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 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.
This week’s top multifamily news includes: work-from-home’s impact on resident needs, continued confidence in multifamily housing fundamentals, contactless package management, diversity and inclusion in multifamily, the year-end multifamily buying spree and workforce housing development.
Among the top storylines in multifamily housing this week: reevaluating the contactless community hype, reassessing data-sharing processes, the benefits of eliminating breed restrictions, middle-income housing opportunities, apartment investors mulling distressed mall opportunity and apartment values on the rebound.