What Do Landlords Need to Know About Rent Control?

Over the past few months, many states have implemented new rent control policies. Rent control laws work to regulate how much landlords can charge for rent, and also how much rent can be raised within a certain period of time. These laws are designated by individual cities and their goal is to help ensure that housing remains an affordable commodity. As a landlord, it’s imperative to remain informed on all the ins and outs of […]

Modern Warehouse with Worker

3 Ways Big Data and Other Tech Trends are Changing Warehousing

As the pace of innovation races towards never before seen speeds, many industries are being forced to undergo massive changes. The impact of contemporary tech trends have played a huge role in shaping CRE – and the metamorphosis is only just beginning. The industrial sector is one of the areas most affected by big data and tech growth. While these groundbreaking tools help to streamline workflows and increase efficiency, they also come along with their […]

Man Considering How Interest Rates Will Effect Commercial Real Estate

Will Rising Interest Rates Slow Commercial Real Estate?

As interest rates continue to climb, many are curious about what kind of negative effect it will have on the commercial real estate market. Will the climbing interest rate cause CRE transactions to yield less return? How will property values and investment performances fare? Investors are beginning to fear that higher interest rates will result in capitalization rates to rise and property values to decrease, producing lower returns. Let’s take a look at how rising […]

4 Things Industrial Buildings Can Learn from Amenity-Rich Office Buildings

The biggest challenge the industrial sector faces today is retaining employees. If offices are decked out with extravagant amenities and high-end technology, why aren’t warehouses designed with the same type of look in mind? The bottom line is amenities make people want to come to work. For distribution and warehouse centers, it is often difficult to match the appeal of an amenity-rich office building, but here are a few ways industrial buildings can level up. […]

These are the Office Markets with the Largest Operating Expenses

The total operating expenses include all expenses necessary to operate an office property including maintenance, repairs, utilities, cleaning, roads and grounds, administration and security. Let’s take a look at the office markets that boast the largest operating expenses according to Building Owners and Managers Association (BOMA). 1. New York New York tops the list with the highest operating expenses. Cleaning: $3.46/SF Repairs/Maintenance: $3.52/SF Utility: $3.34/SF Security: $1.14/SF Total Operating Expenses: $12.95 Fixed Expenses: $14.98 2. […]

Representation of Multi-Family Apartments or Student Housing

Student Housing: The Recession-Resistant Investment Play?

As the commercial real estate zip line comes to a slowdown, investors are still looking for investment opportunities that will result in healthy ROI. The student housing sector has remained in the eyes of investors as unscathed and recession-proof attracting many to this investment opportunity. Let’s look at a few reasons why student housing is the recession-resistant investment play. Student Housing Performs Better in Downturns Industry experts believe that the student housing sector performs exceptionally […]

These Cities Pledge New Buildings Will be Net-Zero Carbon by 2030

In August of 2018, mayors of 19 major metropolises around the globe, including 8 cities in the United States pledged to be net-zero carbon standard by 2030. These cities signed the “Net-Zero Carbon Building Declaration” in preparation for the Global Climate Action Summit, which took place in San Francisco, California this past September. This declaration pledged that any and all new buildings in these cities will operate at net-zero carbon by 2030. Moreover, by 2050 […]

How will Artificial Intelligence Impact the Multifamily Industry?

Artificial intelligence, A.I.— these terms may sound like something out of an episode of Black Mirror or The Twilight Zone. However, artificial intelligence is a part of our everyday lives. (Think Siri or your Roomba.) Yet, as artificial intelligence continues to evolve, how will this technology impact the multifamily industry from tenant amenities to the way property managers do business? Smarter Units Many homes are equipped with artificial intelligence that helps connect their homes to […]

5 Ways to Get and Implement Resident Feedback in Multifamily

Happy residents and tenants are at the heart of a prosperous multifamily property, and what better way to ensure your tenants are getting exactly what they want than by asking them directly? Getting resident feedback and appropriately analyzing and implementing the results allows for a successfully run property. Some think that asking for feedback can encourage residents to create problems or issues, however, this is not the case. It will make tenants feel more comfortable […]

Property Management Trends

6 Property Management Trends to Keep an Eye on in 2019

As we look ahead for what 2019 has to offer, many real estate professionals, investors, property managers and others who like to keep up with the market may be wondering what trends will we see this year. When it comes to property management, as our culture evolves, so do trends in the property management market. Let’s look at the various trends we will be keeping an eye out for in 2019, and how they can […]