‘Editor’s Notebook’ with Diana Mosher: Countdown to San Diego

Spotlight on Operations Track A recent assessment...

Spotlight on Operations Track

A recent assessment by the Wharton School shows a dramatic surge in economic losses from natural catastrophes worldwide, up from just over $50 billion in the 1950s to almost $800 billion in the 1990s.

William Gray, a forecaster and the head of the Tropical Meteorology Project at Colorado State University, warns that the probability of a major hurricane striking the U.S. Coast is estimated at 74 percent, compared with the average of 52 percent over the past century.

Recently MHN talked to Michael Payton, senior vice president of CAS Partners Insurance Services, the parent company of apartment manager Riverstone Residential, and others about how to handle the unprecedented risks faced by apartment companies today. Click here to read “Weathering the Risks.”

Severe weather conditions brought on by climate change are cause for concern. But just as worrying to property managers and property owners are the effects of the economic crisis on the resident population.

What impact has the changing economy had on bad debt and overall credit risk? Don’t find out the hard way. Join us in San Diego on Thursday, October 1 for “Screening: Best Practices Ensure Maximum Occupancy and Minimal Bad Debt.”

Click here to see the full Multi-Housing World 2009 Leadership Summit conference schedule. Registration is now open.

A panel of multifamily experts, including Mark Van Tilburg, director of operations, Archon Residential, will discuss the most effective screening strategies—and how they can be optimized to ensure maximum occupancy and minimal bad debt. This session will also explore how credit score trends, rental payment history and criminal database changes impact rental decisions.

Van Tilburg oversees all aspects of corporate operations at Archon Residential, including acquisition due diligence, ancillary revenues, utility programs, energy management, project management, systems implementation, national purchasing and OneSite systems.

David Carner, president LeasingDesk, RealPage Inc. will moderate the panel.

See you in San Diego between September 29-October 1.

Please click here for a video interview with Jay Harris of First Advantage SafeRent about the results of the first quarter 2009 Multifamily Applicant Risk Index.

(Diana Mosher can be contacted at Diana.Mosher@nielsen.com)