units November 2021

the Magazine of the National Apartment Association

Pandemic Squeezes Apartment Firms’ Bottom Lines

Units Magazines

Despite a strong recovery taking hold in 2021 among professionally managed and maintained properties, the 2021 NAA Survey of Income and Expenses in Rental Apartment Communities, based on 2020 financials, revealed just how hard the industry was hit across most income and expense categories.

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FEATURES

The focus on Environmental, Social and Governance (ESG) is having an effect on investing in and insuring multifamily communities. Although the basic concept of ESG seems warm and fuzzy, it’s also now…
Amid rising rents and tightening occupancy, operators see a hybrid future. On a national level at least, the numbers say the apartment market took off over the summer. Just look at the July figures…
Operators with forward-thinking policies share their experiences. For decades, pet processes were something of an afterthought within the policies governing rental housing communities. They weren’t…

IN THIS ISSUE

Through recessions, wars and now a pandemic, Edward Rose & Sons stands the test of time in 100th year. It’s not often businesses make it out of their infancy, and it’s even less likely companies…
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Hayes, a property management student at Virginia Tech and a summer intern for Edward Rose & Sons, offers a look at how students of the RPM discipline begin their onsite experience in the industry…
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NAA’s 2021 Income & Expense Survey (IES) revealed how hard the apartment industry was hit across income and expense categories in 2020 despite the strong recovery apparent in 2021. Total revenue…
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Q: What is a cost-effective way to clean concrete driveways, sidewalks and pool areas?  A: There are a few things you can do to help clean up the concrete. Oil stains can be spot treated with…
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Ben Flood   •   Director of Land Development and Civil Engineering, Production   •  Bonaventure   •   Alexandria, Virginia Ben Flood has joined…
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Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Vantage at Powdersville, a 288-unit multifamily asset in Greenville, S.C. The three-story, garden-style…
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The National Apartment Association is thrilled to announce the hiring of Pam Weber as Vice President of the National Apartment Association Education Institute (NAAEI), and Josh Gold, CAE, CMP, as…
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