Don’t let negative leverage and operational softness stifle the value of your multifamily property. Multifamily real estate investment has long been considered a lucrative venture, offering investors the opportunity for steady cash flow and long-term appreciation. However, like any investment, it comes with its set of challenges. This article delves into the issues surrounding multifamily […]
As the demand for student housing continues to rise, property owners should be constantly seeking ways to enhance the living experience for students and break away from the competition. According to Multifamily Housing News, by “March 2023, the preleasing rate for the fall 2023 term at Yardi 200 universities stood at 69.7%, up 7.8% yoy.” […]
Regarding that student property at the bottom of your leasing progress report, ask yourself this – how will the leasing pace increase when you’re doing the same things all the other properties are doing? Same marketing, same pricing, same specials, same gimmicks. How will you get more than just “your share” of the available students? Maybe things are going […]
Can you relate to what this client told us: “By the end of June we had spent nearly $80,000 in advertising costs. Incentives? You name it, we did it. I started thinking about how critical every lease was to this community and because of its location, we really needed consultants that could sell over the […]
If you own a Class A property, chances are you’ve already seen this article in The Wall Street Journal warning about the Luxury Apartment bust on the horizon. In fact, I’m guessing I’m not the first person sending it to you. I will, however, bet that I am the first person telling you that you […]
