Operations

PresidiumValleyView
DevelopmentNewsOperationsTexas

Presidium Opens Valley View in Farmers Branch, Texas

by Lynn Peisner

FARMERS BRANCH, TEXAS — Texas-based developer Presidium has completed Presidium Valley View, a 348-unit project located in the northern Dallas metro of Farmers Branch. Units come in studio, one-, two- and three-bedroom floor plans and range in size from 573 to 1,631 square feet. Residences are furnished with stainless steel appliances, quartz countertops, kitchen islands, built-in desks, private balconies, keyless entry mechanisms and individual washers and dryers. Indoors, the property houses a fitness center, clubroom area, coffee bar, theater lounge with a golf simulator and coworking spaces. Outdoor amenities include …

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Sentral-Houston
CaliforniaNewsOperationsTexasWestern

Sentral Tapped to Manage Texas and California Properties

by Lynn Peisner

DENVER — Multifamily property management company Sentral has added three properties to its management portfolio. The first is an unnamed community still under construction in Houston. The 32-story, 475-unit development is slated to open in early 2026. The developers are Raven Capital Management and RCM Living. Star Harbor, owned by Strada Investment Group, in Alameda, California, is the second property, and the third is 830 Eddy in San Francisco. The owner of 830 Eddy was not disclosed. Sentral’s hospitality-styled management model offers both short-term stays in furnished units as well …

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Paseo-at-COMM22-San-Diego
Affordable HousingCompany NewsOperations

Avanath, BRIDGE Form Affordable Housing Property Management Company

by Lynn Peisner

SAN FRANCISCO AND IRVINE, CALIF. — BRIDGE Housing and Avanath Communities have jointly formed an affordable and workforce housing property management company called Brighthaven Communities. Initially, Brighthaven will provide property management services to the two organizations’ combined portfolio of properties, which totals approximately 30,000 affordable homes across 15 states. The new company plans to extend its services beyond the partners’ own properties to include other nonprofit and for-profit owners of affordable and workforce housing communities. Brighthaven will be governed by a six-member board with equal representation from both organizations. Avanath …

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Autumn-Park-Oxford
NewsNorth CarolinaOperationsSoutheast

29 Street Living Tapped to Manage Autumn Park in North Carolina

by Lynn Peisner

OXFORD, N.C. — Chicago-based 29th Street Living has been selected to manage Autumn Park Apartments, a 128-unit community in Oxford, about 40 miles north of Raleigh, North Carolina. The asset is owned by New York City-based Newbrook Capital. Autumn Park was built in 2005 and offers one-, two- and three-bedroom units. Amenities include a pool and a 24-hour fitness center.

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Construction site
DevelopmentFeaturesOperations

Owner-Controlled Insurance Programs Can be Cost Effective, But Only if Negotiated Smartly

by Lynn Peisner

By Max Stein and Robert Alfert For any construction project, insurance coverage is a critical factor in managing risk. In recent years, owner-controlled insurance programs (OCIPs) for large-scale commercial and residential construction projects have grown in popularity. OCIPs are mainly known for being “wrap-up policies,” which means the owner/developer pays the premium, and the policy provides coverage for all contractors and subcontractors working on the project, with the exception of some higher-risk trades, such as hazardous-materials handling or demolition. While OCIP costs can vary widely depending on project scale and …

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Shelly Peterson Smart Room Package management Multifamily quote
Content PartnerFeaturesFurniture, Fixtures & EquipmentIndustry ContentMidwestNortheastOperationsSoutheastStudent HousingTechnologyTexasWestern

Scalable Solutions for Multifamily’s Growing Package Problem

by Sarah Daniels

At too many multifamily communities today, managers spend much of their time receiving, safeguarding, retrieving and tripping over a rising tide of parcels awaiting pickup by residents. A range of cages, lockers and other systems promise to ease the package management burden, but most still require staff oversight and may not securely accommodate bulky items or seasonal surges in deliveries. “The sheer volume of packages residents are getting has increased, and that has driven a lot of frustration with package management,” says Shelly Peterson of Smart Package Room, which makes …

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THE-CHARLEY
DevelopmentMassachusettsNewsNortheastOperations

Berkeley Investments Opens The Charley in Boston

by Lynn Peisner

BOSTON — Locally based Berkeley Investments has opened The Charley, a 103-unit development in Boston’s Allston neighborhood. The six-story property, built to LEED Gold standards, offers units as studios and one-, two- and three-bedroom floor plans. Units feature quartz countertops, washers and dryers and Wi-Fi-enabled appliances and heating and cooling controls. Monthly asking rents range from $2,490 to $4,999. Amenities include garage parking with electric vehicle chargers, bike parking, a dog park, a pet wash and grooming area, a lounge, coworking spaces, a coffee bar, rooftop deck with fire pits, …

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Blu-Atlantic
FloridaNewsOperationsSoutheast

RKW Named Manager of Three South Florida Properties

by Lynn Peisner

FORT LAUDERDALE — RKW Residential has been named property manager of three South Florida properties: Falls at Marina Bay in Fort Lauderdale, Blue Atlantic in Delray Beach and Atlantica at Dania Beach. The properties comprise 671 units. Names of the property owner(s) were not disclosed. Falls at Marina Bay is a 376-unit waterfront community offering one-, two- and three-bedroom apartments. The community is anchored by a 10,000-square-foot clubhouse, a lagoon-style pool with a hot tub and a fitness center with a personal trainer on staff.   Blu Atlantic, a 177-unit …

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Kyle-Nelson
Industry VoicesOperationsTechnology

TikTok is Fueling a New Era of Real Estate Fraud — Here’s What Operators Can Do About It

by Lynn Peisner

By Kyle Nelson Fraud is no longer hiding in the shadows. It’s being taught and sold in plain sight — sometimes with hashtags and tutorial videos. Across the multifamily housing industry, operators are seeing the effects firsthand: Fake documents are slipping through and unqualified tenants are being approved, resulting in rising eviction rates.  On TikTok, an unexpected market has emerged where users trade tips and tools for falsifying income, employment and identity to gain access to rental housing. This trend is not limited to individual bad actors offering a forged …

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Kim-Young
Industry VoicesOperationsTechnology

To Click or to Connect: Nailing the Balance Between Leasing Tech and Human Touch

by Lynn Peisner

By Kim Young In multifamily leasing, striking the right balance between automation and human connection isn’t just a technological decision. It’s the difference between signing a lease and losing a prospect forever.  ​According to the 2024 NMHC/Grace Hill Renter Preferences Survey Report, 73 percent of renters expect digital leasing options, yet 67 percent say personal interaction influences their decisions. These numbers tell a compelling story that every operator should heed.  ​As managers, we aren’t merely optimizing workflows. We’re orchestrating living experiences that transform curious browsers into committed residents. Then we …

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