Multifamily Chronicles’ Post

𝐅𝐫𝐨𝐦 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐁𝐚𝐧𝐤𝐢𝐧𝐠 𝐭𝐨 𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐢𝐳𝐢𝐧𝐠 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 In our recent episode of the Multifamily X Podcasts, we had the pleasure of speaking with Cyrus Claffey, founder of ButterflyMX, about the transformative impact of smart access technology in the multifamily industry. Cyrus shared his journey from Wall Street to launch a game-changing platform that simplifies building access, and we discussed how this technology is reshaping property management. 𝐇𝐞𝐫𝐞 𝐚𝐫𝐞 𝐬𝐨𝐦𝐞 𝐤𝐞𝐲 𝐭𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬: ✅ 𝐒𝐦𝐚𝐫𝐭 𝐀𝐜𝐜𝐞𝐬𝐬 𝐚𝐬 𝐚 𝐆𝐚𝐦𝐞 𝐂𝐡𝐚𝐧𝐠𝐞𝐫: Cyrus explained how smart access isn't just about security—it's about creating a seamless, consumer-centric experience. By leveraging cloud-based access control, properties can significantly reduce capital costs and ongoing maintenance expenses, while providing a modern, mobile-driven experience for residents. ✅ 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 𝐓𝐡𝐫𝐨𝐮𝐠𝐡 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲: One of the most exciting aspects of ButterflyMX is its ability to automate and streamline daily tasks. From handling service requests to managing vendor access, smart access technology frees up valuable time for property managers, allowing them to focus on higher-value activities. ✅ 𝐂𝐞𝐧𝐭𝐫𝐚𝐥𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐌𝐮𝐥𝐭𝐢𝐟𝐚𝐦𝐢𝐥𝐲: We also delved into the growing trend of centralization in property management. With the labor market tightening, centralization offers a way to manage multiple properties more efficiently, and smart access technology plays a critical role in making this possible. ✅ 𝐋𝐨𝐨𝐤𝐢𝐧𝐠 𝐀𝐡𝐞𝐚𝐝: Cyrus teased some exciting developments on the horizon, including the launch of integrated camera systems and enhanced AI-driven workflows that promise to further revolutionize property management. Special thanks to our sponsors, Kairos Water and Coastal Painting Contractors Inc, for making this episode possible. Catch the full episode for more insights and practical advice on how to stay ahead in this competitive market. 𝐓𝐡𝐞 𝐥𝐢𝐧𝐤 𝐢𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐜𝐨𝐦𝐦𝐞𝐧𝐭𝐬 𝐛𝐞𝐥𝐨𝐰. 👇

𝐅𝐫𝐨𝐦 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐁𝐚𝐧𝐤𝐢𝐧𝐠 𝐭𝐨 𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐢𝐳𝐢𝐧𝐠 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 In our recent episode of the Multifamily X Podcasts, we had the pleasure of speaking with Cyrus Claffey, founder of ButterflyMX, about the transformative impact of smart access technology in the multifamily industry. Cyrus shared his journey from Wall Street to launch a game-changing platform that simplifies building access, and we discussed how this technology is reshaping property management. Here are some key takeaways: ✅ 𝐒𝐦𝐚𝐫𝐭 𝐀𝐜𝐜𝐞𝐬𝐬 𝐚𝐬 𝐚 𝐆𝐚𝐦𝐞 𝐂𝐡𝐚𝐧𝐠𝐞𝐫: Cyrus explained how smart access isn't just about security—it's about creating a seamless, consumer-centric experience. By leveraging cloud-based access control, properties can significantly reduce capital costs and ongoing maintenance expenses, while providing a modern, mobile-driven experience for residents. ✅ 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 𝐓𝐡𝐫𝐨𝐮𝐠𝐡 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲: One of the most exciting aspects of ButterflyMX is its ability to automate and streamline daily tasks. From handling service requests to managing vendor access, smart access technology frees up valuable time for property managers, allowing them to focus on higher-value activities. ✅ 𝐂𝐞𝐧𝐭𝐫𝐚𝐥𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐌𝐮𝐥𝐭𝐢𝐟𝐚𝐦𝐢𝐥𝐲: We also delved into the growing trend of centralization in property management. With the labor market tightening, centralization offers a way to manage multiple properties more efficiently, and smart access technology plays a critical role in making this possible. ✅ 𝐋𝐨𝐨𝐤𝐢𝐧𝐠 𝐀𝐡𝐞𝐚𝐝: Cyrus teased some exciting developments on the horizon, including the launch of integrated camera systems and enhanced AI-driven workflows that promise to further revolutionize property management. As the multifamily industry continues to evolve, it's clear that smart technology will play a central role in driving efficiency, improving resident satisfaction, and ultimately boosting NOI. Catch the full episode for more insights and practical advice on how to stay ahead in this competitive market. 𝐓𝐡𝐞 𝐥𝐢𝐧𝐤 𝐢𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐜𝐨𝐦𝐦𝐞𝐧𝐭𝐬 𝐛𝐞𝐥𝐨𝐰. 👇

𝐅𝐫𝐨𝐦 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐁𝐚𝐧𝐤𝐢𝐧𝐠 𝐭𝐨 𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐢𝐳𝐢𝐧𝐠 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 In our recent episode of the Multifamily X Podcasts, I had the pleasure of speaking with Cyrus Claffey, founder of ButterflyMX, about the transformative impact of smart access technology in the multifamily industry. Cyrus shared his journey from Wall Street to launch a game-changing platform that simplifies building access, and we discussed how this technology is reshaping property management. 𝐇𝐞𝐫𝐞 𝐚𝐫𝐞 𝐬𝐨𝐦𝐞 𝐤𝐞𝐲 𝐭𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬: ✅ 𝐒𝐦𝐚𝐫𝐭 𝐀𝐜𝐜𝐞𝐬𝐬 𝐚𝐬 𝐚 𝐆𝐚𝐦𝐞 𝐂𝐡𝐚𝐧𝐠𝐞𝐫: Cyrus explained how smart access isn't just about security—it's about creating a seamless, consumer-centric experience. By leveraging cloud-based access control, properties can significantly reduce capital costs and ongoing maintenance expenses, while providing a modern, mobile-driven experience for residents. ✅ 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 𝐓𝐡𝐫𝐨𝐮𝐠𝐡 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲: One of the most exciting aspects of ButterflyMX is its ability to automate and streamline daily tasks. From handling service requests to managing vendor access, smart access technology frees up valuable time for property managers, allowing them to focus on higher-value activities. ✅ 𝐂𝐞𝐧𝐭𝐫𝐚𝐥𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐌𝐮𝐥𝐭𝐢𝐟𝐚𝐦𝐢𝐥𝐲: We also delved into the growing trend of centralization in property management. With the labor market tightening, centralization offers a way to manage multiple properties more efficiently, and smart access technology plays a critical role in making this possible. ✅ 𝐋𝐨𝐨𝐤𝐢𝐧𝐠 𝐀𝐡𝐞𝐚𝐝: Cyrus teased some exciting developments on the horizon, including the launch of integrated camera systems and enhanced AI-driven workflows that promise to further revolutionize property management. As the multifamily industry continues to evolve, it's clear that smart technology will play a central role in driving efficiency, improving resident satisfaction, and ultimately boosting NOI. Special thanks to our sponsors Kairos Water and AppWork, for making this episode possible. Catch the full episode for more insights and practical advice on how to stay ahead in this competitive market. The link is in the comments below. 👇

If you missed the latest episode of The Multifamily Hangout Podcast featuring Jeff Kaloupek, the Chief Operating Officer at Middle Street Partners, LLC last week, you can catch up on the conversation Chris Moreno and I had with Jeff last week here. In this episode, Jeff shares his journey from James Madison University to leading operations at Middle Street Partners. He dives deep into the importance of getting into the office to accelerate your career, the challenges of scaling portfolios, and the impact of effective leadership in multifamily real estate. Key Highlights: ✅ The importance of early career professionals getting face-to-face time in the office to learn from decision-makers. ✅ Insights into the current market trends and how Middle Street Partners navigates the challenges of the industry. ✅ The value of mentorship, being coachable, and the importance of building a strong professional network. ✅ Exciting developments at Middle Street Partners, including their new project in Midtown Atlanta. Jeff’s candid sharing of his experiences and the valuable lessons he has learned over the years makes this episode a must-listen for anyone in the multifamily space. This podcast is brought to you by @Kairos Water and GPS Roof Leak Repair. If you prefer to listen to the episode on your favorite podcast app, look for the links in the comments 👇 https://lnkd.in/ed77dsGc

Our hosts Adrian C Danila CAPS, CAMT and Lori Agudo, CAM®, NAAEI Faculty and had Jaren Bradley, founder of Multifamily Consultants as guest on the episode 99 of Multifamily Chronicles podcast last week. In this insightful conversation, Jaren shared his journey in multifamily operations, from starting as a leasing consultant to founding his own consulting firm. Here are the main takeaways fro our conversation: ✅ Striking the Balance: Centralization offers efficiency, but preserving the human touch is vital, especially in customer-facing roles like maintenance and customer service. ✅ Internal Growth Matters: Jaren advocates for promoting from within, fostering a culture of growth and development, and identifying talent through referrals and observation. ✅ Stress Management and Balance: Jaren shares practical tips for managing stress and maintaining work-life balance, emphasizing the importance of self-care and time management. ✅ Creating a Lasting Impact: Leaving a positive legacy in the industry involves motivating, training, and empowering others, echoing Jaren's passion for making a meaningful difference. ✅ Human-Centric Solutions: Despite advancements in technology, human presence remains indispensable in roles like maintenance, ensuring immediate on-site response to emergencies. ✅ Personal Reflections and Mentorship: Jaren draws inspiration from family, mentors, and colleagues, offering mentorship and guidance to others seeking growth in property management. Check out the full episode to dive deeper into this conversation filled with insights and strategies for success . If you haven't done it yet, please hit that "Follow" button on this page and subscribe to the Multifamily X YouTube channel to get the latest updates from the Multifamily X and Multifamily Chronicles podcasts-link in the comments. 👇 You can also find most Multifamily Chronicles episodes on your favorite podcast platform. https://lnkd.in/e3MjSmHg

Excited to share this episode of 'Taking the Leap into Commercial Real Estate' featuring Jered Sturm, Co-Founder and CEO of SNS Capital Group! 🎙️ Jered offers invaluable insights into the strategies that have propelled our success in multifamily investing. Tune in now! #RealEstateInvesting #Multifamily #Podcast"

Last week, Lori Agudo, CAM®, NAAEI Faculty and I had Jaren Bradley, founder of Multifamily Consultants as guest on the episode 99 of Multifamily Chronicles podcast. In this insightful conversation, Jaren shared his journey in multifamily operations, from starting as a leasing consultant to founding his own consulting firm. Here are the main takeaways fro our conversation: ✅ Striking the Balance: Centralization offers efficiency, but preserving the human touch is vital, especially in customer-facing roles like maintenance and customer service. ✅ Internal Growth Matters: Jaren advocates for promoting from within, fostering a culture of growth and development, and identifying talent through referrals and observation. ✅ Stress Management and Balance: Jaren shares practical tips for managing stress and maintaining work-life balance, emphasizing the importance of self-care and time management. ✅ Creating a Lasting Impact: Leaving a positive legacy in the industry involves motivating, training, and empowering others, echoing Jaren's passion for making a meaningful difference. ✅ Human-Centric Solutions: Despite advancements in technology, human presence remains indispensable in roles like maintenance, ensuring immediate on-site response to emergencies. ✅ Personal Reflections and Mentorship: Jaren draws inspiration from family, mentors, and colleagues, offering mentorship and guidance to others seeking growth in property management. Check out the full episode to dive deeper into this conversation filled with insights and strategies for success . If you haven't done it yet, please hit that "Follow" button on this page and subscribe to the Multifamily X YouTube channel to get the latest updates from the Multifamily X and Multifamily Chronicles podcasts-link in the comments. 👇 You can also find most Multifamily Chronicles episodes on your favorite podcast platform. https://lnkd.in/exGvMTAX

I recently had the honor of being a guest on the Multifamily Management Excellence Podcast. During the conversation, one theme that truly stood out was the importance of details. The devil is in the details, and those details are embedded in everything we do—from paperwork and forms to accounting, marketing, and training. It doesn’t stop. Never underestimate the power of paying attention to the details. Another key takeaway was the value of teamwork. My success comes from my team's efforts, and it's crucial to have great people around you. Trusting in each other's unique abilities and fostering diversity makes us stronger. At Mecca, we genuinely believe in this philosophy. It's in our name—Mecca symbolizes one united heart, and that's what we strive to build in every community. A happy resident base creates a successful partnership with our owners. Give the full podcast a listen at the links below. Thank you to Ascent Multifamily Accounting for inviting me on! #Leadership #Teamwork #MultifamilyManagement #DetailsMatter #Diversity #Success #Podcast

Episode 101 of the Multifamily Chronicles podcast is here. Our hosts Adrian C Danila CAPS, CAMT and Lori Agudo, CAM®, NAAEI Faculty had Dom Beveridge as guest. In this episode, we delved deep into the 20for20 whitepaper findings-the 2024 edition. Here's a snapshot of what we discussed: ✅ Regional market conditions affecting revenue growth, including strategies for success in oversupply markets. ✅ Utilizing AI for relationship building and managing the resident lifecycle, with a focus on digital interactions and data collection. ✅ Centralization efforts, with a spotlight on maintenance centralization and its challenges and benefits. ✅ Procurement optimization and the significant cost savings it can unlock for property management organizations. ✅ The evolving role of AI in the real estate industry, from back-office functions to fraud prevention and beyond. ✅ Shifting trends in technology evaluation, emphasizing tangible benefits and cost savings. This conversation provided a comprehensive overview of the multifamily industry's technological landscape, highlighting the importance of strategic thinking and innovation in driving success. A big thank you to Dom for sharing his expertise and perspectives! Be sure to tune in to the full episode for even more valuable insights. https://lnkd.in/gAwX3CSM If you haven't done it yet, please hit that "Follow" button on this page and subscribe to the Multifamily X YouTube channel to get the latest updates from the Multifamily X and Multifamily Chronicles podcasts.  You can also find most Multifamily Chronicles episodes on your favorite podcast platform-follow us and leave us a rating. #multifamily #multifamilychronicles #multifamilypodcast #multifamilytrends

In a recent podcast, our guest Doug Geiken highlights the challenges and transformation in real estate maintenance. Key takeaways: ✅ Changing Perceptions: Just as the perception of zoos is evolving, the perception of maintenance roles needs to change. Maintenance professionals are often undervalued and misrepresented, similar to outdated depictions in popular media. ✅ Comprehensive Training: A robust training program is essential. Training centers not only help new employees from various backgrounds, such as car wash technicians, to become proficient in maintenance but also demonstrate the breadth of knowledge required in this field. ✅ Hiring for Potential: Instead of solely seeking experienced individuals, hiring based on personality and team fit has proven to be highly effective. New hires are trained in our systems and ways, leading to the development of exceptional maintenance professionals. ✅ Building Culture: The focus on training and team integration has fostered a strong, collaborative culture. Employees not only work well together but also form friendships and a sense of community, enhancing overall job satisfaction and performance. By redefining the approach to maintenance through targeted training and hiring for potential, the maintenance industry can elevate its standards and better recognize the vital role these professionals play. https://lnkd.in/eRB9DZMa To watch the full episode, check out the links in the comments below. This podcast is brought to you by Kairos Water and AppWork.