All the multifamily news you need
The top storylines in multifamily this week are third-party management, more 2025 goals, multifamily priorities, happier teams and residents, AI in real estate decisions, pricing algorithms, three-day evictions bill, Grace Hill names new CTO and VP of Growth and housing starts favor multifamily and BTR.
In the realm of property management, rentable amenities present an often-overlooked revenue opportunity. It's not that residents don't want to use these spaces, it's often a matter of not knowing how. These items can generate new income streams while enhancing the resident experience.
By leveraging tools such as interactive visual maps, multifamily operators can showcase virtual tours and pictures of their community and apartments, as well as real-time availability and all-in pricing of individual units—all from a single platform. This approach sets an industry standard for convenience, efficiency, and transparency.
Gone are the days of property tours solely in-person, and potential residents are more knowledgeable than ever with the information they can gather on their own about the specific locations and communities they’d enjoy living. Artificial intelligence (AI) has been a game-changer for the industry.
Grace Hill announced the appointment of Chris Fontan as Chief Technology Officer and Trey Tubbs as Vice President of Commercial Growth. These strategic hires reinforce Grace Hill’s commitment to driving cutting-edge SaaS technology and data-driven insights that enhance real estate performance and facilitate business growth.
We can all agree that both resident and employee satisfaction are important to maintaining the balance in happiness within a community. When leasing teams are overwhelmed, they can't provide those critical social interactions with residents. When residents don't feel a connection with the community, they are less likely…
As a rental property owner, your first instinct is to use a hands-on approach. You want to manage all your assets with your very own teams. But as your portfolio grows, that ambition may become a bit less feasible. As such, many owners decide to outsource to third-party…
Zark announced a major expansion of its parking management solutions, adding Zark Rentable Items. This enhancement provides hourly, daily and monthly rental of amenities, parking and storage-related items, allowing owners and operators to realize new revenue opportunities from a more efficient rental process.