Property Management News
The fundamental demographics of the U.S. apartment renter — the age and income of typical tenants — have changed dramatically in recent years. But the business model underpinning the multifamily industry hasn’t. Most apartment tenants must commit to a 12-month lease, buy their own furniture and pay for electricity, WiFi and other necessary services separately from their rent. If they want to move, they need to haul that furniture to their new place and sign up for utilities again in their new building. And if life circumstances require them to relocate before their lease is up, they must pay up to move out. But this longstanding model of apartment leasing is ripe for... Read more
Love for pets is at an all-time high and only continues to increase. The American Pet Products Association indicates that 71% of U.S. households own a pet, while...
June saw another month of rent increases as the national median rent ticked up by 0.4 percent in June, increasing for the fifth consecutive month, according to the July...
Student housing is one of the most reliably high-performing asset classes in multifamily real estate. Estimated occupancy for the 2025 to 2026 academic year reached...
Tenants at apartment complexes operated by Greystar, the largest owner and manager of apartments in the US, don’t just pay rent. They pay a mass of fees that many...
The supply-and-demand setup in the Chicago metro is as good as it has been in a decade, says Galen Faurot-Pigeon, industry principal, multifamily, for Real Estate Business Analytics (REBA). According to REBA, multifamily deliveries are at a decade low and the under-construction pipeline is down about 25%, setting up the market for sustained rent growth. Per REBA Benchmark, its real-time rent and occupancy dataset, the Windy City leads the Midwest with 2.6% year-over-year rent growth through March, ahead of Minneapolis-St. Paul at 1.9%; Kansas City, Missouri, at 1.4%; and Indianapolis at 0.4%. In addition, REBA notes it’s the fourth-highest rent growth market in the nation, coming in... Read more
Silent stress is building in the multifamily market and you’d be hard‑pressed to see it in the usual numbers. On paper, rents look solid and buildings are...
The tech market is driving interest in the Bay Area. Multifamily vacancy as a whole in the region dropped by 80 basis points to just 3.4 percent, according to a new...
Chandan’s Economic April data shows the independent rental market starting to stabilize. On-time rent payments increased to 84.5%, marking the sixth gain in the...
Smarter pet management keeps renters, protects income with pet-friendly policies and becomes a part of operational strategy in multifamily. Among today’s renter...
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