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New California Driver’s License Law Raises Fair Housing Issues for Landlords

A new California law allowing undocumented immigrants to get a driver’s license without presenting a birth certificate or Social Security card could have Fair Housing implications for landlords and property management companies.

April 18, 2014 by Tim Blackwell
Image of downtown Los Angeles - L.A. Apartment Market

Los Angeles Remains the Un-sexiest of the Sexy Six

The Los Angeles apartment market has yet to show consistently strong momentum since coming out of the recession. Is the City of Angels facing a “new normal” below the typical revenue growth levels of the mid-2000s?

April 17, 2014 by Jay Parsons
Successful Service Recovery

Resident Retention Tips: 3 Steps to Successful Service Recovery

No matter how hard we try, there will always be mistakes that affect our residents. In order to right the wrong, we must jump into service recovery mode—especially if we want to be successful property managers.

April 16, 2014 by Joanna Ellis
Austin Apartment Market Performance Q1 2014

Austin’s Apartment Market is Entering Uncharted Territory [Video]

For the first time in more than two decades, Austin’s apartment sector is expected to see big growth in both the local economy and in new apartment supply. Can Austin’s projected economic growth cushion the apartment sector from a 20-year peak in new development?

April 15, 2014 by Jay Parsons
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Look for Continuing Moderate Growth in Phoenix’s Apartment Market

The demand news for the Phoenix apartment market during the initial three months of 2014 was solid. However, the near-term outlook for the metro is only lukewarm.

April 14, 2014 by Greg Willett
Image of a Pit Bull Dog

Pit Bulls Find Shelter in Fair Housing Act Against Breed Restriction Laws

Trained service and companion animals – including pit bulls and other restricted breeds – fall under Fair Housing rules. Denying a resident either of these could ultimately lead to potential fair housing liability.

April 11, 2014 by Tim Blackwell
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Affordable Housing Community Cuts Energy Costs by 20% with Help of Fannie Mae’s Green Program

LINC Housing leveraged a green refinance program from Fannie Mae to transform one of their affordable apartment communities into a model for how multifamily portfolios can save on energy and utility costs.

April 10, 2014 by Tim Blackwell
Nashville Apartments Performance Highlights Q1 2014

Nashville Apartment Sector Remains on a Hot Streak, But Supply Wave Looms [Video]

The Nashville economy is generating consistently more jobs than it has at any point over the last decade. That, combined with the strong demographic trends, has helped sustain tight occupancy rates and impressive rent growth. But it’s also led to a huge spike in apartment construction, and the first wave will start hitting the market later this year.

April 9, 2014 by Jay Parsons
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The Top 6 Cities for Apartment Demand

For firms concentrating on big-time overall apartment demand potential, six apartment markets across the country stand head-and-shoulders above their counterparts in terms of current momentum.

April 8, 2014 by Greg Willett
Bay Area Apartment Markets Performance Q1 2014

Rent Growth Levels Re-Accelerate in the Bay Area

One theme seen in 1st quarter 2014 was the re-acceleration of rent growth levels in some of the nation’s hottest development markets, including California’s Bay Area. What does the improved momentum tell us about the market’s fate going forward as even more new supply is set to complete?

April 7, 2014 by Jay Parsons
Better Water Flow Control Saves Apartments Money

Better Water Flow Control Saves Apartment Communities More Dough

One of most powerful tools in any apartment community water conservation and utility expense management plan is an irrigation system equipped with flow meters and master valves.

April 4, 2014 by Chris Lee
Villa Torino Apartments in San Jose

Top 12 Apartment Markets for Rent Growth for Q1 2014

The top 12 apartment markets for rent growth during Q1 2014 saw pricing upturns in the existing stock even as construction volumes ramped up.

April 4, 2014 by Michael Cunningham