Earlier this week, the Federal Communications Commission announced a new proposal that could impact existing telecommunication contracts. The FCC has proposed similar changes in the past, but such proposals resulted in immaterial changes in the law. These proposed...
Bulk internet is becoming a hot commodity for property managers. According to research from Parks Associates, 57 percent of property managers and owners for multidwelling units already have bulk internet services in at least one of their properties. Among those...
The global property technology (proptech) market, valued at $26.8 billion in 2022, is projected to catapult to $119.9 billion by 2032. Part of this growth is reflected in shifts in the multifamily housing industry, which include changing resident needs, the influence...
Multifamily property ownership and management require exceptional resident experiences to attract and retain tenants. In today’s competitive market, it’s not enough to simply provide a decent place to live—residents expect to feel comfortable, valued, safe, and truly...
Multifamily property owners are caught in a tidal wave: Not only are expense costs rising, but rent growth is decelerating, making it challenging to drive revenue and keep residents happy. According to Yardi Matrix, multifamily costs have risen in almost every key...
