package theft

The top storylines in multifamily this week are the benefits of assistance animals in a community, approaching technology, combatting package theft, disappearing parking minimums, simplifying centralization, proptech roundup, San Jose waives building fees and rent growth may affect interest rate cuts.

The multifamily housing industry faces a growing challenge during peak leasing season — package theft. As more residents move into communities and online shopping continues to surge, the volume of packages has also attracted opportunistic thieves.

Multifamily communities experience a surge in activity during the peak leasing season. This chaos can also lead to higher incidences of package theft. In 2023, approximately 119 million packages valued at $8 billion were stolen from residences, with 32% of these thefts occurring in apartment settings.