MULTIFAMILY TECHNOLOGY
PredictAP Secures U.S. Patent for AI-Powered Invoice Coding
by Andrew Ruhland
PredictAP, an AI-driven invoice coding solution for real estate accounts payable, has received a U.S. patent for its innovative automation technology. By analyzing historical invoice data with machine learning, PredictAP improves accuracy and efficiency in invoice processing, decreasing manual workloads and related costs. The company’s client base includes over 70 real estate organizations, including Bridge Investment Group, Garden Homes and Related Group.
Read the article in The Multifamily Journal
MHN Executive Council: Best Website Features
by Jessica Fiur
The MHN Executive Council offers key insights on website features for multifamily marketing, including intuitive platforms, highlighting of design skills, resources such as FAQs and detailed blog posts for guiding real estate investors. These approaches boost user engagement and showcase a company’s expertise most effectively.
Phygital Horizons: Spatial Computing Meets Real Estate
by L.D. Salmanson
Spatial computing technologies like augmented reality (AR) and virtual reality (VR) are changing the real estate sector by blending the physical and digital worlds. This “phygital” approach boosts property marketing and management. These tools enhance customer engagement, streamline operations and provide valuable insights.
THOUGHT LEADERSHIP
Diversify Your Approach to Stay Ahead in Multifamily Marketing
by Kevin Juhász
In today’s multifamily marketing, staying competitive requires diversification. Technology streamlines operations and enhances policy and property management. Management software eliminates repetitive tasks, reduces errors and boosts resident satisfaction. By embracing technology and fostering communication, property managers can enhance efficiency, increase resident satisfaction and ensure long-term success in a competitive market.
Read the article in Rental Housing Journal
The Road to ‘Housing Hell’ Is Paved With Good Intentions
by Sharon Wilson Géno
While lawmakers are eager to address the housing crisis, some well-intentioned housing policies can inadvertently increase development expenses, exacerbating the affordability challenges. Excessive regulations and complex approval processes can hinder construction, leading to supply shortages and increased rents.
Multifamily 2025: Q&A with Kurt Houtkooper
by NAA Staff
Kurt Houtkooper, CEO of Hamilton Zanze, shares his perspective on the multifamily housing market for 2025. He discusses his outlook on rent growth, occupancy rates and investment sales for the upcoming year. He also emphasizes the importance of adapting to market conditions and focusing on long-term value creation
INDUSTRY NEWS
Multifamily Owners Start to Regain Pricing Power
by Erik Sherman
According to Zillow’s February 2025 Rental Market Report, multifamily owners are regaining pricing power, as the typical US asking rent rose to $1,980—a 0.4% increase from January and a 3.5% year-over-year rise. This marks the first time since June 2024 that multifamily rent growth has surpassed that of single-family rentals. Despite increased supply in certain regions, strong demand from new renters continues to exert upward pressure on rents.
Fed Holds Rates Flat As Tariffs, Uncertainty Make Their Mark
by Matt Wasielewski
The Federal Reserve will keep the federal funds rate at 4.25% to 4.5% due to economic uncertainty and inflation concerns from new tariffs. Fed Chair Jerome Powell indicated that this cautious policy is suitable given current uncertainties. The central bank gave a revised outlook, forecasting higher inflation and a possible rise in unemployment.
NMHC: Insurance Costs Continue to Strain Housing
by Christine Serlin
The National Multifamily Housing Council (NMHC) reports that rising insurance costs heavily affect rental housing providers and worsen the affordability crisis. Although property insurance rates stabilized in 2024 after 27 quarters of growth, liability insurance faces challenges from increasing litigation costs and a diminishing coverage pool.