Property management software news, views and industry trends
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…
Building a robust commercial real estate investment strategy to maximize ROI
When talking about real estate investing, residential real estate is typically the first to come to mind. This leaves out a key sector: commercial real estate. Investing in commercial properties such as offices, industrial spaces, retail centers, and…
AI risk management in commercial property management
The integration of AI in commercial property management is transforming the industry, offering innovative solutions to traditional challenges. As a leader in developing commercial real estate software, MRI Software provides tools that help property m…
Guide to maintenance contracts
Effective maintenance management is crucial for property managers looking to maintain and enhance the value of their assets. Establishing a maintenance contract ensures that your property’s needs are met consistently and efficiently, preventing unexp…
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.…
How big data and AI are transforming real estate investment strategies
Before AI and big data real estate, you needed to rely on limited, retrospective data and personal intuition to make your investment decisions. This approach could lead to missed opportunities, higher risks, and inconsistent returns. Big data and AI …
What is a real estate investment trust (REIT)? Everything you need to know
There are two major issues with investing in real estate: money and time. The financial barriers can be steep and managing the properties requires a lot of effort and expertise. It’s not always easy to get started or keep up with the demands. R…