CRE

Grace Hill announced the hiring of Jen Tindle as Vice President of Strategic Insights. She will play a pivotal role in driving customer-focused insights across all products of Grace Hill and other meaningful customer data, including market trends, consumer behavior and emerging opportunities.

The top storylines in multifamily this week are renters driving innovation, co-living and the affect on housing, tips for hiring the right people, pet technology, package management, bicycle amenities, the multifamily construction pipeline, distress in the CRE market and the revival of small multifamily homes.

The top storylines in multifamily this week are pet inclusiveness, optimizing your waste programs, location and apartment branding, AI and property management, urban tech, parking problems, the current state of CRE, fall maintenance checklist and slowing rent growth.

Data is a key component in the success of commercial real estate but data alone isn't enough. You need benchmarks to contextualize that data. Industry benchmarks provide a framework for evaluating performance against competitors, highlighting strengths and weaknesses and identifying trends.

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.

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.