Connectivity-first design underscores a growing trend in student housing properties: modern residents view digital reliability as essential as electricity or running water. For developers, delivering that expectation is no longer optional; it's a strategic differentiator. This is why IoT and PropTech convergence create an almost immediate impact. When it comes to today's college living, progressive property developers recognize that technology i ...
Generation Z, born 1997 and 2012, accounts for 30.5% of all renters, which has increased 3.5% year-over-year. In fact, adults under 35 (including younger millennials) represent over 50% of the rental population.With continued economic uncertainty, developers and landlords have shifted priorities and are staying cautious with their investment decisions and making efforts with upgrading properties. 35% of landlords expect to spend more than $20,000 ...
Creating smarter homes in multifamily communities is building trust, safety and connection for residents. Amid continued economic uncertainty, including regulatory changes, tariffs, rising utility costs and increases in building materials, property managers and renters alike are both making more concerted efforts to cut back and save. Overall, tenant turnover is down, so how can properties provide additional value? The short answer: multifamily p ...
Last week, the National Multifamily Housing Council hosted its annual Spring Meeting in Chicago where multifamily developers, investors, and financial strategists joined together to discuss the pressing issues impacting the industry. This year's conversations focused on financial and capital market strategies to effectively meet the demand for 4.3 million new apartment units by 2035 (NMHC). The multifamily market continues to face challenges in n ...
