The delta variant of the coronavirus threw the U.S. economy for a loop during the third quarter, but by early December, signs that the recovery was back on track were broad-based. Job growth for the year averaged 555,000 jobs per month through…
Partnerships and planning power technological transformation at large Brooklyn community.Make no mistake about it: Modernizing the technology and processes used to operate and manage Spring Creek Towers in Brooklyn was a massive undertaking. For…
The use of self-guided tours has exponentially increased, and operators are sharing the different ways they are utilizing them in the modern leasing environment. A mere two years ago, self-guided tours (SGTs) represented the future of the…
CPI, Latest Release, November 2021
The Consumer Price Index (CPI) rose 6.9% on a year-over-year basis, while prices excluding food and energy (core CPI) rose 5.0%, both measures at decades’ highs. Energy prices skyrocketed 33.3% year-over-year…
Video can be a marketer’s most powerful tool but using it effectively can be tricky.Video is one of the most powerful online rental housing marketing tools at the industry’s disposal today. In fact, according to a survey from Bitable, about 82% of…
What apartment owners and managers should expect from the public policy arena in the coming year.High occupancy rates, persistent lack of adequate supply and rising inflation in the form of rents are all putting pressure on policymakers at all…
The industry and its leaders will continue to contend with the numerous impacts of the pandemic in 2022, including rent growth and inflation, in part one of our executive preview.The rental housing industry continues to endure the effects of the…
The industry and its leaders will continue to contend with the numerous impacts of the pandemic in 2022, including the labor shortage and apartment occupancy, in part two of our executive preview.Read part 1According to the Beige Book from the…
The industry and its leaders will continue to contend with the numerous impacts of the pandemic in 2022, including construction, technology and lessons learned, in part three of our executive preview.Read part 1Read part 2Multifamily construction…
Apartment occupancy is at an all-time high.Apartment occupancy is at an all-time high. According to RealPage, occupancy hit 97.5% in November, breaking the typical trend of occupancy cooling off with the arrival of colder weather.Effective asking…