Operations: Page 12
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4 ways to improve resident satisfaction
Keeping current tenants happy is crucial in an increasingly competitive market.
By Amanda Loudin • July 5, 2023 -
Thought Leaders: June 2023
Executives from Lendlease, Centerspace, Garrett Cos. and more talk about their latest challenges and successes.
By Multifamily Dive Staff • June 29, 2023 -
Trendline
Top 5 stories from Multifamily Dive
A roundup of some of Multifamily Dive’s top stories of 2024.
By Multifamily Dive staff -
Opinion
How to apply for GRRP funds
The $4.8 billion Green and Resilient Retrofit Program offers developers and owners direct grants and loans to improve HUD-assisted properties.
By Donald Bernards • June 29, 2023 -
Opinion
What condo owners, developers can learn from the Surfside collapse
Overdue repairs on multifamily buildings are a recipe for disaster, writes construction risk management expert Don Neff.
By Don Neff • June 27, 2023 -
Despite challenges, real estate pros are optimistic
After hitting rock bottom, industry sentiment is on the rise again despite fears of a mild recession.
By Mary Salmonsen • June 26, 2023 -
Champlain Towers’ pool deck not up to code, NIST officials say
Investigators said Thursday that the pool deck at the Surfside, Florida, condo that collapsed in 2021 was corroded and improperly reinforced.
By Zachary Phillips • June 16, 2023 -
Apartmentalize 2023
Rising costs challenge multifamily pros
Too much focus on technology can distract property managers from their customer service mission, according to a panelist at the recent NAA conference.
By Mary Salmonsen • June 15, 2023 -
Insurance Issues
How to curb budget-busting insurance increases
Working with brokers, managing risk and using self-insurance are some of the ways apartment owners can keep insurance premiums down.
By Leslie Shaver • June 13, 2023 -
Insurance Issues
Owners, developers sound off about higher insurance costs
Recent premium hikes have been painful for apartment owners of all sizes.
By Leslie Shaver • June 12, 2023 -
The 8 metros with negative rent growth
As demand cools, the pipeline of new apartments is robust, with 1 million multifamily units underway, according to Yardi Matrix.
By Jennifer Goodman • June 8, 2023 -
Insurance Issues
NMHC: Multifamily insurance costs up 26%
Property coverage has become much more expensive in recent years, according to a new report from the National Multifamily Housing Council.
By Jennifer Goodman • June 8, 2023 -
Insurance Issues
Insurance costs are skyrocketing. Why?
Climate-related events aren’t the only thing pushing premiums to unprecedented levels for multifamily owners.
By Leslie Shaver • June 6, 2023 -
DEALS + STARTS
West Coast investor continues to build its workforce portfolio in the Midwest
With the purchase of a property outside of Cincinnati, Revitate Cherry Tree closes out the acquisitions from its first fund.
By Leslie Shaver • June 5, 2023 -
Q&A
Maryland SFR development catches on ‘like wildfire’ with active adults
Allen & Rocks moved into single-family rentals at two Brookfield communities, and it learned that a 55-and-over crowd will lease remotely.
By Leslie Shaver • June 2, 2023 -
Greystar launches attainable housing brand
With some built in the company’s newly opened modular factory, Ltd. by Greystar apartments will limit future rent increases for existing residents.
By Mary Salmonsen • May 30, 2023 -
Deals + Starts: May 2023
SPI Advisory, ECI Group, Neology and more were in the news this month.
By Multifamily Dive Staff • May 25, 2023 -
Virginia-based owner plans to add property management services
As other firms have scaled back their management presence, Capital Square is jumping into operations.
By Leslie Shaver • May 23, 2023 -
These are the amenities renters prefer most
The most coveted features include front desk attendants and secure package services, while pools and fitness centers have fallen a few steps.
By Mary Salmonsen • May 22, 2023 -
DEALS + STARTS
Affordable senior development underway near Miami
At 410 units, the Douglas Gardens Residences will be the largest property of its kind in Broward County.
By Mary Salmonsen • May 19, 2023 -
REITs report positive momentum
On first quarter earnings calls, executives expressed optimism, though there are pockets of weakness.
By Leslie Shaver • May 19, 2023 -
REIT Report
Essex predicts rebound in West Coast markets
Although it is monitoring other areas for expansion, the REIT is comfortable with its regional focus, according to CEO Angela L. Kleiman.
By Leslie Shaver • May 17, 2023 -
REIT Report
Camden’s move-outs to homeownership drop amid strong rent growth
Even though more than 400,000 new units are expected to hit its markets in the next two years, the REIT downplayed the impact of new supply on a recent earnings call.
By Leslie Shaver • May 15, 2023 -
Business, multifamily leaders urge quick resolution to looming debt ‘catastrophe’
President Joe Biden and congressional leaders will continue talks on Friday as the threat of a default on the country’s $31.4 trillion debt grows.
By Jennifer Goodman • May 12, 2023 -
PROJECT SPOTLIGHT
Portland, Oregon’s Alta ART Tower designed to connect with artistic neighbors
The building’s expansive lobby hosts theater performances and gallery events in collaboration with the Artist Repertory Theater next door.
By Mary Salmonsen • May 11, 2023 -
REIT Report
As development projects are abandoned, AVB sees an opportunity to buy land
The REIT is partnering with third-party apartment builders and offering mezzanine loans for construction.
By Leslie Shaver • May 10, 2023