Operations: Page 3

  • Home Foreclosure Sign
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    tntemerson via Getty Images
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    5 ways a manager can insulate itself from a distressed owner

    Operators can survive a troubled client by doing their homework, bringing in equity and working with the lender.

    By • July 22, 2024
  • Real estate agent and customer walking between apartment buildings.
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    gremlin via Getty Images
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    Property managers, residents out of sync on living preferences

    While owners believe renters prioritize tech, they actually have more of a desire for the basics, according to a new survey.

    By • July 15, 2024
  • A block of apartment complexes Explore the Trendlineâž”
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    Arturo Rosenow via Getty Images
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    Trendline

    Top 5 stories from Multifamily Dive

    A roundup of some of Multifamily Dive’s top stories of 2024.

    By Multifamily Dive staff
  • Three-level apartment building with railing and steps and people on the second floor.
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    Permission granted by Atlas Real Estate
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    Q&A

    Denver-based operator uses its smaller size as an advantage

    The CEO of Atlas Real Estate said his company “out-locals” national players while still investing in technology.

    By • July 9, 2024
  • A bocce court is set up and awaiting players on a rooftop lounge of an apartment building
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    Permission granted by Optima Inc.
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    As summer heats up, apartment properties offer outdoor fun

    Beyond swimming pools, property designers and managers are experimenting with seasonal offerings like al fresco dining, fitness and games.

    By • July 2, 2024
  • Business people, meeting and corporate discussion against a blurred background at the office. Group of employees in team planning, presentation or training staff for collaboration.
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    Jacob Wackerhausen/Getty via Getty Images
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    Apartmentalize 2024

    How centralization changes employees’ career paths

    Companies like Equity Residential are placing a greater focus on competencies that can apply across roles.

    By • June 27, 2024
  • Ground floor of new, white apartment complex with Soltra Kierland sign.
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    Permission granted by Leon Capital Group
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    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 • June 20, 2024
  • A mid-rise apartment building.
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    LMS Architects/Hood Design Studio

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    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 • June 12, 2024
  • A table with chairs in a common area in a luxury apartment building
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    Permission granted by Cushman & Wakefield Multifamily Asset Services
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    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 • June 11, 2024
  • The entrance to an apartment property by the road. Heavy tree cover is located on either side.
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    Google Maps

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    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 • June 10, 2024
  • A row of glass high-rises on the right and boats docked on the left.
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    Permission granted by Hoffman & Associates
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    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 • June 10, 2024
  • Real estate agent holding keys to new flat.
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    simpson33 via Getty Images
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    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 • June 6, 2024
  • Lounge area with chairs
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    Permission granted by AvalonBay Communities
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    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 • May 28, 2024
  • A mid-rise apartment building.
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    Courtesy of Flournoy Development
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    Flournoy launches new high-end multifamily brand

    Ellison by Flournoy has seven projects in development, many of them in the Southeast.

    By • May 28, 2024
  • A building with vegetation growing along the sides.
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    _ultraforma_ via Getty Images
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    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 • May 23, 2024
  • The Wall Street sign in the Financial District of Lower Manhattan in New York City.
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    hapabapa via Getty Images
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    REITs beat expectations in Q1

    Strong occupancy and resident retention set the stage for outperformance.

    By • May 23, 2024
  • A businessperson hands a colleague a paycheck.
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    AndreyPopov via Getty Images
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    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 • May 22, 2024
  • Tables and chairs among greenery on a rooftop.
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    Salvi Media

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    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 • May 21, 2024
  • Overhead picture of apartment communities and a pool.
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    Permission granted by Harbor Group International
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    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 • May 21, 2024
  • Wall Street sign with american flags and New York Stock Exchange
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    lucky-photographer via Getty Images
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    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 • May 20, 2024
  • A mid-rise apartment building with "Culebra" written on the side.
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    Courtesy of Lynd
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    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 • May 17, 2024
  • A street sign marks the intersection of Wall and Broad Streets in Manhattan.
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    rabbit75_ist/iStock/Getty Images Plus via Getty Images
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    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 • May 15, 2024
  • A dog resting its head on the floor.
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    sonsam via Getty Images
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    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 • May 15, 2024
  • View from the the ground looking up at high rises and Wall St. and Front St. signs.
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    franckreporter via Getty Images
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    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 • May 13, 2024
  • A group of low-rise apartment buildings situated on a green lawn on a sunny day.
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    Google Maps

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    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 • May 13, 2024
  • Five-story white apartments surrounded by palm tress and cars
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    Permission granted by American Landmark
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    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 • May 13, 2024