Industry Insider
A weekly newsletter of noteworthy articles pertaining to our industry.
Institutional Property Advisors Report Shows Construction Declines
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A new report from Institutional Property Advisors—Pullback in Multifamily Construction Starts— shows a second-quarter slowdown in building activity. According to the report, the downturn was expected with harder-to-find capital from banks of all sizes.
“As access to development capital across the…
Blue Roc Premier Grows Management Portfolio
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Lakeland, Fla.-based Blue Roc Premier Properties is growing its management portfolio with control of three communities totaling 1,020 apartment units. The three communities are in Jacksonville and Safety Harbor, Fla. The Park At Avellino and The Park At Via Veneto (pictured above) are in…
Location, Location, Location: Layering Visualization Over Centralized Data
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Location matters – it’s an amenity, after all. But it’s also an element that impacts different revenue opportunities and drives more strategic decision-making for operators, from asset and revenue managers to leasing teams. More apartment companies are leveraging data visualization to identify key…
Many Paths to Efficiency: How Are Operators Centralizing Services?
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Centralization is loosely defined as an effort to move away from property-based leasing in favor of placing teams in centralized locations where they can oversee many properties. Rather than reconstruct the entire property process, operators generally opt to centralize certain facets, such as the…
Mill Creek Residential Expands with Attainable Housing Brand
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Beckett by Mill Creek is open—the first community from Mill Creek Residential’s attainable housing apartment brand. According to a release, Beckett Cottingham in Houston is the first of three Houston-area Beckett communities planned for the next year before a nationwide rollout.
“[W]ith the…
Student Housing Developers Finding Ideal Locations, Enjoying Record Performance
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Student housing developers have graded well lately when it comes to performance, and many expect that trend to continue, especially in comparison to many other commercial real estate asset classes that are facing numerous headwinds.
According to Yardi Matrix, student housing has maintained a…
Revamping the Renewal Process
By Paul Willis | | Updated
Although renewals are a vital component of the leasing lifecycle, operators have long approached them with a less-than-optimized process, one that relies heavily on overextended site teams performing a series of manual tasks, often without the sufficient time and energy to do so. And with years of…
Investopedia Names CAM Best Overall Property Management Course for 2023
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Investopedia has named the Certified Apartment Manager (CAM) credential the best overall property management course for 2023. According to Investopedia, “The Certified Apartment Management Course by the National Apartment Association tops our list as the best overall property management course, not…
Addressing IRO Misconceptions
By Powered by IRO | | Updated
Rental housing plays a vital role in communities across the country, providing millions of individuals and families with safe and comfortable homes. Unfortunately, aspects of the apartment industry can be mischaracterized, leading to misconceptions about its business models and impact. The National…
Three Ways to Optimize Your Waste Program
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When it comes to waste management, today’s world isn’t making it an easy task to fulfill. From an increase in residents working from home and a majority of consumers making purchases online to ESG reporting requirements and mandates, many operators are rethinking the trash and recycling programs…