Today’s property managers are looking at a new market with new realities when it comes to filling their buildings with tenants. For one thing, 36.6 percent of U.S. households currently rent – a higher percentage than at any other time since 1965. For another, nearly... Read More
As we continue our discussion on the shift from high-touch to high-tech in multifamily, it’s impossible to ignore package delivery and the impact it is having. In traditional high-touch buildings, a doorman or concierge is primarily hired to greet residents, announce... Read More
There will be a huge demand for new apartments throughout the next decade. In fact, the industry will have to build at least 4.6 million apartments by 2030 to keep up. The increase is largely due to a set of structural changes occurring in the U.S. economy, including... Read More
The shift from high-touch to high-tech in multifamily housing is the result of development innovations in real estate. It wasn’t until the smartphone, however, that the first truly smart residential building came into existence. Improvements in design and... Read More
For nearly a century, the secret to generating market rents in multifamily real estate was by offering high-touch amenities. These included 24/7 concierge and on-premises services such as house cleaning and maintenance, often requiring staff and investment. However,... Read More
