Vertical Integration

The top storylines in multifamily this week: vertical integration benefits, challenging the fee myth, study finds renters moving to larger apartments, workforce housing set to get a boost, development outlook on the mend and the necessity of high-speed Internet.

Having your own property management and construction divisions can bring higher workers’ compensation costs and subject you to more liability. But if an apartment owner is careful and deliberate in creating in-house property management and construction teams, its portfolio and its investors can benefit.