Initiative at Michelson Found Animals reveals that 72% of renters struggle to find homes that... Read more
KEY TAKEAWAYS National multifamily rent growth slowed to 1.0% year-over-year in March. Monthly momentum turned negative for the first time since June 2023. Performance...
KEY TAKEAWAYS Class B apartments are outperforming both Class A and Class C segments due to stable demand and lower risk exposure. Class B assets benefit from strong...
Fire prevention in multifamily housing often comes down to chance instead of planning and that gamble is costing owners millions, according to Michael Pigg, CEO of...
Pet-friendliness is one of the ultimate differentiators at rental communities, and the difference is obvious the moment you walk a truly pet-inclusive property....
There’s a paradox at the heart of most apartment branding: the desire to appeal to the widest possible audience creates brands that fail to connect with anyone in particular. Pull up a handful of apartment community websites in any competitive market. You’ll see remarkably similar stock photography, nearly identical color palettes, and copy that could be swapped between properties without anyone noticing. The industry has, collectively, optimized for inoffensiveness—and the result is a sea of sameness that forces prospects to make decisions based almost entirely on price and proximity. The strategy stinks and the design is (so) uninspired. The communities that lease fastest... Read more
Everything has its season, goes the old saying—and that’s especially true when it comes to common area upgrades. Planning and executing these projects takes time,...
The above graphic shows eviction filings for sites we track, relative to their historical baseline. Arrows pointing up show sites with above baseline filings; arrows...
AI is not a replacement for a property management platform, but it can help with administrative functions. Beware of its potential bias, legal issues and...
The U.S. rental market is being shaped by cost, geography, and unequal access rather than individual preference, according to a new report from...
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