Operations

Manors-Matteson
IllinoisMidwestNewsOperations

Haven Realty Sells Manors at Brookmere in Metro Chicago for $26.4M

by Lynn Peisner

MATTESON, ILL. — Haven Realty Capital has sold The Manors at Brookmere in Matteson to Haven Realty Capital for $26.4 million. Cushman & Wakefield’s Brad Smith, Jack Maloney and Anna Lovell represented Haven in the transaction. Haven subsequently tapped Daniel Management Group (DMG) to manage the property. The Manors at Brookmere is a 108-unit build-to-rent townhome community in Matteson, 31 miles south of Chicago. Units are offered in two- and three-bedroom layouts and include one- or two-car garage options and full-sized washers and dryers. The community, built in 2021 by …

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The-Point-at-Deerfield-Plano
ColoradoCompany NewsNewsOperationsTexasWestern

The Paskin Group Selects Asset Living to Manage 17-Property Portfolio

by Lynn Peisner

HOUSTON, TEXAS — Asset Living has assumed management of a 17-property portfolio owned by The Paskin Group. Thirteen of the 17 communities are in Texas and transitioned to Asset Living’s managed portfolio on May 13. The remaining properties are in Colorado. Asset Living will assume management of those assets in August. The Paskin Group is a Santa Barbara, California-based real estate investment company focused on acquiring value-add multifamily properties. Asset Living was ranked second in the National Multifamily Housing Council’s 2026 Top 25 with 288,665 units under management. The Houston-based …

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Jay-Sawmiller
Industry VoicesOperations

Essential Strategies for Managing Liability Claims in Multifamily and Mixed-Income Housing

by Lynn Peisner

By Jay Sawmiller For multifamily and mixed-income housing owners and operators, liability claims are no longer rare, isolated events — they’re a growing operational challenge. From tenant injuries and environmental hazards to cyber incidents and employment-related liability exposures, a wide spectrum of risks is surfacing that can threaten financial stability and reputational standing. The stakes are especially high for developers, owners and operators managing affordable housing, where tighter budgets and regulatory scrutiny demand more robust risk management. Liability losses from premises-related injuries can vary, with some claims escalating into six- …

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The real cost of those choices plays out over years: in maintenance calls, turnover time, mold remediation, resident complaints and, ultimately, rent premiums lost or captured. — Melissa Schroeder, VP of Business Development, Mincey Marble
Content PartnerDevelopmentIndustry ContentOperations

Beyond the Bid: Why Bathroom Material Choices Follow You for 15 Years

by Jaime Lackey

Developers building new multifamily projects scrutinize every line item — and bathroom materials are no exception. But the bid price on tile, fiberglass or cast marble shower panels and pans tells only part of the story. The real cost of those choices plays out over years: in maintenance calls, turnover time, mold remediation, resident complaints and, ultimately, rent premiums lost or captured. Over a 10- to 15-year hold period, bathroom material selection impacts maintenance budgets, unit turnover speed, resident satisfaction and asset value. And yet it’s still treated as a …

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PromenadeNewnanCrossing-Newnan
FeaturesFinanceInvestment SalesOperations

You Built It. Your Kids Don’t Want to Run It: A Tax Strategy Most Investors Are Missing

by Lynn Peisner

By Ben Roper and Hal Reinauer There’s a conversation happening in estate attorneys’ offices and around family dinner tables across the country, and it usually goes something like this: an owner of a multifamily property, often held for decades, begins to think seriously about what happens next. The asset has been good to them. It generates income. It carries emotional weight. And the plan, loosely held, is to pass it along the same way it arrived: intact, appreciated and relatively uncomplicated. What most owners never fully reckon with, and what is …

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The-Buckley-Plano
DevelopmentNewsOperationsTexas

Rosewood Property Co. Begins Leasing at The Buckley in Plano, Texas

by Lynn Peisner

PLANO, TEXAS — Dallas-based Rosewood Property Co. and development partner MetLife Investment Management have begun leasing at The Buckley, a 338-unit community located at 600 Kissimmee Drive within Plano’s Heritage Creekside mixed-use development. The four-story mid-rise is comprised of studios, one-, two- and three-bedroom units and amenities such as a resort-style pool, multiple lounge areas, a club lounge and card room, a fitness center with individual workout pods, coworking areas within a library setting, a dog park and courtyards. The 156-acre Heritage Creek was also developed and is owned by …

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Modera-Chandler
ArizonaDevelopmentNewsOperationsWestern

Mill Creek Residential Pre-Leasing at Modera Chandler

by Lynn Peisner

CHANDLER, ARIZ. — Mill Creek Residential has begun pre-leasing at Modera Chandler, a 345-unit property in Chandler that Mill Creek began developing in July 2024. Modera Chandler is comprised of one-, two- and three-bedroom homes, some with dens. Amenities include a resort-style pool with cabanas, a hot tub and sauna, grilling area, fire pit, outdoor dining, a clubroom with gathering space, landscaped courtyards, coworking space with private pods, a conference room, resident lounge with library, pet park, playground and a two-story fitness center. The community also features 24-hour digital self-serve …

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Shelly Peterson, Smart Package Room
Content PartnerIndustry ContentOperations

What Package Wrangling Is Really Costing Your Team

by Jaime Lackey

Running a leasing and management office and running a mailroom are two different jobs. At many multifamily communities, one team is doing both. But manually processing an increasing volume of parcels can consume untold staff hours and pull people away from leasing, marketing and other priorities — driving up costs and dragging down the operational efficiency needed to maximize occupancy and protect NOI. With last year’s slumping rent growth dampening operators’ revenue expectations, more multifamily owners are seeking help to turn package management from a labor-intensive cost center into a …

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Jack-Sandy-Vingcard
Industry VoicesOperationsTechnology

How Integrated Technology Is Redefining Multifamily Operations and Community

by Lynn Peisner

By Sandy Jack When you think about technology in multifamily, conversations have historically focused on solving one problem at a time. If you needed a lock, for example, you bought a lock. If you needed Wi-Fi, you found a provider. Each of those individual tech decisions might have made sense in the moment, but none of those decisions was connected to the others.   Operators are redefining technology by shifting the question from, “What do I need to invest in today?” to “How do these tools work together to better …

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Laguna-Reserve-New-Orleans
FinanceLouisianaNewsOperationsSoutheast

The Lynd Group Secures $49M to Renovate Four New Orleans Properties

by Lynn Peisner

NEW ORLEANS — The Lynd Group has closed on $49 million in financing to support renovations for a 1,512-unit, four-property portfolio acquired out of bankruptcy in New Orleans earlier this year. The unit renovations will include new appliances and updated flooring and countertops. Privacy gates, security cameras and on-site security staff also will be added, as will new community services and amenities, such as pools, fitness centers, playgrounds, community centers, sports courts and after-school programming. Current rents across the portfolio range from approximately $950 to $1,430 per month. Following renovations, …

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