units March 2020
the Magazine of the National Apartment Association
2020 Leasing Season: A Preview
Units MagazinesFresh off the surprisingly resilient market of 2019, multifamily operators are ramping up for another brisk peak leasing season in 2020.
"From a leasing perspective, 2019 was an almost unbelievably successful year," says Laurel Hillocks, Area Vice President at King of Prussia, Pa.-based…
FEATURES
BH gets creative with benefits to recruit and retain talent.
Embracing its employees—along with their babies—is a hallmark of BH Management. Visit the offices of this Des Moines, Iowa-based operator…
Apartment owners are still spending money to save water and energy, even though lenders don't offer the same incentives they used to.
Sustainability and resource efficiency are always very important…
The tight labor market leads to some new solutions, including self-guided tours.
Rick Graf has been in the apartment industry for more than 40 years. Yet in all that time in the business, he says, it…
IN THIS ISSUE
Lower unemployment rates, resulting from a booming labor market, have heightened the challenge of keeping onsite staff in apartment communities. The average multifamily community has a 32 percent…
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UNITS Magazine is a full-color trade publication featuring news and newsmakers in the apartment housing industry. Features include interviews of members who are movers and shakers in the…
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1. Refreshing Water
Offering refreshments doesn't have to be expensive, but details do matter. Encourage your prospective residents and residents to up their daily fluid intake with fresh water.…
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Apartment operators have focused for years on implementing technologies that optimize the resident experience.
Solutions such as online portals and mobile apps that allow users to…
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In our next installment of Profiles in Success, a series where NAA talks to successful apartment professionals to learn how they got to where they are, we visit with the sole female on NAA's Board of…
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Milos Kozomora • Vice President of Asset Management • 29th Street Capital • Chicago
Milos Kozomora has joined 29th Street Capital as the Vice President of Asset…
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The apartment industry reached record highs in both deal volume and pricing in 2019, according to Real Capital Analytics. But things would have been even better in the fourth quarter if the New York…
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With an increasing number of challenges facing the evolving multifamily housing industry, there is an ongoing need for relevant solutions for onboarding new technology, finding and retaining onsite…
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At one large SEC school, local officials seek to put a hold on student housing development.
In Auburn, Ala., city officials are concerned about the expansion of student housing and are seeking…
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In San Francisco, there are a number of obstacles to housing production.
San Francisco's housing shortage problem is much larger than market-rate housing, reports Bisnow's Dean Boerner.
"S.F. has…
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For the multifamily housing industry, investing in PropTech seems like a viable hedge against disruption.
Real Estate Technology Ventures (RETV), the first industry-backed, early-stage venture fund…
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Conversations about big data are as common as conversations about pets, family and vacations. Yet, how to leverage big data seemingly remains a big mystery.
Solving that mystery was the goal of the "…
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With the plethora of features smart home technology has to offer, it may appear difficult to keep up.
Property managers must make sure to lay the proper foundation, partly led by the needs and wants…
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Senator Elizabeth Warren (D-Mass.) is seeking to woo the rest of the country amidst a groundswell of support generated for Senator Bernie Sanders (I-Vt.) and South Bend, Ind. Mayor, Pete Buttigieg.…
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On January 28, 2020, the U.S. Department of Housing and Urban Development (HUD) released new guidance to clarify the responsibilities of both rental housing providers and renters concerning…
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Market U.S. rent growth was a solid 3.0 percent in 2019, according to the Yardi Matrix Multifamily Report. Year-over-year growth remained between 3.0 percent and 3.3 percent the entire year.…
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The California Secretary of State's Office announced that enough valid voter signatures were submitted to place the Tenant Protection Act of 2019 before voters this fall.
Led by Michael Weinstein,…
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Cushman & Wakefield saw an opportunity to expand its portfolio of services with the acquisition of Pinnacle.
Commercial real estate powerhouse Cushman & Wakefield (NYSE: CWK) is set to become…
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As smart home tech explodes, apartment firms struggle to manage it.
Marcie Williams is a big proponent of incorporating all the latest smart home technology in her apartments.
As president of…
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During the previous 10 years, many tech innovations transformed from far-fetched ideas to industry standards. For instance, the use of resident portals, mobile apps, review management software and…
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