Property Management News

Multifamily Buildings Are Going Electric

In the future, new multifamily buildings might not be allowed to rely on gas-powered appliances. Why this is a good thing (and why your residents will thank you). I’m sort of an HGTV nut. I love watching couples debate different houses, make jokes about who will get to use the closet (“I’ll use it for all my shoes. But where will your stuff go? Haha.”) and argue whether they should expand their budget because obviously the third house that they look at is way over budget but totally perfect. My favorite shows, though, are when the couple already has a house, but it’s super dated, and contractors come and demolish the space and then designers add in walls, appliances and... Read more

Have you ever shown your cold, vacant, unfurnished rental unit to a prospective tenant who immediately said,” “I want to live here”? Not often, I would bet. But...

By now it’s no secret that being pet-friendly is crucial to attracting today’s renters. According to a recent study by apartment operator Cortland, 82% of...

New research suggests reductions in parking space requirements for apartment projects can lower development costs and rents and lessen environmental impacts. Parking...

As the multifamily space progresses through 2024, several critical economic factors are reshaping the landscape. These changes are minor irritations and seismic...

Jeff Bezos Is Funding a Real Estate Startup...

Your next landlord could be a bunch of random people backed by Jeff Bezos’ money. A Jeff Bezos-backed real estate investing startup is launching a new fund to make it even easier for everyday Americans to speculate on the rental homes of other everyday Americans.  Arrived, which first launched in 2021, snatches up single-family homes and turns them into rental properties that anyone can invest in for as little as $100. Until now, Arrived customers could only purchase shares of individual homes and receive dividends from the rental profits, effectively creating a distributed network of landlords.  Now, the company plans to allow customers to easily invest in a broad... Read more

In the world of apartment leasing, the art of communication is paramount. One of the most effective tools in our arsenal? Open-ended questions. Why are they so...

The program was initially set to expire by the end of this year, but positive survey data and an impact analysis has led to its extension Fannie Mae announced on...

Understanding Subletting Subleasing an apartment can be a beneficial arrangement for both landlords and tenants. It occurs when a tenant rents out their apartment to...

The Future of Multifamily Real Estate Multifamily real estate is constantly evolving to adapt to the changing social environment, technological advancements, and...