APTly Spoken Blog

  • MAXIMIZE Session Inside Look: Data Analytics Strategies

    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...
  • 3 Purchasing Program Problems to Avoid

    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...
  • Resident Friendly Ancillary Revenue

    Incredible rent increases won’t last forever. For asset managers, the inflexion point when market rents plateau is often accompanied by a pivot into ancillary revenue opportunities. In fact, smart multifamily operators are already re-examining fee structures, charge-backs, and creative ways to pass a portion of community management costs respectfully through to the renter. At Maximize: 2014...
  • The Audience Is Watching

    “Sir, I need to ask you to take the conversation outside...” The audience applauds...and...End scene.That was the end of a show that I didn’t realize I had purchased tickets for when I picked the restaurant. While eating dinner recently, a businessman who had been on the phone for a while suddenly got louder and louder. Over the course of a minute or so, he berated the person on the other end of...

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