Hey multifamily property managers, don’t be afraid to explore some building products to enhance your spaces. Some of this tech is truly astounding. Coming from someone who has spent decades in this industry, it’s very cool to see the tools that can now be at your disposal. In BD+C, editors highlight five recent multifamily products that make an investment worth it. Not the most complicated stuff either. Could be a great addition to your property! #Technology #Multifamily
Robert Salwasser’s Post
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Stay ahead of the curve with the latest smart tech trends in the housing market. Find out how multifamily housing is leveraging technology to enhance living experiences. #SmartLiving #Lumen #TechTrends
Smart tech attracts multifamily housing renters
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I read a lot about work life balance (WLB) on LinkedIn. Thing is, I don't care about WLB as much. Maybe I'm just a workaholic. I just enjoy the stress that comes with work. And you know what? Nothing does a better job of raising my stress than speculating on where all the activity is (in real estate, duh). Leave us alone, Realty Dynamics LLC !! Don't kill the fun in real estate!!! #RealtyDynamics #RealEstate #PermitActivity #Florida
Stay Ahead of the Curve with Permit Activity Data by Asset Class! Timing is everything in real estate, and with Realty Dynamics, you can track new construction and development projects across various asset classes in real-time. Whether you're interested in multifamily developments, industrial parks, healthcare facilities, retail spaces, or single-family homes, our Permit Activity Layer has you covered! Curious to see what's happening in your area? Book a demo: calendly.com/rdapp/30min Visit www.realtydynamics.ai
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From a tenant perspective, the more amenities the better. From a developer perspective, they increase project budget driving up the cost per unit. With market intel and a design-build approach, DBS Group will assist in finding that optimal ‘amenity balance’ to attract and retain tenants, with the overriding goal of meeting your budget and ROI targets. #multifamily #seniorhousing #realestateinvesting #designbuild
When it comes to building #multifamilyhousing that today's tenants are searching for, developers and builders are leaning into innovations that delight, allowing them to optimize occupancy and returns. Here are the multifamily housing amenities delivering fun! https://bit.ly/4d7gNu3 #propertydevelopment
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https://lnkd.in/dquyAkz4 It's no secret - many commercial real estate investments are underperforming right now and have been for a while. That's why so many developers are looking to convert their properties into multifamily. Here's what you need to know: One of my favorite types of projects? Adaptive Reuse - a strategy that involves repurposing existing structures for a different use than originally intended. Here's how we've been able to help our clients unlock the value of their commercial properties and meet market demands. Commercial to Residential conversions are all the buzz right now - but is the ROI worth it? We think so. The national vacancy rate for commercial real estate is 17.9% and rising, with some cities seeing drastically higher vacancy rates. As market demand evolves, here's how we've seen our clients mitigate their risk and unlock hidden value by making the jump to residential. Is it time to pull the trigger on converting your commercial investments to multifamily? Over the last 12 years, we've handled countless adaptive reuse projects at DNA Workshop and become pros at unlocking your property's hidden value.
Converting Underperforming Commercial Real Estate to Multifamily Residential
https://dna-workshop.com
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Attention multifamily building owners, managers, and solution providers: NYSERDA’s Retrofit Playbook for Large Buildings is available now! The Playbook is an online knowledge-sharing platform showcasing decarbonization approaches for a variety of building types, including commercial and multifamily buildings; specifically, multifamily affordable housing buildings, residential buildings, and high-rise buildings. This strategy will help phase out fossil fuels, reduce peak power consumption, and provide relief to the electric grid now and in the future. Try it here: https://lnkd.in/gh3h2UUS
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🚨 Need to Know: The White House proposes a 5% rental cap for multifamily units. Key benefits include increased tenant stability and affordability, and higher market demand for multifamily units. Stay informed with Icon Capital Advisors! #RentalMarket #Multifamily #HousingPolicy #RealEstate
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Have you ever thought about how smart renovations can elevate your multifamily properties? It’s more than just a cosmetic upgrade—it’s a strategic investment to boost property value and maximize your returns. Enhancing shared spaces or modernizing unit features goes beyond mere appearance. It’s about creating an inviting environment that attracts and retains top-quality tenants. These targeted updates can deliver substantial benefits: reduced turnover, higher rents, and better cash flow. But that’s not all. These improvements also increase your property’s overall value. Updated property rents faster and commands higher rates, leading to greater long-term investment returns. The secret is in identifying where to invest for the most significant impact. 🔑 What strategic renovations have you implemented that made a noticeable difference in your multifamily properties? Share your insights—I’d love to hear from you! #MultifamilyRealEstate #InvestmentStrategies #TheRealFund
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𝗪𝗮𝗻𝘁 𝘁𝗼 𝗮𝘁𝘁𝗿𝗮𝗰𝘁 𝗮𝗻𝗱 𝗿𝗲𝘁𝗮𝗶𝗻 𝘁𝗼𝗽 𝘁𝗲𝗻𝗮𝗻𝘁𝘀? 🚗🔌 The Post Oak property, a luxury rental building in Houston, TX, found a winning formula: 𝗘𝗩 𝗰𝗵𝗮𝗿𝗴𝗶𝗻𝗴 𝘀𝘁𝗮𝘁𝗶𝗼𝗻𝘀. By partnering with SWTCH, they've seen a surge in tenant satisfaction and occupancy. Here's why: • 𝗘𝗻𝗵𝗮𝗻𝗰𝗲𝗱 𝘁𝗲𝗻𝗮𝗻𝘁 𝗲𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲: No more searching for public chargers. • 𝗔𝘁𝘁𝗿𝗮𝗰𝘁𝗶𝗻𝗴 𝗻𝗲𝘄 𝗿𝗲𝘀𝗶𝗱𝗲𝗻𝘁𝘀: EV owners are drawn to properties with this amenity. • 𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝗱 𝗽𝗿𝗼𝗽𝗲𝗿𝘁𝘆 𝘃𝗮𝗹𝘂𝗲: EV charging is a future-proof investment. Ready to level up your property? Consider adding EV charging stations. It's a win-win for both you and your tenants. #EVcharging #multifamilyliving #sustainableliving #tenantretention #propertymanagement
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Neighbor studied 10 US markets to evaluate pricing for parking. In eight of those markets, the market rate for parking was an average of 162% higher than the multifamily rate for covered parking. This gap represents an opportunity of $47,000 to $189,000 in NOI per property per year if operators optimize their prices, the report said.
Optimized Multifamily Parking Strategy Can Increase NOI
globest.com
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Trusted Insurance Risk Advisor at Heffernan Insurance Brokers | Master Workers Comp Advisor | Chartered Property Casualty Underwriter | Executive Vice President
1moThank you for sharing this. It's always exciting to see new innovations that can improve our properties and enhance the living experience for residents.