New Tech Tools to Improve Property Management
A look at the systems that are improving operations in a range of areas, from leasing and resident retention to maintenance and beyond.
Up the Amenity Ante
In the race to keep up with residents’ demands, developers can’t afford to stop for breath. Expectations are high for further advancements, especially among recent college graduates.
Read the November Digital Issue of MHN
The November issue focuses on technology, including a look at residents’ newest demands and the tools that can help property managers better operate their properties. We also feature the platinum and gold winners of the 2017 Excellence Awards and our ranking of this year’s Top 50 Property Owners, plus the NMHC’s evaluation of five big trends in student housing.
Charging forward
I have to admit to a longtime envy of the amenities offered to many apartment dwellers.
Transactions: November 2017
The following is a list of transactions that were announced between April 24 and Aug. 26, 2017.
Sacramento Market Maintains Robust Rent Growth
While investment activity has slightly tempered in the city, property values have skyrocketed, boosting average per-unit prices to $160,000. New supply remains limited, as only 900 units will be added to the market in 2017.
Detroit’s Slow Acceleration
The metro is on the verge of an economic turnaround, largely due to its broad-based employment growth. This restoration is reflected in the local multifamily market’s improving fundamentals, as well.
Albuquerque: Duke City Strives to End Woes
The metro has one of the highest unemployment rates in the nation and moderate population growth, yet its real estate fundamentals continue to lag those of neighboring areas.
Broad-Based Employment Fuels Demand in Indianapolis
Indianapolis is among the nation’s top cities for finding and maintaining a job, as evidenced in a new study compiled by job search website Glassdoor.
Job Growth Keeps Market Steady in Miami
The metro’s economic profile is diverse, but education and health services; leisure and hospitality; and trade, transportation and utilities continue to drive employment.