All the multifamily news you need
Apartment residents, like people everywhere, are absolutely crazy about their pets. Although it may sound cliché, renters feel like their dogs and cats truly are members of their families. The bond between owner and pet is unmistakable.
Financial amenities are emerging as the next distinct amenity offering at apartment communities. From flexible payment options and budgeting tools to credit building, financial amenities help support on-time, in-full payments and boost resident morale.
Ashcroft Capital today announced the addition of Bill Kay as managing director of capital markets. The hiring of Kay will support Ashcroft’s continued emergence in the rental-housing sector as the company continues to acquire assets in its existing markets in the Sunbelt and seeks to enter new markets.
This week's top storylines in multifamily include: the continued growth of chatbots, reasons affordable housing will thrive, California Senate Bill 1157, Gen Z looking to buy, the multifamily opportunity in aging office parks and the increase in apartment price.
There are many benefits to multifamily communities being pet-friendly, including happier residents, an improved reputation and more homes available for pets that don’t have one. But the residual effects don’t stop there. Another major benefit is that it widens the pool of prospective residents.
Multifamily property teams know their communities better than anyone else. They know the grounds, amenities and property layout like the back of their hands, and their relationships with residents almost make them extended family.
Mill Creek Residential, a leading developer and operator specializing in premier rental communities across the U.S., today announced the start of preleasing at Modera San Diego, a luxury apartment community in the city’s eclectic downtown area.
Mill Creek Residential announced that construction is underway at Modera Skylar Phase II, a contemporary apartment community located in the River District of Downtown Miami. The company first broke ground in February and is now amidst the construction process.