Of Interest

Polling 2,000 Gen Zers, Entrata and Qualtrics found that the generation wants to rent, not because they have to. The majority (72%) say renting is financially smarter, and 83% say renting allows them to save for priorities like travel or career development. They are born between 1997 and 2012. They comprise nearly 21 percent of...

A key to resident satisfaction include electronic access. This article explains several new systems that offer electronic access and more. Resident retention is often based on amenities and the technology is increasingly in demand as a critical part of their satisfaction. https://www.multifamilyexecutive.com/technology/proptech-pulse-new-integrations-smart-access-and-resident-centric-solutions?utm_source=newsletter&utm_content=&utm_medium=email&utm_campaign=MFE_061925&&oly_enc_id=8453J5949623C0C

A new report from Zego, a global payments company and property management automation platform found, “Resident retention is no longer just a cost-saving strategy; it’s a competitive advantage,” said Zego president and general manager Eric Ives. “Our latest research shows that while amenities matter, it’s the resident experience—from move-in to maintenance—that determines whether renters stay...

Modular construction hasn’t been go-to choice for many developer despite its advantages: faster timelines, reduced labor costs, repeatability, and a greater sense of quality control. Still, it’s growing increasing from over 3.5 percent to 6.64 percent in just one year. Multifamily construction amounts to 20 percent of that. Still, companies can face hurdles with zoning...