So Much To Do In The Mile High City
Mind If I Vape?
You’ve Got Mail
Q1 2014: Accelerating Rent Growth, Continued Tight Occupancy
EV Stations: A Powerful Amenity
Engaging the New Age
Investing in Your Political Capital
It’s been a decade since Donald Trump uttered those two glorious words—“You’re hired”—to Bill Rancic, season one winner of “The Apprentice.”
Since then, the Chicago born and-bred real estate entrepreneur has successfully run a multimillion dollar company, become a best-selling author, hosted and produced television shows, opened his own restaurant and expanded his philanthropic efforts worldwide. Why not add “2014 NAA Education Conference & Exposition Thought Leader” to the list?
units Magazine recently spoke to Rancic—who interviewed Virgin Group Founder Richard Branson at the 2013 NAA Education Conference & Exposition (above)—to get a preview of his June 20 session in Denver.
The 75th anniversary celebration of NAA reaches its peak (see what we did there?) June 18-21 in Denver at the 2014 NAA Education Conference & Exposition.
Here are 75 reasons you won’t want to missbeing there (and flip to page 34 for more on things to do in Denver):
1. Say hello (and thank you!) to all the returning Past Chairmen of the Board.
2. Start your week off right with new friends at the Conference Kick-Off Celebration and Reception.
3. Come into town early to catch James Taylor at Red Rocks (Tuesday, June 17).Because he’s James Taylor.
Kim Bockover, Property Manager for the Barrington Group in Southwestern Florida, first noticed them in the rear of the property. Farthest from the entrance of the horseshoe-shaped community of 14 buildings, the tiny pests had made their first incursion across enemy lines.
The crazy ant siege had begun.
Twelve months later, the ants had inundated nearly all of the 12-acre property, a mixture of owner-occupied condominiums and rental apartments abutting a nature preserve.
“When I first saw them, I thought they were just ants,” says Bockover, who, prior to her career in property management, was an U.S. Army environmental health technician (read: Military pest control), a health inspector for Maryland and worked for the National Restaurant Association’s Public Health Division writing manuals for conducting restaurant inspections. Needless to say, she is not what one would call a “layperson.”
The hazy interpretation and policymaking efforts affecting e-cigarettes has permeated the apartment industry.
As localities debate the definitions and limitations of e-cigarettes’ growing use, community managers—particularly those who market their properties as “smokefree”— are undergoing due diligence concerning how to respond.
“Most of our properties are smoke-free,” says Scott Wilkerson, CIO, Ginkgo Residential, Charlotte, N.C. “E-cigarettes have not been a problem, so far. The science is still an open question, but they do not produce second-hand smoke or start fires.”
Read the article.
With the average, 250-unit apartment community receiving over 50 packages per day, onsite employees were in danger of going postal. To properly manage the influx of daily deliveries, many apartment management companies are now hiring a thirdparty to provide package concierge services for residents.
Maya Liepa, Senior Property Manager at ParcGrove Apartment Homes, says her Riverstone Residential property eliminated the concierge desk during a renovation phase. However, the leasing office soon had to stop accepting packages for the 402-unit luxury apartment community because the volume was too high to manage.
Read the article.
Effective rents for new leases in the 100 largest U.S. apartment markets grew 3.3 percent during the year ending in Q1 2014, according to MPF Research, an industry-leading, marketing intelligence division of RealPage.
The annual rent growth pace accelerated from levels of 2.9 percent as of Q4 2013 and 2.6 percent as of Q1 2013. Typical pricing for new leases jumped 0.9 percent during the first quarter, specifically.
Skeptics may chuckle and environmentalists may cheer about the prospect of electric cars taking over the roads nationwide in the not too distant future. But when Consumer Reports proclaims that its “Car of the Year” is run by a battery, the public—including apartment residents—will take notice.
Out of necessity or novelty, many owner and managers are creating car-charging stations at their communities, finding that programs are priced more affordably than imagined.
Los Angeles-based owner Linear City Development, in what it says may be a first-of-its-kind deal during its current lease-up period, offers free charging “fill-ups” for the length of every original resident’s lease.
Not since Charles Dickens have we seen such great expectations.
There’s no arguing that today’s student housing residents are entitled. However, they’re also paying customers. During the General Session “2014 Exchange & Engage: Executives, Meet Your Customers” at the 2014 NAA Student Housing Conference & Exposition at the ARIA Las Vegas in March, an executive panel shared their expertise on meeting Millennials in the middle.
Read the article.
A record number of NAA members (372) traveling to Capitol Hill and the continued rollout of a highpowered industry public relations effort highlighted an exciting week of advocacy for the apartment industry at the annual NAA Capitol Conference in March.
A record 700-plus participants, including 150 first-time attendees, enjoyed networking events and presentations that offered insight and a bit of humor about today’s politicallandscape.
Read the article.