Month: July 2023

Data is a key component in the success of commercial real estate but data alone isn't enough. You need benchmarks to contextualize that data. Industry benchmarks provide a framework for evaluating performance against competitors, highlighting strengths and weaknesses and identifying trends.

As properties clamor to meet prospects in their comfort zone, an often-overlooked component is that of generational preferences. To be fair, the industry hasn’t purely disregarded the topic, as it readily acknowledges that the types of communication preferences might vary.

To truly optimize their retention performance in both strong and softer markets, multifamily companies need to understand all the nuances and unique factors surrounding a resident’s renewal decision and build their procedures and tech stack accordingly.

The top storylines in multifamily this week are the prospect journey, hurricane preparation, dog breed myths, incentive optimization, rental property tours, pet proptech, providing the human connection, mental health issues increasing in multifamily and the effect of student debt on leasing.

Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced the acquisition of Modera Art Park, a contemporary apartment community in Denver’s arts-infused River North (RiNo) neighborhood.

Mill Creek Residential, a leading investor and operator specializing in premier rental communities across the U.S., today announced construction is underway at Modera Coral Springs, a luxury mixed-use apartment community positioned in the rapidly emerging heart of the city.

Nearly 90 percent of all renters want to see a property before signing a lease and 31 percent want the option of an online tour. Rental property tours are one of the most crucial tools required to outperform the competition and they can make or break whether a…

Just as frustrating as their consequences is the fact that these bans are based on the myth that certain breeds are inherently dangerous. That’s right: When you take the time to investigate the matter, you’ll see that breed bans are built on a foundation of sand.