Industry Insider
A weekly newsletter of noteworthy articles pertaining to our industry.
Tech Solutions Are the New Amenities
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After a global pandemic, the rise of remote work, ballooning home prices and a cost-of-living crisis, many people can no longer afford to buy a home. Others have come to value the flexibility that comes with not being tied to one place long term. The fact is that renters have fundamentally…
Weidner Apartment Homes Donates $1M to UW-Stout
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Weidner Apartment Homes recently donated $1.05 million to support the University of Wisconsin-Stout Real Estate Property Management Program (REPM). Of that, $500,000 will be used for 20 $5,000 scholarships during the next five years for students who declare REPM as their major."Our long-term…
Shelters to Shutters Rebrands as Entryway
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Shelters to Shutters is now Entryway. The rebranding of the nonprofit organization, which provides the rental housing industry with pre-screened and trained talent, took place in early June."The rebranding to Entryway signifies the evolution of our organization moving beyond job placements and…
Envolve Resident Lunch Program Visits Sun Belt Communities
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Envolve LLC continued its Resident Lunch Program during the first quarter of 2023. The initiative started in 2020 and made stops in Texas and Memphis, Tenn.“It’s another concrete way for us to demonstrate our company tagline of ‘Making Communities Better Together,’” said Jeff Ezekiel, President, in…
5 Ways Managed Wi-Fi Drives Value for Multifamily Properties
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Internet connectivity is essential for everyone, yet of the more than 30% of U.S. residents who live in apartments and multifamily units, 50% report experiencing network issues, according to Parks Associates. In addition, lining up the service with local broadband providers can be cumbersome,…
BTR Construction Hits Record, More Homes on the Way
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A new report from RentCafe highlights the expanding build-to-rent (BTR) sector. There were more than 14,500 new BTR homes completed in 2022, which is a 47% increase from 2021. And there are nearly 45,000 BTR homes under construction.There were more than 9,900 BTR completions in 2021, roughly 7,500…
Monthly Rent Growth Continues
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Monthly rent growth continues at a slower pace heading into the summer months. The June 2023 Apartment List National Rent Report witnessed a 0.5% climb during the month of May.Year-over-year (YoY) growth at 0.9% is also at its slowest pace since March 2021, and it’s well off the 2.8% average YoY…
Renting More Affordable Than Owning in Much of U.S.
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Of the 50 most populous U.S. metros, it’s cheaper to rent in 46 than to purchase a home. According to Redfin, Detroit, Philadelphia, Cleveland and Houston were the only metros where it was more affordable to buy a home than to rent.
Homes in Detroit were 24% less expensive than renting,…
Apartmentalize Preview: Cultivating a New Employee Experience
By Kevin Juhasz | | Updated
One of the biggest issues facing multifamily, as well as numerous other industries, has different phases and different names. There’s been “The Great Resignation.” We’ve also heard plenty about “Quiet Quitting.” While they may make for great headlines, these labels take away from the complexity and…
Apartmentalize Preview: Managed Wi-Fi, Bulk Wi-Fi and Connectivity Infrastructure
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Wi-Fi access is a requirement for today’s renters, and multifamily operators have an obligation to supply or facilitate reliable wireless service for their communities. During the Apartmentalize 2023 session, “Ask the Experts: Managed Wi-Fi, Bulk Wi-Fi and Connectivity Infrastructure,” presenters…