FREE GUIDE
The amenities residents really want have changed
Today’s property managers are facing new realities when it comes to retaining residents: half of all new renters will turnover their lease within one year of moving in, according to the National Center for Housing Management. And with average turnover expenses costing $1,500 per unit, a typical 200-unit building can expect to lose $150,000 in annual gross operating income. So, how do you reduce tenant turnover in this new market? Amenities may be the answer.
Download this 35-page guide to learn the amenities residents really want!
Download the guide now!
Download the guide now!
FREE GUIDE
The amenities residents really want have changed
Today’s property managers are facing new realities when it comes to retaining residents: half of all new renters will turnover their lease within one year of moving in, according to the National Center for Housing Management. And with average turnover expenses costing $1,500 per unit, a typical 200-unit building can expect to lose $150,000 in annual gross operating income. So, how do you reduce tenant turnover in this new market? Amenities may be the answer.
Download this 35-page guide to learn the amenities residents really want!
What property managers are saying…
“When it comes to amenities, it’s all about security and convenience. Today’s tenants want amenities that make their lives easier while still allowing them to feel safe in their own homes.”
Tara Nguyen, property manager at Greystar
“Tenant retention needs to be an obsession for every property manager. They need to ensure that their tenants are satisfied and happy.”
Stacey Arias, ARM®, property manager at Kettler
“Property managers love renter’s markets for obvious reasons: They have an easier time finding renters than they do in a buyer’s market. But to keep them, you have to make them happy.”
Tarah Vela, asset manager at Hines Development
44 W 28th Street
4th Floor
New York, NY 10001
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