Although each facet of ESG is vital to keeping society on the right path, sustainability in rental housing is becoming increasingly prevalent. Operators and investors are tapping into various products and services that encourage an environmentally-conscience community.
It doesn’t matter whether the intentions of the pet owner are pure or deceitful. Accurately evaluating reasonable accommodation requests for assistance animals is paramount for various reasons. Most notably, it can be a liability risk if an illegitimate assistance animal causes damage or injury.
Imagine how an apartment resident would respond if their community suddenly suspended its traditional morning coffee service at their leasing office. Lisa Tully-Tavian, CMO at Sentral, said for residents who chose not to renew, halting the free coffee was on the list.
The top storylines in multifamily this week are tenant satisfaction and renewal rates, electrical issues, proactive leasing, the customer experience, income verification, centralized leasing, the constitutionality of rent stabilization, apartment maintenance expenses and Montana blocks rent control.
Mill Creek Residential today announced it has broken ground on Amavi Kissimmee, a master-planned community in central Florida. Situated just south of Orlando in unincorporated Osceola County, Amavi Kissimmee represents Mill Creek’s first single-family build-to-rent community within the state.
Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced the move-ins are underway at Modera Clarendon, a luxury apartment community located in metropolitan Washington, D.C.
Rent. announced the launch of Rent. Lease360°, a 360-degree, turn-key offering designed for low occupancy and new lease-up situations. The solution is a comprehensive way for modern multifamily marketers to build integrated, omnichannel marketing for properties.
Airbnb’s legacy of market disruption has moved from privately owned homes into multifamily buildings as the legal lines of leasing continue to be stretched into new configurations. In November 2022, Airbnb announced the launch of Airbnb-friendly apartments.
Grace Hill has expanded the Commercial Kingsley Excellence Awards, adding an Elite 5 and 100% Club to their awards line-up. These awards will recognize the efforts of commercial real estate owners and operators who excel in the area of tenant satisfaction.Â
Regardless of what type of commercial real estate you manage, improvements to tenant satisfaction are central to a healthy bottom line. There is quantifiable evidence of a direct correlation between the contentment of tenants and renewal rates, and higher gross and effective rents.