We live in the age of technology and change, where our cars park themselves and talk of the colonization of Mars has become commonplace. So, while nearly every industry has undergone an unprecedented facelift thanks to the disruptors of Silicon Valley, it’s surprising that our financial system has remain relatively unchanged for centuries. Yes, we…
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Recently apartment operators have begun to embrace smart home solutions – and for obvious reasons. The consumer world is driving multifamily more than ever before. Today’s residents have grown up with technology at the core of their existence, use it in every aspect of their lives and now expect a truly modern living experience –…
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Goodbye, 2020! See you never. I know we’re all eager to drop this year like a failed sourdough starter. But if you look back (you might have to squint a little) there were actually some positive trends for multifamily that came about.
Have you ever taken a prospective resident on a tour of your property, only to get back to the office and have them tell you, “I need to think about it..”? Ugh! I know how frustrating this can be, I mean, you showed them exactly what they said they wanted AND they told you they…
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Some leading apartment operators are earning $1 million annually by renting idle common areas for hours or a day. Expect to see your peers’ idle common area spaces, well-appointed clubhouses and stunning rooftop views in TV commercials as well as influencers’ TikToks, Instagram posts and on YouTube. The sheer number of content producers is exploding,…
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If you visit Porsche’s factory in Zuffenhausen, Germany, the first thing you notice is … well … it’s tiny! Like smaller than a satellite parking lot at Ford! And when you learn that they make more than 55,000 cars per year at that factory, it’s easy to ask, “How?” I am sure there are many…
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COVID-19 has impacted the U.S. economy in unprecedented ways. While it is impossible for any industry to be completely recession-proof, landlords can take steps to make their portfolios more recession-resilient. It is critical to be proactive during times like these, not reactive. Proptech can help obtain the right residents. Even before the pandemic, prospective…
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Refinancing Continues to Increase: Low Mortgage Rates During the week of October 23, the refinance percent of total applications rose to 66.7% after the share hit a low of 59.5% during the week of May 29. By: Michael Hyman Financing & Credit, Mortgage Financing
These slides were presented by Brandon Hardin at the virtual Commercial Real Estate Research Advisory Board on November 6, 2020 as part of the 2020 REALTORS® Conference & Expo.
These slides were presented by Lawrence Yun at the virtual Commercial Economic Issues & Trends Forum on November 6, 2020, as part of the 2020 REALTORS® Conference & Expo.
