High-Rise Apartments See Surge in Mid-Sized Cities
The multifamily industry is seeing a fundamental shift in terms of how mid-size cities look and feel by offering apartment-based lifestyles to a new generation of renters.
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.
The multifamily industry is seeing a fundamental shift in terms of how mid-size cities look and feel by offering apartment-based lifestyles to a new generation of renters.
When it comes to reasons for not renewing, many of them are based purely in basic comfort. If residents see that a property management companies are willing to invest in their apartment home, they’re more likely to renew their lease.
The best property management teams are empowered to deliver great customer experiences because they don’t let the rules get in the way of solving a resident’s problem or providing exceptional service.
With just a few modifications to existing fixtures and systems, implementing water conservation practices doesn’t have to be an involved process and will help apartment properties save money while reducing their environmental impact.
Camden Property Trust is experimenting with technology to reach potential applicants and efficiently identify top candidates without a lengthy, exhaustive search that may not produce the right candidate in the first round.
Winter months are rodents’ most active time for entering structures in search of warmth and a good meal. And the best defense for apartment communities against rodents is winter-proofing buildings to prevent them from entering in the first place.
As micro apartment units gain more attention from the multifamily industry as an option to solving affordable and urban housing issues, perhaps it’s time to examine the potential mental and physical health risks associated with living in a small space.
It’s important to remember that when choosing between organic or inorganic products there isn’t only one environmentally friendly way to maintain your apartment property’s landscape.
Baby Boomers will soon be reentering the rental market, looking to downsize from their sprawling suburban homes to cozier apartment units. Is the multifamily ready for this potential geographic (and demographic) shift from suburban living to city living?
What happens when you break a promise to your customer—and property management companies break promises with their residents and community partners? Here are five ways to respond to a broken brand promise.
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