Editor’s Note
New Tricks
When it comes to employee training, Camden Property Trust has turned education on its head and done some learning of its own.
A Crossroads
As 2018 begins, we stand at a crossroads. Well into the economic cycle, we should be nearing its inflection point, but it keeps chugging along.
Charging forward
I have to admit to a longtime envy of the amenities offered to many apartment dwellers.
Real Money
A billion here, a billion there, and pretty soon you’re talking real money,” Everett Dirksen once said, and the legendary lion of the Senate would have to admit that $3.4 billion is a nice chunk of change. That’s how much multifamily property owners could save every year through energy efficiency upgrades, according to a 2016 estimate by the American Council for an Energy-Efficient Economy.
Resident Attraction
Multifamily occupancy stood at 95.5 percent at the end of June, according to Yardi Matrix data, with rents continuing to climb, though at a reduced rate from the headier years of the post-recession recovery.
Market Measure
Midway through 2017, the commercial and multifamily markets are characterized by a mix of caution and confidence.
Old-School Values
When I went off to college 40 years ago this September—now there’s a statement that would give anybody pause—my two roommates and I were assigned to a ground-floor dormitory suite that was Spartan, even by 1977 standards.
Twin Rewards
Multifamily professionals can reap the financial benefits of mastering a complex, endlessly evolving business. At the same time, the business is in a unique position to strengthen the fragile fabric of our communities.
Group Effort
Submetering has long been a great tool, enabling multifamily property owners to shift utility expenses to residents based on their consumption.