THOUGHT LEADERSHIP
The Crucial Role of Community Spaces
by Amber Hammond
A multifamily dweller’s sense of “home” doesn’t necessarily come from the unit they occupy. A positive living experience and a sense of community frequently come with the spaces shared by all the residents. Unfortunately, some community spaces are being sacrificed for package storage as online ordering shows little sign of slowing down.
Read the article in The Multifamily Journal
Resident Screening in Multifamily Housing
by Lauren Shelton
After the release of the Blueprint for a Renter’s Bill of Rights nearly a year ago, resident screening and fair housing are two of the biggest topics of multifamily. To avoid any missteps, it’s critical that property teams have a solid grasp of the Fair Housing Act and the Fair Credit Reporting Act.
Holiday Event Ideas to Treat Your Residents and Teams
by Priyanka Agarwal
‘Tis the season for a sense of community and showing appreciation for the hard work of your teams. A feeling of camaraderie is important for both residents and associates, and some simple gatherings or treats go a long way towards enhance the holidays and foster a sense of togetherness.
MULTIFAMILY TECHNOLOGY
Every Dollar Counts
by Andrew Ruhland
Technology has played a significant role in the evolution of multifamily budgeting, forecasting and reporting. Inadequate and out-of-date information can turn budgeting season into an absolute nightmare, hampering companies when trying to make decisions in changing market conditions. Tech has made it possible for some multifamily organizations to make sound financial choices and keep a competitive edge.
Read the article in NAA’s Industry Insider
The Key to Balancing AI and Human Interaction
by Jessica Fiur
Artificial intelligence can offer great assistance to multifamily, streamlining processes for marketing, leasing and other teams. But, it’s not a technology that anyone should lean on. Human interaction is still a critical tool for leasing, necessitating a balance between people and AI.
Read the article in Multi-Housing News
Making a Modern Impression: How to Wow the Gen Z Renter
by Jena Z. Czanowski
They’re the up-and-coming generation of renters and attracting them to your communities means understanding their language and how they function. Gen Z has grown up immersed in technology, so an advanced living space and tech-heavy marketing are priorities for multifamily.
Read the article in Multifamily Insiders
INDUSTRY NEWS
Rental Housing’s Key Trends Heading Into 2024
by Bob Pinnegar
The pipeline of new units will continue into 2024 and stabilize rents, but the increase in inventory might be short-lived as housing permits are showing a decline for the coming year. At the same time, homeownership is becoming less of a reality for many as interest rates and home prices remain high. Insurance and operational costs will also continue to be a challenge for the multifamily industry.
Multifamily Plays a Big Role in Taming Interest Rates
by Stacy Moncrieff
The multifamily industry makes up 34% of “headline inflation” and 43% of core inflation, making it a significant factor in how the Federal Reserve acts on interest rates. Once slowing rent growth appears in government data, economists believe this will spur the Fed to lower rates in March.
Read the article in Realtor
Clearing the Roadblocks to Affordability
by Wendy Broffman
The housing affordability crisis has never been about rising rents and has always been about supply. To make housing more affordable, federal, state and local officials need to remove the regulatory barriers to development. Only by providing space to build can the nation confront the crisis.
Read the article in YieldPro