We know that brand voice is tricky—how do you determine it, and how do you stay consistent? What is the right path to take? Take your own personal brand voice for starters. What everyone really needs is a worksheet. Hard-hitting (but fun) questions to guide a brand into its truest shape. Walk through the various bits and bobs with us—and note how it may shift based on the personal or professional side of things and see how your brand voice can co ...
This is the eighth in a 9-part series of “quick hit” blogs on the quickest way to uncover hidden revenue from leasing based on the presentation Bryan Pierce, Carol Enoch and Donald Davidoff gave at NAA’s 2024 Apartmentalize conference. For our penultimate (yes, I love that word) amenity fail, we turn to floorplan offsets (also called square footage adjustments) that are too high or too low. In our experience, this single fail rep ...
As we approach 2025, the commercial real estate (CRE) sector is staring down the barrel of a massive wave of loan maturities—a challenge compounded by the current high interest rate environment. What does this mean for multifamily investors? Key Takeaways: • $100 Billion+ in Loans Maturing:Approximately 15% of conduit CRE loans may fail to meet refinancing standards, even with rates below 6%. • Sector-Specific Risk:While office spaces face t ...
I am a Deputy Director for a nonprofit organization that provides low-income, sober housing. This is a new job for me (in my first year) and part of my role is Property Manager of our 6 buildings. All six are older buildings (1896 - 1944) so we have lots of ongoing building and facility needs. I'm beginning to feel like we are significantly underestimating our building needs and what it's going to take to maintain them well. This year I've...I am a Deputy Director for a nonprofit organization that provides low-income, sober housing. This is a new job for me (in my first year) and part of my role is Property Manager of our 6 buildings. All six are older buildings (1896 - 1944) so we have lots of ongoing building and facility needs. I'm beginning to feel like we are significantly underestimating our building needs and what it's going to take to maintain them well. This year I've experienced lots of facility issues that seem to be related to deferred maintenance. With that said, I'm trying to get an idea of how many facilities/maintenance workers we should expect to need? I've done some online research but would love feedback on this platform as well. Between the six properties we have approximately 100 units (some are apartments and some are single bedrooms for residents) and approx 75,000 sq ft. Show more
Where does everyone get their work clothes? I’m having a hard time finding good quality clothes. Thanks!
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Short seller Carson Block recently raised alarm bells on the looming crisis in the multifamily sector, specifically in the Sun Belt region. Here's why this "unseen shoe" could drop—and what it means for investors:The Pandemic Bet Gone Wrong • Investors rushed into multifamily properties during the pandemic, banking on work-from-home trends to drive rents in cities like Austin, Tampa, and Nashville. • Many landlords relied on floating-rate loans t ...
Gifts from vendors during holidays. What would you like to receive? In the past, when I was on-site, the vendor would gift my service manager and me alcohol. Now, I'm looking for ideas on what to get each employee that we provide services for.
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Ok ya’ll let’s just blame the brain mush on too much turkey! I need help mathing!
1)What is the formula to figure out how many move-ins you need to move your occupancy up a percentage point? 2) What is the formula to determine occupancy in general? TIA!!
Installment 6 of Rethinking Tech Adoption in Multifamily, From the Inside Out In the first five installments of this blog series, we discussed how to identify the business need, how to gain buy-in from stakeholders, how to determine your budget, the best methods for researching potential tech providers, and the necessary steps for viewing product demos. In this sixth installment, we'll discuss taking action by making the buying decision and estab ...
December is a magical time of year where everything at the mall is glittery, there are new cookie recipes galore and you are practically required to cozy up on the couch with the fluffiest blanket available and watch your favorite holiday movie. (And, yes, Die Hard counts. It's 2024, and we're not going to have that debate anymore. It's not even that great. Give me Home Alone any day.)It's also a great time to ramp up your marketing and let ...
Does anyone use the Brothers brand HVAC systems from Chadwell Supply? Looking for pros and cons from experience.
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Just found out my property is under contract and due diligence starts soon. This is my first time going through this (I’m a community manager)
What are some things I should expect? What are questions I should ask my current company and questions for the new company should they interview me to stay if everything goes as planned?