Operations

How to Ease Billing and Compliance Headaches During Development

by Lynn Peisner February 11, 2025

Any number of issues can keep multifamily developers and owners awake at night. I’ve identified the following four top problem areas for developers when it comes to billing and compliance based on my experience working on new construction projects. The following tips can help minimize unnecessary delays, reduce staff frustration, avoid fines and lower costs all while allowing for a smooth transition into operations. 1. Deposits Setting up deposits for multifamily developments is a challenge that requires careful attention to details such as regulatory compliance, financial management and tenant relations. …

February 11, 2025

Features Leasing & Marketing Operations Texas

Corgan Study Finds Affordability is Top Priority for Renters, Offers Solutions for Landlords

by Channing Hamilton February 10, 2025

DALLAS — Affordability is more important to renters than location and amenities, according to a study from Hugo, the research team of Dallas-based architect Corgan. The Residency Reshaped report examined how renters’ priorities have shifted because of hybrid work trends, high costs of living and inflation. Researchers surveyed 1,480 renters in six Sun Belt markets: Atlanta, Austin, Dallas, Denver, Nashville and Phoenix. Residency Reshaped targeted renters between the ages of 25 and 45 who had leased for at least one year and who paid at least $1,500 per month in rent. The research team …

February 10, 2025

Features From the Magazines Operations

The Hidden Costs of Accessibility Oversights

by Channing Hamilton February 3, 2025

In the multifamily housing industry, accessibility compliance isn’t just about following regulations — it’s about protecting investments, ensuring equal access for all residents and mitigating risk. Yet many property owners find themselves facing costly retrofits and legal exposure due to what experts call “death by a thousand wrong answers.” Not getting any advice can be just as bad as getting a lot of wrong advice from unqualified sources. It is imperative that you receive guidance from experts who understand the nuances and overlap of different regulations. If you don’t, you …

February 3, 2025

Features From the Magazines Operations

Smart Tax Strategies Can Unlock Value in Your Multifamily Investment

by Channing Hamilton January 31, 2025

Owning multifamily real estate isn’t just about consistent rental income, it’s a powerful tool for building long-term wealth. But here’s what many investors miss: Your property could be a gold mine of untapped tax savings that can significantly boost cash flow. By using the right tax strategies, property owners can unlock thousands of dollars — sometimes millions — in deductions, freeing up capital that can be reinvested back into your portfolio for upgrades, new technologies, hiring staff and more. Two key strategies that can supercharge your savings are cost segregation …

January 31, 2025

Build-to-Rent Company News News North Carolina Operations Southeast

RKW Residential Tapped to Manage Three Charlotte Properties

by Lynn Peisner January 29, 2025

CHARLOTTE, N.C. — RKW Residential has been selected to manage three properties in Charlotte. The properties include Abode at Reid’s Cove (95 units) and Abode at Greenway (90 units), two build-to-rent (BTR) communities owned by Edgewood Ventures. The third property, Axis Berewick, is a 266-unit traditional multifamily asset owned by Welltower. RKW also manages Welltower’s Charlotte properties Solis Midtown and Solis Millennium. The firm now manages or consults on approximately 5,000 BTR units nationwide, with a concentration in Sun Belt and Midwest markets.

January 29, 2025

News Operations People News Texas

TCC Appoints Two Professionals to Senior Leadership Roles

by Channing Hamilton January 24, 2025

DALLAS — Trammell Crow Co. (TCC) has promoted Adam Nims to the position of chief investment officer. Additionally, the Dallas-based developer has hired Billy Hart to the role of chief strategy and underwriting officer. As chief investment officer, Nims will oversee TCC’s investment strategy, including capital markets and development solutions initiatives. Nims has held various positions at TCC since joining the company in 2006. Most recently, he served as president of the eastern U.S., and before that as president of the western U.S. He will report to TCC’s CEO, Danny …

January 24, 2025

Development Georgia News Operations People News Southeast

Columbia Residential Adds Robert Fink as Chief Development Officer

by Channing Hamilton January 22, 2025

ATLANTA — Columbia Residential has hired Robert Fink to the position of chief development officer. In this role, Fink will oversee all aspects of development operations for the company, including securing new affordable housing and community development opportunities. He will also oversee Columbia Residential’s business planning and manage the company’s financing structures. Fink will be based at Columbia Residential’s headquarters in Atlanta. Fink previously served as the vice president of development at Zimmerman Properties in Atlanta. Prior to this, he served as the director of housing finance and development at …

January 22, 2025

Company News Georgia Leasing & Marketing News Operations People News Southeast

RKW Tapped to Manage Atlanta Property, Hires New Regional Manager

by Lynn Peisner January 14, 2025

DULUTH, GA — Westplan has selected third party management firm RKW Residential to lease and manage Accent Suwanee Creek near Atlanta. The 253-unit property is made up of one-, two- and three-bedroom units. RKW also has hired Sean Shalpan, formerly a regional manager with Greystar, to support RKW’s growth throughout Georgia. RKW is headquartered in Charlotte with regional offices in Miami, Orlando, Florida, Atlanta and Raleigh, North Carolina. The company manages approximately 30,000 multifamily and build-to-rent units in eight states.

January 14, 2025

Features Operations Technology

New RealPage App Provides One-Stop Shop for Renters, Landlords

by Channing Hamilton January 10, 2025

RealPage has a new app for residents called LOFT that’s designed to take the sting out of several operational pain points. The app comes on the heels of a survey of residents and property managers. The Richardson, Texas-based commercial real estate tech and data company queried more than 75 owners and operators to uncover which service objectives property managers were struggling to meet. The survey show that an overwhelming 97 percent of residents indicated they would be more likely to renew their lease if working with their property manager were as …

January 10, 2025

Leasing & Marketing News Northeast Operations Washington, D.C.

US Justice Department Adds Six Landlords to Rental Price-Fixing Lawsuit

by Channing Hamilton January 9, 2025

WASHINGTON, D.C. — The U.S. Justice Department (DOJ), along with 10 state attorneys general, has filed an amended complaint in its antitrust lawsuit against RealPage. The complaint targets six of the nation’s largest property managers, alleging that the companies used RealPage’s pricing algorithms to share sensitive data and coordinate pricing strategies, which the DOJ states resulted in artificially inflated rents. The DOJ stated that the landlords had colluded with one another by directly communicating with competitors’ senior managers about sensitive topics such as rents and occupancy; conducting “call arounds” to …

January 9, 2025

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