Apartment residents, like people everywhere, are absolutely crazy about their pets. Although it may sound cliché, renters feel like their dogs and cats truly are members of their families. The bond between owner and pet is unmistakable.
This week’s top storylines in multifamily include: the continued growth of chatbots, reasons affordable housing will thrive, California Senate Bill 1157, Gen Z looking to buy, the multifamily opportunity in aging office parks and the increase in apartment price.
There are many benefits to multifamily communities being pet-friendly, including happier residents, an improved reputation and more homes available for pets that don’t have one. But the residual effects don’t stop there. Another major benefit is that it widens the pool of prospective residents.
Multifamily property teams know their communities better than anyone else. They know the grounds, amenities and property layout like the back of their hands, and their relationships with residents almost make them extended family.
Unlike nearly every other prod think of the early editions of cellphones or high-definition TVs—these AI-fueled bots can learn on the fly. Couple their learning ability with some fine-tuning efforts by their creators, and it should come as no surprise that chatbots are becoming a must-have in the industry.
Among the top storylines in multifamily this week: NMHC Annual Meeting proves to be a new beginning, the top considerations when selecting an access control system, the vast benefits of building a strengths-based multifamily organization, a report says multifamily and single-family rentals will continue to thrive, Boomers are retiring to more places than the Sun Belt and multifamily’s embrace of QR codes.
Property managers have a number of options when it comes to access control technology. But not every product fits every community, or every purpose. Operators need to consider the function and flexibility required for optimal access control, and to maintain the integrity of their property.
This week’s top multifamily headlines: building and developing the right teams, mitigating disaster with smart home tech, self-guided tour best practices, the FHFA’s extension of the eviction moratorium, property management labor issues persist and supporting the contactless community.
From parking to patios, storage to poolside seating, space is finite at multifamily properties. Because square footage is directly linked to revenue at apartment communities, it is critical to leverage each inch of real estate and maximize the return on investment (ROI).
As apartment operators slowly abandon antiquated pet policies in favor of forward-thinking procedures that reflect the preferences of the modern-day renter, pet owners and non-pet owners tend to agree on several issues that conventional wisdom suggests they’d typically be divided on.