Each April, the industry takes time to recognize residential property management professionals and their onsite teams.  The National Apartment Association Education Institute’s (NAAEI) Residential Property Management (RPM) Careers campaign…
Q: I am refurbishing a vacant apartment, and I’m unhappy with the bathroom cabinet. It is oak and in good shape, and I don’t want to replace it. Any pointers?  A: We have just the thing for you if you don’t mind a little bit of work. We…
Alexis Melton, Corporate Training Specialist for LynCo Properties in Tulsa, Okla., since March 2023.  I have always been interested in real estate and the housing industry, and in college, I started working in property management. Over time…
Mark Yale   •   Chief Financial Officer   •  Coastal Ridge Real Estate   •   Columbus, Ohio  Coastal Ridge Real Estate announced that Mark Yale has joined the firm as Chief Financial…
Learn everything you've ever wanted to know about Apartmentalize in the latest episode of The NAA Apartmentcast. Hear from Clark Ebbert, NAA's Director of Conference Education Programming, to learn about the educational tracks available at…
The National Association of Home Builders (NAHB) announced a new-look Multifamily Market Survey (MMS) for the first quarter of 2023. The Multifamily Production Index (MPI) and the Multifamily Occupancy Index (MOI) are the two indices produced from…
Tracking utility data is the first step in cutting these costs. It’s not hard to do and well worth the effort. The first step is to input utility rates and monthly consumption into a database so you can compare month over month and year over year…
Equity Group Investments Chairman Sam Zell has passed away at the age of 81. Zell was also Chairman of Equity LifeStyle Properties, Equity Residential and Equity Commonwealth.  “Sam’s insatiable intellectual curiosity and passion for deal…
To assess rental housing affordability at the market level, the National Apartment Association (NAA) analyzed rent-to-income percentages, which are based on residential lease applicants from professionally managed properties screened by TransUnion’s…
As incomes have continued to climb, the percentage of apartment residents who were cost-burdened—paying rent that is 30 percent or more of their income—is decreasing. In 2015, 50.6 percent of apartment residents were cost-burdened, a decrease of 1.2…