Property Management News
Not long ago, a residential building manager’s primary relationship with the physical condition of their property was reactive. Something broke, a resident called, someone went to look at it. The building revealed its problems through complaints and crises rather than through continuous monitoring. That model is changing quickly. Sensors are proliferating across multifamily properties at a pace that would have seemed impractical even five years ago, driven by falling hardware costs, more accessible wireless infrastructure, and a growing recognition that the data sensors generate has real operational and financial value. The modern residential building is becoming a network of monitoring... Read more
Hurricane season officially began on June 1, and for property owners and managers across the Gulf Coast and Southeast, preparation should already be underway. While NOAA...
KEY TAKEAWAYS A recent CDC report identifies the hot tub at a short-term rental property as a potential source of Legionnaires’ disease New York investigators...
Most homeowners only think about their home’s systems when something goes wrong. The boiler breaks down during the coldest week of January. The electrics trip...
Regular rental property inspections are one of the most important risk-management tools for landlords and property managers. They help protect the property, reduce...
Here is the uncomfortable truth: for the past three years, rising rents covered a lot of operational sins. Deferred maintenance, inefficient turns, bloated vendor contracts. When revenue grows 10% a year, nobody panics. But that era is over. Sun Belt markets got hit hardest: Dallas at -1.2%, Miami at -1.0%, Austin down more than 20% from its 2022 peak. Units are sitting vacant 38 days on average, more than twice as long as the 2021 peak. And per PwC’s 2026 Emerging Trends report: ‘Everyone thought 2025 would be the year of recovery; now everyone is hoping 2026 will be that year.’ The NAA’s 2024 Income/Expense IQ report, covering 4,600+ properties and... Read more
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...
It’s safe to say that AI is no longer just a futuristic concept or a fleeting tech bubble. Beyond all the hype and debate, artificial intelligence has gone from a...
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,...
Keeping a building dry is both an interior and exterior challenge. All buildings, regardless of materials and construction, are at risk of water infiltration and...
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