Get Connected!
Join the world's largest professional social network for the apartment industry!
Hey, did you know that the last time the Knicks were in the NBA Finals was in 1999? It's a BIG DEAL, at least to New Yorkers, that they're in the finals this year. Did you also know that the average ticket to Game 3 was $7,683, according to ESPN?Yeah, I'm not going to any of the games, either. (Which is a real bummer, because I love hot dogs and celebrities, and I look amazing in blue and orange.)Luckily, watch parties are a great way to enjoy th ...
When analyzing residential real estate, most people focus on population growth, migration trends, inventory levels, and affordability.But one of the most overlooked indicators is the Homestead Property Ratio, the percentage of a county's taxable value represented by homesteaded primary residences.In simple terms, it provides insight into where homeowners not investors, second-home owners, or commercial property owners, make up the largest share o ...
Hey Rick! Long answer coming your way...It's a bit of a mixed bag, but matching an apartment community's name to its street address usually does less for you than people expect — and the Google-ranking argument for it is softer than most assume.The w
Google May 2026 Core Update Quick Facts
Here are the most important things that we know right now in short form:
Name: Google May 2026 Broad Core Update
Launched: May 21, 2026 at around 11:43 am ET
Completed: June 2, 2026 (12 day roll out)
Targets: It looks at all types of content
Penalty: It...
Read More...
Most mortgage professionals are still using AI like an upgraded search engine.
They ask a question, get an answer, and move on.
The real value isn't in finding the best platform. It's in knowing which platform to use for which job.
We already think this way in lending. A DSCR loan, SBA loan, bridge loan, and stabilized multifamily refinance all solve different problems. AI is no different.
In my own business:
• ChatGPT helps me review grammar,...
Show more
AI, Accuracy & the New Bar of Service Is "At least they got it right" the new highlight of customer service?The bar may have officially dropped.Consumers everywhere have quietly adjusted to average experiences. Accuracy now feels like excellence. Warmth, connection, and genuine service are becoming rare. And AI is accelerating that shift.McDonald's testing of its AI drive‑thru system, ArchIQ ("Archy"), which will be replacing drive through at ...
You are agreeing to the same price year round, which means in the heavy months of Spring or Summer, it costs them more time, payroll, materials etc. versus in the off months when the weather is more dry they can recoup their costs.
This is pretty simple mathematics.
Otherwise you'd be paying a...
Read More...
We know you probably aren’t paying your workers since they aren’t working …?
Read More...
But for both you and Donna, the heat has nothing to do with the monthly billing….
Stacey, this is great information and so important. Thanks for your tips! Wondering what you think about property names that feature their address?
Walk through any high-supply apartment market today, and the landscape looks remarkably identical. Banners draped over construction fences, bold text on ILS listings, and website pop-ups all scream the same phrase: One Month Free. According to recent data from Zillow, apartment concessions have hit an all-time high, with over 37% of active U.S. rental listings offering some form of incentive. In heavily supplied submarkets like Denver, Charlotte ...
What the Multifamily Market Is Actually Telling Lenders in 2026
Multifamily fundamentals remain resilient, but the transaction recovery many expected in 2026 still hasn't arrived.
National rents increased in May and occupancy remains relatively stable, yet transaction volume is down 10.7% year-over-year. The issue isn't a lack of capital, multifamily continues to attract more investment dollars than any other CRE asset class. The challenge is...
Show more
are stress-testing to 7% debt and the actual operating reality of a 1990s asset.
When you rebuild the expense model line-by-line and layer in real debt costs, a lot of 2021-2022 acquisitions are underwater. Sellers
can't move at today's pricing without taking a loss. Buyers won't pay yesterday's basis when the returns don't clear.
That's not stubbornness. That's math.
inflation.
The sponsors who are surviving today aren't lucky. They're the ones who underwrote to 6-6.5% debt even when they were getting 4%, and
modeled expenses conservatively enough that inflation didn't blow up their NOI.
The deals that are stuck aren't stuck because rates changed. They're stuck because they only worked at the exact conditions they closed
in — which means the margin wasn't really there to begin with.
Interest rates and inflation didn't break good deals. They exposed the ones that were penciled too tight.
You're there when it happens. After months of hard work toward a goal that once seemed out of reach, everyone lets out a shared sigh. Someone pours sparkling water into plastic cups. Someone else prints the final report and puts it on the table. Your director clicks to the next slide, and momentarily you expect a thank-you. Instead, new targets show up, even bigger and harder. The woman next to you sets her cup down quietly, almost afraid t ...
We talk a lot about scaling in multifamily. More doors, more markets, more properties. But what we don't talk about nearly enough is what can break down when you try to do that on a stack of disconnected systems.The Fortress OS team put something in writing that I think a lot of operators know in their gut, but we haven't yet fully named. Growth doesn't slow you down. Fragmentation does. You can add a property and suddenly have leases in one plac ...
Is anyone else seeing a trend lately where ownership and management companies are significantly reducing onsite office staff to cut payroll costs?
I’ve been with my company for several years, and they’re proposing to reduce our office team from six people down to just three at a 600+ unit...
Read More...
-
Event starts in:
-
15 JulOnline! -
22 JulOnline!
