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.
Higher construction and labor costs continue to challenge the housing industry, prompting newer strategies to build multifamily and student housing communities within budget and on schedule. Since the apartment boom launched a few years ago, developers and builders have battled a lack in skilled labor. In the last couple of years, materials prices – namely[…]
Student housing design centers around social, educational experiences Far away from yesterday’s frat house lifestyle, student housing settings are designed to enhance not only the social but also the educational experiences on college campuses. The blueprints for living and communal spaces in towering habitats emphasize individual and collaborative learning to supplement the higher education experience.[…]
Multifamily housing employees want more training. At least that’s what a recent Pew Research Center survey about the American workforce and changing job market suggests. The U.S. employment landscape has morphed from hands-on tools to fingers on keyboards. Over the last 35 years, workers are rethinking the skills they have and what they will need[…]
Multifamily communities with spacious surface parking lots may be sitting on a gold mine if the new transportation revolution shifts into high gear as some expect. The combination of ride-handling and autonomous cars that is taking transportation by storm suggests that fewer vehicles will need urban and suburban parking spaces in the near future, analysts[…]
The impact of stolen money order rent payments can be devastating for both owners and residents. Here are six ways to effectively secure rent drop boxes and mitigate these financial losses.
What if there were a better way to rally property management teams around educational initiatives that’ll improve engagement? The right learning management system software can revolutionize your training strategy. Before you invest, the best learning management systems out there for multifamily professionals should include, at the very least, the following seven features: 1. Complete Content[…]
Is Fire Safety Important in Senior Living Community Management? Older Americans are a strong demographic in multifamily and senior living growth, but those 65 and older are particularly fragile when it comes to fire risk. With the holiday season upon us, properties that specialize in senior housing or have a large base of older renters may[…]
Meet Lorelai Gilmore. Proprietor of the Dragonfly Inn. Entrepreneur. Single Mother. Fictional Character. The role of the effervescent hotel manager was created by Amy Sherman-Palladino and portrayed by Lauren Graham. Behind that fast-talking façade, stands a manager of a respected housing establishment with a passion for people. In the show, Lorelai lives in the small,[…]
Senior Living communities host events to cultivate intergenerational friendships Seniors and children, two groups that typically interact infrequently, have much to be learned from one another. Research has proven that the health of seniors improves when they spend time with children. According to a study from University of California San Francisco, isolated elders had a 59 percent[…]
The city built by J.R. offered some good ole Lone Star hospitality for the Urban Land Institute Fall Meeting in October, but it’s no coincidence that Dallas/Fort Worth and Austin got some top billing. The cities capped the Top 10 list of markets for real estate development and investment at ULI’s 38th edition of the[…]
Earnings matter. This is as true in energy, industrials and consumer staples as it is in real estate...
Congratulations! You have a fantastic product. Newsflash! Your competitor has a fantastic product, t...
Multifamily owners will sometimes find themselves non-compliant because of a misinterpretation of th...
An automated vending machine generating $2,500 in weekly revenue is most likely not selling just can...
When it officially stamps hoarding as a disorder in May, the American Psychiatric Association will c...
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