units October 2023
the Magazine of the National Apartment Association
Breaking Down One Dollar of Rent: 2023
Units MagazinesMonthly rent payments are more than just a transaction between a resident and a rental housing provider. It's a pivotal contribution to the American economy, community growth and the backbone of the rental housing industry. Rent payments directly support 17.5 million jobs. They also finance…
FEATURES
As cooler weather begins, staffing and resident communication may require seasonal changes. It’s also a good time to review budgets with an eye toward next year.
As multifamily companies get…
Knowing a market’s trends and what contributes value are key in improving occupancy, rents and operations.
Location may be everything in real estate, but condition and demographics are close seconds…
Going beyond proptech, owner-operators are upgrading resident-facing systems and devices.
The pandemic helped usher in virtual tours, contactless leasing and software galore, but emerging technology…
IN THIS ISSUE
Smart doorbells are becoming ubiquitous throughout society, including in multifamily housing communities. Residents and property owners alike are now using smart and internet-connected doorbells to…
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Is artificial intelligence the latest iteration of proptech?
The hype surrounding artificial intelligence (AI) is inescapable and yet, in early July, it was widely reported that ChatGPT, the…
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Like many industries, rental housing is struggling to find, train and retain maintenance team members. Proactive organizations are tapping into a diminishing supply of skilled workers through…
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Investopedia has named the Certified Apartment Manager (CAM) credential the best overall property management course for 2023. According to Investopedia, “The Certified Apartment Management Course by…
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The National Apartment Association (NAA) partnered with Thirty Capital Performance Group to break down $1 of rent by analyzing 2022 financial data from over 9,000 federally financed rental properties…
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Squaring Vinyl Floors
Q: I have installed vinyl floor squares several times, but I can’t seem to get it square with the walls. Do you have a procedure on how to start the first tile straight and end…
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Adaptive reuse projects saw a slight decline in 2022, but RentCafe reports the future is strong for apartment conversions. There were just over 10,000 apartments converted in 2022, according to the…
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Sydney Balmer • Regional Director • The Breeden Company • Virginia Beach, Va.
The Breeden Company announced the addition of Sydney…
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Although renewals are a vital component of the leasing lifecycle, operators have long approached them with a less-than-optimized process, one that relies heavily on overextended site teams performing…
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Student housing developers have graded well lately when it comes to performance, and many expect that trend to continue, especially in comparison to many other commercial real estate asset classes…
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