Industry Insider
A weekly newsletter of noteworthy articles pertaining to our industry.
J.H.W. Enterprises Celebrates Anniversary with Community Day Service Project
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J.H.W. Enterprises Property Management, Inc. celebrated its fifth anniversary in style and by giving back to Charleston, S.C., community. To celebrate five years of innovation and success, the company held a Community Day service project and a Harlem Jazz Night Gala in late March.Charleston…
Second Straight Month of Rent Growth
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Rent growth has continued into the second quarter of 2023. The April 2023 Apartment List National Rent Report shows the national rent index increased by 0.5% during March, marking the second consecutive month of increases.Year-over-year rent growth is at its lowest point since April 2021 at 2.6%.…
Why Your Apartment Website Isn’t Ranking Higher on Google
By Ashley Tyndall | | Updated
Are you frustrated because your multifamily website doesn't appear on page one of search results when you search for your apartment community's name? You're not alone.Search engine optimization (SEO) is one of the most important aspects of any multifamily website, but it can be hard to understand…
Banking Failures Impacting Rental Housing
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Startups and technology companies aren’t the only ones feeling the pain of the recent banking failures in the U.S. The rental housing industry has felt the ripple effect from the collapse of Silicon Valley Bank (SVB).“SVB had $1.3 billion in investments in affordable-housing projects in 2022,…
Multifamily Permits Outpacing Single-Family
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New analysis of Census Bureau data from Apartment List shows building permits are not evenly distributed between single-family and multifamily construction. Total permits slipped from 1.74 million in 2021 to 1.65 million in 2022, but building permits last year were higher than any level from 2007…
Once a Lead, Always a Lead:
By Andrew Ruhland | | Updated
Service providers in any industry know the secret to repeat business is rooted in how they treat their customers. Regardless of the product or service, customers expect a top-tier experience throughout their entire purchasing cycle, from the initial search to post-purchase and all the interactions…
Clear the Air with Smoke-free Apartments
By James Campbell | | Updated
Tobacco has deep roots in U.S. history, and entered a widespread cultural trend in the 1950s and 1960s. The National Apartment Association’s latest webinar, “Clear the Air on Smoke-free Apartments,” presented on March 7, provided a brief background of smoking since that time and how smoking can…
HUD Releases Best Practices as White House Cracks Down on Junk Fees
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The U.S. Department of Housing and Urban Development (HUD) is releasing best practices related to application fees and leasing costs. In the open letter, Secretary Marcia Fudge urged housing providers and companies that provide leasing services to adopt policies that promote fairness and…
Transit-Oriented Affordable Housing Breaks Ground Near Los Angeles
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More than 700 attainable and affordable rental housing units are coming north of Los Angeles. Calabasas, Calif.-based real estate firm Alliant Strategic Development (ASD) broke ground on four transit-oriented multifamily communities that will add 727 attainable and affordable rental housing units…
Hoarding Disorder: Situations and Solutions for Property Managers
By James Campbell | | Updated
Hoarding disorder is protected under the Fair Housing Act, so property managers must approach each situation differently, while keeping residents’ safety top of mind. The National Apartment Association (NAA) presented the webinar “Hoarding Disorder: Situations and Solutions for Property Managers.”…