Industry Insider
A weekly newsletter of noteworthy articles pertaining to our industry.
Dirty Jobs: Training the Next Generation of Maintenance Techs
By Doug Pike | August, 2023 | Updated September, 2023
Like many industries, rental housing is struggling to find, train and retain maintenance team members. Proactive organizations are tapping into a diminishing supply of skilled workers through training, apprenticeships, outreach programs and outside-of-the box strategies.
During the 2023…
Smart Doorbells – Worth the Risk?
By Peter Stockburger | August, 2023 | Updated September, 2023
Smart doorbells are becoming ubiquitous throughout society, including in multifamily housing communities. Residents and property owners alike are now using smart and internet-connected doorbells to enhance security, increase visibility and add a layer of technology and flexibility to the living…
NRP Group Expands West
July, 2023 | Updated August, 2023
The NRP Group is expanding operations westward. The multifamily developer, builder and manager also announced new hires to oversee developments in Phoenix and Las Vegas.
“Our leadership spends a great deal of time considering expansion strategies with a focus on the fundamentals like supply/demand…
Year-Over-Year Rent Growth Declines
July, 2023 | Updated July, 2023
Year-over-year (YoY) rent growth in the U.S. is negative for the first time since the beginning of the pandemic. The August 2023 Apartment List National Rent Report shows rent growth is down 0.7% YoY despite the month-to-month increase of 0.3% during July. This is partly due to “sluggish demand and…
White House Announces More Blueprint Actions
By Nicole Upano | July, 2023 | Updated July, 2023
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
July, 2023 | Updated July, 2023
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
July, 2023 | Updated July, 2023
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 | July, 2023 | Updated July, 2023
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 | July, 2023 | Updated July, 2023
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
July, 2023 | Updated July, 2023
“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…