Evaluating Multifamily Laundry Room Equipment Leases Since the laundry room serves as a profit center for most multifamily properties, signing a new laundry room equipment lease is an important decision. Signing a lease with unfavorable terms, surprise fees, or hidden costs can directly impact a property’s finances. This is why property managers must closely Read more about Evaluating Multifamily Laundry Room Equipment Leases[…]
Benefits Of Amazon Apartment Lockers While multifamily properties have been addressing the rapid rise in package deliveries for years, a quality solution residents love is now more important than ever. This is because the global pandemic accelerated e-commerce growth in 2020 like no year prior. According to Digital Commerce 360, e-commerce sales rose 44.1% Read more about Benefits Of Amazon Apartment Lockers At Multifamily Properties[…]
What to Expect When Adding Valet Trash Service at an Apartment Complex Adding valet trash service at an apartment complex is a significant change from traditional waste management services and practices. This is true for both residents and property managers. While it is a luxury service focused on convenience, it is a disruption to Read more about What To Expect When Adding Valet Trash Service At An Apartment Complex[…]
U.S. Electric Vehicle Sales to Hit 500,000 Units in 2025 Sales of battery powered Electric Vehicles (EV’s) in the United States have grown from roughly 75,000 vehicles in 2015 to 180,000 in 2020. Statista projects more than 481,000 battery powered EV’s will be sold in 2025. As a result, demand for commercial EV charging stations Read more about Benefits of Commercial EV Charging Stations[…]
Valet Trash Popularity Surges Amid COVID-19 Pandemic While the popularity of valet trash has always been debated, it has won many new fans during the COVID-19 Pandemic. This is because it solved two unforeseen waste management challenges at multifamily properties. As residents were locked down and continue to spend more time at home, the volume Read more about Popularity of Valet Trash Surges Amid COVID-19 Pandemic[…]
Valet Trash Service Locator Valet trash, or doorstep trash collection, burst onto the scene almost 20 years and has grown in popularity every since. As a result, valet trash providers and franchises popped up all around the country. While many provide great service, many do not. Consequently, many property managers have been burned by Read more about Valet Trash Service Locator[…]
Valet Trash Myths vs. Facts During the last 10 years, valet trash services gained rapid popularity and market penetration. As a result, facts about the popularity of valet trash have permeated online. In many cases, service providers are citing facts to validate the service with little supporting evidence. Property Manager Insider explored the truthfulness Read more about Valet Trash Myths vs. Facts[…]
Coworking Spaces for Multifamily Properties In 2020, more people work remotely than ever before. Since 2005, the number of professionals in the United States who work remotely more than 50% of the time has grown 159% to 4.7 million people. These numbers increase significantly when free lance workers and professionals who work remotely less Read more about Coworking Spaces for Multifamily Properties[…]
Aligning CapEx Projects To Apartment Amenity Trends As a result of the strong economy, more and more apartment owners are investing in capital improvements, also commonly called CapEx Projects. In many cases, these projects are necessary to extend the useful life of the building, but do not truly improve the property for residents. Even Read more about Aligning CapEx Projects To Apartment Amenity Trends[…]
What Does Connectivity Mean For Multifamily Properties? In general, connectivity refers to mobile phone signal strength and internet speeds. Since internet connected devices have become a part of daily life for multifamily residents, so has the importance of strong connections. In fact, connectivity is one of the biggest factors impacting leasing decisions. According to Read more about 8 Important Connectivity Stats For Multifamily Properties[…]