All the multifamily news you need
Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced the start of move-ins at Modera Six Pines, a wellness-inspired apartment community in The Woodlands.
Hiring key employees is top of mind for most company leaders, who have been having a hard time filling open positions during the Great Resignation. So when new employees are finally brought aboard, welcoming them and helping them have a smooth transition is more important than ever.
The top storylines in multifamily this week are DCFCs and solutions for EV charging, employing a data steward, brand style guides for multifamily, women in commercial real estate, rent control measures continue across the nation and using automation for prospect engagement.
Brickstone Partners, a full-service real estate investment and development firm located in Nashville, Tenn., today announced the refinance and recapitalization of two multifamily assets valued at more than $180 million. The properties were extensively renovated after their purchase.
Xeal today announced it was selected by UBS Asset Management’s Real Estate & Private Markets business to install EV charging stations in select investment trust properties across the United States. UBS Asset Management has also made a strategic selection of properties that are slated for future-proofing.
Renters these days have a need for immediacy. While leasing teams have a variety of prospect engagement strategies, many operators are looking to incorporate tactics that provide an immediate response to prospects and create a seamless and consistent line of communication.
While public fast-charging networks have dominated much of the electric vehicle (EV) charging discussion and while public investment is important to the ultimate success of EVs, owners prefer to charge vehicles at their place of residence, necessitating the prioritization of at-home charging.
Data in the 2022 NMHC/Grace Hill Renter Preferences Report found that 27 percent of respondents were interested in electric car charging stations, up from 25 percent in 2020. The respondents also said they would pay more in rent for this amenity–an additional $28.12 per month.