The eyes of a prospective renter walking into the apartment at Acacia Pointe are immediately focused on living area. Plenty of light streams into the room, where neutral tones soften walls bordered by wide crown molding. A comfy couch and long ottoman look and relaxing, the back door opens to a balcony that promises fresh[…]
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[…]
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[…]
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[…]
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[…]
Any assisted living property manager knows that accessibility noncompliance with the Americans with Disabilities Act is an issue. Residents who require mobility assistance or have a disability must be able to access the community just as any able-bodied person. Installation of ramps, grab bars and handicap parking places may signify that the property is compliant.[…]
More personal information about consumers is ‘freely’ available to view or purchase online today than ever before. It doesn’t take a rocket scientist to know that with the abundance of data available nowadays, the incidence of fraud increases. Now more than ever, property management companies need to protect its data and one way to do[…]
The RealPage Student Team is attending InterFace Student Housing Conference in Austin this week, where top industry players are gathering for market insights and trends, continued education and networking. Taylor Gunn, Director of Student Housing at RealPage, delivered an enlightening presentation on the Student Market in the recent webcast, “Student Housing Q1 Market Update.” Gunn spoke about[…]
As stewards of the multifamily housing industry, we each have visions for the apartment of the future. Some may see it as a techno-eccentric unit, a place in a world unto itself that stimulates the imagination and promotes self-indulgence in urban playgrounds. Others could argue it supports sophistication, lifestyle and basic essentials and redefines the[…]
Just a mention of amenities at a senior living property on a website is not always enough to engage prospective residents. With more than one family member often making a move-in decision, skimming the surface won’t do. As consumers’ specific needs increase for using online resources for everything from buying food to finding a place[…]
A Paul Rhodes education session is always a good way to spend part of the day at a multifamily conference, especially after lunch when the eyes get heavy. His sermon-like presentations always grab everybody’s attention. There’s bound to be a hallelujah or two. His session on how to turn maintenance into renewals in multifamily didn’t[…]
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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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