HOT & RELEVANT TOPICS Demand For Corporate Housing Continues to Rise Spurred by seasonal travelers, empty nesters, employees on out-of-town business and younger generations trying to put off buying that first home, corporate housing continues to become more popular. Corporate housing—fully furnished and fully serviced homes available for short-term rental—spiked 12 percent from 2014 to […]
HOT & RELEVANT TOPICS Lenders Won’t Cover Rising Construction Costs on Multifamily Projects Apartment developers have been forced to put more equity into their new properties. That’s because lenders are balking at covering the rising cost of construction in the loans, particularly as the current cycle matures.
HOT & RELEVANT TOPICS AI and Leasing Agents Go Hand-in-Hand Artificial intelligence continues to become a valuable tool in the leasing process, and recent efforts by MYND Property Management provide a snapshot as to why. A proprietary machine-learning algorithm developed in-house discovered several key tendencies of prospects, including that those who fill out an optional […]
The Midwest apartment market has enjoyed an impressive run over much of the past decade. And now, as we enter the final months of 2019, that run is set to continue. That’s the point driven home by JVM’s Jay Madary in his new guest column for RE Journals.
HOT & RELEVANT TOPICS Scooter-Sharing Revs Up at Chicago Apartments Just as the industry was finding ways to accommodate the ride-share revolution, a new wrinkle has been added: scooter-sharing. Ten scooter-sharing companies are participating in a four-month pilot program at Chicago-area apartments, and the results have been overwhelmingly positive. One community, The Field’s Lofts, ran […]
According to a recent guest column by JVM’s Jay Madary in Multi-Housing News, equity remains plentiful in today’s apartment market. However, three factors could impact the enthusiasm of equity investors for the multifamily industry over the rest of 2019 and beyond.
HOT & RELEVANT TOPICS The Best Security Practices For Multifamily EmployeesTen real estate and leasing professionals were murdered in 2017 according to the Bureau of Labor Statistics. Then in January, Salt Lake City realtor Dave Stokoe went to his apartment community to evict a pair of residents but never returned. He was later found in […]
Being a leasing agent is hard work. Not only do associates have to manage prospects and sign new residents, but they also have to keep current residents satisfied, oversee resident-retention efforts and perform the countless day-to-day tasks that keep a leasing office running. As a new article in Multifamily Executive shows, many operators are turning […]