units February 2020

the Magazine of the National Apartment Association

Answering the Demand for Attainable Apartments (Without Subsidies)

Units Magazines

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-out lounges in…

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FEATURES

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…
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…
Recently, operators have started bringing the technology revolution to their screening processes, and with good reason—the leasing landscape is getting more complex.  Apartment owners and…

IN THIS ISSUE

While bad turns and late deliveries can present different challenges, proper planning and communication can solve a lot of problems. Nothing can doom a student housing development like being late. If…
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As costs increase, operators are working harder to keep expenses under control. Regardless of commercial real estate, owners and operators have seen expenses rise during the past few years. Student…
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Despite national studies showing a drop in enrollment, the picture is more complex for the student housing industry. As Gen Z replaces millennials on college and university campuses, owners,…
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Campus enrollment decline and overdevelopment fears are hurting student housing as capital sources pull back and lenders grow cautious. When Freddie Mac and Fannie Mae slowed multifamily lending in…
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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-…
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On November 20, the U.S. Department of Housing and Urban Development (HUD) announced that the agency would release more than 15,000 new vouchers to public housing authorities (PHAs) across…
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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…
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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…
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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…
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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…
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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…
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UNITS Magazine is a full-color trade publication featuring news and newsmakers in the apartment housing industry. Features include interviews of members who are movers and shakers in the…
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