Has months of multifamily asset vacancy created a significant cash flow issue? By Christina Simms; Contribution by Rick Burkhalter Globe St.’s recent article, Apartment Market Deteriorating According to New Data, has brought to light that the unprecedented apartment growth in the multifamily industry may be coming to a halt, according to research recently done by […]
Is your student housing leasing team ready to sell when students return to campus? Hesitation from student residents and the fallout from the pandemic may have some student housing leasing teams unprepared and missing out. Here are some tips on how to better prepare your on-site team for better leasing results. By Christina Simms, Contribution […]
By Christina Simms, Contribution by Rick Burkhalter A year of economic challenges and shifts in fiscal dynamics is sure to have lasting repercussions on multifamily properties. It is an anniversary we do not necessarily want to celebrate. The COVID pandemic has lasted nearly a year in the U.S. but eventually it will ease and thankfully […]
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 […]
If you are in the world of Student Housing, you are competing with more than 50,000 new beds that are hitting the market right now. If you’re like most Student Housing owners/managers, your margin for error has gotten smaller with the addition of those new beds which has created a shift in how your properties are now positioned. With more people vying for a piece of the pie, you need to do everything you can to get students in to see your property AND sign a lease.