Why Online Rent Payments are Gaining Ground in Property Management

Millennials are dominating the rental market and using their size and influence to dictate digital and social trends. At more than 80 million strong, the generation is changing the multifamily housing industry from the nation’s largest portfolios to medium and small property management companies. Their desire to live, work and play online has inspired the[]

student housing

How RISE is Innovating the Student Housing Experience

It’s hard to believe, but after all these years of understanding and catering to Millennials, Student Housing leaders are now turning to consumers born at the turn of the twenty-first century. Many of those who were born after 2000—designated as Generation Z—are now walking the grounds of college campuses. With their entrance comes the need[]

employee training

Employee Training: Why It’s All About Not Forgetting

Every year, we spend 60 billion dollars on employee training. And every year, we throw 42 billion dollars away. That’s 70%. Why is that? Because employees forget 70% of what they learn within 24 hours of their training experience. The fact is that an employee’s learning curve has an equally powerful foe: the “forgetting curve.”[]

Why Property Budgeting Doesn’t Have to be Complicated

What’s it like to go through budgeting season at your property? Multifamily and commercial companies have made great strides in modernizing operations, marketing and accounting practices in the last 15 years, but most operators still prepare budgets today in the same way that they did decades ago. You don’t use your cellphone from the ‘90s.[]

multifamily

The Multifamily Industry’s Return to Normalcy Offers Opportunity

With tailwinds from a wild and wooly ride lingering in some markets, multifamily housing leaders are returning to some fundamental operational principles. Eyes are being retrained on the basics of expense and revenue management, people and portfolio performance now that the industry has taken a collective big breath. At March’s Crittenden Multifamily Conference in Dallas,[]

property management learning trends

4 Hot Learning Trends for Property Management Companies

Your staff is your #1 investment. Yet too many property management companies still consider staff as a somewhat static asset when in reality you can be constantly increasing their value through an organized and consistent learning program. The investment in learning is minuscule compared to the payoffs in expanding skillsets that improve your employees’ competence[]

multifamily

Are You Looking In The Right Places For Value?

For almost a decade, the multifamily industry has experienced unprecedented growth. Occupancies have been as high as ever while the Bull Run on rents continues to surprise even the most seasoned industry observers. Capital has followed this growth, with new supply arriving to absorb historic demand in most markets. The surge in both demand and[]

Property Website

Is Your Content Telling Your Story?

Take a look at your property website. Does it tell a story? Or does it leave visitors with a fading impression of “just another apartment complex”? Every year, apartment shoppers feel trapped into browsing through an endless parade of blasé exterior shots, brightly-colored slideshows and predictable amenities. After a while, diverse properties seem to blend[]

New from RealPage Analytics: Apartment Affordability, Student Housing Performance and Demand Drivers

New from RealPage Analytics: Apartment Affordability, Student Housing Performance and Demand Drivers

RealPage Analytics provides actionable apartment market research to apartment investors and operators. Here’s the latest from RealPage’s multifamily intelligence division. Affordability concerns overstated, lease transactions show Rental affordability has come under close scrutiny in recent years, as activists point to strong rent growth in the apartment market. But data exclusive to the market-rate apartment sector[]

How to Create Rustic Community Areas with an Old-School Amenity

How to Create Rustic Community Areas with an Old-School Amenity

The months leading up to spring and summer when the landscape hibernates afford time to employ an old-school amenity with rustic elegance that promotes outdoor gatherings around the fire pit, pool or grill area. Pergolas, also known as arbors, are time-tested wooden open-air structures that offer apartment residents a comfortable, outdoorsy place to congregate nearly[]

Job Costing Solution to Improve Multifamily Project Management design

A Job Costing Solution to Improve Multifamily Construction

Construction projects are increasingly costing more–but it’s not just a shortage of labor that’s driving costs up during one of the nation’s biggest construction booms. Creative apartment designs, rising material prices, regulatory issues, and interior vanity details are tacking on a superfluous price tag for market investors. Multifamily construction–whether it is unit renovations or ground-up[]

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