units January 2024
the Magazine of the National Apartment Association
Inform, Educate & Advocate: Meet NAA’s 2024 Chair, Rick Snyder, CPM
Units MagazinesSan Diego, the city that bathes in year-round sunshine, boasts a temperate climate and offers ready access to picturesque beaches and majestic mountains, is often seen as a dream destination for tourists. But what makes it a perfect place to call home? Rick Snyder, CPM, the 2024 NAA Chair of the…
FEATURES
Overview
Insurance, insurance, insurance: it dominated discussions of the apartment industry in 2022 and 2023, but evidenced by data in this report, the financial pain of operating apartments did…
The year 2023 was one of ups and downs for the U.S. economy. By most measures, and certainly official ones, the U.S. did not slide into a recession. Growth slowed then accelerated, the labor market…
Rental housing executives hopeful for a prosperous 2024.
Nearly four years out from the start of the pandemic in the U.S. and so much has changed, so little has as well. The cost of doing business…
IN THIS ISSUE
The October Maintenance Legends are here: Leaderboard winner Tegan Hyer of the Idaho Apartment Association and IPG; and panel winners LaShawn Dickson of the Charleston Apartment Association and…
Read MoreFraud in the rental housing industry continues to affect businesses and professionals. According to a new survey of National Apartment Association (NAA) and National Multifamily Housing Council (NHMC…
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On January 18, 2024, the U.S. House and Senate passed a temporary extension of government funding until March to avoid a government shutdown. Additionally, Ways and Means Committee Chairman…
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CPI, Latest Release, December 2023
Inflation came in higher than expected, rising 3.3% year-over-year (seasonally adjusted) and 0.3% over the month, compared with consensus forecasts of…
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The 2024 Apartment Housing Outlook provides in-depth insight into the industry from two standpoints: Economic perspectives and an overview of the apartment sector. Uncover 10 facts you may not…
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The apartment industry is constantly evolving, with design playing a pivotal role in shaping residents' living experiences. As we enter 2024, several key design trends are emerging, driven by…
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As the White House Blueprint for a Renters Bill of Rights reaches its first anniversary, the National Apartment Association (NAA) remains hard at work responding to the regulatory actions that have…
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What we’re seeing
A trend in cities and states across the country is on the rise: Lawmakers are trying to mandate that private rental housing providers participate in the Section 8 Housing…
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Rent regulations and other rent-controlling factors have the opposite impacts of their intended purposes. An updated study from the National Multifamily Housing Council (NMHC) shows rent control…
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Apartment supply is at a historic level following a large delivery of completions in 2023. Supply hit a 36-year high, according to RealPage Analytics, with 440,000 units completed last year. However…
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More than 55,000 office-to-apartment units are expected to be created in 2024. This is up 10,000 units from 2023, according to new research from RentCafe. And while the level is a record, the margin…
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Undoubtedly, the past year featured record attention on rental housing policy at all levels of government, especially nationally. From the halls of Congress to numerous executive branch agencies,…
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Presented at NAA’s Assembly of Delegates, two industry professionals were recognized for their work and efforts to support rental housing.
The National Apartment Association (NAA) has announced Kirk…
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Thriving careers in the rental housing industry.
In an era where a college degree often seems like the key to professional success, the apartment industry stands as a shining example of…
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April Royal • Vice President of Property Management • Birchstone Residential • …
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Q: I have a building with studio units that sport modern LED pot lights in the ceiling. The issue I’m having is the color of the lighting—the lights are warm yellow and take away from the modern feel…
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Each fall, the National Apartment Association (NAA) recognizes the U.S. rental housing industry’s top grassroots advocate. This award, named after former recipient and tireless advocate Malcolm N.…
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The National Apartment Association installed its officers and board for 2024 during the Assembly of Delegates meeting.
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Resources are available to help rental housing operators responsibly increase their pet-friendliness and potentially reap the significant rewards.
In the not-too-distant past, simply allowing pets at…
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Resident screening is a topic at the forefront of the rental housing market. The White House Blueprint for a Renters Bill of Rights, released in January 2023, names it as a primary component in…
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