Renters have been steadily morphing toward an offsite approach in which they seek to gather as much information about an apartment community as they can before visiting in person. Developed effectively, tech-based leasing solutions should be mutually beneficial for prospects and the apartment operator.
Waste-hauling challenges are piling up for many apartment communities that are dealing with bored shelter-at-home residents during the Covid-19 pandemic.
Datasets are crucial to define growth. Data integrity has always been something of a challenge in the apartment world. The time for comprehensive data is now. With traffic patterns hectically evolving during the pandemic and prospects veering toward digital-based leasing solutions, precise data is crucial.
The COVID-19 news coverage is alarming and conflicting for residents. That has created an opportunity for property managers to build trust and establish themselves as reliable, transparent and consistent sources of information. That brings us to some best practices you can employ to increase the trust factor.
Pet adoption rates have skyrocketed with the nation suddenly having much more time on its hands. Animal shelters across the nation are happily running out of pets and some are temporarily closing with no pets to tend to. That equates to a strong chance that the pet population will spike to some degree.
With the arrival of May, more than half of the states are starting to open up to one degree or another, with the rest making plans to do so in the near future. And as the country inches out of lockdown mode, we continue to see improvement in the leading indicators of traffic and leases.
First-day rent payments in May increased slightly compared to first-day payments in April. More than 15% of renters paid in full on the first in both April and May, according to the report. The trend shows that renters that can afford to pay rent are prioritizing the payment.
Although most of us contend it will be a while before things return to normal – or something resembling our former days – new data from Radix shows that the apartment industry is finding its footing as it relates to the leading indicators of traffic and leases.
Where data visualization comes in. A spreadsheet contains an abundance of information, but it’s without context. It might contain every possible detail about an apartment’s location, type of finish, proximity to the dog park and the views it offers.
As states start to reopen, SightPlan’s Terry Danner shares strategies for the multifamily industry. With state and local governments already making plans to reopen the economy in incremental stages in the wake […]