Property Management News
I have to start by giving credit where it’s due. My friend Lisa Trosien has been on a tear lately on LinkedIn—calling out something our industry needs to hear: Just because we can automate something in the leasing journey doesn’t mean we should remove the human entirely. And she’s right. Because while AI is quickly becoming embedded in nearly every step of the renter journey, there’s a dangerous narrative creeping in behind it: If AI can handle it, humans are no longer necessary. That’s not innovation. That’s oversimplification. AI Is Everywhere—And That’s Not the Problem Let’s be clear: AI is not the villain here. AI-powered chat,... Read more
Each quarter, RentCafe releases its Rental Competitiveness Report to share how markets are comparing against one another for apartment hunters nation-wide. As of...
The moment a property manager issues a denial letter, the professional relationship enters a high-stakes phase. While automated screening tools provide a necessary first...
The U.S. rental market is being shaped by cost, geography, and unequal access rather than individual preference, according to a new report from...
With expenses high and rent growth sluggish, apartment landlords are increasing add-on charges for renters as the Federal Trade Commission once again zeroes in on...
Residents are gaining more than a place to live at Arbor 515 in Salt Lake City. The new development—a conversion of a former office building—provides 96 affordable homes as well as a unique opportunity to earn equity. The majority of the building’s annual cash flow will go back to residents, and when Arbor 515 is refinanced or sold, residents will also receive meaningful direct payments based on how long they have lived in their apartments, according to developer Chris Parker, director of Perpetual Housing Fund (PHF). The nonprofit is piloting the Tenant Wealth Initiative (TWI) at the recently opened development. Residents have an option to enroll in TWI at no cost or requirements. To... Read more
Stop “Showing” Apartments. Start “Experiencing” Them! Are your leasing agents just glorified key-holders? If your standard tour consists of...
What makes a rental property truly profitable? Setting the right rental rates is more than just picking a number; it’s a strategic balance of market trends, property...
Most multifamily owners and managers are aware that discrimination against disabled tenants can result in litigation and increase a project’s operating expenses, which...
Not long ago, the apartment search looked like this: open Google, type “apartments near me,” scroll through a handful of listings, and schedule a tour. That funnel...
Accessibility