Month: March 2023

Modern Consumer Expectations are Reshaping Rent Payments

Modern consumer expectations have greatly evolved over the last decade – especially when it comes to shopping and buying. For instance, if consumers make a substantial online purchase, chances are they have the option to pay in increments rather than in-full, using platforms such as Affirm or Afterpay.

The Three Cs of App Tech

Today's prospective renter experience barely resembles the traditional model deployed in recent decades. It is now fully mobile and self-sufficient, and empowers renters with more control over the process from Day 1. So why does the post-move-in resident app experience often become so convoluted?

Rent Reporting Continues to Build Momentum

Momentum is growing among public officials, as well as members of the apartment industry, that residents who pay their rents on time and in full should see a corresponding benefit to their credit histories. Less than 10% of renters currently see payment history reflected in their credit histories.

PetScreening Successfully Completes SOC 2 Audit

PetScreening today announced the successful completion of its Type 1 SOC 2 audit. Established by the AICPA, the SOC 2 examination is designed for organizations of any size, regardless of industry and scope, to ensure the personal assets of their potential and existing customers are protected.

Industry Trends Report |Week of March 6

The top storylines in multifamily this week are finding a good BTR market, rethinking pet restrictions, hoarding solutions, curb appeal is changing, the 2023 spring leasing preview, ChatGPT and multifamily marketing, oversupply won't last, the math of renting over buying and the affordability crisis.

What Makes a Market a Good One for BTR Communities?

According to Berkadia, the construction of build-to-rent homes - single-family houses built for the purpose of renting out - jumped by 30% from 2019 to 2020. A 2022 report by the company also notes that “developers expect build-to-rent homes will reach a double-digit share of new construction by…

Mill Creek Announces Move-Ins Underway at Modera Decatur

Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in rental housing across the U.S., today announced that move-ins are underway at Modera Decatur, a contemporary mixed-use apartment community in the thriving eastside Atlanta community of Decatur.