All the multifamily news you need
Previous generations took a renter-by-necessity approach to their apartments, and they served mainly as a stepping stone to buying a house. Today's renters are more likely to sidestep that path and opt for a lifestyle that relieves them of the burdens of homeownership.
RF Investment Partners announced today the successful exit of Ally Waste Services. This exit marks the culmination of a transformational partnership that began in 2022 and reshaped Ally Waste from a small southwestern valet trash provider into a national managed waste platform.
Multifamily's top storylines this week are the improving leasing environment, fewer vendors doesn't mean fewer issues, rethinking pet-friendly, new hires for Quarterra and CAPREIT, 21st Century ROAD to Housing Act, SmartRent launches virtual intercom, amentiy copy and SEO and keeping aging buildings safe.
Nearly every operator uses resident surveys to collect feedback, track satisfaction, and compare property performance across communities. But somewhere along the way, the industry began treating surveys as scoreboards instead of what they were meant to be: operational improvement tools.
Multifamily's top storylines this week are pet-inclusive housing, sport-anchored communities, bridging the affordable housing financing gap, Quarterra's ARCA welcomes first residents, Chicago's rental overhaul, renter demand holds steady, PetScreening and Yardi partner to transform policy management, SmartRent's new smart thermostat climate function and tech's affect on job satisfaction.
Even properties that fashion themselves as “pet-friendly” often only fit that description on the surface. Savvy property owners, however, see an opportunity to bolster pet-friendliness and create a strategic advantage.
The all-in-one solution can be appealing. Fewer vendors, fewer contracts, fewer phone calls, and (ideally) fewer problems. Waste management, package management, pest control, and offsite storage; all those services with one number to call. The attraction is undeniable, the reality is never as good as the dream.
From cautious optimism to economic uncertainty, the spring leasing season has featured a variety of dynamics for the rental-housing industry. Tim Bruss, managing director of asset management for San Francisco-based Hamilton Zanze, recently took the time to gauge the pulse of the market.