The Multifamily Journal

Previous generations took a renter-by-necessity approach to their apartments, and they served mainly as a stepping stone to buying a house. Today's renters are more likely to sidestep that path and opt for a lifestyle that relieves them of the burdens of homeownership.

Mill Creek Residential announced the start of preleasing at Modera Melrose, a mixed-use community in San Diego's North County. Modera Melrose, which features 323 homes and 2,100 square feet of retail space, is located eight miles east of Oceanside's vibrant downtown area and the city's premier beaches.

Mill Creek Residential announced it has broken ground on Modera City North, a contemporary community in the emerging Desert Ridge neighborhood of North Phoenix. The wrap-style community, which will feature 330 homes, will serve as a key component of the City North master plan.

Maintenance staffing remains the multifamily industry's most persistent hiring challenge, even as recruiting has improved for leasing and other onsite roles. Elevated apartment deliveries continue to increase demand for experienced technicians.

RF Investment Partners announced today the successful exit of Ally Waste Services. This exit marks the culmination of a transformational partnership that began in 2022 and reshaped Ally Waste from a small southwestern valet trash provider into a national managed waste platform.

Multifamily's top storylines this week are the improving leasing environment, fewer vendors doesn't mean fewer issues, rethinking pet-friendly, new hires for Quarterra and CAPREIT, 21st Century ROAD to Housing Act, SmartRent launches virtual intercom, amentiy copy and SEO and keeping aging buildings safe.

Nearly every operator uses resident surveys to collect feedback, track satisfaction, and compare property performance across communities. But somewhere along the way, the industry began treating surveys as scoreboards instead of what they were meant to be: operational improvement tools.

Quarterra, an industry-leading multifamily development and investment management firm, announced the groundbreaking of its latest apartment community, Aldea, in Murrieta, California.