Centralization is a trending operational strategy in multifamily, and a movement that likely won’t ever be retracted. The advent of new property technologies in recent years has equipped the industry to permanently migrate toward combating labor issues and rising operating costs. However, centralization efforts are rarely uniform — especially in ma…
According to IBM, over 265 billion customer service requests are put in each year, costing around a trillion dollars to resolve. And with more and more consumers choosing to do business online, that number is only expected to grow. Fortunately, as much as 80% of these requests can be taken care of without a CS…
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Mortgage rates’s drop to 6.27% from last week’s 6.28% have created opportunities for many buyers by lowering the monthly payment for a home loan.
The 5% consumer price inflation in March is a steady improvement from 9% last summer, 8% in autumn, 7% during Christmas, and 6% in the early months of 2023.
When multifamily owner/operators identify property technologies they believe in, and which show well in pilot trials, they often like to deploy those universal solutions portfolio-wide. There is value in implementing solutions at scale, derived through uniformity and purchasing power. However, the practice of wide-scale deployment of one-size-fits-…
These are the questions successful apartment owners and operators never stop asking themselves: how can I maximize the appeal of my communities to today’s renters? What amenities and features give my portfolio the best chance of attracting reliable residents who will be good citizens and fulfill their lease obligations?Increasingly, multifamily com…
This assessment examines global market real estate opportunities in Connecticut, Massachusetts, Maine, New Hampshire, Rhode Island, and Vermont.
According to the U.S. Census, the share of families with children living in their homes under the age of 18 has continued to decline.
With inflation tilting towards deceleration – that is, still rising but at a slower rate – the mortgage rate can also tilt downward in the upcoming weeks.
As the economic climate remains uncertain, multifamily owners are looking for ways to reduce their operating costs and upgrade their properties. Even if the market begins to recover, recent downturns have made one thing abundantly clear: businesses must plan ahead if they want to survive long economic droughts. In order to fortify their assets and…
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