The formidable apartment rent increase is facilitated by extremely tight vacancy, with tenants competing for record-low volumes of available units in markets across the country.
One of the hottest retail properties attracting sale-leaseback buyers is a drive-through location where you can’t open your window.
Demand for garden-style suburban apartments has never been higher – whether building new or buying an older asset with long-term value
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Apartment operators are fighting to retain and hire talent, and that’s a win for community managers, leasing agents and maintenance technicians. Apartment payrolls have surged by 12.6% in 2021 — lifting the average increase in the COVID-era to 8.9%. By comparison, payrolls grew by an average of 3.2% annually pre-COVID.
While geo-mapping and SEO optimization are apartment marketers’ shiny new toys, going back to the basics can serve managers well.