All the multifamily news you need
The top storylines in multifamily this week are reducing towing, exploring alternative insurance, building codes and costs, community-wide WiFi, marketing channels, collecting resident data, the nuisance of cicadas, Damon Joshua joins Rent. as president and rent declines are decelerating.
Community-wide WiFi has quickly become a necessity for modern apartment communities. Whether it's to streamline the leasing and maintenance processes or to enhance the resident and associate experience, WiFi is a prerequisite for modern living standards.
The top storylines in multifamily this week are building a 21st century maintenance team, eliminating parking minimums, winning over NIMBYs, the future of apartment websites, management trends, renters are staying longer, Jen Tindle joins Grace Hill and only five markets were over 3% in rent growth.
When it comes to towing in multifamily communities, nobody wins — except the tow companies. For everyone else, there's zero upside. So, how do owners and operators change the game? By fixing parking and managing expectations, and ultimately improving the resident experience and net operating income.
The top storylines in multifamily this week are package delivery and theft, choosing a building name, compliance and live-in aides, the "social" of ESG, top ORM musts, how to approach SEO, office conversions rise in NYC, 33 million properties threatened by hurricanes and investment decline in multifamily.
Multifamily communities experience a surge in activity during the peak leasing season. This chaos can also lead to higher incidences of package theft. In 2023, approximately 119 million packages valued at $8 billion were stolen from residences, with 32% of these thefts occurring in apartment settings.
The top storylines in multifamily this week are going paperless, helping independent rental owners, challenging assumptions about operations, EVs and convenience, humanizing content, HUD warning about AI, Connexus's new president and COO, Buckingham's new EVP and squatters legislation.
The top storylines in multifamily this week are maintenance at pet-friendly communities, what today's residents want, flex rentals boosting cash flow, connectivity, mapping technology, digital retrofitting, Stevie Awards, Apartmentalize and a hard landing for the economy becomes more real.