Property Management News
Luxury is being judged before your leasing professional ever gets the chance to explain it. A prospect pulls into your property. She is not carrying a clipboard. She is not consciously assigning points for signage, lighting, cleanliness, parking, scent or wayfinding. But she is evaluating all of it. Within seconds, she is answering questions she may never say out loud: Does this place feel cared for? Does it feel easy to navigate? Does the experience match what I saw online? Do I feel expected? Does this feel worth the rent? And perhaps most importantly: Does this feel like the kind of place where details matter? That entire assessment can happen before anyone in the leasing office... Read more
The multifamily industry has long operated under the assumption that turnover is largely inevitable. Residents relocate for jobs. They buy homes. Life circumstances...
National dog day shows there is a gap in the rental market when “pet-friendly” does not always mean what renters think when they visit an apartment complex. More...
With Labor Day in the rear view mirror and the Holiday season just around the corner, it’s time to start thinking about weatherizing our lobbies for the upcoming...
By Property Management Law Solutions A Florida property manager may be days away from recovering possession when an unexpected notice arrives: the tenant has filed for...
Fire safety in an apartment building can easily become something that gets pushed into the background. The fire alarm company comes in. The sprinkler contractor does the annual inspection. Emergency lights get tested. Reports get filed away. As long as there are no obvious problems, it can feel like everything is being taken care of. But there is a difference between having fire protection systems in a building and actually understanding how those systems work together when there is an emergency. Property managers and building staff do not need to be fire protection technicians. They should, however, understand the basics of the systems they are responsible for and know what to do when... Read more
Multifamily operators are under increased pressure to retain existing residents as inventory levels rise across major markets. With more units available, renters...
Multifamily owners are leaning harder than ever on rent and deposit concessions to protect occupancy in a tougher refinancing climate, but that strategy is quietly...
The apartment industry spends enormous amounts of time discussing occupancy, conversion rates, resident satisfaction, and operational efficiency. Yet one of the biggest...
Insurance coverage gaps in rental property range from lost of rent insurance to actual cash value and replacement cost differences. A major insurance coverage gap that...
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