Guy Lyman

Author and Contributor

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Based in New Orleans, Guy Lyman is a professional writer with over 25 years’ experience writing about multifamily and commercial real estate. Lyman is a frequent contributor and writer for the Property Management Insider blog.

Fostering a Culture of Learning Pays Bottom-Line Benefits - employee training

Fostering a Culture of Learning Pays Bottom-Line Benefits

Many see employee training as a necessary evil – a boring to-do that interferes with “real” work and often ends up on a back burner, or at best is limited to checking the boxes of required courses completed. But the truth is that an engaging, effective employee training program of ongoing learning is vital to motivating,[]

AXIOStudent Delivers a Gold Mine of Data for Student Housing Operators

AXIOStudent Delivers a Gold Mine of Data for Student Housing Operators

A business that until recently has been driven by limited information and gut feel is rapidly giving way to deep, hard data. The extensive data AXIOStudent is now pumping out about student housing in markets nationwide is being pounced on by owners, investors, developers, lenders, operators and vendors in the student space, which has become[]

A Preoccupation with Occupancy Might Be Hurting Your Student Housing Profits

A Preoccupation with Occupancy Might Be Hurting Your Student Housing Profits

Student properties are in perpetual lease-ups. Maybe that’s why there’s a fixation on maximizing occupancy over every other objective: the pressure to keep beds full as students continually move in and out can seem like all that matters. Maximize profit in student housing The trouble is, even 100% occupancy isn’t such a great result if[]

RealPage Underwriting Analytics Delivers a Smarter Answer Faster-1

RealPage Underwriting Analytics Delivers a Smarter Answer Faster

The process of deciding whether to invest in properties hasn’t changed much in decades. Your internal analysts (or highly-paid outside consultants) gather and crunch numbers about property performance history, rent and sales comps, market forecasts, competition, seasonal exposure and more to make an informed decision. This can take weeks – time better spent looking at[]

Pricing Units Right in Student Housing with Revenue Management-1

Price Units Right in Student Housing with Revenue Management

Every time you buy a plane ticket, rent a car or book a hotel room, an algorithm somewhere calculates exactly what you should pay on that particular day, based on availability, class and amenities, competitor pricing, season, historical data and other criteria. The algorithm balances supply and demand by adjusting prices to help business managers[]

KMG Prestige Prioritizes Employee Learning at its Affordable Properties

KMG Prestige Prioritizes Employee Learning at its Affordable Properties

“The unemployment rate is dropping, and finding and retaining good people has become a really big deal to us,” says Samuel Brooks, VP of Technology and Innovation at KMG Prestige. With over 900 employees needed at hundreds of sites, it’s quite a challenge. The company suggests an investment opportunity that also serves as a solution:[]

Optimizing Your Student Housing Assets for Maximum ROI

Optimizing Student Housing Assets for Maximum ROI

You’re sitting on a student housing gold mine. But you might not even be aware of it. No, we’re not talking about your student properties themselves. We mean the data they’re spinning off day in and day out that can help you optimize asset and portfolio performance. Only in the past decade has this become possible,[]

4 Better (and Cheaper) Ways to Boost Senior Living Occupancy

4 Better (and Cheaper) Ways to Boost Senior Living Occupancy

Solid occupancy numbers often blind senior living property managers to a glaring problem: the cost of keeping those units full. Add up what you’re spending on third-party lead sources along with internal resources devoted to working leads and you’d probably be shocked at your cost per lease. The good news is that forward-thinking senior property managers[]

Fixing the “Forgetting Curve” in Multifamily Learning

RealPage Vice President of Learning Solutions Katie McCaslin recently has been circulating a shocking factoid: 70% of what employees learn in training is forgotten within just 24 hours. That’s like throwing away $42 billion of the $60 billion spent on employee training in the U.S. each year. And it gets worse: after only a week,[]

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