THOUGHT LEADERSHIP
Report Pinpoints Need for Pet-Inclusive Rental Housing
by Arlene Mayfield
Pet ownership has become a defining factor in rental housing decisions, but many renters face significant barriers despite the growing number of communities advertising themselves as pet-friendly. New research highlights a gap between allowing pets and truly accommodating them, with breed and size restrictions, pet fees and limited housing options creating challenges for residents. Many renters report difficulty finding suitable housing and are forced to make difficult choices when moving.
Read the article in The Multifamily Journal
Sports-Anchored Multifamily Gains Momentum
by Aly J. Yale
Sports-anchored development is gaining momentum as teams and developers create residential communities integrated with stadium districts. These projects combine housing, entertainment and dining while leveraging partnerships to build unique experiences. Baseball leads the trend, but other sports are increasingly embracing mixed-use developments.
New Bridges for Affordable Housing’s Financing Gap
by Mikayla Sciortino
Affordable housing developers are facing growing challenges as weakened tax credit equity markets create financing gaps, complicating project funding. Realizing that success increasingly relies on creative strategies, stakeholders are turning to state and local subsidies, a variety of housing models and project types, and alternative financing tools.
INDUSTRY NEWS
Quarterra Welcomes First Residents to ARCA in Las Vegas
by Doug Pike
Quarterra’s luxury ARCA apartments in Las Vegas have welcomed first residents, bringing 356 units to the growing Spring Valley area. Designed to blend resort-style living with convenient access to employment centers, entertainment and outdoor recreation, it features extensive amenities, smart-home tech and sustainable design. The community’s desert-inspired architecture and landscaped gathering spaces reflect a focus on creating a tranquil environment.
Read the article in The Multifamily Journal
Chicago’s Sweeping Rental Overhaul Has CRE Skeptical
by Ryan Wangman
A proposed overhaul of Chicago’s rental housing rules is drawing strong opposition from multifamily owners and operators, who argue the measures could discourage investment and worsen the city’s declining housing affordability. Intended to expand resident protection, critics say the added costs and regulations could exacerbate Chicago’s housing issues.
Renters Remain Cautious, But Demand Holds Steady
by Keith Loria
Multifamily demand remained steady through the spring leasing season, even as inflation and economic uncertainty made renters more cautious about housing decisions. Prospects are spending more time comparing options, taking additional tours and prioritizing affordability. In response, owners are placing greater emphasis on retention and operational efficiency.
MULTIFAMILY TECHNOLOGY
PetScreening, Yardi Partner to Transform Pet Policy Management
by Kristine Champion
A new technology integration aims to streamline pet policy management across multifamily communities by connecting pet screening, compliance and resident data within a single workflow. The partnership is designed to reduce administrative burdens, improve policy enforcement and provide property teams with greater visibility into pet-related information. The solution helps operators manage pets, assistance animals and risk assessments more efficiently.
Read the article in The Multifamily Journal
SmartRent Launches Industry-First Smart Thermostat Function
by Doug Pike
SmartRent has introduced an industry-first smart thermostat feature designed to automatically protect apartments from extreme temperatures that can lead to costly property damage. The technology monitors indoor conditions and adjusts climate settings when temperatures reach critical thresholds, helping prevent issues such as frozen pipes and excessive heat exposure.
Congratulations, You Hit the Target. It Just Moved Again.
by Bobbie Dusek
Many professionals are finding that accomplishments no longer deliver the sense of satisfaction they once did. While technology is reducing the workloads for many in some areas, the benefits are overshadowed by constantly shifting benchmarks, creating a cycle where success feels temporary and recognition is quickly replaced by new demands.