Industry Insider
A weekly newsletter of noteworthy articles pertaining to our industry.
White House Announces More Blueprint Actions
By Nicole Upano | | Updated
Building off the White House Blueprint for a Renters Bill of Rights, the Biden-Harris Administration announced a series of new actions on July 27, 2023, aimed to protect renters by:
Ensuring all renters have an opportunity to address incorrect tenant screening reports;
Providing new funding to…
SCRHA Advocacy Prevents Worst-Case Scenarios in San Diego
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It has been said many times that it’s better to have a seat at the table than be on the menu. And in a recent effort by the San Diego City Council to adopt a new Tenant Protection Ordinance (TPO), the Southern California Rental Housing Association (SCRHA) through advocacy and collaboration,…
Rising Insurance Costs to Affect Sunshine State Housing Providers
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Florida’s apartment operators have seen skyrocketing insurance costs. Higher insurance costs put pressure on rents, limit capital expenditures and discourage new construction and acquisitions. However, there are meaningful steps operators can take to mitigate some of the premium increases they will…
The NAA ApartmentCast Tackles Rent Control
By Leah Cuffy | | Updated
Leah Cuffy, NAA’s Director of Advocacy Research, has joined The NAA ApartmentCast to discuss a perennial topic: Rent Control.
From December 2022 to February 2023, NAA commissioned ndp | analytics to conduct interviews with housing providers and developers from three different markets impacted by…
Going the Extra Mile
By Priyanka Agarwal | | Updated
Perhaps the most frequently discussed topic in rental housing is how to ace the resident experience to encourage renewals and referrals from residents. When a resident speaks positively about an apartment community within their circle, it can send the community potential leads. Achieving this…
NAA Releases Annual Mental Health Survey Results
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“Mental health is the workplace crisis of our time.” This statement from a notable C-suite executive appearing in a recent Wall Street Journal article has become the vision and mission of the National Apartment Association’s (NAA) Mental Health Subcommittee. Since 2021, the Subcommittee has worked…
Ahead of the Curve: Advertising Trends for Apartment Communities
By Ashley Tyndall | | Updated
As an apartment community, advertising is a critical part of an overall marketing strategy. With the constant evolution of digital marketing, it's crucial to stay up to date on the latest trends and technologies to ensure the target audience is effectively being reached. The following is…
HUD’s New Inspection Standards in Effect
By Ben Harrold | | Updated
As of July 1, 2023, public housing will be inspected by a new standard with others to soon follow.
The U.S. Department of Housing and Urban Development (HUD) is in the process of implementing its National Standards for the Physical Inspection of Real Estate (NSPIRE). This new set of standards is…
Apprenticeships: A Proven Solution for Developing Talent
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The rental housing industry will need 130,000 additional maintenance technicians just to service the projected 4.3 million new apartment homes that will come through the development pipeline over the next decade.However, recruiting efforts are lagging and property management companies are losing…
Rent Growth Cooling as Summer Begins
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For the first time in roughly a year, year-over-year rent growth is flat; however, month-to-month growth is up slightly. According to the July 2023 Apartment List National Rent Report, vacancy is at 7.2%, which is the same as the peak pandemic level during the summer of 2020—the trough was 4.1% in…