All the multifamily news you need
Grace Hill, the innovator of customer management solutions for multifamily real estate, today announced the launch of text/SMS survey delivery for KingsleySurveys. This new delivery option enables multifamily property managers to increase the number of survey responses from campaigns.
The top storylines in multifamily this week are the Atlanta market, the perils of "unbroken" solutions, millennials and renting, being hardware agnostic, renewals, website accessibility, headwinds and tailwinds in multifamily, rising rents and construction surges.
Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced it has been named as one of the Elite 5 Multifamily Companies by the Kingsley Excellence Awards program.
When things are going well, people tend to let them be. “If it ain’t broke, don’t fix it” is the standard approach when everything flows smoothly. But, what if those “unbroken” solutions are actually causing hidden problems because all the focus is placed on other things?
Operators are seeking solutions that create convenience, reduce redundancies and establish single-source hubs to streamline operations. Multiple system logins have proven inefficient and problematic, turning property managers toward software that pairs with multiple hardware lines.
Engrain, the market leader in interactive mapping technology and data visualization software for the built environment, today announced that it has raised $12 million in Series A funding to drive platform enhancements across the company’s suite of technology offerings.
The top storylines in multifamily this week are rent reporting to credit bureaus, smoke-free apartments, net operating income, flexible rent payments, app tech that drives resident retention, ChatGPT uses and risks, construction soars, higher-income renters increasing and student housing rent growth.
Like many apartment markets across the U.S., metro Atlanta has seen its performance cool somewhat recently in the midst of inflation and overall economic uncertainty. During the fourth quarter of 2022, same-store effective asking rents for new leases in the area increased by 4.1% year-over-year.