Property Management News
U.S. advertised asking rents increased $2 in August to $1,773, marking an annual improvement of 0.4 percent, 20 basis points above the 2025 figure, according to Yardi Matrix’s latest survey of 140 markets. This represented the largest growth rate in nearly a year. Single-family build-to-rent rates retained their record of $2,246, up 0.5 percent year-over-year. Gateway markets continued outperforming alongside Midwestern ones, although these metros have experienced cooling momentum. San Francisco (6.1 percent year-over-year advertised rent growth), New York (5.3 percent), Kansas City, Mo. (3.0 percent), Chicago (2.6 percent) and Twin Cities (2.4 percent) posted solid results. The... Read more
Renting an apartment is a strange transaction. It is the biggest bill most renter households pay each month. Yet the deal itself gets struck in a hurry: a couple of...
Property managers wear enough hats already. The problem is that many teams still spend too much time on marketing tasks that are repetitive, specialized, or better...
The worst of the multifamily insurance shock may be easing, but apartment owners are not yet seeing the payoff in higher net operating income. That is the...
Although rent growth has accelerated, the share of listings offering an incentive remains elevated The typical U.S. asking rent rose to $1,965 in June, up...
Every lease starts as a bet between strangers. The landlord bets that the person on the other side of the application is who they claim to be and earns what they claim to earn. The renter bets that the apartment in the photos exists and that whoever is collecting the deposit actually owns the place. For most of the last century, that bet got settled face to face. You met the landlord, you walked the unit, and somebody looked you in the eye and made a judgment call. Then the process moved online, and the eye contact went away. Applications became uploads. Tours became video walkthroughs. Approvals became a decision made by someone three time zones away who has never stood in the... Read more
Ten years ago, a prospective renter’s research process was simple: they toured the unit, met the leasing agent, maybe skimmed a few reviews. Today, before they...
Apartment demand accelerated during the second quarter, pushing national vacancy lower as household formation strengthened and renters faced renewed obstacles to...
There’s a word in our industry that has been used so widely, so indiscriminately, and for so long that it no longer transmits any information at...
Commercial real estate owners have always understood that empty spaces are lost opportunities. What they have been slower to recognize is that underutilized space, a...
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