Music-Inspired Amenities?
Rent Versus Buy? A recent RentCafe study shows the fastest-growing rent segment to be: high-income earners. Is it a sign of the times? Maybe. These high-income earners are enjoying the flexibility of leases and the ability to live in desirable areas without the commitment of a mortgage. Seattle, Baltimore, and Charlotte have seen the largest […]
Robot Furniture?
[vc_row][vc_column][vc_row_inner][vc_column_inner][vc_column_text] Amazon Hub in New York? There were some rumors flying around last week that Amazon was reconsidering Long Island as a location for its new hub. Considering the hub is slated to bring at least 25k jobs to the city, concern was and is warranted. While it appears that all is a go, some […]
Short Term Rentals are Taking Off
Why Hotel? The short-term rental game is gaining some steam. With more properties being developed, multifamily owners are wanting to take advantage of vacancies. One company, in particular, has created a business model around short-term rentals; WhyHotel. This company will partner up with developers to lease up to 100 empty units. These empty units are […]
Loan Limit Increase for Multifamily Mortgages
MULTIFAMILY REAL ESTATE Loan Limit Increase for Multifamily Mortgages In an effort to provide more capital and liquidity to the small loan marketplace, Fannie Mae is doubling its loan limit. The new small loan limit will be $6 million effective immediately. The ultimate goal is to increase the affordable housing supply. The Gamble is On […]
A Banner Year for Multifamily
Multifamily real estate had a great year 2018 marked a banner year for multifamily real estate. It was actually the best year of the century. The rental market had folks spending more than ever. Freddie and Fannie also made out with commercial and multifamily loans at an all-time high and delinquencies remaining at all time lows. […]
How to Handle Leadership Errors
How to Handle Leadership Errors Your position at work may have you making countless decisions every day. Even if you’re right 100% of the time, there’s ultimately going to be a time when you’re not. Here are a few ways to turn that mistake into an opportunity. Be open to new information: there’s a reason why an […]
Conference Room, Now!
LEADERSHIP Meetings on Meetings… How many meetings do you have during an average work week? How productive are they, really? You’ve likely heard some tips on how to improve meetings… Stay laser-focused on the topic at hand, take notes and put action items into place, yada yada. Shani Harmon from Forbes likens this to health and wellness. We […]
A Walk-On Mentality
LEADERSHIP A Walk-On Mentality 635 days without a win! That all changed last night. Whether you’re a football person or not, you gotta give the Cleveland Browns some credit. Particularly, Baker Mayfield (2018 1st-round draft pick). Quick backstory: Mayfield was a 5’10 high school senior and lightly recruited. He casually walked onto Texas Tech and […]
Obsessive Customer Disorder
MANAGEMENT Amazon’s Secret Sauce Want to know how Jeff Bezos guides his employees in business decisions? The secret sauce of his trillion-dollar company is “obsessive-compulsive focus on the customer as opposed to obsession over the competitor.” ‘Focusing on what their customers need or want has driven many of Amazon’s most profitable business moves.’ For example: Amazon Prime […]
So, About Those TPS Reports
CULTURE Horrible Bosses TPS reports aside, chances are you’ve had a bad boss at one point during your career. A recent study by Life Meets Work found that 56% of Americans claim their boss is mildly or highly toxic. Yikes! Here’s the kicker though: Another study found that employees end up working longer (two years, […]
Do You Pick Up the Tab?
LEADERSHIP Always Pick Up the Tab What does picking up the tab say about you as a leader? Apparently, a lot. The folks at Lead Change Group give us some food for thought (pun intended) on why the company lunch can have a big impact on you as a leader. Next time you take a […]
6 Reasons to Use a Recruitment Agency
6 Reasons to Use a Recruitment Agency Hiring the best candidates for your company is tough. It’s a delicate and open-ended process that can take a toll on your bottom line if the best candidates are not identified and delivered in a timely manner. The trick often lies in not simply finding candidates, but in finding […]
