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.

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[]

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[]

apartment communities

The Age of Amenities: Adding Value to Apartment Communities

Apartment communities can benefit from upgrading basic amenities The conference circuit always is a good amenity entertainment. Association gatherings like the recent NAA Education conference can pique the interest of attendees with the flashy new apartment trends, some of them just simply over the top. But not everyone commands tiled parking spaces or a deluge[]

Making the Most of Social Media

Making the Most of Social Media in Multifamily

Most property management companies are leveraging social media—but are they doing it the smart way? You’d be hard pressed to find a property management company without a social media presence today. From Facebook and Twitter to LinkedIn, Instagram, Snapchat and many channels in between, the multifamily industry is starting to do something more to connect[]

senior living communities

Senior Living Communities and Technology

Shelley Yager, VP of Senior Enterprise Sales for RealPage, recently spoke with Senior Housing Forum about technology in senior living communities. According to Shelley, senior living communities are about 10 years behind other housing industries (student, multifamily) when it comes to using technology. Ten years! In the world of technology, that’s an eternity. But Shelley[]

artificial intelligence

How Artificial Intelligence is Impacting Multifamily

Artificial intelligence is here, but how does multifamily cope with it? Artificial intelligence is on everybody’s mind, it seems. And if billionaire investor Warren Buffett is concerned, shouldn’t we all be? At Berkshire Hathaway’s annual shareholders meeting, Buffett said the technology could be “enormously disruptive.” AI could result in significant employment loss, he added, but[]

multifamily

Seven Tips to Help Multifamily Residents Have a Successful Move

Peak leasing season brings a flurry of activity at multifamily communities across the nation each year. Just as quick as property managers fill vacancies, residents make a dash to move their belongings in (or out). Typically, weekends are prime time for moving and the process can draw out over a couple of days, even into[]

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