Can Virtual Reality Save Retail?
MULTIFAMILY NEWS If you build it, they will come. Florida and the Southeast markets dominated the multifamily sector in Q1. Four markets in Florida ranked among the top 15 in the country. Those include Tampa / St. Petersburg, Orlando, Jacksonville, and South Florida.Why Florida? Sunshine, no state income tax, and a thriving job market appear to top the list. […]
Delayed Marriages are Helping the Multifamily Industry
MULTIFAMILY NEWS WalletHub just released its most liveable capital cities. Ranking factors include affordability, economic well being, quality of education and health, and quality of life.Did you make the list? 10. Des Moines, Iowa 09. Cheyenne Wyoming 08. Denver, Colorado 07. Concord, New Hampshire 06. Bismarck, North Dakota 05. Lincoln, Nebraska 04. Madison, Wisconsin 03. […]
Are You Experienced Focus?
MULTIFAMILY NEWS Are you familiar with Fitwel? Fitwel is the world’s leading certification system that optimizes buildings to support health. The Mckenize, a luxury high-rise in Dallas was just recognized as the first Fitwel multifamily development in Texas. Enhanced ventilation practices, smart lighting, and outdoor spaces are just a few of the criteria for Fitwel. A shift […]
Family Focused Apartments
MULTIFAMILY NEWS Last week, we mentioned that co-living spaces are starting to gain some traction. Family-focused apartments could be the next thing. Tishman Speyer and Common are partnering up to launch family friendly apartments. These apartments will feature common spaces, geared to specific age groups. Child care will be readily available and stroller parking will be a breeze. […]
Power Nap Anyone?
MULTIFAMILY Denver’s largest multifamily transaction in 2.5 years closed last week. A combined 1,023 units sold for $177m to BMC Investments and Oak Coast Properties. Morgan Properties becomes the largest multifamily owner in Pennsylvania Their recent purchase from Lone Star Funds for $890m includes 2,346 units in PA bringing their total unit count to 9,300. Want to […]
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 […]
What Kind of Manager Are You?
Are You a 10-90 Kind of Manager? We’re not talking about a 1090 tax form. We’re talking about a management mentality focusing 10% on work and 90% on people. Clearly, this is not an exact science. It’s all about management balance. While you certainly need a level of technical expertise as a manager, you also need […]
How to Impress Your Boss
Want to Impress the Boss? With over 10 years of experience in managing employees, Nicole Rollender shares 5 tips on impressing your boss. Keep track of everything: If you’re tasked with an assignment from your boss, write it down. If you really want to impress the boss…give them a status update before you’re asked to. Respond quickly: The worst thing […]
How to Make Your Team More Productive
3 Steps to Quick Decisions Let’s face it, making decisions on the fly is part of life. We only have so many hours in a day, so it’s important to be decisive. Here are 3 things to try to make decisions faster: Practice: Good decision making takes time and practice. When you’re tasked with your next big […]
Does it Matter What You Wear to Work?
Does Dressing for Success Work? That’s a loaded question. Some positions require you wear a suit to work. Other positions are cool with you rockin’ whatever makes you feel comfortable and productive. Is it time for you to revisit your dress code? If you’re a remote company, you’re in the clear. (Pro tip for remote […]
Hiring, Attracting and Retaining Employees
Hiring, Attracting and Retaining Employees If it were only as simple as typing it out, unfortunately, it’s not. Hiring, attracting and retaining employees requires a lot of effort. Whether you have a dedicated HR team or you’re a 10 employee outfit, the challenges remain the same. Lisa (Shroyer) Pyle was recently featured on the Self-Storage […]
