For perhaps the most accurate depiction of what to expect in the coming years, they can examine the student housing sector. These students represent the next wave of conventional renters, after all, so their unique preferences and behaviors should not be overlooked.
Although renewals are a vital component of the leasing lifecycle, operators have long approached them with a less-than-optimized process, one that relies heavily on overextended site teams performing a series of manual tasks, often without the sufficient time and energy to do so.
The prospect journey has morphed, contorted, and then changed even more over the past decade. It has shifted pronouncedly even when just considering the past few years. Odds are the journey will shift even further within another five years.
Applicants have several creative means to inflate their actual income—or understate it in some cases—in an attempt to beat the system and qualify for an apartment home. These fraudsters, naturally, are the most likely to default on a rental agreement and lead to costly, time-consuming evictions.
In the name of efficiency and improved customer and associate experiences, many operators are centralizing leasing and maintenance. Firms that have undertaken the centralization plunge detail how they’ve structured their operations, along with their successes and challenges.
LIVEbe Communities, a premier apartment developer and operator dedicated to delivering distinct apartment homes within connected communities, today announced a series of diversity, equity and inclusion efforts designed to craft a more welcoming and creative workplace environment.
LIVEbe Communities, a premier apartment developer and operator, today announced the unveiling of its first ever “BEkind” month, in which team members and residents at the company’s four communities engage in a series of kind-and-wellness-infused initiatives throughout February.
LIVEbe Communities, a premier apartment developer and operator dedicated to delivering distinct apartment homes within connected communities, today announced that all four LIVEbe-managed apartment communities have been recognized with 2022 SatisFacts Resident Satisfaction Awards.
It is no secret that engaged employees fuel company success. Yet according to a recent poll from Gallup, employee engagement across industries has declined in recent years after about a decade of gradual improvement. Opportunities for growth and development were heavily desired by respondents.
When technology is deployed in the multifamily industry, it often pertains to streamlining nuances of the leasing journey. Tech is also utilized to automate repetitive tasks, such as sending timely reminders to prospects and prepopulating forms for which information is already available.