The apartment industry should be on the lookout for a new phrase: “Renters’ Choice.” While there are multiple inferences one could make from these words, the present push is to allow renters to choose between standard security deposits and utilizing…
AI-driven technologies and automation will help associates cut down on surface-level interactions for greater efficiency in lend-to-lease conversion rates.The rental housing industry is shifting gears to incorporate artificial intellingence (AI) and…
Innovation in PropTech: Technology has shaped the real estate industry. In 2020, we will continue to see new and innovative technologies emerge, especially at a property and property management level. A few examples include automating processes,…
Improving retention requires providing new career paths for onsite professionals. Find out how organizations and staffers can create these roles.Kristi Fickert, NALP, Vice President, Marketing and Training at 30 Lines, sees a big issue facing the…
The apartment vacancy rate increased 0.1 percent to 4.7 percent in the fourth quarter, according to REIS Moody’s Analytics. It was 4.8 percent in the fourth quarter of 2018 and 4.6 percent at year-end 2017.Both the national average asking rent and…
For TCR, the time is right again for attainable apartments.Building workforce housing without subsidy is not a new idea at Trammell Crow Residential (TCR). In the early 2000s, current CEO Ken Valach began working on these types of communities with…
Developers build market-rate units that lease for less.Since the end of the Great Recession, the hallmark of this apartment cycle has been luxury units, usually located within the urban core, with a slew of amenities including roof-top patios, chill…
Margette Hepfner shares her experience at the country's second-largest apartment management company and the story behind its growth.Margette Hepfner came to Lincoln Property Company in 2013 in the newly created position of Vice President of Client…
Ireland is facing many of affordability issues that we’re dealing with in the U.S. Those issues, along with discussions about the growth of the multifamily sector in Ireland, modular housing and advancements in apartment construction, came to the…