Operations
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Sponsored by AppFolio Inc.
AI on your side: How LLMs will shake up multifamily workflows
Generative AI is one of the most profound technological advancements on record. Its speed and impressive functionality present a true paradigm shift, augmenting and simplifying the work of human teams.
By Cat Allday, VP, AI and Product Operations, AppFolio • Sept. 25, 2023 -
How to retain maintenance workers in a competitive market
With a few simple steps, owners and operators can hold on to their repair staff.
By Mary Salmonsen • Sept. 19, 2023 -
Explore the Trendlineâž”
Morsa Images via Getty ImagesTrendlineCentralization
As labor costs rise, many apartment managers are centralizing operations while being careful to maintain resident satisfaction.
By Multifamily Dive staff -
Sticker shock: Expenses jump almost 10%
Insurance, repairs and maintenance are helping to drive the increases at multifamily properties, according to a Yardi report.
By Leslie Shaver • Sept. 19, 2023 -
DEALS + STARTS
UDR buys 6 properties in Texas for $402M
The deal shows how companies with centralized platforms can squeeze extra efficiencies out of new acquisitions.
By Leslie Shaver • Sept. 18, 2023 -
Q&A
Texas developer leverages construction pipeline to beef up its management platform
Embrey Partners is also building out its third-party platform and weighing the role of centralization.
By Leslie Shaver • Sept. 15, 2023 -
Water Street Tampa achieves WELL Gold Community Certification
The neighborhood, which includes 1,200 rental units across three properties, is the first in North America to attain this standard.
By Mary Salmonsen • Sept. 14, 2023 -
Yardi, 18 managers hit with antitrust lawsuit
The class-action complaint cites research showing that operators using the firm’s pricing software had rents 6% higher than the market rate in some cities.
By Leslie Shaver • Sept. 14, 2023 -
RangeWater hits 100,000 units
A senior executive with the Atlanta-based firm explains what drove its growth.
By Leslie Shaver • Sept. 13, 2023 -
While demand remains strong, rent growth continues to fall
Operating expenses are on the rise across the country, driven by insurance costs, according to Yardi Matrix.
By Mary Salmonsen • Sept. 12, 2023 -
Highsmith, Carol M. (2011). "Robert C. Weaver Federal Building, headquarters of HUD, the U.S. Department of Housing and Urban Development, Washington, D.C" [Photograph]. Retrieved from Wikimedia Commons.
HUD begins second round of Green and Resilient Retrofit funding
The first awards are expected to be announced this fall.
By Mary Salmonsen • Sept. 11, 2023 -
Greystar ramps up modular housing production
The company’s first factory-built project in the U.S., Ltd. Spring Run, broke ground near Pittsburgh last month — with many more to come.
By Mary Salmonsen • Sept. 8, 2023 -
Apartment owners could see tax relief in Texas
Proposed changes awaiting voters' approval would be applied to 2023 tax bills.
By Leslie Shaver • Sept. 8, 2023 -
Opinion
Concessions are here to stay, and other takeaways from a PRM veteran
Donald Davidoff has learned a thing or two in the nearly 25 years since pricing and revenue management software was introduced to the industry.
By Donald Davidoff • Sept. 7, 2023 -
Apartment pros list their top challenges
Owners’ and operators’ most pressing concerns have changed significantly over the past two years, according to a new NAA survey.
By Mary Salmonsen • Sept. 6, 2023 -
$384M loan backed by luxury San Francisco high-rise sent to special servicing
The property next to Elon Musk’s X headquarters is facing imminent default, according to a report from Trepp.
By Mary Salmonsen • Sept. 5, 2023 -
FTC cracks down on Roomster
The commission has fined and permanently banned the company’s owners from buying or incentivizing consumer reviews.
By Leslie Shaver • Aug. 31, 2023 -
REITs report decelerating rent growth
REITs show strength on the East Coast, but see less growth in the Sun Belt.
By Leslie Shaver • Aug. 31, 2023 -
7 student housing properties opening for the new school year
Deliveries are on the rise this year, up almost 10,000 beds from fall 2022, according to data from RealPage.
By Mary Salmonsen • Aug. 24, 2023 -
Opinion
7 things to know about starting an EV charging program
As electric vehicle demand increases and government mandates approach, multifamily firms are plugging in to incentives.
By Mark Vogel • Aug. 22, 2023 -
Q&A
Senior housing inspired by national parks underway in Virginia
Overlapping regulations posed the greatest challenge for The Lodge at Autumn Willow, says KTGY production director Patty Booker.
By Mary Salmonsen • Aug. 21, 2023 -
Is Threads worth a look?
As X — formerly known as Twitter — struggles, Meta’s new platform could serve as a substitute for some multifamily marketers, experts say.
By Amanda Loudin • Aug. 18, 2023 -
REIT Report
Revenue growth boosts AvalonBay
As market conditions slow, the Virginia-based REIT sees an opportunity to pick up land in its expansion metros.
By Leslie Shaver • Aug. 16, 2023 -
As rents continue to rise, legislators eye new regulations
Ongoing affordability challenges have led lawmakers to consider rent control and fee notifications, Yardi said in its most recent report.
By Mary Salmonsen • Aug. 14, 2023 -
REIT Report
Essex raises rent guidance as tech layoff fears subside
The REIT saw sluggishness in Seattle while Southern California thrived.
By Leslie Shaver • Aug. 14, 2023 -
Report: Passive House nears cost parity with traditional construction
The number of Passive-built multifamily projects has surged since 2018, owing to energy savings and climate and health benefits, according to a new report.
By Mary Salmonsen • Aug. 10, 2023