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Residents now consider high-tech amenities a significant factor in their leasing decisions. This isn't a trend. Technology that operates seamlessly and enhances the renter experience is a core expectation for renters. This presents an extraordinary opportunity to create communities that residents love and generate substantial returns.
Multifamily's top storylines this week are Mill Creek breaks ground on Amavi Thornton, executive hiring forecast, renter's market losing steam, the laundry room revolution, skills needed for multifamily career, purposeful amenities, AI marketing mistakes, what is success in digital marketing and coworking spaces replacing business centers.
The integration of automation into workhorse amenities is a necessity to provide a modern living experience for residents, improve operational efficiency and build a thriving portfolio. While it helps to provide trendy amenities to residents, ensuring workhorse amenities are humming, providing residents the consistency and service that matters…
Amenities are not used enough and resources are not allocated properly can hurt budgets. Some amenities can be completely empty during busy hours, and maintenance costs are often higher than what is justified by usage. These problems can grow from small issues to bigger ones that harm the…
As residents increasingly blend remote work with home life, multifamily owners and operators are reimagining their approaches to meet evolving lifestyle demands. Communities are now offering coworking lounges and private workspaces, allowing residents to shift seamlessly between work and relaxation.
As amenity fees gain scrutiny, renters increasingly seek choice in how they pay for services. Multifamily communities should allow residents to select amenities that suit their lifestyles. Technology can enhance personalization and streamline operations, enabling residents to lease spaces like parking and storage through user-friendly apps.
Zark, a groundbreaking service that optimizes parking availability at multifamily communities and provides residents with easy access to leasing garages, storage spaces and amenities through Rentable Items, announced the successful completion of its Series A funding round led by Baleon Capital.
Unauthorized vehicle and resident complaints can erode trust rapidly. When residents see others flouting parking rules, their frustration builds, not just towards the offenders but also towards the onsite team. Maintaining consistent parking enforcement is not just about being punitive; it's about resident happiness.