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 […]

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 […]

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 […]

Thinking About Investing in an Opportunity Zone? Consider This First

Opportunity Zones is a new buzzworthy concept that has investors’ interest piqued. Areas of the country that have been left behind after the Great Recession have been deemed Opportunity Zones and are now getting a refresh with private capital and development. Now that we have established what Opportunity Zones are, what makes them so attractive to investors? Investing in Opportunity Zones offers federal tax incentives for realizing the capital gains into the opportunity funds, which […]