Ten years ago, the Great Recession walloped almost every sector of the economy. According to the U.S. National Bureau of Economic Research, which officially tracks the country’s recessions, it started in December 2007 and ended in June 2009, lasting…
In an uncertain environment, one veteran apartment executive is continuing to bet on what he knows—value-add opportunities in the Southeast. Find out how he finds assets in this competitive environment and how the end of the cycle is altering his…
For many by 2025 [and clearly for everyone by 2030] the nearly 100-year old title of “Property Manager” will be replaced by titles far more reflective of the role, span of operational and “total asset experience” control, level of expertise,…
Leasing to spouses who are separated requires a special touch.Conversations with prospective residents often reveal a brief glimpse into their realities and what brings them to the market for an apartment home. Some scenarios are celebratory, such…
A ruddy face frames keen blue eyes. Behind the stacks of legal briefs, illuminated by one soft lamp, one could be forgiven for envisioning a medieval duke standing on his battlements. Though John McDermott is fortified in Arlington, as he leans back…
While many factors have influenced the downward slide in the rate of homeownership, some say that the historic levels of student loan debt have been a particular impediment. Indeed, outstanding student loan balances have more than doubled in real…
Arcola Mayor Fred Burton joined residents of newly constructed, mixed-income apartment community Gristmill at Tuscany Park in January for a Meet & Greet Fireside Chat to celebrate the community’s grand opening – the first such new community to…
Although they have the means to buy, the number of high-income renters is growing faster than any other income bracket. Renters by choice and not by necessity, this relatively new breed of resident, saw a whopping 175 percent increase during the…
When it comes to apartment communities, online reviews run the gamut.“Management—beyond words to describe how bad. They have attitude about everything. They delay, ignore and make excuses when it comes to addressing any problem. The building is in a…
More companies are seeing the wisdom of using social media influencers. Here are the do’s and don’ts of executing that strategy.Influencers have been around since human kind began and a serpent encouraged Eve to take a bite of forbidden fruit in the…