Market Intel

Development

The New Tech Companies Disrupting CRE

At the GlobeSt Apartments conference, tech companies went head-to-head in a shark-tank-style competition. Commercial real estate tech companies went head-to-head once again for Tech Tank at GlobeSt Apartments. The shark tank-style round up features emerging technology companies presenting their unique concepts to investors. This year, Tech Tank included Iotas, Salto

Read More »
Development

Take the Bite Out of Unreported Pets

Property management teams can mitigate liability and lost revenue through pet audits and software platforms. In a perfect world, every resident would properly report pets when they move into an apartment community. They would also report any pets they acquire or sit during their stay, and they would never consider

Read More »
Development

Top Markets, Small and Large, Under the Radar for Multifamily Development

Recent data from Meyers Research points to lesser-known hot spots for multifamily. Seeking the brightest heat lamps for real estate action typically conjures a list of the usual suspects—Dallas, San Francisco, Seattle, and Washington, D.C. But experts are now looking at numbers from what used to be considered secondary markets

Read More »
Development

What Millennial Renters Really Want

While some of the features sought after by renters are consistent across age groups, millennial tenants are leading the way with demand for more creative, community-building amenities at multifamily communities. The largest generation in the U.S., millennials are pushing multifamily owners and property managers to step up their offerings, or

Read More »
Development

Phoenix ramps up apartment construction by 18%

RENTCafé just released its annual Apartment Construction Report, where it looks at the U.S. metro areas that have the highest number of projected apartments in 2019. Phoenix is among the top metros for apartment construction this year, with more than 9,600 new units estimated to come online by the end

Read More »
Development

The Dichotomy of Millennial Housing

Millennials are driving demand of shared co-living spaces on one end of the spectrum and high-end apartment living on the other. “Millennials are moving to the extremes when it comes to multifamily housing preferences, and developers should begin to take note,” Gary Bechtel, president of tech-enabled commercial real estate lender

Read More »
Development

Technology, Services Drive Apartment Tenant Retention

Integrating smart technology and services into apartment communities will help ensure better tenant retention. New technologies and community gathering spaces are the necessities for apartment buildings today. Properties appropriately leveraging technology, including smart home features, and integrating community gathering spaces and events, are seeing better tenant retention and faster lease

Read More »
Development

Must Have Tenant Amenities for Millennials

As a successful landlord, you have learned that you need to create an ideal tenant avatar, or profile of your ideal tenant. If that ideal tenant was born in the 1980s to the 2000s, you are looking for what society and the media has labeled a “millennial,” or Generation Y.

Read More »