All the multifamily news you need
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.
EVs are gaining traction, impacting how both public and private parking infrastructures approach EV charging solutions. However, another game-changer is the imminent arrival of autonomous driving capabilities. This revolution illustrates a future where convenience and privacy reign supreme.
Connexus, the nation’s leading procurement and request for proposal (RFP) platform in the real estate sector, announced today Heather Moore as President and Chief Operating Officer (COO), signifying a strategic move by the company to enhance its leadership team and position itself for continued growth.
Ensuring a consistent revenue stream is fundamental for every business, but the manner in which funds are collected is just as crucial. Rent collection stands as the cornerstone of operations for multifamily communities, yet, for many, it is still one of the most outdated processes.
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.
Grace Hill announced it won an impressive four 2024 Stevie American Business Awards, including two golds. The company was honored with two Gold Stevie Awards in customer education and marketing, a Silver Stevie in marketing and a Bronze Stevie in customer service.