Fostering a Culture of Learning Pays Bottom-Line Benefits - employee training

Fostering a Culture of Learning Pays Bottom-Line Benefits

Many see employee training as a necessary evil – a boring to-do that interferes with “real” work and often ends up on a back burner, or at best is limited to checking the boxes of required courses completed. But the truth is that an engaging, effective employee training program of ongoing learning is vital to motivating,[]

How Mobile Inspections are Revolutionizing Student Housing

Just as the frenzy over rush week mounts on college campuses, student housing operators move into high gear for a few weeks each year when apartments turnover. Spring and fall apartment turns happen fast, which means time is precious when moving one student out and another in before the semester starts. With an increased demand[]

Be Seen in Green: The Future of Drought-Tolerant Grass

Preservation of natural resources remains a big topic in multifamily, enough that discussions about reducing energy and utility use typically fill a session or two at education conferences. Not long ago, an industry executive mentioned her company was being a good steward of the environment and eliminating lawns with concrete in the same breath as[]

Income and Rents: It Takes Money to Make Money

As apartment rents continue to trend higher, real estate economists are worried income growth isn’t keeping up. After all, an increase in rent means residents are forced to allocate a higher percentage of their income to housing if their paychecks don’t also increase proportionately. Investors, especially in Class B and C assets, are worried that[]

5 Pool Maintenance Tips to Help you Pass Inspection

The last thing most apartment residents may be thinking about now is jumping into a chilly swimming pool. But it’s time for property managers to get their pools and spas ready for the summer season.  At least once per year, properties should have all of their pools inspected to ensure compliance with the appropriate federal,[]

How Multifamily Properties can Save by Going Green

Going green can save some real bucks now for apartments, and more than just on energy bills Developers and investors will be able to cash in when financing multifamily properties that have a green building certification. In February, Fannie Mae announced that it will give discounts on interest rates if the buildings have an energy[]

Comedy in Multifamily: How Alderman Keeps Residents Laughing

The Comedy Cartel, a small corporation big on the aspirations of one funny guy, is touring multifamily properties and levying schtick in club rooms across the Southeast. Kevin Alderman remembers that first open mic night in 2007 at a tiny, smoky bar in Charlotte before a small, tough-looking crowd. He’d gone there to work up[]

Bring the Heat: The Comeback of Outdoor Amenities

Multifamily communities appear to be embracing the comeback of outdoor amenities, especially when it comes to creating a cozier feeling beyond apartment walls for entertaining or dining. Apartments are extending the resident living experience outside by building fireplaces and fire pits, as well as stylish, large grilling areas. The built-in features are designed to provide[]

The Benefits of Renting to Baby Boomers

An older generation of renters could be on the horizon for multifamily.  Are baby boomers the better investment? The last thing any apartment owner wants to see inside a unit is a Hangover sequel produced by irresponsible renters. Let’s face it, some people who rent don’t treat their homes like they would want to be[]

Apartment Supply and the Beer Game Principles

In the 1960s, a group of MIT professors developed an innovative way to teach students the key principles of supply chain management. They called their creation Beer Game. The objective of the game is to meet customer demand while minimizing supplies on hand and total costs. But there is a lag effect from the time[]

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