Property Management News
Electric vehicle sales have recently fallen short of carmakers’ hopes, but there are signs EVs may have staying power in the market. In the third quarter this year, EVs accounted for nearly 9% of automobile sales, according to Cox Automotive. That was their highest share on record. With more electric vehicles on the road, more drivers will be looking for places to charge. Right now, for most EV owners, that’s easiest to do if they have a garage or driveway. But over 45 million U.S. households rent, and many of them live in multifamily buildings. As EVs grow their market share, more renters are looking to charge at their apartment complexes, presenting challenges for renters and... Read more
Introduction You’re about to pack up when the email arrives. “What’s going on with this property in Houston?” You check the dashboard and see...
As we enter the New Year, analysts are peering into their crystal balls to predict how multifamily will thrive in 2025. Yardi Matrix sees the multifamily market poised...
Let’s be real: the real estate industry isn’t bracing for a downturn — it’s already in one. Rising operational costs, soaring interest rates, and shrinking...
In 2024, the industry stabilized as elevated resident experiences, a focus on community, and eco-friendly practices shaped the multifamily landscape. In the new year,...
In the not-too-distant past, multifamily resident communications were largely transactional. “They focused on the application, move-in details, when rent was due, when your service request was taken care of, lease renewal, and moving out,” says Marcella Eppsteiner of Mission Rock Residential, a Denver-based third-party management company that manages 34,000-plus units in 18 states. As Mission Rock’s chief experience officer, Eppsteiner views resident communications more holistically. “If you’re only communicating with your customer at those transactions, you’re missing something. Living in a home is an emotional experience. Your life changes there. Some residents are becoming... Read more
In today’s financial landscape, a good credit score is more important than ever. It can influence everything from loan approvals to interest rates and even job...
As 2025 begins, many people are taking the opportunity to start the new year on the right foot. For some, this may mean working out more often or starting a new hobby,...
Property owners and managers are no strangers to wearing many hats, but developing a plan for energy reduction and electrification could be unfamiliar territory to even...
Across the country, the arrival of new units will affect occupancy, rental rates and operations in 2025. As we contemplate the opportunities in multifamily, we simply...
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