More than ever, the rental housing industry understands the value of data-driven decisions. The industry has done a commendable job of collecting the data—particularly in the past few years—but still must make headway in quantifying it and converting it to actionable business intelligence (BI).
The top multifamily storylines this week include: how pandemic adjustments are reshaping the industry, how to create a synergistic company culture, remembering non-pet owners when crafting policies, how boredom in the burbs may help downtown rebound, property managers on the road to getting vaccinated, and why Facebook Pixel is something to care about for marketers.
Like any industry, residential building operators saw their entire work lives change in a matter of weeks at the onset of the pandemic. There were obstacles aplenty. Managers had to adjust to working with smaller property management teams—or in some cases, with teams almost exclusively offsite.
This week’s top multifamily stories: overlooked pain points of work from home for apartment residents, the year of innovation for multifamily, supplier partners with operations backgrounds, the pending decline of apartment construction in 2021, and why multifamily investors are targeting smaller metros.
The multifamily industry used to be lampooned as being way behind the curve when it came to technology. But in recent years, it’s been exciting to see apartment owners and operators embrace new technologies. Operators are implementing solutions that enhance the resident experience and improve operations.
The stories of the week: hidden budget items that put you in the red, helping associates grow before they quit, secure package management and resident satisfaction, CRE’s stimulus wish, recession-resilient Class B multifamily and apartment home size increases in pandemic.
This week’s top storylines: printers are becoming a hot amenity, mixed results from NMHC quarterly market survey, smart home making life easier for operators and residents, investors 1031 exchanging in Sun Belt, the possible economic boom in 2021, and the uptick in home ownership that is not worrisome to apartment investors.
Among this week’s top multifamily headlines: the evolution of multifamily performance metrics, developer pivots in 2021, saying goodbye to pet size restrictions, the growing single-family rental land bubble, suburban strength in 2021, and construction material price rebound.
This week’s top multifamily headlines: rethinking breed restrictions, the pending bounce back of urban apartments, the habits of the most effective leasing associates, the top concerns of operators, Amazon’s $2B commitment to affordable housing, and design trends that will flourish in 2020.
Top multifamily storylines to kick off the New Year: small resident services that have a big impact on apartment communities, true integration of technology vs. data transfer, how innovation is becoming an even bigger differentiator, Radco VP’s push for more women in CRE finance, 2020 trends that will last the test of time, cybersecurity on the front lines of multifamily.