Property Management News

AI has been a hot topic, with programs emerging to create artwork, write novels, and so much more. While these features are innovative, there are specific ways that artificial intelligence can best serve multifamily. For years we have been saying that AI should exist to help leasing teams with mundane tasks. Here are some ways artificial intelligence can assist multifamily teams that may be overwhelmed and struggling to keep up with the demands of day-to-day tasks. Information Gathering and Sharing Artificial intelligence has been found to be most successful in helping prospects gather and share information about communities they are interested in. It can help them get baseline... Read more

Cities are finally starting to build more housing — but not for people with kids. Roughly 40 percent of American millennials have four-year college degrees, and if there’s one thing these highly educated young people have liked to do over the last 15 years, it’s move to big cities. Researchers find they (well, we) have accounted for more than half the population increase in “close-in” urban neighborhoods in the country’s largest metro areas since 2010, and they credit our migration (and our taxes) with accelerating urban revival. We don’t have to guess as to why: Millennials like diverse, walkable environments with good public transit and bike lanes. They like the rich... Read more