All the multifamily news you need
Trilogy Real Estate Group, a Chicago-based real estate investment, property management and development firm, earned national recognition as a top property management company in the National Apartment Association 2022 NAA Top Employers award program for the second consecutive year.
The top storylines in multifamily this week are supporting and optimizing onsite teams, technology to make leasing teams perform better, planning and implementing EV charging stations, the barrier and regulation cost in development and creating better experiences in affordable housing.
Lifting breed and weight restrictions for our four-legged friends and generally becoming more pet-inclusive can create significant financial gain for multifamily communities, such as increased NOI and higher resident-retention rates.
The top storylines in multifamily this week are sustainability becoming a resident requirement, the next wave of CRM capabilities, remote work amenities for residents, revenue recovery, AC maintenance, and rolling out the welcome mat for pets.
If we look back at how the industry operated two or three decades ago, we might realize hiring and training practices haven’t deviated much since then. So in some ways, the industry’s relationship with existing associates and potential new associates is in need of a reboot.
When faced with delinquent renters, owner/operators and onsite teams can face up to four stages of revenue recovery. The quicker each stage is addressed, the quicker it may be resolved. Early and automated communication with the resident is key to achieving success, and recovering lost revenue.
As a panel discussed in the National Apartment Association webinar Rolling Out the Welcome Mat: Rethinking Pet-Related Restrictions, forward-thinking pet policies are more important than ever considering the pronounced rise in pet ownership over the past decade, particularly the past two years.
GiGstreem, a leading provider of high quality residential and commercial broadband networks nationwide, today announced an expansion of their networks to the Pacific Northwest. This expansion will bring broadband services to over 20 multi-tenant buildings in the greater Seattle area.