Guest Blog

Here are important tips to stay well-protected in your apartment before, during and after every possible calamity.

By Patrick S. Simons, Principal, Strategic Property Economics With the recent announcement of an additional $45 billion per month in bond purchases by the Federal Reserve, the U.S. economy, and by extension the prospects for rental apartments, is entering uncharted waters.. Although we track enough economic data points to make one’s head spin, let’s take a look at three of the biggest in order to get a sense for what the future might hold for the apartment industry in the coming year and the years beyond. And, keeping with the cartographic theme, two of the three macroeconomic drivers are geopolitical….

A business development professional must have four qualities: a high standard for ethics, an amazing ability to forecast and carry out plans, impeccable manners and an understanding of the nuances of societal order, and finally plenty of empathy. Kindness to others along with appreciation for what people have done often develops long lasting friendships and loyalty. A person can be a tough negotiator and still be fair and say thank you. The two are not mutually exclusive. Probably no other part of business development is more important than building lasting relationships. As with all segments of doing business honesty and…

Along with an understanding of business ethics and a solid plan, a professional must have polished social behavior and practice the correct decorum in order for business development to shine.

For job seekers and for our clients, how do we advise thinking about “change versus the devil you know?” The multifamily business is clearly in an upswing, so there’s a lot to consider.

This is my inaugural blog for Multi-Housing News. I’ve been writing columns  for awhile, but this is my first ongoing blog. Since this is a new venue for me, I wanted to start with a mission statement on what readers can expect. In the real estate business, we focus on deals, deals, deals. Sometimes we talk about operations and the art of maximizing value in properties and portfolios. But it usually all relates to deals and financial returns. This column will explore a third front—the human capital side of the real estate business with a focus on the multifamily sector….

The days of long range convoluted business plans are over because the world changes too quickly. But, short-range goals and scenario planning will help move a company or person forward.

Business development excellence is based on four main principles: ethics, planning, appearance and appreciation. Part 1.

By Rose McMillan Educating residents about pest mitigation strategiesCreating an integrated pest management strategy (IPM) for any multifamily housing setting requires a collaborative effort by the management company and the residents alike. By establishing a long-term strategy of pest elimination and working to educate the residents in developing their own successful cleaning strategies, the facility can ensure that pests do not become established within the housing units. Effective pest control strategies cannot be successful without the informed participation of the residents. For this reason, the management must ensure that all residents are aware of how best to avoid attracting pests. They…