HOT & RELEVANT TOPICS Appealing to the Modern Renter’s Economic Mind Netflix KO’d Blockbuster with streaming services. Uber ousted yellow taxis with more transparent pricing before riders ever got in the vehicle. Does the multifamily industry translate the concept of “one-click experience” into its processes to similarly reshape the industry? Maybe not as rigorously as […]
HOT & RELEVANT TOPICS How to Deal with the New Age of Package Delivery Online shopping now accounts for 12% of all retail sales, which means an ever-increasing number of packages arrive each day at multifamily communities. Property managers must adapt to accommodate the influx. The ability to navigate issues including security, insurance, package clutter […]
HOT & RELEVANT TOPICS How One Company Used AI to Buy a $57M Apartment Fantastic commercial investment details can often be found in surprising places. That’s why some investors are partnering with AI technologists to help uncover some of them. Recently, an Atlanta investor partnered with an AI provider that vetted a $57 million, 396-home […]
HOT & RELEVANT TOPICS Peloton No Longer Peddling to Multifamily Peloton—makers of the trendy spin bikes which feature streamed live group workouts and real-time training with friends—recently announced that it is changing gears and will no longer sell to apartment communities. In September, Peloton issued a statement that it is focusing sales efforts on individual […]
HOT & RELEVANT TOPICS 10 Things About Drone Deliveries to Apartments Drone deliveries are no longer a whimsical concept for apartment communities. In fact, apartment communities could start seeing this happen as soon as 2020 as several logistical obstacles have been cleared and companies are starting to ramp up their air-based commercial delivery efforts. While […]
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.