The Near Future of the U.S. Apartment Market

The U.S. apartment market gained a bigger spark than most anticipated in the third quarter, a needed boost as the market approaches the seasonally slow year-end period. Annual rent growth of 3 percent for the quarter marked a shift from slowing price increases since the end of 2015. Strong leasing activity and tightening occupancy were[]

Engage Prospects with Immersive Content at Any Property

Engage Prospects with Immersive Content at Any Property

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[]

Amenity Valuation - Are You Getting It Right?

Amenity Valuation: Are You Getting It Right?

As an apartment operator, do you know what residents think amenities are worth? In this amenity crazed market, multifamily housing leaders need to understand what features like hardwood floors, appliances types – even a unit with a view of the swimming pool – mean to property performance and leasing. Factoring key influences and property amenity[]

Measure What You Manage in Multifamily with Energy Star

Measure What You Manage in Multifamily with Energy Star

Energy Star began identifying energy efficient computers and printers in 1995, and the rest is history. Today, it has rated thousands of apartment properties across the country through its Portfolio Manager benchmarking tool, most recently adding waste to its lineup. Most importantly, it’s fast becoming the catalyst for local legislatures to mandate benchmarking to drive[]

Green Roofs on Building Tops Trending

Green Roofs on Building Tops Trending

Green roofs—solar, garden and combination—are making their way across the country, with the latest ordinance now in effect in Denver, Colo. As owners and operators assess what such measures add to the cost of multifamily construction and retrofits, many wonder about the benefits, detriments and pay-offs of this latest regulatory trend. Green roofs are nothing[]

KMG Prestige Prioritizes Employee Learning at its Affordable Properties

KMG Prestige Prioritizes Employee Learning at its Affordable Properties

“The unemployment rate is dropping, and finding and retaining good people has become a really big deal to us,” says Samuel Brooks, VP of Technology and Innovation at KMG Prestige. With over 900 employees needed at hundreds of sites, it’s quite a challenge. The company suggests an investment opportunity that also serves as a solution:[]

Measuring Property Health by Leveraging MRCs and KPIs

Measuring Property Health by Leveraging MRCs and KPIs

Looks can be deceiving, whether from a prospective resident’s perspective while viewing a community for the first time or an accountant who is glancing at spreadsheets trying to understand the financial property health. A freshly painted exterior may suggest to a prospect that the apartments inside are clean and function flawlessly. To a financial analyst,[]

Optimizing Your Student Housing Assets for Maximum ROI

Optimizing Student Housing Assets for Maximum ROI

You’re sitting on a student housing gold mine. But you might not even be aware of it. No, we’re not talking about your student properties themselves. We mean the data they’re spinning off day in and day out that can help you optimize asset and portfolio performance. Only in the past decade has this become possible,[]

Minimize Utility Waste and Save Money with Managed Alerts [eBook]

Minimize Utility Waste and Save Money with Managed Alerts [eBook]

With the rising cost of utilities, saving every penny counts now more than ever. Monitoring your property’s utility bills month to month trying to pinch pennies and catch variations in utility bills can be both time consuming and ineffective. Even with the best intentions and careful attention to details, all too often looking at only[]

Smart Home Technology for Energy Efficiency

Smart Home Technology for Energy Efficiency

The Internet of Things (IoT) has taken the nation by storm. However, its value to an apartment operation is as varied as the nation’s rental product itself. While home chore automation and security have inspired a surge of innovation and enthusiasm, a more direct and obvious driver of cost recovery is already in place for[]

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