Property Management News
Labor Day, the start of meteorological fall and the equinox are firmly in the rear-view mirror. Meanwhile, colder temperatures, ice and snow aren’t too far off in the future. The good news is there’s still time for multifamily owners and operators to “winterize” outdoor amenity areas (think courtyards, swimming pools, rooftop terraces, fire pits and others), while preparing the great indoors for an uptick in residential usage. “Think of it as a seasonal reset,” said Alexandra LaFlam, National Account Executive at WithMe, Inc. Inspect, Clean and Store No matter where a multifamily property is located in the United States, the chances are pretty good that its outdoor features... Read more
Property managers are no strangers to the challenges of turnover, tenant retention, and budget constraints. But one area that often slips under the radar is the...
When Anna Julian happened upon a neglected row home in Baltimore seven years ago, she had no formal construction training—just determination, a willingness to...
The days of Los Angeles landlords telling renters to bring their own fridge will soon be over. Gov. Gavin Newsom signed a law on Monday requiring rental property...
The High Cost of Overlooking Construction Safety Renovations and capital projects can refresh an apartment community. New amenities, smarter layouts, and better curb...
Key Takeaways Fire deaths occur at one-fourth the rate in new multifamily buildings compared to modern single-family homes. Features like sprinklers, fire-resistant materials, and self-closing doors have helped drive down fire fatalities in apartment buildings. Despite better outcomes, safety concerns continue to slow multifamily development due to outdated perceptions. Pew recommends revisiting two-stairway mandates for smaller buildings to lower construction costs and encourage safer housing supply. Fire Risk Is Lower In New Apartment Buildings A new report from Pew Charitable Trusts suggests that expanding modern multifamily housing could significantly reduce fire deaths in... Read more
As the weather starts to cool and we head into fall, it’s a good time to start thinking about winter prep. Smart property technology can do a lot of the heavy...
If you’re a new or prospective landlord, or just haven’t bought a rental property in a while, figuring out what rental properties to purchase and which to pass on...
As the crisp chill of autumn begins to settle in, landlords and property managers face a familiar seasonal challenge: ensuring their apartment building’s boiler...
What Is a Value Add Opportunity? A value add opportunity in real estate is a strategy. Investors buy properties that are not doing well. They make improvements to...
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