Industry Insider
A weekly newsletter of noteworthy articles pertaining to our industry.
Record Rent Decline in November
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Rents declined for the third straight month in November. According to the December 2022 Apartment List National Rent Report, the national index dropped 1% during November, which is also the highest monthly decline on record, dating back to 2017.Rent growth to date in 2022 is up 4.7%, which is…
Airbnb Launches Apartment Listing Service
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Airbnb is in the apartment listing service business with its new offering: Airbnb-friendly apartments. The company announced more than 175 Airbnb-friendly apartment buildings are available to search in more than 25 U.S. markets.The Wall Street Journal reports 12 companies are part of the new…
The Changing Rules of Operational Efficiency
By Doug Pike | | Updated
After years lagging other service industries in terms of technology adoption, multifamily is rapidly approaching tech saturation. Property teams are now inundated with processes and technology designed to create efficiencies. Now, operators are ushering in a new phase in operational efficiency –…
Haven Realty, JP Morgan Announce $1B BTR Joint Venture
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Haven Realty Capital, a privately held real estate investment and operating firm focused on single-family developments, and the real estate investment platform of J.P. Morgan announced a $1 billion build-to-rent (BTR) joint venture with $415 million in equity.“The for-sale housing market has been…
What’s All This Talk About Revenue Management and Antitrust Violations?
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Recently, the courts, the Department of Justice (DOJ) and federal policymakers have taken an interest in the rental housing industry’s use of revenue management tools. Considering this increased scrutiny of the industry, it is important to understand how antitrust laws come into play. …
6 Easy Resident Event Ideas for Your Multifamily Community This Holiday Season
By Ashley Tyndall | | Updated
The holidays are a great time to take advantage of all an apartment community has to offer! From decorating the common areas to hosting holiday-themed events, there are plenty of ways to get residents in the spirit of the season.“Resident experience” is the hot topic in the multifamily industry…
5 Ways to Improve Apartment Marketing Strategy
By Ashley Tyndall | | Updated
The internet has revolutionized how apartments are marketed, moving beyond print ads and word-of-mouth referrals to an ability to reach a global audience with the click of a button. However, this revolution doesn’t mean that online apartment marketing is easy; in fact, it can be quite challenging…
Apartment Conversions Pick Up Steam
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Office to apartment conversions have led the way for adaptive reuse projects during the past two years. According to a recent report from RentCafe, the adaptive reuse of office buildings is at an all-time high with 11,000 apartment conversions in two years—77,100 apartments total are currently…
2023 Multifamily Loan Purchase Caps Announced
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The Federal Housing Finance Agency (FHFA) announced 2023 multifamily loan purchase caps for Fannie Mae and Freddie Mac. The combined total for the Enterprises is $150 billion—$75 billion each.The limit is a $3 billion decrease from the $78 billion caps in 2022, which FHFA called an “anticipated…
Integrated or Point Solutions? Get Married or Play the Field?
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The rental housing industry is embracing technology more than it ever has before. But, as panelists in the “Integrated or Point Solutions? Get Married or Play the Field?” session at Apartmentalize 2022 noted, navigating the technological landscape can be a complicated and even exhausting…