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Are You Ready for Cyber Monday Packages? Camden Is.

 
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NAAHQ   //   December 1, 2015
The Industry Insider
Your Weekly Source for Apartment Housing Industry News and Information
 
Lead Story
Are you ready for cyber Monday packages? Camden is.
A media frenzy took hold when The Wall Street Journal broke news about Camden Properties’ decision to stop receiving packages at its leasing offices. But Kristy Simonette, chief information officer and senior vice president of strategic services, explains that the policy had been in place for months prior to the article and was both well thought out and well communicated to residents. We highlight the deciding factors behind the policy and share residents' reactions.
 
  Top Stories  

INDUSTRY BUZZ

AIRBNB POISED TO ENTER APARTMENT MARKET

As many municipalities work to prevent Airbnb from operating in their districts, the company is in the process of finalizing a new partnership that would increase transparency between the parties involved (i.e., owner, host and guest), give owners greater control over transactions and provide increased revenue sharing. Vice President of Landlord Relationships JaJa Jackson shares details about the plan and presents potential benefits for apartment communities.

SPONSORED CONTENT

WEST ELM: INSPIRE YOUR AUDIENCE WITH A PREMIUM MODEL-HOME EXPERIENCE

The key to leasing an apartment is making prospective tenants feel at home. Our stylists can work with you to decorate any space, from common areas to complete model homes.

 

INDUSTRY BUZZ

HUD SMOKING BAN MAY HAVE UNEXPECTED CONSEQUENCES

The Department of Housing and Urban Development (HUD) has proposed new regulations that would ban smoking inside units and common areas and within 25 feet of housing or a public building. Although the new regulation would save $153 million per year in fire damage and renovations, critics say such savings may come with additional costs and may not fully cover all potential health threats.

 

SPONSORED CONTENT

INFOGRAPHIC: NOW IS THE RIGHT TIME TO RENOVATE

The nation's apartment rental market is at a 20-year high, on track to surpass home ownership over the next 15 years. With more rental options entering the marketplace, apartment communities must update their properties for a competitive edge.

 

MARKET TRENDS

ARE TWO-BEDROOM UNITS BECOMING MORE POPULAR?

Millennials have tended to favor one-bedroom units to take advantage of urban locations and avoid the need for roommates. But as they age, many Millennials start families, increasing the demand for two-bedroom units, which are already accelerating in price.

MARKET TRENDS

WHY MILLENNIALS SEE HOMES AS INVESTMENTS, NOT RESIDENCES

Millennials continue to prefer renting for its flexibility, but are still interested in buying homes as investment properties. Some Millennials are using savings to purchase residences in lower-cost areas as a safer investment, compared with the stock market.

MARKET TRENDS

RENTERS' SAVINGS HABITS REFLECT LONGER-TERM INTERESTS

No matter how stretched their budgets are, renters are still trying to save for big-ticket items. But renters are favoring emergency, retirement and college savings rather than down payments for a primary residence.

  NAA Announcements  
 
2016 NAA Education Conference & Exposition: A Keynote Speaker Everyone Will Buzz About
More than 9,200 industry professionals will descend upon the 2016 NAA Education Conference & Exposition, June 15–18, at the Moscone Center in San Francisco — including former BuzzFeed executive Jonathan Perelman. The keynote speaker will share his experiences and tactics for creating such a viral sensation and discuss how to enhance reach and impact with your own shareable social content.
 
 
Top Reasons to Attend the 2016 NAA Student Housing Conference & Exposition
Stay on top of growing trends, best practices and opportunities at the 2016 NAA Student Housing Conference & Exposition, Feb. 16–17 at the Hyatt Regency in Chicago. In addition to educational seminars and networking opportunities, best-selling author Polly LaBarre will be presenting her success tips on innovating the workplace, increasing accountability and building stronger organizations.
 
 
Help NAA Reach Out to Every Member of Congress
Learn lobbying tips and best practices at the 2016 NAA Capitol Conference, March 8, 2016, and put those skills into practice the following day during the National Apartment Association’s lobby day. NAA aims to visit all 535 voting congressional offices, so come lend your support.
 
 
Determine Proper Benchmarks for Your Budget With the 2015 NAA Income & Expense Survey
Purchase a copy of the 2015 NAA Income & Expense Survey to see how line items, such as dollars per unit, dollars per square foot of rentable area and dollars as a percentage of gross potential rent, compare among properties in your market. A full report including all markets also is available.