Property Management

Property management involves the processes, systems and manpower required to manage the life cycle of rental housing properties, including acquisition, control, accountability, responsibility, maintenance, utilization and disposition. There are many facets to this industry and profession and PMI covers them all.

fire prevention
 

Homeowners Play an Important Role in Wildland Fire Prevention

As civilization sprawls further into woodland habitats, the threat of fire rises—and fire prevention plays a significant role for homeowners. In nature, fire plays a central role in managing wilderness health, clearing out brush and ground cover that would otherwise choke essential forest trees. The burned debris it leaves behind enriches the soil. It stimulates the[]

apartment market intelligence
 

Introducing RealPage Data Analytics: A One-Stop-Shop for Apartment Market Intelligence

Multifamily housing now is getting closer to fully embracing the holy grail of apartment market intelligence data. And the timing couldn’t be better. As the apartment industry rapidly adjusts to the changing landscape of the current cycle, RealPage Data Analytics will soon provide a singular source for critical market information. The new platform blends key[]

 

Aging Construction, Maintenance Demographic Calls for Extra Care, Safety

Workers who build apartments and other construction aren’t getting any younger. Neither are those who maintain them. In an industry hard-hit in recent years by labor shortages, the median age of men and women who hammer, saw and build roads has crept to 41, according to an assessment by the National Association of Home Builders[]

 

NAA and RealPage Release the 2017 Market Momentum Q2 Report

The hottest markets for investing, rent performance and resident retention have been announced in the National Apartment Association’s Market Momentum Report, produced in partnership with RealPage. The Market Momentum Report is a survey of industry decision-makers about business plans, expectations and trends in the apartment housing industry. “Market Momentum provides our members with useful and[]

 

Apartment Design Trends from The Home Depot

Insights from The Home Depot on designing today’s apartments for the younger generation A new set of trends, likes and dislikes accompany every generation that comes along. Today’s older apartment residents cut their teeth on goldenrod and avocado appliances, then graduated to granite countertops and tile floors. Those preferences seemed light years away from the[]

property maintenance
 

Why Hiring a 5-Star Property Maintenance Team is Critical in Multifamily

Anticipation hung in the air as Pinnacle Senior Vice President Raymond Van Beveren waited for the “interview.” The standing room only crowd, uncharacteristic for a property maintenance-oriented session at a multifamily conference, stifled a few giggles as the applicant, a broad-shouldered man, sauntered to the stage. “I’m here, I’m here!” he said as the crowd[]

apartment renovations
 

How Apartment Renovations Can Improve ROI

Rehab market has changed, but opportunities for creating good ROI through apartment renovations still exist As rents become more competitive and apartment inventory approaches its peak this year, the case for rehabilitating older properties in some markets may be strengthening. Done right, a modest upgrade of a 20- or 30-year-old multifamily community can offer renters[]

 

Millennials Staying at Home: How Multigenerational Living Impacts Multifamily

Talk of younger generations moving into their first homes always gets an ear in the multifamily industry. But many 25- and 35-year-old Millennials are likely to stay at home longer than previous generations or move back into the family nest. A recent Pew Research Center survey notes that 15 percent of these Millennials are living[]

 

Residents and Managers Sound Off at RealWorld 2017

RealWorld is fast becoming the place where multifamily industry leaders and residents get face to face. For the second straight year, RealWorld 2017, a leading property management conference set for July 16-18 in Las Vegas, will host an educational session featuring un-staged interaction between apartment residents from the greater Las Vegas area and multifamily panelists.[]

aging-in-place
 

The Rise of Aging-in-Place Amenities in Multifamily

Some of the most effective amenities in multifamily could be hiding behind the scenes, seemingly lost from eyesight in the unit. Lighting in the just the right spot, a well-disguised grab bar and the slight widening of doorways may seem unimpressive but they add up with the 55-and-over crowd looking for convenience. While apartment designers[]

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