Industry Insider

A weekly newsletter covering a broad range of topics affecting rental housing.

Industry Insider

A weekly newsletter of noteworthy articles pertaining to our industry.

Resident Moves Create Affordability

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The cycle of move-ins and move-outs is adding vacancies and opportunities for more affordable apartments across certain metro areas. A report from the Federal Reserve Bank of Minneapolis illustrates this "cycle of moves" and that "new units help keep current prices down for everyone by opening up…

RKW Residential Expands BTR Portfolio

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RKW Residential is growing its build-to-rent (BTR) portfolio in the Southeast. The company announced it has added 1,400 units to its management portfolio in North Carolina, South Carolina, Georgia and Florida to bring the firm's total to more than 5,000 BTR units under management or consulting. "…

UKAA Rebrands as Association for Rental Living

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The UK Apartment Association (UKAA) is now the Association for Rental Living (ARL). Originally founded in 2016 with the support and affiliation of the National Apartment Association (NAA), ARL's rebrand better aligns itself with the rental sector of its member base, which includes build-to-rent,…

Renter Engagement Visits Midwest, East Coast

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For the third straight month, renters are battling for apartment units in Minneapolis more so than any other metro. According to RentCafe.com, Minneapolis saw the most website engagement in February, up 234% from the previous February. While much of the top 10 is made up of cities in the Midwest…

Miami Most Competitive Rental Market

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Miami is off to a hot start to begin 2024 as RentCafe's most competitive market for renters. The firm reviewed the number of days units were vacant; percentage of occupied apartments; prospective residents competing for an apartment; the percent of renters renewing; and apartment completions. Miami…

Rents on the Rise

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Rents are on the way up for the first time in six months. According to the March 2024 Apartment List National Rent Report, median rent is at $1,377, up 0.2% from the prior month. Rents fell for six straight months from August 2023 to January 2024; however, this follows a seasonal pattern of rents…

NAA Wants to Hear From You

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The National Apartment Association is excited to partner with John Burns Research and Consulting, a trusted source for housing market data and analysis, on its 1Q24 Apartment Developer and Investor Survey.  This survey is designed to improve visibility into aspects of the apartment market…

Standing Strong for the Rental Housing Industry

By Nicole Upano | | Updated

Spurred by the launch of the Biden-Harris Administration’s White House Blueprint for a Renters Bill of Rights (the Blueprint) in January 2023, the National Apartment Association’s (NAA) federal regulatory advocacy work, bolstered by the active engagement of its members, has reached new levels over…

Weather Factors into Rental Housing

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The increased frequency of natural disasters in the country has put many rental units at risk. According to "America's Rental Housing 2024" from the Joint Center for Housing Studies of Harvard University, 18 million occupied units, or 41%, are in locations that can expect "substantial expected…

8 Strategies to Boost Renewals and Enhance Resident Retention

By Ashley Tyndall | | Updated

Retaining residents in multifamily housing is far more than a convenience: It's a strategic and economic advantage. Acquiring a new resident involves costs — advertising, showing spaces and potential vacancy losses — considerably higher than retaining an existing one. Moreover, resident…