4 Areas to Focus on to Better Understand Financial Budget Variances

Being able to manage the leasing, residents and staff are critical functions of a good property manager, but often I hear from regional managers and other leaders in the multifamily housing industry that managers are good at running properties, but don’t fully understand how to read a financial statement. Understanding financial budget variances in property[]

Efficiency by Design: Cost-Saving Apartment Concepts

A few years ago, building efficiencies were not top of the list for clients who sought new designs for multifamily dwellings. However, that has changed. The need to lower building costs by trimming the apartment fat is more pronounced at a time when renter demand has soared. In the past, multifamily projects with long corridors[]

Renters Insurance

5 Ways to Help Residents Calculate Renters Insurance Coverage

Property managers have probably heard over and over the reasons why residents or applicants don’t want renters insurance. “Renters insurance is too expensive,” “My stuff isn’t worth that much anyway,” and “The apartment is already insured, right?” These are some of the common misconceptions, according to the National Association of Insurance Commissioners (NAIC). While including[]

apartment market

Baby Boomers Can Make an Impact in Multifamily

Millennials are grabbing all the front page multifamily headlines, but the industry should look inside a little deeper at a demographic that is already making news and plans to stay in the limelight for the next several years. So says one well-respected apartment market official. Baby Boomers are the new hipsters in rental housing, says[]

Aging Construction, Maintenance Demographic Calls for Extra Care, Safety

Workers who build apartments and other construction aren’t getting any younger. Neither are those who maintain them. In an industry hard-hit in recent years by labor shortages, the median age of men and women who hammer, saw and build roads has crept to 41, according to an assessment by the National Association of Home Builders[]

New from MPF Research: Market Momentum Survey, Apartment Construction Trends, Cincinnati Rent Growth

MPF Research provides actionable apartment market research to apartment investors and operators. Here’s the latest from RealPage’s multifamily intelligence division. Miami earns top investment rating in Market Momentum survey Miami/South Florida ranks #1 among the top markets for increasing multifamily investment appeal, according to respondents of the latest Market Momentum research produced by the National Apartment Association[]

apartment market research

New from MPF Research: Top Metros for Demand, Permits and Jobs

MPF Research provides actionable market research to apartment investors and operators. Here’s the latest from RealPage’s multifamily intelligence division. Top 15 metros for apartment demand in 2Q National absorption rose to near-record levels in 2nd quarter 2017, easily outpacing completions. A similar story played out in most major metros, which saw strong demand due to[]

Making the Most of Social Media

Making the Most of Social Media

Most property management companies are leveraging social media…but are they doing it the smart way? You’d be hard pressed to find a property management company without a social media presence today. From Facebook and Twitter to LinkedIn, Instagram, Snapchat and many channels in between, the multifamily industry is starting to do something more to connect[]

Four Ways to Use Social Media at Conferences

Social media has become one of the best ways to gain visibility in front of the audiences that matter. It has also shaped into a tool that helps professionals build and establish their personal brands online. You know the benefits, especially the social media benefits for your business. But where do you start? How do you join the party,[]

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