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.
The Perils of “If It Ain’t Broke, Don’t Fix It”
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?
The Advantages of Being Hardware Agnostic
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.
Industry Trends Report |Week of March 13
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.
The Three Cs of App Tech
Today’s prospective renter experience barely resembles the traditional model deployed in recent decades. It is now fully mobile and self-sufficient, and empowers renters with more control over the process from Day 1. So why does the post-move-in resident app experience often become so convoluted?
Industry Trends Report |Week of March 6
The top storylines in multifamily this week are finding a good BTR market, rethinking pet restrictions, hoarding solutions, curb appeal is changing, the 2023 spring leasing preview, ChatGPT and multifamily marketing, oversupply won’t last, the math of renting over buying and the affordability crisis.
Industry Trends Report |Week of February 27
The top storylines in multifamily this week are pets, training and retention, flexible living, the “E” in ESG, the role of multifamily marketers, the brave new world for leasing consultants, developers sour on the Sunbelt, background checks and a record number of people are looking to move.
Emphasizing the “E” in ESG
As climate change and other environmental challenges continue to take center stage, more and more apartment operators are talking about Environmental, Social and Governance (ESG) factors and how to create more comprehensive ESG practices within their organizations.
Industry Trends Report |Week of February 20
The top storylines in multifamily this week are application fraud, strengths-based culture, property marketing, tech implementation, proptech, tech stress, affordable housing, little distress for multifamily in 2023 and multifamily development outpaces single-family.
The Impact of Speedy Technology Implementation
Tech solutions meant to ease the day-to-day operations of a community and enhance the resident experience need to not only be effective and easy to use, but they should also be implemented in a speedy fashion and seamlessly integrated.