All the multifamily news you need
Just as frustrating as their consequences is the fact that these bans are based on the myth that certain breeds are inherently dangerous. That’s right: When you take the time to investigate the matter, you’ll see that breed bans are built on a foundation of sand.
The typical industry reaction to headwinds is to batten down the hatches, but inflation rates limit the efficacy of reductions. Cuts can trim budgets but also impair retention efforts. Operators are finding renewals, new revenue streams and NOI strategies better positions them to weather the storm.
The top storylines in multifamily this week are pet restrictions, outdoor amenity conversions, transit-oriented development, proptech challenges, selecting the right chatbot, variable-capacity tech for HVAC, construction report, housing affordability and criminal background checks.
The top storylines in multifamily this week are finding a good BTR market, rethinking pet restrictions, hoarding solutions, curb appeal is changing, the 2023 spring leasing preview, ChatGPT and multifamily marketing, oversupply won't last, the math of renting over buying and the affordability crisis.
The top storylines in multifamily this week are rethinking site operations, the importance of nationwide background checks, fire mitigation for multifamily communities, evergreen design, tougher financing conditions and the business benefits of easing pet restrictions.
Proponents for eliminating breed restrictions argue that pets should be evaluated on an individual basis rather than any preexisting characteristic. Fortunately, tech advances have made it easier to track past behavior of the pet and its owner, which can assist community teams in the evaluation process.
As apartment operators clamor to provide a happy and healthy living environment, the presence of pets at their communities should not be undervalued. 66% of pet-owning residents say that their pet has brought them closer to their neighbors.