News, views and industry trends
Old lease vs new lease: A landlord’s guide to smooth transitions
Did you know that about 36% of Americans are renters? With so many rental agreements in play, understanding lease transitions is more important than ever. Whether you’re dealing with an old lease vs new lease, knowing how to navigate these tran…
Increasing multifamily occupancy rates: Effective ways to boost tenant numbers in apartments
High occupancy rates are essential for steady rental income and increasing your property values. Effective strategies can help you attract and retain tenants, ensuring your properties stay profitable and appealing to investors. Achieving high occupan…
What is HUD multifamily housing?
Did you know that HUD provides housing support for over 1.3 million households in the United States? HUD multifamily housing plays a crucial role in this, covering properties with five or more residential units, each equipped with a full kitchen and …
Reducing maintenance costs: Essential tips for multifamily rental property landlords
Reducing maintenance costs is understandably a top priority for multifamily property landlords. Efficient property maintenance not only saves you money but also enhances tenant satisfaction. In fact, studies show that proactive maintenance can reduce…
Lease renewal fees: Evaluating the pros and cons for tenant continuation
Lease renewal fees are a critical factor in multifamily property management, affecting both landlords and tenants. Did you know that renewing a lease with an existing tenant can save up to $1,000 in turnover costs? Understanding lease renewal fees is…
Building a strong multifamily brand identity: Strategic marketing techniques for apartments
In today’s competitive property market, standing out is more crucial than ever. Properties with strong brand identities can see up to 23% higher rental income and 20% faster lease-up rates. This means that multifamily branding not only attracts…
Evaluating renovations: Which upgrades offer the best ROI for multifamily apartments
Multifamily renovations are a powerful tool for increasing property value, attracting quality tenants, and boosting rental income. Understanding which upgrades offer the best return on investment (ROI) is key to making informed choices and optimizing…
Multifamily rental growth and occupancy update August 2024
This report looks at overall occupancy levels and rental growth trends for 12 markets across Texas, Arizona, Georgia, Tennessee, North Carolina, and Florida. The first green shoots of market momentum that appeared in June continued to emerge in July.…