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Opportunities and strategies for multifamily apartment companies to leverage the power of social media.
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Multifamily Operators Who Fail to Continue Green, IT investments will likely lose out on Gen Y Renters
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Will renters pay for green? That's becoming one of the most-asked questions in the apartment industry. And so far, most apartment owners aren’t answering yes. It’s more like “I don’t know.”
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Multifamily firms are working harder than ever to lock in renewals, due in large part to downward pressure on rents for new leases and weaker occupancies. Seasoned property management vets from progressive multifamily firms say there are plenty of tools to keep loyal residents happy and coming back...
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As more and more condo owners and developers across the country fall into bankruptcy, their associations are suffering right along with them.
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The Maison-Grande Condominium in Miami Beach, Fla., kept getting fines from the local government for various code violations. Its garage, carpets, air conditioning system, sprinkler system, and roof all required attention, but the association said it couldn’t address any of these issues because it...
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MULTIFAMILY EXECUTIVE Senior Editor Chris Wood rounds up interesting and intriguing news tidbits. This week: the nightlife issue with last calls for alcohol and roof-top summer concerts, plus bonus roof-top coverage with advice on dealing with ladder lunatics and bats in the belfry.
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When residents come into certain leasing offices for Mid-America Apartment Communities, they're not always sold on renewing their lease. To entice them, the Memphis, Tenn.-based REIT isn’t offering a few dollars off the rent or throwing in a DVD player upon renewal; its offering an upgraded unit.
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For multifamily operators looking to power up adoption of technology or searching for broader, more exciting exposure to renters searching for apartments online, recent industry successes suggest that contests and promotions point the way towards greater participation in programs and initiatives...
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Multifamily companies find renters digging in on renewals as they struggle to entice residents to stay put.
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An increasing number of property owners want to ban smoking but on their own terms. New resources can help them do so.
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With property-specific social networks, multifamily owners can build community. But what are the risks?
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Multifamily firms tune in to the potential of Internet protocol television.
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Can the laundry room make a comeback as a socially activated common area
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At multifamily properties, the first stop is often the community recreation areas. These are an important amenity for almost all residents, whether they're families with small children, single professionals, or older adults living on fixed-incomes.
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On and off base, multifamily executives adjust to the new face of military housing.
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Developed by Boston-based Beacon Communities, Veridian Village will offer 129 units across the street from Hampshire College's main campus. The project will be closely connected with the area's five universities—University of Massachusetts-Amherst, Amherst College, Mount Holyoke College, Smith...
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What are your top tips for designing an apartment clubhouse?
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When the Morgan Group started installing WiFi access points in the common areas of its club houses and pools four years ago, it was slightly ahead of its residents in providing the amenity.
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In today's PowerPoint world, the architect's presentation proved to be surprisingly low-tech. Instead of logging onto a laptop, he turned to a sheaf of transparencies, carefully placing each one on the slide projector. They deserved the care. With their faded black backgrounds and black-and-white...