Wednesday, August 20, 2014
Will multifamily eventually become a big data industry? With millions of units in play and terabytes of prospect, lease and resident information lodged in our disparate systems, the promise of big data and actionable analytics seems to be a real one, even if our transaction velocity of 12-15 months pales compared to the airline, rental car, restaurant and hotel industries that close thousands of...
Monday, August 18, 2014
Purchasing programs consist of negotiating national accounts with vendors, getting accounts established upon onboarding of a new asset, as well as monitoring pricing and standardizing products across your portfolio to increase your NOI and overall value of a property.As a procurement and purchasing management professional in the apartment industry, I often wonder why these programs are...
Thursday, August 14, 2014
I bought a bonsai tree last winter for my office. Two weeks later, all that remained were the branches. Today, it holds a lone Christmas ornament that I’ve decided to display year-round.
I don’t have what you would call a ‘green thumb.’
My inability to care for plants and trees is especially upsetting to my father, who, when he isn’t molding young minds as a middle school English teacher, spends...
Wednesday, August 13, 2014
Take a quick guess at what the United States Department of Housing and Urban Development (HUD) spends 13 percent of its annual agency budget on. Here's a hint: the line item adds up to $6.4 billion. Give up? That's the amount the agency foots for operating costs attributable to energy and water consumption at the nation's public and assisted housing communities. If you think that's a lot,...