Ashcroft Capital today announced its acquisition of Elliot Roswell (formerly River Crossing at Roswell), a garden-style apartment community in the Atlanta suburb of Roswell. Birchstone Residential, Ashcroft Capital’s in-house property management company, has assumed management of the community.
LMC, a wholly owned subsidiary of Lennar Corporation and a leader in apartment development and management, today announced the start of preleasing at Triangle Square Apartments, a luxury mixed-use apartment community in the popular Bucktown neighborhood of northern Chicago.
Multifamily is beginning to realize the operational benefits of technology solutions and third-party services to free up onsite teams to perform the jobs they were hired for. A new revenue recovery process built with automation and integration better positions operators to mitigate the risk of bad debt.
Property managers have a number of options when it comes to access control technology. But not every product fits every community, or every purpose. Operators need to consider the function and flexibility required for optimal access control, and to maintain the integrity of their property.
The strength-based approach often yields immediate dividends. Without trying to mold themselves into something they aren’t—like the quarterback trying to play linebacker—associates are often more enthused, productive and authentic just being themselves.
This week’s top multifamily headlines: building and developing the right teams, mitigating disaster with smart home tech, self-guided tour best practices, the FHFA’s extension of the eviction moratorium, property management labor issues persist and supporting the contactless community.
From parking to patios, storage to poolside seating, space is finite at multifamily properties. Because square footage is directly linked to revenue at apartment communities, it is critical to leverage each inch of real estate and maximize the return on investment (ROI).
Self-guided tours became a leasing tool of necessity during the pandemic. Many operators accelerated implementation of whatever solution they could get immediately up and running. Unfortunately, operators sometimes skipped critical considerations in the self-guided tour experience.
Mill Creek Residential, a leading developer and operator in the U.S., today announced the start of preleasing at Modera Biscayne Bay, a luxury mixed-use apartment community located at the convergence of Miami’s vibrant Edgewater and Omni Arts and Entertainment neighborhoods.
PetScreening, a first-of-its-kind screening platform that empowers property managers to outsource their pet risk assessment and assistance animal validation processes at no charge, today announced a $3 million Series A funding round. The round marks Vesta’s first investment in PetScreening.