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Today’s tenant pool does not containt the usual ’suspects’. Managers need an expanded toolbox and fresh eyes. Recognizing those prospective tenants who have pride of tenancy can dramatically improve a property’s appeal and profits.
Saving energy in apartments requires a true, collaborative effort between management and residents, but can wearing a hat make a difference?
According to the Philadelphia Inquirer, FBR has interpreted the latest mutterings of the Feds and the anticipated actions of Congress as confirmation they will soon relinquish the dream of “homeownership for everyone”. Is it fair if Congress re-directs these energies and funds to the market rate multifamily sector?
There are many property owners in today’s economy who have become landlords through circumstance rather than choice. Some will decide to keep their properties, while others will sell and move on.
The EPA’s WaterSense labeling program has been highly successful, using voluntary compliance and incentives for manufacturers, consumers and homeowners. Recently it added commercial users to its target audience with the first label for a commercial use – flushing urinals.
Commercial buildings and tenants often lead the way in unconventional design. This leadership is evident in the leasing of green commercial and mixed use buildings. The largest and latest Midtown Manhattan lease may be another green indicator for multifamily.
For young adults moving into their first apartment is not only as big as it gets, but a rite of passage. In fact, bravo! Becoming independent is a great accomplishment. As landlords and parents, we know you’ll do fine, but just in case? We hope you will forgive us for offering more advice.
In the second part of our interview, veteran asset manager Will Clark again focuses on multifamily operations and sustainability and shares his expertise and experience with a refreshing candor. His ideas and solutions are practical, profitable and based on a valuable, real world view.
Patrick Kennedy wants to fill those urban locations with eco-friendly, sustainable multifamily housing that is highly energy efficient, dark green and very, very tiny. How tiny? 310 to 340 square foot studios.
With $1.4 billion in venture capital to solar companies in 2009, investors are telegraphing the news that solar energy’s time may be here. PACE financing may (or soon will) be available in your state to finance conversion to solar in your commercial or residential building.
