THOUGHT LEADERSHIP
Creating a Robust Company Culture
by Dawn Coggins
Creating a robust company culture in the multifamily industry involves more than catchy slogans. A thriving culture is unmistakable and leads to higher productivity and lower turnover. It requires genuinely caring about employees by providing transparency, open communication and work-life balance. By implementing these strategies and adding unique touches, multifamily owners and operators can create a positive culture that resonates, contributing to company success and employee satisfaction.
Read the article in The Multifamily Journal
Dog Days: Multifamily Firm Creates Pet-Friendly Utopia
by Dennis Harrington
A multifamily company is revolutionizing pet-friendly living by creating a utopia for furry companions. Recognizing the growing trend of pet ownership, they’ve transformed their properties into havens for animals. Features include 18,000-square-foot covered dog parks with nightly automated cleaning, grooming stations and pet-specific events.
Lessons Learned From Work From Home
by Bendix Anderson
The work-from-home trend has become a long-term reality in multifamily communities. Over half of renters work remotely at least part-time, prompting properties to adapt amenities and design. Key changes include enhancing internet connectivity, redesigning common areas for work use, offering flexible floor plans and improving soundproofing.
MULTIFAMILY TECHNOLOGY
From Units to Ecosystems: The Power of Community-Wide WiFi
by Jeff Kok
Community-wide WiFi is transforming apartments into digital ecosystems, enhancing residents’ personal and professional lives. Managed WiFi providers offer crucial elements for this transformation — high-speed access, scalability, ongoing support and seamless connectivity. This foundation enables smart home features and interconnected devices, streamlining operations and attracting long-term residents. By providing end-to-end access, communities create living experiences that add convenience and value.
Read the article in The Multifamily Journal
What Will Be the Biggest Trends of 2025?
by Jessica Fiur
Multifamily housing trends for 2025 include increased transactions, tech integration for operational efficiency and a focus on wellness programs. Smart buildings, predictive maintenance and data-driven decision-making are becoming standard. The MHN Executive Council looks at the biggest industry trends expected in 2025.
Making Sure Renters Can Rely on Property Reviews
by Jen Tindle
Property reviews are crucial for renters, but their authenticity is often questioned due to incentivized feedback. A sentiment analysis revealed a significant disparity between public reviews and private surveys. To ensure reliability, property managers should avoid incentivized reviews and allow for organic feedback.
INDUSTRY NEWS
GlobeSt Influencers in Multifamily 2024
by GlobeSt.com Staff
GlobeSt’s Influencers in Multifamily 2024 recognizes key professionals shaping the multifamily industry in the face of challenges like slowed rent growth and increased supply. This recognition features developers, investors, brokers, innovators and teams introducing new concepts, as well as navigating this terrain admirably in difficult conditions.
Will Customers Leave RealPage in Light of Legal Action?
by Keith Loria
RealPage faces legal challenges from renters and the Department of Justice over its revenue management software, and some customers feel pressured to reconsider using the product due to potential risks. While many may stay, innovative firms see an opportunity to offer alternative solutions. The controversy has sparked discussions about transparency.
Loosening Mass. Building Code Could Spur New Units
by John Triplett
A study suggests that one Massachusetts building code is blocking developers from providing up to 130,000 new housing units — and it only involves stairs. Loosening of the code to allow six-story single-staircase buildings would enable development on smaller parcels. Current codes require buildings higher than three stories to have two staircases.