Property Management News
Findings reveal a clear divide in today’s resident base, separating renters into two distinct groups: those who rent out of necessity and those who rent by choice. Understanding that distinction is no longer optional. As the rental market continues to evolve, it has become central to building effective leasing and retention strategies. The Financial Reality of the Circumstantial Renter The largest segment, representing approximately 54.5% of renters, can be categorized as circumstantial. These individuals are driven primarily by financial constraints rather than preference. The study showed that a total of 43.1% report renting because they cannot afford to purchase a home or qualify... Read more
Key Takeaways On-time payments increased to 83.2% in September, extending the rebound from the summer trough. Year-over-year collections increased 91 basis...
You don’t need to live where you invest. But you do need to think differently about where you invest. Out-of-state investing used to mean finding cheap...
The Milwaukee apartment reeked of cat urine. Empty pizza boxes rose waist-high from the floor. And in a bedroom, tucked behind the door and covered in dust, hung a...
Multifamily operators are under increased pressure to retain existing residents as inventory levels rise across major markets. With more units available, renters...
When lightning struck the apartment building at 655 New York Ave. in Brooklyn, it started a blaze that ripped through more than 100 apartments. More than 200 firefighters arrived on the scene. Three and a half hours later, the fire was under control, but the homes were incinerated. That was in 2012. To this day, the building’s residents haven’t been able to return. The building is one of nearly 9,000 in New York City that have been placed under an order to vacate since 2012 — an emergency protection that today is being slapped on a record number of buildings, according to a Bisnow analysis of city data. “It’s all tremendously frustrating,” Legal Aid Society... Read more
Multifamily owners are leaning harder than ever on rent and deposit concessions to protect occupancy in a tougher refinancing climate, but that strategy is quietly...
KEY TAKEAWAYS Average US apartment size rose by 13 SF in 2025, reaching 910 SF nationwide, per RentCafe/Yardi Matrix data. Southern cities, especially Tallahassee,...
The multifamily industry is facing a number of headwinds such as high operating costs, increased vacancy and stagnant rent growth. Property managers are leveraging...
The apartment industry spends enormous amounts of time discussing occupancy, conversion rates, resident satisfaction, and operational efficiency. Yet one of the biggest...
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