Coming out of the pandemic, the multifamily industry enjoyed an era of unprecedented rent growth. But the set it and forget it window has decidedly closed. With the rental housing now mired in a period of slow to stagnant rent growth, according to a recent Multi-Housing News report, operators are now forced to look outside their traditional sources to reach revenue goals. Without reliable rent growth margins, organizations are seeking opportuniti ...
High-performing multifamily properties are those that emphasize operational efficiency. Communities don't become well-oiled machines by accident. Property management companies strategically establish efficient operations through calculated practices and implementations, targeting tasks that demand an inordinate amount of manpower. When onsite teams can focus on core functions like leasing, customer service and maintenance, without sacrificing tim ...