Because there exists a misconception that rental housing owners enjoy large margins and can continue operating in the absence of rent payments, and with so much discussion around rents during COVID-19, the National Apartment Association (NAA) has…
You could have been a community manager or leasing agent for a decade now and not really had to deal with an economic downturn. But that is probably changing. By March 26, it was a whole new world. Measuring same-store change on a rolling seven-day…
Earlier this year, Bell Partners announced that Founder and Chairman Steve Bell, who has personally held a majority stake in the company since its founding in 1976, has transitioned a minority portion of his shares to certain executive officers of…
The recent outbreak of COVID-19, also known as coronavirus, has caused immediate need for social distancing to stop the spread of this highly contagious virus. Apartment communities are a people-driven business, which makes it more difficult to cut…
In our next installment of Profiles in Success, a series where NAA talks to successful apartment professionals to learn how they got to where they are, we visit with an SVP of Strategic Initiatives.Name: Karen HollingerCompany: AvalonBay…
Overnight, many companies have changed their operations from in-office to work-from-home in response to the spread of COVID-19. Remote work arrangements are not new, but because they may be unfamiliar to some employers and managers, there is an…
Operators continue to grapple with the ongoing impacts of COVID-19.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 rental apartments and…
Developing apartment communities that appeal to all age groups.While the apartment narrative has long focused on the 20-something as the typical resident, rentership rates among all age cohorts have been steadily increasing during the past decade.…
Apartment managers can create a plan to succeed without using toxic pesticides.Residents want their homes to be free of pests. But they often don’t want harsh pesticides—or any pesticides—used in their apartments. They may not even provide regular…
Oddo Development has associates focused on virtual leasing and completing tasks on their to-do lists.When COVID-19 forced the closure of the nation’s economy, executives at Oddo Development had no idea what was going to happen with leasing.In one…