If you don’t know who you are and why you exist as a company it can be difficult to consistently deliver a great customer experience. And when you understand what your customer’s need and want, your purpose should become very clear.
Mold is nothing to take lightly. It takes well-informed property owners and managers and thorough remediation to effectively minimize the impact of an outbreak if an apartment unit gets soaked.
The trend toward mandated energy usage benchmarking is gaining traction among U.S. cities. Mandated or not, benchmarking is an important tool property management companies can use when developing a plan to reduce utility expenses and energy consumption.
For the first time in two decades, all of Ohio’s big six apartment markets have occupancy rates at or above the U.S. average.
A build-it-and-they-will-come mentality along light rail systems in Texas is creating opportunities for multifamily developers to capture a younger generation of renter who’s more focused on short commutes. Dallas Area Rapid Transit is taking a proactive approach to work with developers as more urban centers are being created.
It’s been a couple quarters or so since we’ve shined the spotlight on the Las Vegas apartment market. Unfortunately, there’s still not much that’s good to say.
Last year, the Department of Housing and Urban Development received about 12,000 formal complaints alleging violations of the Fair Housing Act. While only a small portion went to court, the message from HUD is that property owners should be keenly aware of the law and the ramifications for violating it.
Austin still ranks among the nation’s leaders with year-over-year rent growth of 6.5%, but apartment fundamentals have eased back a bit in the past couple quarters.
Since its creation in 1968, the Fair Housing Act has had a meaningful impact on the apartment industry’s pursuit of providing homes for diverse populations. A couple of veteran apartment association executives reflect on the law’s impact over the years.
Since his arrival at Brothers Services, Lil Bro has nosed around at numerous apartment complexes searching for bed bugs.
Vacancies are few in Beantown, and rent growth is plentiful. After not recording year-over-year rent growth above 3% at any point from 2002 to 2010, Boston is now showing a hike of 8.1% — third-highest in the country.
