The industry’s second-quarter dip could lead to increased deal activity by year-end.For Dan Wurtzel, the lives of his residents were literally hanging in the balance. As President of FirstService Residential New York, which manages some 20,000…
With all the considerations related to the impacts of the COVID-19 pandemic on the rental housing industry, it may be difficult to focus on just one particular area. In fact, that fire alarm feeling of trying to address all the daily adjustments and…
The lasting impacts of COVID-19 on residents, owners and operators.When the first stay-at-home orders went into effect in the United States just as peak leasing season was kicking off this spring, apartment pros across the country worried that…
Student apartment building developers and managers plan for the fall semester.For years, purpose-built student apartment living has scored a high grade—or occupancy rate—for developers, owners and managers. Buildings constructed closer to campus…
How buildings will be constructed in the future remains a big question.Some experts predict that there won’t be dramatic changes in new student apartment building designs in the immediate future since it takes a minimum of three years for a building…
Greystar grows to more than 660,000 units under management.Greystar Real Estate Partners has acquired the property management business of Alliance Residential Company, which is the fourth largest apartment manager in the country.Alliance’s portfolio…
As we grapple with the nation’s fight against racial injustice, we are hurting—both as individuals and as a collective community. We recognize the fear, agony and outrage caused by George Floyd’s tragic murder and the systemic racism that far too…
The fund materially exceeded its target size of $800 million, with commitments coming from a broad range of domestic and international institutional investors.Bell Partners announced in June that it has completed the final close for Bell Apartment…
The economic fallout from COVID-19 is beginning to hamper rents and occupancy. Here are some strategies to reach new residents.Hire more specialists.Because marketing has become more complicated and specialized, RKW Residential is hiring more staff…
Recent surveys provide a picture of operators and residents coming together to make the best of a challenging situation and helping each other through tough times.Three surveys give new insights into the impacts of COVID-19 pandemic on apartment…