Operations: Page 2
-
Q&A
Inside a Dallas developer’s plan for 2,000 starts this year
The president of Leon Capital Group’s multifamily division sees an opportunity to deliver new apartments into rent growth.
By Leslie Shaver • June 20, 2024 -
UC Berkeley cleared to continue student housing project at People’s Park
The California Supreme Court reversed a ruling that halted construction over resident noise concerns.
By Mary Salmonsen • June 12, 2024 -
Explore the Trendlineâž”
Laurence Dutton via Getty ImagesTrendlineArtificial Intelligence
Multifamily Dive breaks down the pros and cons of this nascent technology for apartment owners, operators and managers.
By Multifamily Dive staff -
Q&A
Woody Stone sees more M&A coming in the management space
The president of Cushman & Wakefield Multifamily Asset Services says some larger owners are moving to limit the number of operators they work with.
By Leslie Shaver • June 11, 2024 -
Bellingham, Washington, apartment owner asks to join suit against ‘Walmart encampment’
Management claims that its tenants are leaving due to health and safety concerns related to a nearby settlement of people experiencing homelessness.
By Mary Salmonsen • June 10, 2024 -
EXECUTIVE MOVES
Hoffman & Associates names new CEO
JLL alum Brian Dawson will step into the role, replacing Mark Dorigan at the Washington, D.C.,-based developer.
By Leslie Shaver • June 10, 2024 -
Staff matters, new survey of 400,000 online reviews says
More than 60% of positive property reviews — and 18% of negative ones — make mention of on-site teams, according to an AI-powered study.
By Mary Salmonsen • June 6, 2024 -
Q&A
Inside AvalonBay’s strategy to woo residents who work from home
The REIT has redesigned dining spaces, bedrooms, common areas and even operations to accommodate renters who work remotely.
By Leslie Shaver • May 28, 2024 -
Flournoy launches new high-end multifamily brand
Ellison by Flournoy has seven projects in development, many of them in the Southeast.
By Mary Salmonsen • May 28, 2024 -
Sustainability is a ‘differentiator’ for multifamily developers
With regulations and incentives now widespread, experts encourage looking at energy-efficient features with an entrepreneurial lens.
By Mary Salmonsen • May 23, 2024 -
REITs beat expectations in Q1
Strong occupancy and resident retention set the stage for outperformance.
By Leslie Shaver • May 23, 2024 -
The industry positions with the highest — and lowest — base salaries
Executive pay averages in the hundreds of thousands, while on-site and maintenance personnel salaries trend below the national average, according to a new report.
By Mary Salmonsen • May 22, 2024 -
Consumer interest in wellness has reached a critical mass
Health-focused features drive value and revenue at multifamily properties, according to speakers at the Wellness Real Estate and Communities Symposium.
By Mary Salmonsen • May 21, 2024 -
Q&A
Harbor Group eyes more buys
The nation’s No. 19 apartment owner thinks the window is open to acquire newly built assets.
By Leslie Shaver • May 21, 2024 -
REIT Report
Renewal and new lease rates diverge for MAA
The REIT’s existing residents paid 5% more YOY in Q1, but supply pushed new rents down 6.2%.
By Leslie Shaver • May 20, 2024 -
EXECUTIVE MOVES
Lynd expands third-party management services with new data tools
The owner-operator has also rehired Josué Garza as president of property management.
By Mary Salmonsen • May 17, 2024 -
REIT Report
Camden sees favorable trends in insurance, taxes and bad debt
Although supply remains a problem, demand is durable in the REIT’s markets.
By Leslie Shaver • May 15, 2024 -
Dogs and cats are priority No. 1 for potential renters
Apartments that will accommodate pets are more in demand than air conditioning or in-unit laundry, according to Zillow.
By Mary Salmonsen • May 15, 2024 -
REIT Report
UDR plans to back off of high occupancy to boost rents
Despite solid results, the REIT isn’t raising its full-year guidance.
By Leslie Shaver • May 13, 2024 -
Owner, manager sued for death of 2 children in Mississippi apartment fire
The smoke alarms at the William Bell Apartments were not functional at the time of the incident, according to officials.
By Mary Salmonsen • May 13, 2024 -
DEALS + STARTS
American Landmark grabs a 444-unit deal in Tampa
The apartment owner was able to secure lower insurance than its competitors, which helped it purchase the waterfront property.
By Leslie Shaver • May 13, 2024 -
EPA launches new Energy Star residential standard
The Energy Star NextGen Certification for New Homes and Apartments builds on the foundation set by the existing program.
By Mary Salmonsen • May 9, 2024 -
REIT Report
Essex raises revenue guidance
Improvement in delinquencies helped power the REIT’s better-than-expected first-quarter numbers.
By Leslie Shaver • May 8, 2024 -
EXECUTIVE MOVES
Core Spaces launches wealth management platform
The student housing firm has tapped brothers Tom and John Dine to lead the investment vehicle as managing directors.
By Mary Salmonsen • May 8, 2024 -
EXECUTIVE MOVES
Quarterra Living exec leaves Lennar for Ashcroft Capital
JoAnn Blaylock is now president of Birchstone Residential, Ashcroft’s in-house property firm.
By Mary Salmonsen • May 6, 2024 -
https://www.gettyimages.com/detail/photo/stock-exchange-sign-royalty-free-image/157338910?phrase=wall%20street&adppopup=true via Getty ImagesREIT Report
AVB beats estimates, raises guidance
Strong occupancy and low move-outs to buy homes gave the REIT pricing power into spring leasing season.
By Leslie Shaver • May 6, 2024