NMHC OpTech 2018: Getting to the BI Metrics that Matter

A treat each year at the National Multifamily Housing Council’s OpTech Conference & Exposition is unveiling or examining apartment industry trends. Every other year, the NMHC/Kingsley Resident Preferences Report forces a few subtle realities of what residents really want. Last November, the report drew oohs and aahs from those who filled the Islander Ballroom at[]

multifamily data

How to Get Multifamily Data in Rural Locations

Urban hot spots have traditionally served as primary platforms for steady supply. Today, outer growth is paralleling metro momentum with striking dependability. With rural population on the rise, multifamily data collection methods are evolving to reach the most remote of companies. Rural Multifamily Data Collection In contrast to densely populated areas where research is accompanied[]

State of Student Housing: Study Rooms Among Amenities Driving Strong Growth

Expect the flames fueling a razor-hot student housing market to maintain through the end of the year and into next year. Executives at the National Multifamily Housing Council’s Student Housing Conference and Exposition in New Orleans in September said this year’s record-setting market shouldn’t cool much, even if the federal government finally pushes through a[]

New on #AptChat: Challenges in Student Housing Today

We’ve begun monitoring the weekly Twitter-based discussions on #AptChat in order to consolidate and summarize for you the often wise tips property managers contribute about running properties more effectively. Student Housing Today: Challenges and Opportunities The theme of this week’s chat was “Student Housing Today: Challenges and Opportunities,” chosen because the 2016 NMHC Student Housing[]

mpf-research

New from MPF Research: Suburbs Beat Metros in Multifamily Performance

In recent years, it’s been assumed that urban cores are better bets than suburbs for ROI in multifamily development. But new multifamily insights from MPF Research has debunked this “urban myth.” In fact, adjusted for risk, the “right” suburbs are generating the highest returns regardless of the hold periods. Factors Driving Multifamily Development To reach this conclusion,[]

multifamily-spend-management-software

How to Boost Your Bottom Line When Revenue is Booming

The apartment market is going strong. U.S. apartment occupancy is up to 96.2% and annual rent growth is averaging between 4% to 5%. Your property management company is probably doing well. In fact, very well. But if you could save $50 annually per unit on a 200-unit property, you could be doing even better—without adding[]

multifamily-budgeting

5 Multifamily Budgeting Myths Debunked

“Budgets were originally designed as control mechanisms. As such, they are traps …” ― Stephen Bungay, “The Art of Action: How Leaders Close the Gaps between Plans, Actions and Results” Budgets are effective tools if implemented correctly. Understandably, they are large undertakings and require a lot of time and planning. The challenge is that good[]

apartment market

Latest RealPage Apartment Market Data Reports Occupancy at 16-Year High

Big pricing increases in middle-market properties keep average rent growth above 4 percent. Updates from America’s #1 source of multifamily research data, MPF Research. Typical rents for new residents rose another 1.5 percent during the third quarter. The price increase posted over the past year registers at 4.1 percent. Monthly rents for new-resident leases now[]

Keeping Student Housing Safe: Fire Prevention Tips

Combat increases in student housing, apartment fires with these 15 safety tips With school back in session and the holidays around the corner, student housing and multifamily housing properties are particularly vulnerable to losses caused by fire. Losses caused by fire damage in apartment structures since 2009 are on the rise. In the last six years,[]

multifamily

New On #AptChat: Outreach Marketing for Multifamily in a Digital World

Each week, some of the best and brightest in multifamily join the Twitter-based discussions on #AptChat. We’ve consolidated and summarized some of the top tips shared by industry leaders to help you manage properties more effectively. The theme in one recent chat was “Outreach Marketing in a Digital World.” Here’s how the conversation went: “What are your biggest challenges[]

companion-animals

Clearing the Air On Companion Animals: What Property Managers Should Know

Know the rules when residents seek accommodation for emotional support or companion animals While the multifamily housing industry has become pet friendly, some furry friends are catching the ire of property managers. Residents who attempt to bring their pets on property under the guise of them being companion animals are leaving some apartment operators fearing[]

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