Revenue Management: Proven in Any Market Cycle [eBook]

The U.S. apartment market continues to chug, but in moderation compared to much of its nine-year run. Some markets have softened, sparking some give and take in operational strategies. When markets soften, the focus naturally turns from rent growth to maintaining occupancy, which often leads to concessions for new leases and at the sacrifice of[]

An End to Windows 7: How to Keep the Lights On with Outsourced IT Services

The clock is ticking for Windows 7. In less than a year, Microsoft will stop supporting and providing security updates for one of its most popular operating systems, affecting millions of PCs in businesses and homes across the globe. The discontinuation on Jan. 14, 2020 will mark the first Windows software to go back up[]

RealWorld 2019: Taking the Pain Out of Leasing and Resident Services

Buying a car used to be like pulling teeth. Same as renting an apartment for the resident and property manager. Not too long ago, you had to pack a lunch (or dinner) when visiting the dealership to buy a new car because the buying experience was long and painful. Credit approvals and paperwork dragged out[]

How the Affordable Housing Industry Managed the Government Shutdown Together

January’s government shutdown found the Affordable housing industry grappling for a lifeline. Next to the Environmental Protection Agency, the Department of Housing and Urban Development was the most affected by the longest government shutdown in U.S. history. Contract renewals were put on hold and much needed monthly payments to those properties stopped. Properties with limited[]

A Unified Approach to Multifamily Property Operations

A good elevator pitch is said to be one that lasts no longer than the elevator ride of 20 or 30 seconds. The message must be tightly persuasive to spark interest or an action or the respondent may simply get bored with it. People generally lose focus after about eight seconds, one second shy of[]

How Data Analytics is Driving Multifamily Portfolio Outperformance

This year’s RealWorld conference will be packed with sessions illustrating how artificial intelligence, business intelligence, benchmarking, revenue management and other cutting-edge data-crunching technologies have become the secret weapons of asset managers chasing maximum multifamily portfolio performance. “These tools have come into their own and are delivering big impacts,” says RealPage’s Keith Dunkin.“What were once esoteric[]

The Convergence of Data and Digital Marketing in Multifamily

The evolving multifamily industry is changing the way marketers and operators are cultivating leads and meeting occupancy goals. Classic marketing strategies are no longer the most effective way to drive critical revenue management decisions. Instead, the focus has turned to data and digital marketing for making key decisions that maximize return on investment regardless of[]

The Importance of Multifamily Energy Benchmarking

Benchmarking utilities has become a way of life in multifamily. Not long ago, the EPA introduced its Portfolio Manager, a repository for a commercial property’s utility consumption data for benchmarking. By 2014, the arduous task of establishing an equitable energy efficiency scoring system for multifamily properties had arrived and the EPA invited portfolios to track[]

RealWorld 2019: Connect. Discover. Exceed.

The property management industry cannot sit still. It doesn’t have time, because the speed of business – even the pace of the world – just doesn’t conform to neutral. Along with analytical complexities, innovation and heightened consumer expectations are driving the advancement in the industry. On one front, information technology is racking up data at an[]

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